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Uganda’s Largest Banks by Assets: Stanbic, Centenary Lead As Industry Assets Hit Shs61.6 Trillion

Uganda’s Largest Banks by Assets: Stanbic, Centenary Lead As Industry Assets Hit Shs61.6 Trillion

Uganda’s banking sector recorded strong growth in 2025, with total industry assets rising to Shs61.59 trillion from Shs53.12 trillion in 2024, according to an analysis of audited financial results by Business Focus.The results show that a handful of banks continue to dominate the industr

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Dr Muganga was rejected because of holding 3 passports - Kabanda

Dr Muganga was rejected because of holding 3 passports - Kabanda

Daudi Kabanda says Dr Lawrence Muganga's rejection by Parliament's Appointments Committee was linked to citizenship concerns, not his ethnic background.Daudi Kabanda says Dr Lawrence Muganga was not rejected because he is a Munyarwanda.Kabanda claims the Appointments Committee found

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Dr Muganga says Tayebwa hates Banyarwanda, vows to release audio

Dr Muganga says Tayebwa hates Banyarwanda, vows to release audio

Dr Lawrence Muganga has accused Deputy Speaker Thomas Tayebwa of discrimination against Banyarwanda and denied allegations that he holds a Rwandan passportDr Lawrence Muganga has accused Deputy Speaker Thomas Tayebwa of hating Banyarwanda and influencing his rejection.Muganga denied

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How new taxes will hit you

How new taxes will hit you

Kakira Sugar and other factories petitioned the High courtFor many Ugandans, taxes rarely feel real when they are first announced in Parliament.They feel distant then. Technical. Wrapped in legal amendments and budget speeches. The impact usually becomes clearer later, at the fuel s

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Fish farming emerges as new weapon against poverty in Kibuku

Fish farming emerges as new weapon against poverty in Kibuku

For decades, crop farming has been the backbone of livelihoods in Kibuku District. Yet unpredictable weather patterns, declining soil fertility, pests and fluctuating market prices have continued to frustrate farmers, leaving many households struggling to escape poverty.Now agricultural ex

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BoU limits daily cash withdrawals for individuals to Shs50m

BoU limits daily cash withdrawals for individuals to Shs50m

Twinemanzi Tumubweine, Bank of Uganda Executive Director of National Payment Systems.Overview:The new measures, which take effect on January 1, 2027, are expected to reshape how businesses and consumers move money through the banking system.KAMPALA — The Bank of Uganda (BoU

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Parliament throws out Muganga appointment as minister as he denies Rwanda citizenship

Parliament throws out Muganga appointment as minister as he denies Rwanda citizenship

The committee cited the Citizenship and Immigration Act which bars holders of dual citizenship from holding offices listed in the Fifth Schedule which includes the presidency, prime minister, cabinet and ministers of state.The Parliamentary Appointments Committee has rejected the appointme

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Govt accused of ‘drops in ocean’ as OPM disburses Shs2.8b out of Shs80b cattle restocking fund

Govt accused of ‘drops in ocean’ as OPM disburses Shs2.8b out of Shs80b cattle restocking fund

The Office of the Prime Minister (OPM) has commenced the disbursement of Shs2.8 billion under the long-awaited Shs80 billion national cattle restocking programme. However, the intervention has faced immediate scrutiny, with critics and local leaders describing it as a "drop in the ocean" g

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Ambassador Kizige Donates Computer to Boost Land Registration Services in Kamuli

Ambassador Kizige Donates Computer to Boost Land Registration Services in Kamuli

KAMULI — Uganda's Ambassador Plenipotentiary to Moscow and former Bugabula North Member of Parliament Moses Kizige has donated a modern high-end computer and an uninterruptible power supply (UPS) to the Kamuli District Lands Office to improve land registration services and enhance data manageme

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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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