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Equity’s Best Year Ever: Profit Jumps 55%, Uganda Emerges Growth Star

Equity’s Best Year Ever: Profit Jumps 55%, Uganda Emerges Growth Star

Equity Group Holdings has posted the strongest financial performance in its history, reporting a record KSh75.5 billion (approximately UGX 2.15 trillion) profit after tax for the year ended December 2025, as regional subsidiaries, digital banking, and insurance operations powered a major growth s

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Mateus Fernandes cleared to LEAVE West Ham as Liverpool rival Man Utd for huge summer deal

Mateus Fernandes cleared to LEAVE West Ham as Liverpool rival Man Utd for huge summer deal

Liverpool and Manchester United are ready to do battle over West Ham star Mateus FernandesMateus Fernandes has been given the green light to leave West Ham this summer following discussions with the relegated Hammers, and while Manchester United are firmly in the race, Liverpool are closel

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Govt to save Shs24b in holiday spending cuts

Govt to save Shs24b in holiday spending cuts

The government expects to save about Shs24 billion annually after suspending funding for national public holiday celebrations beginning Financial Year (FY)2026/2027, the Ministry of Finance has said.The move is part of the government’s Rationalisation of Government Agencies and Public Ex

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Speaker budget grows seven times over six years

Speaker budget grows seven times over six years

Parliament Speaker Jacob Marksons Oboth (2nd right) leaves Parliament chambers after presiding over plenary session on May 28, 2026. PHOTO/ PARLIAMENT OF UGANDA X HANDLEThe budget of Parliament has within six years doubled to Shs1.2 trillion, despite the number of elected members of the Ho

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UCC Report: Mobile Money active users hit 36.7 million as Ugandans transact Shs2.37 billion in three months

UCC Report: Mobile Money active users hit 36.7 million as Ugandans transact Shs2.37 billion in three months

More Ugandans are using mobile money, but telecom companies earned less in the first three months of 2026.New figures from the Uganda Communications Commission, using data from Bank of Uganda, show active mobile money users climbed to 36.7 million between January and March.That’s

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Parliament throws out Muganga appointment as minister as he denies Rwanda citizenship

Parliament throws out Muganga appointment as minister as he denies Rwanda citizenship

The committee cited the Citizenship and Immigration Act which bars holders of dual citizenship from holding offices listed in the Fifth Schedule which includes the presidency, prime minister, cabinet and ministers of state.The Parliamentary Appointments Committee has rejected the appointme

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Museveni to Reshuffle Permanent Secretaries

Museveni to Reshuffle Permanent Secretaries

President Museveni is preparing a fresh round of changes in the public service, with several Permanent Secretaries expected to be reassigned or moved as part of a wider effort to align government implementation with the priorities of his newly appointed Cabinet.Highly placed government sou

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Uganda’s betting companies withhold Shs 2.6bn in winning claims

Uganda’s betting companies withhold Shs 2.6bn in winning claims

Lotteries and gaming operators in Uganda withheld at least Shs 2.6 billion in winning claims from 125 players in the current financial year.According to the National Lotteries and Gaming Regulatory Board (NLGRB), the complainants petitioned the regulator after their purported winnings were

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FY 2026/27 National Budget Reading Set for June 11

FY 2026/27 National Budget Reading Set for June 11

KAMPALA — The Government will on June 11, 2026, present the national budget for the 2026/27 financial year, with officials promising a private sector-driven spending plan focused on export growth, agricultural transformation, industrialisation and job creation.The budget will be read in

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Stakeholders set priorities for Busoga’s five newly appointed ministers

Stakeholders set priorities for Busoga’s five newly appointed ministers

The appointment of five ministers from the Busoga sub-region to Uganda’s new Cabinet has sparked optimism and heightened expectations among residents and leaders, who are now demanding greater focus on youth employment, infrastructure development, education, agriculture and the recovery of Buso

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