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Stanbic Uganda boss Karuhanga exits on Shs591bn profit high

Stanbic Uganda boss Karuhanga exits on Shs591bn profit high

Strong capital ratios and a Shs591 billion profit anchor Stanbic Uganda as Chief Executive Francis Karuhanga transitions to Standard Bank Group regional leadership.KAMPALA, Uganda — Outgoing Stanbic Uganda Holdings Limited Chief Executive Francis Karuhanga is handing over a robust balanc

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Uganda maintains highest treasury bill rate in East Africa

Uganda maintains highest treasury bill rate in East Africa

Uganda continued to offer the highest 91-day Treasury Bill rate among major East African Community economies during the first quarter of 2026, according to the latest EAC monetary statistics.‎‎The data indicates Uganda's position at the top of the regional interest rate rankings

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Man Utd target Mateus Fernandes could repeat transfer trick to force through move

Man Utd target Mateus Fernandes could repeat transfer trick to force through move

Mateus Fernandes had to personally push through his transfer from Southampton to West Ham last summer - and he may be forced to employ similar tactics if he wants to secure a move to Manchester United.The 21-year-old has been strongly linked with an Old Trafford move this week. Transfer re

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How Uganda’s First Oil Dream Evaded 5 Energy, 4 Finance Ministers

How Uganda’s First Oil Dream Evaded 5 Energy, 4 Finance Ministers

Former Minister Muloni (C) flanked by Ernest Rubondo (L), the head of Petroleum Authority of Uganda. Former Energy Minister, Irene Muloni (C) flanked by Ernest Rubondo (L), the head of Petroleum Authority of Uganda.Uganda’s oil journey has been defined less by extraction than by

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Shock as Bishop’s Wife Reveals Husband Is Not Twins’ Biological Father

Shock as Bishop’s Wife Reveals Husband Is Not Twins’ Biological Father

The revelation emerged during a local council meeting convened by LC Chairperson George William Kafeero to address a growing conflict between Bishop Abdul Mugisha of Holy Gospel Communications Ministries International and his wife, Prophetess Mercy Mugisha.In a dramatic turn of events, Pro

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LG PS Kumumanya’s Anti-Corruption Push: What Every District Public Servant Must Understand

LG PS Kumumanya’s Anti-Corruption Push: What Every District Public Servant Must Understand

KAMPALA, UGANDA — Corruption remains one of the most persistent threats to effective governance, service delivery, and national development in Uganda. It undermines public trust, drains government resources, and compromises projects intended to improve citizens’ welfare. Over the past 26 year

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BREAKING: 4 Ministers Facing Citizenship Queries May Miss Monday Swearing-In Ceremony

BREAKING: 4 Ministers Facing Citizenship Queries May Miss Monday Swearing-In Ceremony

KAMPALA — Four ministerial nominees whose citizenship status has come under scrutiny could see their swearing-in delayed as government lawyers review the legal implications of administering the oath before their renunciation processes are fully completed.Sources familiar with the matter

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CRISIS AT UHRC! Wangadya’s Mysterious Absence Sparks Fresh Controversy Amid Corruption Investigations

CRISIS AT UHRC! Wangadya’s Mysterious Absence Sparks Fresh Controversy Amid Corruption Investigations

Mariam Wangadya the Chairperson of the Uganda Human Rights Commission (UHRC) addressing the press during the release of the report on abductions. This was at the UHRC offices Kampala on January 19, 2023. Photo by Lawrence MulondoKAMPALA – A cloud of uncertainty continues to hang over the

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IGG Report Allegedly Flags Asset Declarations, Foreign Trips and Recruitment Practices in Probe of Former Speaker Among

IGG Report Allegedly Flags Asset Declarations, Foreign Trips and Recruitment Practices in Probe of Former Speaker Among

The Inspectorate of Government (IGG) has reportedly completed a preliminary report on former Speaker of Parliament Anita Annet Among, highlighting a number of issues related to asset declarations, parliamentary expenditure, recruitment practices and foreign travel that investigators believe requi

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Uganda’s Largest Banks by Assets: Stanbic, Centenary Lead As Industry Assets Hit Shs61.6 Trillion

Uganda’s Largest Banks by Assets: Stanbic, Centenary Lead As Industry Assets Hit Shs61.6 Trillion

Uganda’s banking sector recorded strong growth in 2025, with total industry assets rising to Shs61.59 trillion from Shs53.12 trillion in 2024, according to an analysis of audited financial results by Business Focus.The results show that a handful of banks continue to dominate the industr

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