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
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
Police in Luwero District have launched a manhunt for unidentified assailants behind the brutal murder of a 63-year-old man. The deceased has been identified as Christopher Nsubuga, a resident of Kikubajjinja in Luwero Town Council. According to a statement issued on Tuesday evening by Sam Twiine
Over 280 tea nursery bed operators in Kanungu District have denied allegations that they were defrauded by their lawyers and association leadership. The farmers clarify that a 30 percent deduction from their recent Shs14.9 billion government payout was a voluntary contribution, not an illegal ext
Uganda’s banking sector recorded strong growth in 2025, with total industry assets rising to Shs61.59 trillion from Shs53.12 trillion in 2024, according to an analysis of audited financial results by Business Focus.The results show that a handful of banks continue to dominate the industr
General Katumba Wamala’s appointment as Minister of Public Service comes at a time when the ministry is reeling from scandals involving ghost workers, pension fraud, and wage overruns. Recent audits revealed over UGX 24 billion lost to ghost employees and nearly 24,000 suspected ghost pensioner
special forensic investigation by the Auditor General has severely faulted the Chief Executive Officer of the Insurance Regulatory Authority (IRA), Ibrahim Kaddunabbi Lubega, over a string of blatant financial and administrative irregularities.A special forensic investigation by the Audito
Parliament Speaker Jacob Marksons Oboth (2nd right) leaves Parliament chambers after presiding over plenary session on May 28, 2026. PHOTO/ PARLIAMENT OF UGANDA X HANDLEThe budget of Parliament has within six years doubled to Shs1.2 trillion, despite the number of elected members of the Ho
The Baseline Education Census (BEC) 2025 has confirmed the continued dominance of Buganda, Busoga, and Ankole in Uganda’s education sector, controlling the largest share of schools and learners across the country.According to the Uganda Bureau of Statistics (UBOS), Bugand
Joel SsenyonyiKampala, Uganda – Former Leader of Opposition (LoP) Joel Ssenyonyi is facing increased public scrutiny over the proposed non-wage budget for the Office of the Leader of Opposition, with critics arguing that his response to concerns has not fully addressed questions of trans
