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Government rallies Pearl Bank to take on foreign banks after Shs47bn profit surge

Government rallies Pearl Bank to take on foreign banks after Shs47bn profit surge

State Minister for Investment and Privatisation Evelyn Anite said Pearl Bank now has the opportunity to expand beyond Uganda and position itself as a serious regional competitor.Pearl Bank’s profits rose 34 percent to Shs47.3 billion in 2025.Minister Evelyn Anite urged the bank to

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AGAIN! Some Opposition MPs Given Shs100m Each to Vote Yes for Sovereignty Bill — Reports

AGAIN! Some Opposition MPs Given Shs100m Each to Vote Yes for Sovereignty Bill — Reports

Some opposition MPs were given Shs100m each to vote Yes for Sovereignty Bill, reports have emerged on the day Parliament is preparing to vote on the contentious piece of legislation. Uganda’s Protection of Sovereignty Bill, 2026, which was tabled in April 2026, is presented by the govern

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Shock as thugs break into Bank of Uganda, steal key equipment

Shock as thugs break into Bank of Uganda, steal key equipment

Preliminary investigations indicate that the suspects struck in the early hours of Monday, gaining access through a gate opposite City Square before entering the bank’s commercial offices, where they reportedly spent nearly three hours undetected.Bank of Uganda headquarters in Kampala (P

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LIST: Names of MPs Who Signed Protection of Sovereignty Bill after Heated Munyonyo Retreat

LIST: Names of MPs Who Signed Protection of Sovereignty Bill after Heated Munyonyo Retreat

In mid-April this year, MPs heard the Protection of Sovereignty Bill 2026 read for the first time under Rule 135 (1) of the Rules of Procedure of Parliament.The drafters of the Protection of Sovereignty Bill 2026 intended to enact a law that seeks to provide for the protection of the sover

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Dozens Arrested in Security Operation in Central Kampala

Dozens Arrested in Security Operation in Central Kampala

Security forces have arrested dozens of suspects in a coordinated crackdown on alleged stolen mobile phone networks, targeting major commercial buildings in central Kampala including Mutaasa Kafeero Plaza, City House, and Kalungi Plaza.Security forces have arrested dozens of suspects durin

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Seven killed in separate accidents on major highways

Seven killed in separate accidents on major highways

Uganda’s road safety crisis remains a major concern, as recent incidents highlight the growing danger on its roads. In separate crashes, six people died, and several others were injured on the Pakwach–Olwiyo–Karuma highway. Hours later, another person was killed on the Mbarara–Bushenyi ro

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PHILIP KARUGABA: Why The Sovereignty Bill Must Be Withdrawn

PHILIP KARUGABA: Why The Sovereignty Bill Must Be Withdrawn

There is an unwritten rule, supported by parliamentary precedent, that where substantial amendments are made to a Bill, that Bill must be withdrawn, redrafted, re-gazetted and reintroduced to Parliament at first reading.The rationale for this rule is that the Bill is no longer that which w

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Alexander Isak injured AGAIN as Liverpool striker to miss Man Utd clash

Alexander Isak injured AGAIN as Liverpool striker to miss Man Utd clash

Liverpool have been dealt a massive blow ahead of their crucial trip to Old Trafford as Alexander Isak has been ruled out of the clash against Manchester United. The Swedish international is set to miss the showdown after picking up a groin strain in training, leaving Arne Slot with a major selec

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EMBASSY IN CHAOS! Missing Assets, Huge Debts, Zero Performance Score & Idle Diplomacy Rock Uganda’s Brussels Mission

EMBASSY IN CHAOS! Missing Assets, Huge Debts, Zero Performance Score & Idle Diplomacy Rock Uganda’s Brussels Mission

Uganda’s Embassy in Brussels, the very face of the country in Europe’s diplomatic heartland, is now at the center of a storm after explosive findings exposed a trail of mismanagement, poor planning, and operational paralysis that has left critical functions crippled under the watch of Mirjam

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Sugarcane farmers decry market crisis as factory plan stalls over license

Sugarcane farmers decry market crisis as factory plan stalls over license

Sugarcane farmers and leaders across Kagadi, Kibaale, and Kakumiro districts in Greater Kibaale, Bunyoro sub-region, are increasingly frustrated as continued delays in licensing a proposed sugar factory threaten their livelihoods.Many are reporting heavy losses due to limited market access

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