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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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The untold battle: Power struggles and fight over deals at UEDCL

The untold battle: Power struggles and fight over deals at UEDCL

man often meets his destiny on the road he took to avoid it,” the French poet Jean de La Fontaine famously said. The idea is that, despite one’s best efforts to avoid a certain path in life, they end up facing it anyway.That pretty much sums up Paul Mwesigwa’s one-year tenure as Mana

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How Mama Janet, John Byabagambi and Moses Kizige tied their hands off Karamoja items

How Mama Janet, John Byabagambi and Moses Kizige tied their hands off Karamoja items

The tears of the Karimojong people are always dangerous, especially when you disappoint them and they start crying while calling the names of those who have deprived them.During the time of the First Lady, Janet Museveni, as Minister for Karamoja Affairs, as a mother of Ugandans, she did e

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Court orders Anthony Natif to pay MUK lecturer Shs 75m in land dispute

Court orders Anthony Natif to pay MUK lecturer Shs 75m in land dispute

The ruling arose from a disagreement between Prof Narathius Asingwire and his wife Rovinia Asingwire on one side and Natif on the other over the sale of a piece of land in Kampala.Natif had agreed to buy land from the Asingwires at a total price of Shs 1.05 billion.According to the

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Approach made as Man Utd plot £78m double deal for TWO ex-Prem stars

Approach made as Man Utd plot £78m double deal for TWO ex-Prem stars

Manchester United could bring two players back to the Premier League as they seek reinforcements in central midfield and up front, according to reports.Man Utd will sign two midfielders this summer as Casemiro’s contract is ending and Manuel Ugarte is in line to be sold. United are also

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Jobs Are Available But Ugandans Are Asleep — Museveni

Jobs Are Available But Ugandans Are Asleep — Museveni

The President argues that underutilised land and poor planning—not a lack of opportunities—drive unemployment, even as new labour law reforms spark fresh debate over minimum wage and worker protections.President Museveni has said Uganda’s unemployment challenge stems less from a shor

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Gen Otema, wife lose defamation case against DFCU

Gen Otema, wife lose defamation case against DFCU

The High Court has dismissed a defamation case filed by Lt Gen Charles Otema Awany and his wife, Elizabeth, against DFCU Bank, after the bank advertised their properties for sale over an uncleared loan.The case dates back more than a decade to when the couple entered into a banking relatio

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Man Utd learn £92m transfer reality as Rasmus Hojlund's value soars again

Man Utd learn £92m transfer reality as Rasmus Hojlund's value soars again

Rasmus Hojlund's estimated worth has climbed to approximately £92million, though Manchester United are expected to sell him for considerably less. The Denmark international has spent the 2025/26 campaign on loan at Napoli, with a string of impressive displays substantially boosting his market st

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Centenary Bank makes hushed leadership changes

Centenary Bank makes hushed leadership changes

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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After 36 Years in Classroom, Retired Tororo Teacher Turns to Farming as Gratuity Delays Bite

After 36 Years in Classroom, Retired Tororo Teacher Turns to Farming as Gratuity Delays Bite

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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