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M7 Govt Parts with Billions to Buy Out Magic Parking Owner, Newly-Acquired Land to be Used to Expand Ministry of Foreign Affairs (MoFA) Headquarters

M7 Govt Parts with Billions to Buy Out Magic Parking Owner, Newly-Acquired Land to be Used to Expand Ministry of Foreign Affairs (MoFA) Headquarters

For many years, Kampala tycoon Mbaba, who is synonymous with the list of wealthy Baganda with lots of ‘old money,’ has owned and operated Magic Car Parking, which is one of the most famous ones in Uganda’s capital.Located on the large vacant plot of land lying between Theatre Labonit

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Man Utd can land £80m transfer boost this weekend as Real Madrid set to issue major update

Man Utd can land £80m transfer boost this weekend as Real Madrid set to issue major update

Mateus Fernandes' transfer destiny could hinge on events this weekend as Manchester United monitor the outcome of Real Madrid's presidential election. The result of that ballot could prove decisive in establishing whether or not Los Blancos enter the running for the West Ham star.Fernandes

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Uganda’s Largest Banks by Assets: Stanbic, Centenary Lead As Industry Assets Hit Shs61.6 Trillion

Uganda’s Largest Banks by Assets: Stanbic, Centenary Lead As Industry Assets Hit Shs61.6 Trillion

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

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Uganda Martyrs were traitors, says Mayiga

Uganda Martyrs were traitors, says Mayiga

One of the key events on Uganda’s religious calendar is the Martyrs Day celebrated every June 3 to honour the lives and sacrifices of 45 men who, rather than follow edicts of then Buganda King Mwanga II, elected to die for their faith as new Christian converts.Whereas the martyrs were su

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BoU limits daily cash withdrawals for individuals to Shs50m

BoU limits daily cash withdrawals for individuals to Shs50m

Twinemanzi Tumubweine, Bank of Uganda Executive Director of National Payment Systems.Overview:The new measures, which take effect on January 1, 2027, are expected to reshape how businesses and consumers move money through the banking system.KAMPALA — The Bank of Uganda (BoU

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Govt to save Shs24b in holiday spending cuts

Govt to save Shs24b in holiday spending cuts

The government expects to save about Shs24 billion annually after suspending funding for national public holiday celebrations beginning Financial Year (FY)2026/2027, the Ministry of Finance has said.The move is part of the government’s Rationalisation of Government Agencies and Public Ex

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Uganda’s betting companies withhold Shs 2.6bn in winning claims

Uganda’s betting companies withhold Shs 2.6bn in winning claims

Lotteries and gaming operators in Uganda withheld at least Shs 2.6 billion in winning claims from 125 players in the current financial year.According to the National Lotteries and Gaming Regulatory Board (NLGRB), the complainants petitioned the regulator after their purported winnings were

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Legendary singer Master Parrot killed in Northern Bypass accident

Legendary singer Master Parrot killed in Northern Bypass accident

The musician was knocked by a speeding motorcycle while attempting to cross the bypass on Monday evening. He reportedly died on the spot.Veteran Ugandan singer Master Parrot has reportedly died after a road accident along the Northern Bypass in Masanafu, Kampala.According to informa

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Stakeholders set priorities for Busoga’s five newly appointed ministers

Stakeholders set priorities for Busoga’s five newly appointed ministers

The appointment of five ministers from the Busoga sub-region to Uganda’s new Cabinet has sparked optimism and heightened expectations among residents and leaders, who are now demanding greater focus on youth employment, infrastructure development, education, agriculture and the recovery of Buso

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Kadaga Returns to Parliament After Years Away From Among-Led House

Kadaga Returns to Parliament After Years Away From Among-Led House

KAMPALA — Former Speaker and First Deputy Prime Minister Rebecca Kadaga made a notable return to Parliament on Thursday, ending a prolonged absence from sittings of the 11th Parliament that was presided over by her longtime political rival, Anita Annet Among.Kadaga took her seat on the g

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