Search Results

Uganda’s Largest Banks by Assets: Stanbic, Centenary Lead As Industry Assets Hit Shs61.6 Trillion

Uganda’s Largest Banks by Assets: Stanbic, Centenary Lead As Industry Assets Hit Shs61.6 Trillion

Uganda’s banking sector recorded strong growth in 2025, with total industry assets rising to Shs61.59 trillion from Shs53.12 trillion in 2024, according to an analysis of audited financial results by Business Focus.The results show that a handful of banks continue to dominate the industr

Ultimate Uganda

Elderly Man Strangled to Death, Son Survives Attack in Kanungu

Elderly Man Strangled to Death, Son Survives Attack in Kanungu

Police in Kanungu District are investigating the killing of an 83-year-old man who was strangled to death by unknown assailants, while his son survived a brutal attack at their home in Butogota Town Council.The deceased has been identified as Joseph Rwakaremera, a resident of Kebiremo Vill

Ultimate Uganda

Demolition of roadside businesses wipes out revenues, shatters dreams

Demolition of roadside businesses wipes out revenues, shatters dreams

The morning sun burns through the dusty roadside of Bulindo and Kitukutwe, falling on broken timber, bent iron sheets and torn tarpaulins scattered where small kiosks once stood.A place that was once filled with the smell of frying chapati, boiling tea, laughter from customers and women ca

Ultimate Uganda

Besigye accusers to testify in open court

Besigye accusers to testify in open court

L-R: Captain Denis Oola, Dr Kizza Besigye, and Obeid LutaleLast week inside Uganda’s courtrooms, justice unfolded in dramatically different ways.In one courtroom, appellate judges confirmed a prison sentence for a man convicted of rape more than a decade ago, bringing a long and p

Ultimate Uganda

Shs26.5 Billion CCTV Contract Sparks Major Corruption Investigation in Uganda

Shs26.5 Billion CCTV Contract Sparks Major Corruption Investigation in Uganda

major corruption investigation has been launched into a Shs26.586 billion contract for the maintenance of Uganda’s national CCTV surveillance system. New documents have revealed how the contract was awarded, how the money was planned to be used, and the growing concerns surrounding its implemen

Ultimate Uganda

Government Rolls Out Centralized Procurement for Common User Items to Curb Waste and Corruption

Government Rolls Out Centralized Procurement for Common User Items to Curb Waste and Corruption

KAMPALA — In a sweeping bid to plug massive financial leaks and dismantle deeply entrenched syndicates, the Ministry of Finance, Planning, and Economic Development has announced a major procurement reform. Starting July 1, 2026, all Government Ministries, Departments, Agencies (MDAs), and Local

Ultimate Uganda

Man Utd 'target shock Hayden Hackney deal' with Michael Carrick pushing for Middlesbrough star

Man Utd 'target shock Hayden Hackney deal' with Michael Carrick pushing for Middlesbrough star

Manchester United have joined the queue of clubs pursuing Hayden Hackney this summer with Michael Carrick said to be driving a move for the sought-after Middlesbrough midfielder.Hackney is widely regarded as one of the best players outside the Premier League and was influential in driving

Ultimate Uganda

Govt accused of ‘drops in ocean’ as OPM disburses Shs2.8b out of Shs80b cattle restocking fund

Govt accused of ‘drops in ocean’ as OPM disburses Shs2.8b out of Shs80b cattle restocking fund

The Office of the Prime Minister (OPM) has commenced the disbursement of Shs2.8 billion under the long-awaited Shs80 billion national cattle restocking programme. However, the intervention has faced immediate scrutiny, with critics and local leaders describing it as a "drop in the ocean" g

Ultimate Uganda

Bushenyi Man Found Dead After Reportedly Leaving Home at Night

Bushenyi Man Found Dead After Reportedly Leaving Home at Night

Police in Bushenyi District are investigating the death of a 32-year-old man who was found hanging in a coffee plantation after leaving his home in the early hours of Saturday, with preliminary findings indicating he had a history of mental health challenges.A 32-year-old man has been foun

Ultimate Uganda

Abducted school director’s wife dumped near home

Abducted school director’s wife dumped near home

The wife of a school director in Njeru Municipality, Buikwe District, who was abducted by unidentified armed men, was on Saturday night dumped near her home after nearly three days incommunicado.Mr Bosses Taremwa, the husband of the victim, confirmed that his wife, Ms Mollette Komugisha, w

Ultimate Uganda