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Stanbic Uganda boss Karuhanga exits on Shs591bn profit high

Stanbic Uganda boss Karuhanga exits on Shs591bn profit high

Strong capital ratios and a Shs591 billion profit anchor Stanbic Uganda as Chief Executive Francis Karuhanga transitions to Standard Bank Group regional leadership.KAMPALA, Uganda — Outgoing Stanbic Uganda Holdings Limited Chief Executive Francis Karuhanga is handing over a robust balanc

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Oil pipeline layoffs signal job cuts surge in sector

Oil pipeline layoffs signal job cuts surge in sector

As construction of the East African Crude Oil Pipeline (EACOP) nears completion, the project company has initiated mass layoffs in Uganda and Tanzania, triggering anxiety among section of staff. The move has also stoked claims of discrimination amid claims of retention of majorly expatriat

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Money Was There but You Failed! Jacob Oboth Oboth Blasts Predecessors over Stalled Parliament Building, Redirects Speaker’s Office Budget

Money Was There but You Failed! Jacob Oboth Oboth Blasts Predecessors over Stalled Parliament Building, Redirects Speaker’s Office Budget

Oboth Oboth reiterated pledges from his maiden address, declaring “zero tolerance to corruption” and stating, “I have no monies to recover because I didn’t spend [on speaker election campaigns].”He called for a “factory reset” of Parliament — strengthening committee oversig

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MISSING POLICE PRADOs SCANDAL! Top Police Bosses Probed Over ‘Ghost’ Sh5bn Vehicle Procurement Deal

MISSING POLICE PRADOs SCANDAL! Top Police Bosses Probed Over ‘Ghost’ Sh5bn Vehicle Procurement Deal

Several senior cops, some at the level of directors within the Uganda Police Force, are not happy after missing out on vehicles that were allegedly procured for their directorates, Red Pepper has exclusively learnt.Highly placed sources told Red Pepper that between 2021 and 2024, the Ugand

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Govt Allocates Shs2.26 Trillion to Agro-Industrialisation in Largest-Ever Agriculture Investment

Govt Allocates Shs2.26 Trillion to Agro-Industrialisation in Largest-Ever Agriculture Investment

The government has earmarked Shs2.26 trillion for agro-industrialisation in the 2026/27 financial year, targeting irrigation, value addition, agro-processing and agricultural research as part of efforts to transform Uganda’s agriculture sector into a more commercial and export-driven engine of

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First Oil Revenue Set to Enter 2026/2027 Budget as Sector Begins Paying Its Way

First Oil Revenue Set to Enter 2026/2027 Budget as Sector Begins Paying Its Way

When the Minister of Finance, Henry Musasizi, presents the 84.3 trillion shillings budget for the 2026/27 financial year on Thursday, one figure will stand out among the revenue projections. The budget comes at a time when policymakers are positioning mineral resources, especially oil and gas, as

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How Uganda’s First Oil Dream Evaded 5 Energy, 4 Finance Ministers

How Uganda’s First Oil Dream Evaded 5 Energy, 4 Finance Ministers

Former Minister Muloni (C) flanked by Ernest Rubondo (L), the head of Petroleum Authority of Uganda. Former Energy Minister, Irene Muloni (C) flanked by Ernest Rubondo (L), the head of Petroleum Authority of Uganda.Uganda’s oil journey has been defined less by extraction than by

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Violent crimes continue to unsettle Ugandans

Violent crimes continue to unsettle Ugandans

The killing of Rugby Cranes player Sydney Gongodyo by a mob in Kira in Kampala on Friday has renewed concerns about public safety and the growing incidence of mob justice amid reports of murder, robbery and theft in different parts of the country.Gongodyo, 27, was allegedly attacked by an

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LG PS Kumumanya’s Anti-Corruption Push: What Every District Public Servant Must Understand

LG PS Kumumanya’s Anti-Corruption Push: What Every District Public Servant Must Understand

KAMPALA, UGANDA — Corruption remains one of the most persistent threats to effective governance, service delivery, and national development in Uganda. It undermines public trust, drains government resources, and compromises projects intended to improve citizens’ welfare. Over the past 26 year

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PDM Boosts Household Incomes as Ntungamo Farmers Scale Coffee and Piggery Enterprises

PDM Boosts Household Incomes as Ntungamo Farmers Scale Coffee and Piggery Enterprises

The Parish Development Model is steadily reshaping rural livelihoods in Ntungamo District, with Shs46.2 billion already disbursed to 129 parishes to support smallholder enterprises in piggery, coffee, and beans.District officials say the programme is translating into visible household inve

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