Business •
18 May '26
The directive, issued by President Yoweri Kaguta Museveni, places the investigation into alleged corruption, unexplained wealth, and procurement irregularities at the center of what has now evolved into a high-stakes political and institutional inquiry affecting Parliament and its leadership circ
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11 May '26
The Commercial Division of the High Court has launched an intensive two-week mediation exercise targeting more than 320 banking and credit-related disputes, in a move aimed at reducing case backlog and unlocking billions of shillings tied up in prolonged litigation.The initiative, conducte
Business •
09 May '26
For years, Vincent Frerrio Bamungaki Sempijja (who personally mentored greats likes AIGP Andrew Felix Kaweesi) served as Masaka LC5 Chairman before moving on to become Kalungu East MP for two terms (2011-2021).In 2021, he was dethroned by NUP’s Francis Katongole Katabazi who rode on the
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06 May '26
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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02 May '26
Nottingham Forest winger Callum Hudson-Odoi has been ordered to pay more than £1,100 by a court after he was convicted of failing to tax his McLaren supercar.The 25-year-old Premier League star was prosecuted by the DVLA over the unpaid bill on his McLaren 765LT sports car. Court papers s
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02 May '26
Centenary Bank has pulled off a quiet boardroom coup, lining up long-serving executive Godfrey Byekwaso to take over as Managing Director while Fabian Kasi, the face of the lender for over a decade, prepares to step up and steer the wider Centenary Group. The planned handover, still uncon
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02 May '26
A veteran mathematics teacher who devoted over three decades to public service is now relying on subsistence farming to survive, as delays and alleged corruption stall access to his retirement benefits.For 36 years, Patrick Martin Wandyambi dedicated his life to teaching mathematics in gov
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01 May '26
President Museveni on Friday questioned the relevance of some university courses to Uganda’s labour market, urging young people to rethink career paths and pivot toward practical skills and job creation.Speaking during Labour Day celebrations in Buikwe District, Museveni criticized what
Business •
27 Apr '26
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
Business •
26 Apr '26
Centenary Bank’s top leadership (L–R): Chairman Gustavo Bwoch, Managing Director Fabian Kasi, Executive Director, Business Joseph Balikuddembe, and Executive Director, Operations Michael Opira. The bank is resetting its executive leadership through a dual-Executive Director structure aimed at