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
Mobile money has become one of the biggest sources of borrowing in Uganda, with millions of people now relying on their phones for quick loans instead of traditional banks.In 2025 alone, Ugandans borrowed at least Shs2.75 trillion through mobile money platforms, highlighting how digital le
A bombshell leaked board resolution from Stanbic Bank Uganda has laid bare the real reasons behind the dramatic exit of CEO Anne Juuko in 2024 and it’s not the rosy “promotion” story that was sold to the public.Kampala was left buzzing, boardrooms kept whispering, and the truth is fi
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
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
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
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
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
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
Several vendors operating along Tororo–Busia Road at Corner Junction have been left searching for alternative business space after Tororo Municipality and Osukuru Town Council enforced a trade order to clear roadside traders.The eviction follows a seven-day ultimatum issued to traders op
