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
Uganda hits a major milestone toward first oil, drilling 199 wells to surpass the government threshold required for commercial production.KAMPALA, Uganda — Uganda has drilled 199 oil wells, surpassing the threshold required to begin commercial production later this year, according to the
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
Former Kira Municipality Member of Parliament Ssemujju Nganda has sharply criticised the newly presented Uganda national budget, questioning what he describes as misplaced priorities in government spending allocations.His remarks come shortly after the presentation of the Shs84.3 trillion
Oboth Oboth reiterated pledges from his maiden address, declaring “zero tolerance to corruption” and stating, “I have no monies to recover because I didn’t spend [on speaker election campaigns].”He called for a “factory reset” of Parliament — strengthening committee oversig
Former Government Chief Whip Hamson Obua has officially handed over office, marking the end of his tenure in one of Uganda’s key parliamentary coordination roles, while pledging continued loyalty and service to government.In a statement issued after the transition, Obua said he “stood
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
President MuseveniPresident Museveni ordered a comprehensive investigation into the management and distribution of Shs231 billion earmarked as Akasiimo (ex-gratia gratuity) for military veterans.Speaking from State Lodge Nakasero during the Heroes’ Day celebrations, Mr Museveni sa
Edward Ssekandi used Heroes Day celebrations to pay tribute to President Museveni and Gen Salim Saleh for their contributions to Uganda's liberation and development.Former Vice President Edward Ssekandi has hailed President Yoweri Museveni and Senior Presidential Adviser on Defence Gen (Rt
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
