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Government rallies Pearl Bank to take on foreign banks after Shs47bn profit surge

Government rallies Pearl Bank to take on foreign banks after Shs47bn profit surge

State Minister for Investment and Privatisation Evelyn Anite said Pearl Bank now has the opportunity to expand beyond Uganda and position itself as a serious regional competitor.Pearl Bank’s profits rose 34 percent to Shs47.3 billion in 2025.Minister Evelyn Anite urged the bank to

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Political Commentator Hints at Inside Job After Intruders Spend Hours Inside Bank of Uganda Without Detection

Political Commentator Hints at Inside Job After Intruders Spend Hours Inside Bank of Uganda Without Detection

A reported break-in at the Bank of Uganda headquarters in Kampala has triggered sharp criticism and renewed scrutiny over the security of one of the country’s most heavily guarded institutions.Authorities confirmed that unknown individuals gained access to the central bank premises durin

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Govt to roll out e-recruitment to curb bribery in recruitment

Govt to roll out e-recruitment to curb bribery in recruitment

The Government is set to introduce a new online system for recruiting civil servants, in a move aimed at ending corruption and bribery in the recruitment process that has affected many job seekers across the country.The State Minister for Public Service, Ms Grace Mary Mugasa, said the new

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Shock as thugs break into Bank of Uganda, steal key equipment

Shock as thugs break into Bank of Uganda, steal key equipment

Preliminary investigations indicate that the suspects struck in the early hours of Monday, gaining access through a gate opposite City Square before entering the bank’s commercial offices, where they reportedly spent nearly three hours undetected.Bank of Uganda headquarters in Kampala (P

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LIST: Names of MPs Who Signed Protection of Sovereignty Bill after Heated Munyonyo Retreat

LIST: Names of MPs Who Signed Protection of Sovereignty Bill after Heated Munyonyo Retreat

In mid-April this year, MPs heard the Protection of Sovereignty Bill 2026 read for the first time under Rule 135 (1) of the Rules of Procedure of Parliament.The drafters of the Protection of Sovereignty Bill 2026 intended to enact a law that seeks to provide for the protection of the sover

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VIDEO: Sovereignty Bill Drama as MPs Nearly Punch Each Other During Special Joint Committee Meeting in Munyonyo Hotel

VIDEO: Sovereignty Bill Drama as MPs Nearly Punch Each Other During Special Joint Committee Meeting in Munyonyo Hotel

There was some Sovereignty Bill drama as MPs nearly punched each other during special joint committee meeting in a Munyonyo hotel, according to reports.A joint Committee comprising the Committee on Defence and Internal Affairs and the Committee on Legal and Parliamentary Affairs is handlin

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Mayiga Urges Release of Political Prisoners, Blames Election Violence on Institutional Failures

Mayiga Urges Release of Political Prisoners, Blames Election Violence on Institutional Failures

Speaking during the State of Buganda Address at a sitting of the Lukiiko in Kampala, Mayiga emphasized the need for justice, accountability, and strict adherence to legal procedures in handling politically sensitive detentions.The Katikkiro of Buganda, Charles Peter Mayiga, has called on t

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New Cabinet! Intelligence Tells Gen. Museveni To Create Diaspora Ministry To Operationalize The ‘Sovereignty Law’

New Cabinet! Intelligence Tells Gen. Museveni To Create Diaspora Ministry To Operationalize The ‘Sovereignty Law’

President Museveni is weighing between creating a full-fledged Ministry for Diaspora affairs or elevate the current Diaspora desk within the Ministry for Foreign Affairs to a Presidential Diaspora Commission.This news site understands that, the President is being requested to either create

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Ssekandi Pushes Vocational Dream for Masaka as Oscar Mutebi Quietly Powers the Groundwork for Transformation

Ssekandi Pushes Vocational Dream for Masaka as Oscar Mutebi Quietly Powers the Groundwork for Transformation

Special Envoy on Political Affairs to President Yoweri Kaguta Museveni, Edward Kiwanuka Ssekandi, has renewed his push for the establishment of a vocational institute in Rural Masaka District, presenting it as a strategic gateway to unlocking youth employment, industrial growth, and agro-processi

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Swearing-In Without Proof: Where Are the DR Forms?

Swearing-In Without Proof: Where Are the DR Forms?

visit to the EC’s official website still displays election results from 1996 to 2021, with nothing for 2026Ugandans are once again confronted with a troubling question: where are the Declaration of Results (DR) Forms that validate the outcome of the January 15, 2026 presidential election

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