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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

Ultimate Uganda

Sino Mbale Industrial Park Expands Opportunities for Ugandan Workers

Sino Mbale Industrial Park Expands Opportunities for Ugandan Workers

As Ugandans mark Labour Day, industrial parks continue to play a key role in creating employment opportunities for both skilled and unskilled workers across the country.Sino Mbale Industrial Park, located in eastern Uganda and covering 2.51 square kilometres, hosts 82 factories and employ

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Tororo–Busia Road Corner Junction Vendors Evacuated in Trade Order Enforcement

Tororo–Busia Road Corner Junction Vendors Evacuated in Trade Order Enforcement

Several vendors operating along Tororo–Busia Road at Corner Junction have been left searching for alternative business space after Tororo Municipality and Osukuru Town Council enforced a trade order to clear roadside traders.The eviction follows a seven-day ultimatum issued to traders op

Ultimate Uganda

How Norbert Mao’s speakership bid has put food on the table of many politicians

How Norbert Mao’s speakership bid has put food on the table of many politicians

Even before starting to earn from parliamentary monthly pay, the newly elected Members of Parliament are already earning huge amounts of money coming from dark corridors.This money is not for anything else but to ensure that Mao gets fewer votes during the speakership elections.Unfo

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Nursery Schools Barred from Operating Daycare Centres Under New ECCE Policy

Nursery Schools Barred from Operating Daycare Centres Under New ECCE Policy

The Government has announced a sweeping change to early childhood education regulations, banning nursery schools and kindergartens from operating daycare centres under the newly introduced Early Childhood Care and Education (ECCE) Policy.According to officials, the policy seeks to clearly

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Housing Finance Bank’s net profit up 20% to Shs 85.4 billion

Housing Finance Bank’s net profit up 20% to Shs 85.4 billion

Housing Finance Bank posted a net profit of Shs 85.4 billion for the year ended December 31, 2025, marking a 20 per cent increase from Shs 71.1 billion recorded in 2024, as the lender reported strong growth across key financial indicators.The bank’s total assets rose by 15 per cent to Sh

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VIDEO: Gen Ddamulira challenges Abraham Luzzi to a fitness test

VIDEO: Gen Ddamulira challenges Abraham Luzzi to a fitness test

The Director of Crime Intelligence, Maj Gen Christopher Ddamulira, today showed Ugandans that he is a very fit man.While at the MK 52nd birthday run held today at Kololo Independence Grounds, the general easily executed a low squat move as if it was second nature and then asked Abraham Luz

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Lira City Joins National Turnout for Muhoozi 52nd Birthday Charity Run

Lira City Joins National Turnout for Muhoozi 52nd Birthday Charity Run

Lira, Uganda | Lira City on Sunday joined other parts of Uganda in commemorating the 52nd birthday of Chief of Defence Forces Gen. Muhoozi Kainerugaba, through a charity run that drew a strong public turnout despite short notice mobilisation.The event, held at Lira City Mayor’s Garden wh

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Inside Centenary Bank’s Executive Reset: Why the Board Brought in Michael Opira as the Second Executive Director

Inside Centenary Bank’s Executive Reset: Why the Board Brought in Michael Opira as the Second Executive Director

Centenary Bank’s top leadership (L–R): Chairman Gustavo Bwoch, Managing Director Fabian Kasi, Executive Director, Business Joseph Balikuddembe, and Executive Director, Operations Michael Opira. The bank is resetting its executive leadership through a dual-Executive Director structure aimed at

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Museveni Commissions New UGX1.1 Trillion Cement Plant In Moroto, Warns URA off Taxes

Museveni Commissions New UGX1.1 Trillion Cement Plant In Moroto, Warns URA off Taxes

Uganda’s heavy reliance on imported clinker—costing the country hundreds of millions of dollars annually—has long strained the economy and limited the growth of local industry.Leaders say the country has been losing up to 85 percent of the value of cement production to external marke

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