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Equity Group posts Shs 433.2bn profit

Equity Group posts Shs 433.2bn profit

L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event.The lender

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Umeme to Seek Arbitration in London Over Shs 10.62tn Claim Against Uganda Govt

Umeme to Seek Arbitration in London Over Shs 10.62tn Claim Against Uganda Govt

Ugandan electricity distributor Umeme Limited has announced its intention to pursue international arbitration to recover a disputed sum of Shs.1.062tn from the Government of Uganda. The move follows unsuccessful negotiations regarding the final buyout amount after the conclusion of Umeme's conces

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Traffic Police Halts Express Fines to Allow Driver Education on New Road Laws

Traffic Police Halts Express Fines to Allow Driver Education on New Road Laws

The Directorate of Traffic and Road Safety has temporarily suspended the issuance of fines under new traffic regulations, citing the need to educate motorists before full enforcement resumes.The announcement was made by Assistant Inspector General of Police (AIGP) Lawrence

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How Mobile Phones Changed The Way People Relax

How Mobile Phones Changed The Way People Relax

If you looked at the way we relaxed ten years ago, you’d see that our habits have very much changed as of late. Not too long ago, relaxing after a long day in Uganda meant catching a radio show, chatting on the veranda, and playing out in the garden with friends. Look at today, however, and the

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Why getting married abroad could land you with a HUGE bill from the taxman

Why getting married abroad could land you with a HUGE bill from the taxman

Couples marrying abroad could be landed with a huge inheritance tax bill if their foreign wedding is not legally binding, a husband and wife have warned.Antonia Medlicott, 49, and Tim Pindar, 44, tied the knot in 2009 in the wedding of their dreams in&nbs

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Housing Finance Bank Scoops Awards for Backing Farmers and Small Businesses

Housing Finance Bank Scoops Awards for Backing Farmers and Small Businesses

Housing Finance Bank has won two national awards for its outstanding efforts in boosting agricultural productivity and supporting Uganda’s small businesses to recover from recent economic shocks.The accolades — the Agricultural Credit Facility (ACF) Award and the Small

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Lyantondo Hosts Prayers Ahead of Heroes Day Celebrations

Lyantondo Hosts Prayers Ahead of Heroes Day Celebrations

As Uganda prepares to mark the 2025 Heroes Day, the district of Lyantonde came alive with emotion and reverence during a special prayer gathering held at Kaliiro Technical Institute on Friday.The prayers, organized to honor the memory and sacrifices of Uganda’s fallen heroes, brought tog

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Museveni Signs Sugarcane Amendment into Law

Museveni Signs Sugarcane Amendment into Law

President Museveni has signed the Sugarcane (Amendment) Act into law, promising renewed support for both sugarcane farmers and millers and reaffirming government’s role in reforming the agricultural sector.The President commended the Speaker and Deputy Speaker of Parliament for what he c

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Diamond Platnumz Demanded Over 200M for a Music Video - Spice Diana

Diamond Platnumz Demanded Over 200M for a Music Video - Spice Diana

Musician Spice Diana, over five years ago, spoke about working on a music project with Diamond Platnumz.However, that dream hasn't been realized to this day, and Spice Diana blames it on the high costs of video production.The singer explained that

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Absa Seeks to Boost Digital Payment With New Shs200M Cards Rewards Campaign

Absa Seeks to Boost Digital Payment With New Shs200M Cards Rewards Campaign

Absa Bank Uganda has launched a new customer campaign, Play Your Cards Right, which will reward 14 lucky winners with cash prizes totaling shs200 million.Running from June to August 2025, the campaign is open to all Absa debit and credit cardholders, bothpersonal and business, local

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