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Pearl Bank Unveils Kololo Headquarters as Rebrand Signals Strategic Shift

Pearl Bank Unveils Kololo Headquarters as Rebrand Signals Strategic Shift

Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank

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Sanctioned by UK And US, Deserted by Museveni! What Next For Among Amid Pressure to Keep Speakership?

Sanctioned by UK And US, Deserted by Museveni! What Next For Among Amid Pressure to Keep Speakership?

Where President Museveni has finally given up on his ruthless girl Among who is sinking under weight of the Americans and British sanctions is a question that carries within it the weight of a verdict already delivered. Anita Among, once the formidable Speaker of the Eleventh Parliament, now appe

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Why MPs approved 30% tax on second-hand clothes: How you'll be affected

Why MPs approved 30% tax on second-hand clothes: How you'll be affected

Members of Parliament have approved a 30 percent levy on imported second-hand clothes as part of wider tax reforms aimed at raising revenue and supporting local industries.The tax was passed under the External Trade (Amendment) Bill, 2026 during a parliamentary sitting chaired by Speaker A

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NRM’s Barata Says Sovereignty Bill Promotes Transparency Without Limiting Investment

NRM’s Barata Says Sovereignty Bill Promotes Transparency Without Limiting Investment

The point of a Sovereignty Bill being before Parliament is for it to be debated and adjusted as long as the ultimate objective and purpose are achievedThe National Resistance Movement (NRM) Director of Legal Affairs, Enoch Barata, has argued that the proposed Protection of Sovereignty Bill

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Winners, losers as MPs pass new taxes

Winners, losers as MPs pass new taxes

Effective July 1, all importers of secondhand clothes will have to pay an extra charge of 30 percent, up from the current 15 percent, should the President sign into law the External Trade Amendment Bill, 2026. Parliament yesterday passed the Bill that will see the prices of used clothes g

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Landlocked Uganda Beats Europe, East Africa on Fuel Prices

Landlocked Uganda Beats Europe, East Africa on Fuel Prices

Uganda has secured incoming fuel shipments totaling more than 450 million litres, with authorities saying the deliveries will reinforce national reserves and sustain one of the most competitive pump price regimes globally.In a statement released Tuesday, the Ministry of Energy and Mineral

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Bank of Uganda launches three-year pilot to buy domestic gold for reserves

Bank of Uganda launches three-year pilot to buy domestic gold for reserves

The Bank of Uganda has started buying gold mined in the country and will add it to the official foreign exchange reserves, shifting part of the national safety net from dollars and euros to bullion.In an April 20, 2026 notice, the Central Bank said it had launched a three-year pilot Domest

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AFCON 2027 countdown begins as CAF Taskforce lands in Kampala

AFCON 2027 countdown begins as CAF Taskforce lands in Kampala

Kampala, Uganda | URN | The race to deliver the TotalEnergies Africa Cup of Nations (AFCON) 2027 has entered a decisive phase, with the Confederation of African Football (CAF) convening in Kampala to align East Africa’s co-hosting strategy. The high-level two-day technical meeting, running from

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Uganda Railways Launches Pilot Passenger Train Service to Ease Kampala Traffic

Uganda Railways Launches Pilot Passenger Train Service to Ease Kampala Traffic

KAMPALA – Uganda Railways Corporation has taken a significant step toward reviving passenger rail transport with the launch of a pilot train service transporting students from Mukono to Kampala, in a move aimed at reducing road congestion and improving commuter safety.The inaugural trip,

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Kira Road Police Admit Gaps in School Outreach, Shift Focus to Prevention

Kira Road Police Admit Gaps in School Outreach, Shift Focus to Prevention

Kira Road Police Division has acknowledged significant gaps in its school outreach programmes, revealing that several secondary schools within its jurisdiction have never been reached by community policing initiatives.Divisional Police Commander Suubi Sam said the revelation has prompted a

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