Search Results

EMBASSY IN CHAOS! Missing Assets, Huge Debts, Zero Performance Score & Idle Diplomacy Rock Uganda’s Brussels Mission

EMBASSY IN CHAOS! Missing Assets, Huge Debts, Zero Performance Score & Idle Diplomacy Rock Uganda’s Brussels Mission

Uganda’s Embassy in Brussels, the very face of the country in Europe’s diplomatic heartland, is now at the center of a storm after explosive findings exposed a trail of mismanagement, poor planning, and operational paralysis that has left critical functions crippled under the watch of Mirjam

Ultimate Uganda

Housing Finance Bank’s net profit up 20% to Shs 85.4 billion

Housing Finance Bank’s net profit up 20% to Shs 85.4 billion

Housing Finance Bank posted a net profit of Shs 85.4 billion for the year ended December 31, 2025, marking a 20 per cent increase from Shs 71.1 billion recorded in 2024, as the lender reported strong growth across key financial indicators.The bank’s total assets rose by 15 per cent to Sh

Ultimate Uganda

Pearl Bank Unveils Kololo Headquarters as Rebrand Signals Strategic Shift

Pearl Bank Unveils Kololo Headquarters as Rebrand Signals Strategic Shift

Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank

Ultimate Uganda

Pearl Bank Unveils Kololo Headquarters as Rebrand Signals Strategic Shift

Pearl Bank Unveils Kololo Headquarters as Rebrand Signals Strategic Shift

Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank

Ultimate Uganda

Housing Finance Bank’s Michael Opira crosses to Centenary Bank as Executive Director, Operations

Housing Finance Bank’s Michael Opira crosses to Centenary Bank as Executive Director, Operations

Michael Opira, Executive Director, Operations at Centenary Bank, brings over 27 years of banking experience as he returns to the institution where his career began.Centenary Bank has appointed seasoned banking executive Michael Opira as its new Executive Director, Operations, marking a sig

Ultimate Uganda

Museveni Intervenes in Sseguku Land Row

Museveni Intervenes in Sseguku Land Row

President Museveni has ordered a fact-finding probe into a disputed land case in Sseguku, Wakiso District, warning against corruption and continued construction on property already under a court order.President Museveni has intervened in a heated land dispute in Sseguku, Wakiso District, i

Ultimate Uganda

Uganda Economy Shows Strong Momentum Despite Shilling Depreciation

Uganda Economy Shows Strong Momentum Despite Shilling Depreciation

KAMPALA – Uganda’s economy continues to show signs of steady recovery and strengthening activity, supported by rising demand, increased business confidence, and strong export performance, according to the latest Performance of the Economy Report for March 2026 released by the Ministry of Fina

Ultimate Uganda

Mukono Municipal Council Ranked Among Top 10 Performing Local Governments: Inside The Numbers, Reforms And Political Signals Behind Return To Top 10

Mukono Municipal Council Ranked Among Top 10 Performing Local Governments: Inside The Numbers, Reforms And Political Signals Behind Return To Top 10

Mukono — After years of slipping performance and growing scrutiny, Mukono Municipality is staging a notable comeback—re-entering the top 10 in Uganda’s latest Local Government performance rankings and offering a case study in how administrative recalibration and political alignment can shif

Ultimate Uganda

Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Uganda Clays may have bought time, but not certainty. Beneath the return to profit lies a balance sheet still under strain, propped up by deferred obligations and a partially unsecured NSSF loan. Its recovery, while visible, remains fragile. The real test will come when repayments begin, when imp

Ultimate Uganda

Isingiro tops 2025 rankings as Kira, Nansana shine in local gov’t performance

Isingiro tops 2025 rankings as Kira, Nansana shine in local gov’t performance

Kampala, Uganda: Isingiro District has emerged as the best-performing local government in Uganda under the LGMSD 2025 rankings, posting an impressive score of 98.37 to top the national table.The latest performance results show strong competition among districts and municipalities, with urb

Ultimate Uganda