Business •
02 May '26
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
Business •
01 May '26
The directive is expected to significantly affect traders and small business operators currently occupying the lock-ups, although the council is yet to outline a clear framework on how the reclaimed spaces will be reallocated or managed.Local Government Minister Raphael Magyezi inspecting
Business •
01 May '26
Government through the Ministry of Lands, Housing, and Urban Development (MLHUD), is pushing for suspension of conversion of government land from leasehold to freehold tenure.The revelation comes after Uganda Land Commission (ULC) chairperson Prof. Nyeko Pen-Mogi sounded an alarm to the la
Business •
28 Apr '26
Residents and local leaders in Kafunjo–Mirama Town Council are raising concern over a surge in livestock theft, following the arrest of a woman found in possession of suspected stolen goats.Rosemary Atuhaire, a resident of Rwabareba Cell, was discovered on Saturday night with 14 goats be
Business •
27 Apr '26
Shs2.6 billion school project in Tororo has stalled despite extensions and added funding, prompting a contractor change and renewed scrutiny of procurement practices, contractor capacity, and accountability in public infrastructure delivery.Construction of Aturukuku Seed Secondary School i
Business •
27 Apr '26
Reports of Kyanja Airbnb ‘Leaked Videos’ have sparked concern on hidden cameras and privacy in Kampala and Uganda’s fast-growing short-stay accommodation sector.The controversy, largely driven by social media reports, centers on claims that some guests were secretly recorded inside r
Business •
27 Apr '26
nurse working in the United States has revealed how she managed to build a home worth about Shs 320 million (approximately $625,000) in Ohio after years of disciplined saving, long working hours, and strict financial sacrifices.She says her journey from a crowded rental unit to homeownersh
Business •
27 Apr '26
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
Business •
27 Apr '26
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
Business •
26 Apr '26
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.