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Equity’s Best Year Ever: Profit Jumps 55%, Uganda Emerges Growth Star

Equity’s Best Year Ever: Profit Jumps 55%, Uganda Emerges Growth Star

Equity Group Holdings has posted the strongest financial performance in its history, reporting a record KSh75.5 billion (approximately UGX 2.15 trillion) profit after tax for the year ended December 2025, as regional subsidiaries, digital banking, and insurance operations powered a major growth s

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Why Jose Chameleone Is Forever Grateful to Bebe Cool and Redsan

Why Jose Chameleone Is Forever Grateful to Bebe Cool and Redsan

the vibrant history of East African music, few stories capture the true spirit of brotherhood, struggle, and gratitude as powerfully as that of Ugandan legend Jose Chameleone. Known affectionately as the “Bus Corridor King,” Chameleone rose from humble beginnings to become one of the most inf

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Govt to save Shs24b in holiday spending cuts

Govt to save Shs24b in holiday spending cuts

The government expects to save about Shs24 billion annually after suspending funding for national public holiday celebrations beginning Financial Year (FY)2026/2027, the Ministry of Finance has said.The move is part of the government’s Rationalisation of Government Agencies and Public Ex

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France Opens Applications for Fully Funded Master’s Scholarships for Ugandan Students

France Opens Applications for Fully Funded Master’s Scholarships for Ugandan Students

The Embassy of France in Uganda has officially opened applications for its 2026/2027 Master’s Degree Scholarship Programme, offering fully funded study opportunities for young Ugandan graduates seeking to pursue postgraduate education in France.The scholarship programme targets Ugandan s

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AfDB Agrees To Lend Uganda UGX2.4 Trillion For Malaba-Kampala SGR Construction

AfDB Agrees To Lend Uganda UGX2.4 Trillion For Malaba-Kampala SGR Construction

The Ministry of Finance has revealed that the African Development Bank has agreed to lend Uganda, US$650Million (UGX2.452Trn) out of the required Euro2.7Bn (UGX11.864Trn), to finance the 326km Standard Guage Railway project.This followed a commitment given by Dr. Abdul Kamara, Vice Preside

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BoU Approves Sale of Standard Chartered Uganda’s Retail and Wealth Banking Business to Absa

BoU Approves Sale of Standard Chartered Uganda’s Retail and Wealth Banking Business to Absa

Sanjay Rughani (right) and David Wandera after the Bank of Uganda approved the sale of Standard Chartered Uganda’s Wealth and Retail Banking business to Absa Bank Uganda.KAMPALA — The Bank of Uganda has approved the sale of Standard Chartered Bank Uganda’s Wealth and Retail Banking (

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Uganda’s betting companies withhold Shs 2.6bn in winning claims

Uganda’s betting companies withhold Shs 2.6bn in winning claims

Lotteries and gaming operators in Uganda withheld at least Shs 2.6 billion in winning claims from 125 players in the current financial year.According to the National Lotteries and Gaming Regulatory Board (NLGRB), the complainants petitioned the regulator after their purported winnings were

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FY 2026/27 National Budget Reading Set for June 11

FY 2026/27 National Budget Reading Set for June 11

KAMPALA — The Government will on June 11, 2026, present the national budget for the 2026/27 financial year, with officials promising a private sector-driven spending plan focused on export growth, agricultural transformation, industrialisation and job creation.The budget will be read in

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Why President Museveni’s New Cabinet Must Prioritise a Vocational Institute in Rural Masaka to Unlock Youth Employment

Why President Museveni’s New Cabinet Must Prioritise a Vocational Institute in Rural Masaka to Unlock Youth Employment

His Excellency the President of the Republic of Uganda, Yoweri Kaguta Museveni,I write this open letter at a defining moment in Uganda’s governance journey, following the recent Cabinet reshuffle and swearing-in of ministers. This renewed administrative phase presents an opportunity to r

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Uganda’s Best Farmers Head to Netherlands for Agricultural Study Tour

Uganda’s Best Farmers Head to Netherlands for Agricultural Study Tour

KAMPALA — Thirteen winners of Uganda’s 2025 Best Farmers Competition have been flagged off for a week-long agricultural study visit to the Netherlands, where they will gain exposure to advanced farming technologies, value addition systems, and modern agribusiness models aimed at transforming

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