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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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No more excuses, minister orders overhaul of delayed digital plate system

No more excuses, minister orders overhaul of delayed digital plate system

Transport Minister Katumba Wamala (center), Ministry ofTransport Commissioner Winstone Katushabe, officials from Uganda Revenue Authority, Integrated Transport Management System, clearing agents and car dealers pose after a meeting at Mestil Hotel & Residences in Kampala on May 5, 2026. PHOTO

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New Cabinet! Intelligence Tells Gen. Museveni To Create Diaspora Ministry To Operationalize The ‘Sovereignty Law’

New Cabinet! Intelligence Tells Gen. Museveni To Create Diaspora Ministry To Operationalize The ‘Sovereignty Law’

President Museveni is weighing between creating a full-fledged Ministry for Diaspora affairs or elevate the current Diaspora desk within the Ministry for Foreign Affairs to a Presidential Diaspora Commission.This news site understands that, the President is being requested to either create

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ENG. JONARD ASIIMWE: Kiira Motors and Uganda’s Scientific and Innovative Renaissance: Engineering a Prosperous Future!

ENG. JONARD ASIIMWE: Kiira Motors and Uganda’s Scientific and Innovative Renaissance: Engineering a Prosperous Future!

In the grand theatre of history, nations are not remembered for the eloquence of their lamentations, but for the audacity of their innovations. Civilizations rise not merely upon the abundance of natural resources beneath their soil, but upon the depth of scientific imagination cultivated within

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Judiciary Unveils New Digital Monitoring System to Boost Transparency and Performance

Judiciary Unveils New Digital Monitoring System to Boost Transparency and Performance

The Judiciary has taken a significant step toward modernizing its operations with the advancement of a new Monitoring and Evaluation (M&E) System designed to enhance transparency, performance tracking, and evidence-based decision-making across the institution.In a high-level preparator

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Uganda to start manufacturing own satellites

Uganda to start manufacturing own satellites

Uganda has announced plans to begin manufacturing its own satellites, as part of the country’s ambition to enter the global space economy and transition into a knowledge-based economy.This was revealed during the opening of the National Science Week 2026 at Kololo Independence Grounds in

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Inside unregulated rise of homestays, Airbnbs

Inside unregulated rise of homestays, Airbnbs

On a quiet street in Kira, Wakiso District, a furnished apartment sits behind a high wall, complete with security guards, Wi-Fi and a caretaker on call.Inside, it looks no different from a hotel suite, with clean sheets, a stocked kitchen, and a welcome note for guests. But unlike a hotel,

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KCCA set to roll out electric buses in Kampala this month, after cabinet approval

KCCA set to roll out electric buses in Kampala this month, after cabinet approval

Kampala Capital City Authority (KCCA) has announced plans to introduce electric buses into the city’s public transport system before the end of May, following approval from Cabinet.KCCA Executive Director Sharifah Buzeki said the long-awaited initiative is now ready for rollout, with fin

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Fuel crisis in Uganda: Celebrities speak out on impact (VIDEO

Fuel crisis in Uganda: Celebrities speak out on impact (VIDEO

Navigating the Fuel Crisis in Uganda: Insights, Impact, and What’s Next. Local celebrities dive deep into the current fuel shortage affecting Uganda and the daily struggles it creates for the citizens.The Ugandan entertainment industry, made up of artists, emcees, deejays, and producers,

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First oil transition takes focus at Oil and Gas Convention, banks urged to seize operational opportunities

First oil transition takes focus at Oil and Gas Convention, banks urged to seize operational opportunities

Minister of Energy and Mineral Development- Hon. Dr. Canon Ruth Nankabirwa (3L) paid a courtesy visit to the I&M Bank booth where she was welcomed by staff during the Oil and Gas Convention.The 11th Annual Oil and Gas Convention 2026 opened on Tuesday, 28 April, at Speke Resort Munyony

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