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Silenced markets: Street traders count losses after city evictions

Silenced markets: Street traders count losses after city evictions

dawn, the usual bustle of business across Uganda’s blossoming cities and towns is missing.Where voices once competed with the clatter of weighing scales and the bargaining cries of customers, there is now an edgy silence.Piles of empty wooden stalls still lie broken, some reduced

Ultimate Uganda

Ntungamo Traders Relieved as Government Halts Demolition of Illegal Structures

Ntungamo Traders Relieved as Government Halts Demolition of Illegal Structures

Traders across several town councils in Ntungamo District have expressed relief after government halted the demolition of temporary and unapproved structures, bringing a pause to an enforcement exercise that had already caused extensive damage in some areas.In Ntungamo Municipality and par

Ultimate Uganda

Housing Finance Bank’s net profit up 20% to Shs 85.4 billion

Housing Finance Bank’s net profit up 20% to Shs 85.4 billion

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

Ultimate Uganda

Govt probes fuel hoarding as pumps run dry despite ‘sufficient’ stocks

Govt probes fuel hoarding as pumps run dry despite ‘sufficient’ stocks

Government has launched investigations into Oil Marketing Companies suspected of hoarding fuel and charging exorbitant prices, even as officials insist national stocks remain sufficient.The move follows mounting public complaints of dry pumps, rationing, and selective selling at petrol sta

Ultimate Uganda

Bruno Fernandes issues apology as Arsenal 'open talks' with Man Utd transfer target

Bruno Fernandes issues apology as Arsenal 'open talks' with Man Utd transfer target

Manchester United are edging closer to fulfilling one of their primary objectives from the start of the Premier League campaign - securing a return to the Champions League. Michael Carrick's side occupy third position in the table with five fixtures remaining. This season, the top five clubs are

Ultimate Uganda

Singer Kin Bella’s sister dies in car crash

Singer Kin Bella’s sister dies in car crash

Singer Kin Bella has shared the devastating news of losing her younger sister, opening up about the painful moment her world changed.In an emotional post on TikTok, the singer revealed that she received the heartbreaking call while in the middle of an interview at Galaxy TV/FM, an experien

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US cancels Iran peace talks, protests erupt in Tel Aviv

US cancels Iran peace talks, protests erupt in Tel Aviv

Protests broke out in Tel Aviv after the US canceled peace talks with Iran in Islamabad, and the Polymarket contract for Iran’s regime fall by April 30 dropped to 0.4% YES, down from 1% a day ago.Market reactionThe cancellation has traders adjusting expectations. The Iranian regim

Ultimate Uganda

Panic as Supreme Court Revisits Justice Dollo’s Settlement Agreement on Dr. Kasasa’s Multibillion Mutungo Hill Land

Panic as Supreme Court Revisits Justice Dollo’s Settlement Agreement on Dr. Kasasa’s Multibillion Mutungo Hill Land

Five Supreme Court justices, led by Justice Percy Night Tuhaise, alongside Justices Christopher Madrama, Catherine Bamugemereire, Mike Chibita, and Monica Mugenyi, are reviewing a settlement agreement mediated by former Chief Justice Owiny-Dollo concerning the multibillion-shilling estate of Dr.

Ultimate Uganda

Pearl Bank Unveils Kololo Headquarters as Rebrand Signals Strategic Shift

Pearl Bank Unveils Kololo Headquarters as Rebrand Signals Strategic Shift

Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank

Ultimate Uganda

Pearl Bank Unveils Kololo Headquarters as Rebrand Signals Strategic Shift

Pearl Bank Unveils Kololo Headquarters as Rebrand Signals Strategic Shift

Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank

Ultimate Uganda