Business •
11 Jun '26
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
Business •
11 Jun '26
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
Business •
11 Jun '26
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
Business •
09 Jun '26
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
Business •
07 Jun '26
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
Business •
07 Jun '26
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
Business •
07 Jun '26
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
Business •
07 Jun '26
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
Business •
06 Jun '26
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
Business •
05 Jun '26
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