Nationwide, which has more than 16 million customers, has urged caution for anyone considering applying for a credit card. The message also urges people who have a credit card to be careful, as some may not think about the risks.The building society advises "before you increase your credit
Ms Finah Atlist arrives at the Grade One Magistrates Court in Makindye, Kampala on June 11, 2026. PHOTO/MICHAEL KAKUMIRIZIA Kampala court has sentenced a 31-year-old businesswoman to a fine of Shs 100,000 or two months in prison for unlawfully obtaining and disclosing a client’s personal
The High Court has found that the actions of senior police officers SP Edina Nyiraneza, SP Atamba Phoebe, and Cpl Richard Wandeya violated the fundamental rights of two applicants, awarding them a total of Shs 80 million in damages. Justice Stephen Mubiru delivered the ruling on June 8, 2026, in
Finance Ministry PSST Ramathan Ggoobi identifies the ATMS sectors as the primary engines for Uganda’s economic growth and job creation over the next decade.KAMPALA, Uganda — Legal claims against the Ugandan government have increased sharply over the last three years, reaching 6.45 tril
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
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
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
Uganda’s income per person is projected to rise to USD 1,420 (about Shs5.1 million) in the current financial year, Finance Minister Henry Musasizi announced Thursday, a milestone that underscores the country’s steady economic expansion ahead of the anticipated oil era.Presenting the 20
Pearl Bank (formerly PostBank) has been ordered by the Industrial Court to pay Shs 78.9 million to a senior manager it unfairly and unlawfully dismissed nine years ago.Paul Ndhego joined PostBank in May 2009 as a branch manager before rising through several positions. By December 2012, he
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
