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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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High Court Halts Changes in UMSC Leadership Amid Legal Dispute

High Court Halts Changes in UMSC Leadership Amid Legal Dispute

The High Court in Kampala has issued an interim order directing all parties involved in a legal dispute concerning the Uganda Muslim Supreme Council (UMSC) to maintain the status quo pending the outcome of a judicial review.The order was granted on Monday by Justice Bernard Namanya during

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335 Nationals, Refugees Youth Gain Skills for Self-Reliance in Adjumani

335 Nationals, Refugees Youth Gain Skills for Self-Reliance in Adjumani

Adjumani District is witnessing a transformative wave as vocational training programs equip 335 nationals and refugee youth with practical skills, fostering self-reliance and economic empowerment.The beneficiaries have completed a three-month training in various vocational disciplines incl

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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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US to double tariffs on steel and aluminium imports to 50%, Trump says

US to double tariffs on steel and aluminium imports to 50%, Trump says

President Donald Trump has announced the US will double its current tariff rate on steel and aluminium imports from 25% to 50%, starting on Wednesday.Speaking at a rally in Pittsburgh, Pennsylvania, Trump said the move would help boost the local steel industry and national supply, while re

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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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Cristiano Ronaldo discovers his 'biological age' - and jokes he'll play for ANOTHER 10 years

Cristiano Ronaldo discovers his 'biological age' - and jokes he'll play for ANOTHER 10 years

Former Manchester United and Real Madrid star Cristiano Ronaldo is still going strong at the age of 40 and it appears that the Al-Nassr forward is not aiming to hang up his boots any time soonCristiano Ronaldo has scored 33 goals for Al-Nassr this seaso

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Govt Moves on Ishaka-Mbarara Repairs After Mounting Public Pressure Over ‘Killer Potholes’

Govt Moves on Ishaka-Mbarara Repairs After Mounting Public Pressure Over ‘Killer Potholes’

The Ministry of Works and Transport has announced that long-awaited maintenance of the Ishaka–Mbarara highway will commence before the end of the month, following sustained public outcry over the deteriorated state of the road and a petition threatening to block it.The h

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Leaders, Elders Clash Over Venue for Karamoja Cultural Event

Leaders, Elders Clash Over Venue for Karamoja Cultural Event

Tensions are mounting in Nakapiripirit District as elders and local leaders remain at odds over the venue for this year’s Karamoja Cultural Event, despite the district having already been confirmed as the official host.The annual event, slated for September 2025, is one of the most signi

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AGRA Rallies Local Investments for African Agricultural Transformation Amid Shifting Dev't Landscape

AGRA Rallies Local Investments for African Agricultural Transformation Amid Shifting Dev't Landscape

Agriculture development agency AGRA has reiterated its unwavering commitment to transforming African agriculture, emphasizing the need for enhanced investment in smallholder farmers against a backdrop of increasing global instability and evolving development support.The recent shift in glo

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