Search Results

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

Ultimate Uganda

Govt Moves to License Starlink to Cut Internet Costs

Govt Moves to License Starlink to Cut Internet Costs

Government is edging closer to granting an operating licence to Starlink, the satellite broadband venture backed by Elon Musk, as part of efforts to widen internet access and ease connectivity costs.ICT and National Guidance minister Chris Baryomunsi said discussions with the company are a

Ultimate Uganda

Ugandan civil society denounces ‘foreign agents’ bill

Ugandan civil society denounces ‘foreign agents’ bill

At a press conference, former cabinet minister Miria Matembe condemned the speed at which the controversial legislation is being pushed forward.“I have never seen such a controversial, widely controversial, rejected bill being rushed to be debated within two days… And you bring a bill

Ultimate Uganda

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

Ultimate Uganda

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

Ultimate Uganda

Govt launches electric buses in Kampala with plans to extend across 14 cities

Govt launches electric buses in Kampala with plans to extend across 14 cities

Ministers Monica Musenero (L) and Katumba Wamala (R) flagging off an electric bus for Kampala at Kololo on Saturday. PHOTO | MIKE SEBALUThe government will on Thursday officially introduce electric buses across different routes within Kampala City, the Ministry of Science and Technology a

Ultimate Uganda

200,000 jobs in offing as Kapeeka Industrial Park undergoes major transformation

200,000 jobs in offing as Kapeeka Industrial Park undergoes major transformation

The Uganda Investment Authority (UIA) has announced plans to transform Kapeeka Industrial Park, in Nakaseke district, into a one-stop centre and a district industrial hub.Established 20 years ago as Liao Shen Industrial Park, the facility boasts 34 factories of the total 80 target and has

Ultimate Uganda

Sovereignty Bill undermines responses to refugees' welfare, West Nile leaders say

Sovereignty Bill undermines responses to refugees' welfare, West Nile leaders say

Refugee-hosting communities have raised concerns, warning that the newly proposed Protection Sovereignty Bill could frustrate humanitarian responses to the needs of refugees.Leaders in the area say Uganda's larger sections rely on external support, especially in matters related to the welf

Ultimate Uganda

Devon Petroleum enter Uganda’s competitive fuel market with expansion plans and retail push

Devon Petroleum enter Uganda’s competitive fuel market with expansion plans and retail push

Kampala, Uganda | THE INDEPENDENT | Devon Petroleum SMC LTD has officially entered Uganda’s downstream petroleum sector with the launch of six fuel stations, positioning itself to compete in an increasingly crowded market where oil marketers are racing to expand retail networks, strengthen cust

Ultimate Uganda

Cocoland Farm Resort Unveiled: Kawempe South MP Kazibwe Bashir Mbaziira Launches Transformative Agro-Tourism Project in Buikwe

Cocoland Farm Resort Unveiled: Kawempe South MP Kazibwe Bashir Mbaziira Launches Transformative Agro-Tourism Project in Buikwe

Hajji Kazibwe Bashir Mbaziira officially unveils Cocoland Farm Resort during the grand launch ceremony in Buikwe District.In a vibrant celebration of innovation, investment, and community transformation, Hajji Kazibwe Bashir Mbaziira, Member of Parliament for Kawempe South, officially unve

Ultimate Uganda