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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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Inside the Shs1.1 trillion supplementary budget

Inside the Shs1.1 trillion supplementary budget

Parliament yesterday passed a supplementary budget of Shs1.1 trillion under supplementary schedule five, giving more money to the government to implement its activities. Of the total amount, the supplementary request that does not require prior approval from Parliament amounts to Shs586.2b. This

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Unsafe city': Fear grows as theft and burglaries hit Arua

Unsafe city': Fear grows as theft and burglaries hit Arua

Arua City has always been a place of movement. By daybreak—around 6am—its streets pulse with the high tempo of trade: vendors calling out prices, boda-bodas weaving through traffic, children darting between homes and schools, and street vendors oscillating in all directions to make ends meet.

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Several Internship Opportunities (June to August 2026) Jobs – Petroleum Authority of Uganda

Several Internship Opportunities (June to August 2026) Jobs – Petroleum Authority of Uganda

Organisation: Petroleum Authority of UgandaDuty Station: Kampala, UgandaAbout Organisation:The Petroleum Authority of Uganda (PAU) is a statutory body established under Section 9 of the Petroleum (Exploration, Development and Production Act 2013, and in line with the National

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Billionaires in the making’: Lira’s idle heirs living off parents’ wealth

Billionaires in the making’: Lira’s idle heirs living off parents’ wealth

Lira City is sheltering a peculiar breed of youngsters, calling themselves "Billionaires in the Making". They are the sons and daughters of the wealthy, living life as if there is no tomorrow. Their ugly dream is: "One day, it will all be mine." These people are convinced that they are act

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LOP Ssenyonyi Attempts to Block Second Reading Sovereignty Bill

LOP Ssenyonyi Attempts to Block Second Reading Sovereignty Bill

An attempt by the Leader of the Opposition Joel Ssenyonyi, to block the the second reading of the controversial Protection of Sovereignty Bill, 2026 failed after a sharp procedural exchanges and pushback from the Speaker of Parliament, Anita Among, who ultimately cleared the way for the governmen

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Uganda: Parliament approves Shs1.1 trillion supplementary expenditure

Uganda: Parliament approves Shs1.1 trillion supplementary expenditure

Parliament has approved a Shs1.1 trillion Supplementary Expenditure Schedule No.5 for 2025/2026 to cater for the swearing in ceremony of President Yoweri Museveni, preparations for the African Cup of Nations (AFCON) 2027 and elections of local councils, among others. The Minister of State

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Uganda’s ICC Engagement Carries Rising Strategic Risks

Uganda’s ICC Engagement Carries Rising Strategic Risks

Uganda is deepening its involvement in the International Criminal Court through judicial nominations and representation, but shifting global power dynamics, US opposition, and strained alliances raise questions about whether the country’s participation serves its long-term political and economi

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The untold battle: Power struggles and fight over deals at UEDCL

The untold battle: Power struggles and fight over deals at UEDCL

man often meets his destiny on the road he took to avoid it,” the French poet Jean de La Fontaine famously said. The idea is that, despite one’s best efforts to avoid a certain path in life, they end up facing it anyway.That pretty much sums up Paul Mwesigwa’s one-year tenure as Mana

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Museveni rallies for Sovereignty Bill in bitter-sweet final Cabinet session

Museveni rallies for Sovereignty Bill in bitter-sweet final Cabinet session

President Museveni is seen on a giant screen as he delivers remarks during what he described as the final Cabinet meeting and luncheon of the outgoing government at State House Uganda on May 4, 2026. PHOTO/HANDOUTThe curtain came down on the last Cabinet sitting of the current government o

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