Strong capital ratios and a Shs591 billion profit anchor Stanbic Uganda as Chief Executive Francis Karuhanga transitions to Standard Bank Group regional leadership.KAMPALA, Uganda — Outgoing Stanbic Uganda Holdings Limited Chief Executive Francis Karuhanga is handing over a robust balanc
Uganda continued to offer the highest 91-day Treasury Bill rate among major East African Community economies during the first quarter of 2026, according to the latest EAC monetary statistics.The data indicates Uganda's position at the top of the regional interest rate rankings
The government has earmarked Shs2.26 trillion for agro-industrialisation in the 2026/27 financial year, targeting irrigation, value addition, agro-processing and agricultural research as part of efforts to transform Uganda’s agriculture sector into a more commercial and export-driven engine of
When the Minister of Finance, Henry Musasizi, presents the 84.3 trillion shillings budget for the 2026/27 financial year on Thursday, one figure will stand out among the revenue projections. The budget comes at a time when policymakers are positioning mineral resources, especially oil and gas, as
Ugandan President Yoweri Museveni inspects a guard of honour during the flagging-off of Uganda’s first AU peacekeeping contingent to Somalia on March 1, 2007. East Africa remains the backbone of global peacekeeping despite shrinking troop numbers and funding.Despite the decline in number
the busy dusty border towns of Lia and Odramacaku, both in Arua City, traders are sighted crossing from the Democratic Republic of Congo into Uganda using illegal border entry points. Some are crossing using the designated routes with UPDF soldiers patrolling the areas as a measure to control the
The MP for Kawempe South, Madina Ntale Nsereko, has called on the new leadership of the Kampala Capital City Authority (KCCA) to urgently address service delivery challenges affecting residents in her constituency.Speaking to Bbeg Media on Saturday morning, Nsereko said the new City Hall l
Even after deploying his blue-eyed boy Vincent Bagire there, President Museveni’s attitude towards civil servants working under the Foreign Affairs Ministry (MoFA) didn’t change from lukewarm to more favorable.He, for years, had been quarreling that the Ministry wasn’t doing enough t
The Inspectorate of Government (IGG) has reportedly completed a preliminary report on former Speaker of Parliament Anita Annet Among, highlighting a number of issues related to asset declarations, parliamentary expenditure, recruitment practices and foreign travel that investigators believe requi
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
