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Equity Group posts Shs 433.2bn profit

Equity Group posts Shs 433.2bn profit

L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event.The lender

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Uganda’s Construction Sector Sees Modest Inflation Uptick in April , Driven by Specialised Activities and Civil Works

Uganda’s Construction Sector Sees Modest Inflation Uptick in April , Driven by Specialised Activities and Civil Works

Uganda’s construction sector recorded a mild rise in inflation, with the annual rate edging up to 0.6% in the 12 months ending April 2025, up from 0.5% in March, according to the latest Construction Input Price Index (CIPI) released by the Uganda Bureau of Statistics (UBOS).The increase,

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Govt Launches Million LEGS Project to Transform Rural Livelihoods

Govt Launches Million LEGS Project to Transform Rural Livelihoods

The Government of Uganda, with support from international partners, has unveiled $50.4 million(Shs 191.5 billion) initiative aimed at improving rural livelihoods and accelerating economic transformation across 17 districts under the Local Economic Growth Support (LEGS) Project.Implemented

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Govt, Islamic Development Bank Invest Shs180bn to Boost Rural Livelihoods

Govt, Islamic Development Bank Invest Shs180bn to Boost Rural Livelihoods

The government, with support from international financiers, is pressing ahead with a $50.4 million (about Shs182 billion) initiative aimed at transforming rural economies through water access, market infrastructure, and affordable microfinance.Known as the Local Economic Growth Support (LE

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David Rubongoya: Ugandans Must Vote, Stay and Protect the Results in 2026

David Rubongoya: Ugandans Must Vote, Stay and Protect the Results in 2026

The National Unity Platform (NUP) has intensified its campaign to boost voter turnout ahead of Uganda’s 2026 general elections, urging citizens to take an active role in shaping the country’s future.Speaking to Sunday Monitor, NUP Secretary General Da

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No Highway Should Be Allowed to Deteriorate, Says Katumba

No Highway Should Be Allowed to Deteriorate, Says Katumba

Works and Transport Minister Gen Edward Katumba Wamala has pledged urgent government action to restore Uganda’s collapsing highways, beginning with the Kampala–Jinja route, a key regional trade corridor now in a state of disrepair.“No highway should be allowed to deteriorate,” the

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Harvard agrees to transfer photos of enslaved people to black history museum

Harvard agrees to transfer photos of enslaved people to black history museum

Harvard University has agreed to hand over a set of historic photos believed to be among the earliest depicting enslaved people in the United States.The agreement ends a long legal battle between the institution and Tamara Lanier, an author from Connecticut who argues she

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US to double tariffs on steel and aluminium imports to 50%, Trump says

US to double tariffs on steel and aluminium imports to 50%, Trump says

President Donald Trump has announced the US will double its current tariff rate on steel and aluminium imports from 25% to 50%, starting on Wednesday.Speaking at a rally in Pittsburgh, Pennsylvania, Trump said the move would help boost the local steel industry and national supply, while re

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Lyantondo Hosts Prayers Ahead of Heroes Day Celebrations

Lyantondo Hosts Prayers Ahead of Heroes Day Celebrations

As Uganda prepares to mark the 2025 Heroes Day, the district of Lyantonde came alive with emotion and reverence during a special prayer gathering held at Kaliiro Technical Institute on Friday.The prayers, organized to honor the memory and sacrifices of Uganda’s fallen heroes, brought tog

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Mauritania’s Sidi Ould Tah Elected New President of AfDB

Mauritania’s Sidi Ould Tah Elected New President of AfDB

Sidi Ould Tah of Mauritania has been elected as the ninth President of the African Development Bank Group (AfDB), succeeding Nigeria’s Akinwumi Adesina, whose decade-long tenure ends this September.The announcement was made following a high-stakes vote by the AfDB’s Board of Governors

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