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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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Oil pipeline layoffs signal job cuts surge in sector

Oil pipeline layoffs signal job cuts surge in sector

As construction of the East African Crude Oil Pipeline (EACOP) nears completion, the project company has initiated mass layoffs in Uganda and Tanzania, triggering anxiety among section of staff. The move has also stoked claims of discrimination amid claims of retention of majorly expatriat

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Kieran McKenna leaves Ipswich weeks after promotion with links to Premier League rivals

Kieran McKenna leaves Ipswich weeks after promotion with links to Premier League rivals

Kieran McKenna has opted to step down as Ipswich boss just weeks after leading them back to the Premier League.The former Manchester United assistant is the club's most successful manager in recent times, twice landing promotion from the Championship having taken charge back when they were

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Kasule Lumumba Directs UCC to Control Radios on Political Content, Orders UBC to Cover Entire Country as She Takes Charge at The Information Ministry

Kasule Lumumba Directs UCC to Control Radios on Political Content, Orders UBC to Cover Entire Country as She Takes Charge at The Information Ministry

Newly appointed Minister of ICT and National Guidance, Justine Kasule Lumumba, has signaled a tougher government approach toward radio broadcasting and political programming, directing regulators to ensure that media platforms prioritize national guidance and development information over what she

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Leader of Opposition, Joel Ssenyonyi Unveils 30-Member Shadow Cabinet

Leader of Opposition, Joel Ssenyonyi Unveils 30-Member Shadow Cabinet

KAMPALA, Uganda — The leader of the opposition in Parliament, Joel Ssenyonyi, has unveiled a 30-member Shadow Cabinet for the 12th Parliament, defending the leaner team as more effective in holding the government accountable than mirroring the executive’s 82-member Cabinet.Ssenyonyi to

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Masaka taxi driver wins trip to watch Chelsea live at Stamford Bridge

Masaka taxi driver wins trip to watch Chelsea live at Stamford Bridge

A 29-year-old taxi driver from Masaka has won an all-expenses-paid trip to London to watch Chelsea FC through a Predator Energy promotion.A taxi driver from Nyendo in Masaka District is set for the football experience of a lifetime after winning an all-expenses-paid trip to London to watch

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Musasizi: Uganda’s Income Per Person Set to Cross Shs 5.1m

Musasizi: Uganda’s Income Per Person Set to Cross Shs 5.1m

Uganda’s income per person is projected to rise to USD 1,420 (about Shs5.1 million) in the current financial year, Finance Minister Henry Musasizi announced Thursday, a milestone that underscores the country’s steady economic expansion ahead of the anticipated oil era.Presenting the 20

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Budget Speech: Uganda's economy set for fastest growth in 30 years as oil production starts

Budget Speech: Uganda's economy set for fastest growth in 30 years as oil production starts

Presenting the national budget before Parliament on June 11, 2026, Finance Minister Henry Musasizi said the country's economic outlook remains strong, supported by low inflation, rising exports, growing investment and increasing business confidence.Musasizi projects Uganda's economy will g

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First Oil Revenue Set to Enter 2026/2027 Budget as Sector Begins Paying Its Way

First Oil Revenue Set to Enter 2026/2027 Budget as Sector Begins Paying Its Way

When the Minister of Finance, Henry Musasizi, presents the 84.3 trillion shillings budget for the 2026/27 financial year on Thursday, one figure will stand out among the revenue projections. The budget comes at a time when policymakers are positioning mineral resources, especially oil and gas, as

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Pallisa County MP Calls for Calmness Over His Petition

Pallisa County MP Calls for Calmness Over His Petition

It is not right to discuss an issue before an honorable court in the media, but I just want to inform the people of Pallisa County that their decision to vote for me is firm, and any outcome from court will not stop me from serving the community.”“I am committed to do what I promised y

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