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
Government has launched investigations into Oil Marketing Companies suspected of hoarding fuel and charging exorbitant prices, even as officials insist national stocks remain sufficient.The move follows mounting public complaints of dry pumps, rationing, and selective selling at petrol sta
On this day in 1999, Hajj Musa Sebirumbi was executed by hanging at Luzira Upper Prison after being convicted of multiple counts of murder, in one of Uganda’s most prominent post-war prosecutions tied to the Luweero Triangle conflict.Sebirumbi, a former Uganda People’s Congress (UPC) c
KAMPALA — As debate surrounding Uganda’s proposed National Sovereignty Bill gains momentum, fresh concerns are emerging over the low level of public awareness, with critics warning that many citizens remain dangerously disconnected from a process that could directly reshape their lives.
Police in Kanungu District are investigating the death of a boda boda rider whose body was recovered from Kiruruma River after a suspected night accident, with concerns raised over a collapsed bridge that had not yet been repaired.Police in Kanungu District are investigating the death of a
Motorists and boda boda riders in Mbarara are grappling with rising fuel prices and supply shortages, triggering long queues, fears of fare hikes, and wider economic strain as several stations run out of stock.Hundreds of motorists and cyclists on Saturday crowded Shell Ankole in Mbarara C
Centenary Bank’s top leadership (L–R): Chairman Gustavo Bwoch, Managing Director Fabian Kasi, Executive Director, Business Joseph Balikuddembe, and Executive Director, Operations Michael Opira. The bank is resetting its executive leadership through a dual-Executive Director structure aimed at
Following the recent burial of Kalangala District Woman MP Hellen Nakimuli, the parliamentary seat now stands vacant, awaiting an official announcement of the by-election roadmap. While authorities have yet to release details, early indications suggest that Eng. Marriam Balunga is positioning her
Uganda is edging closer to its first commercial oil production, with sector readiness now at 99 per cent following a high-stakes emergency drill conducted by China National Offshore Oil Corporation (CNOOC).The government has set July as the target for first oil, marking the country’s lon
As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of contradiction in the global energy narrative.On one hand, the world is accelerating towards a low-carbon future, with growing consensus on the need to scale up renewable energy.On the other h
