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 continued to offer the highest 91-day Treasury Bill rate among major East African Community economies during the first quarter of 2026, according to the latest EAC monetary statistics.The data indicates Uganda's position at the top of the regional interest rate rankings
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
On Tuesday morning, Salt TV’s controversial presenter Full Figure Nakangubi used her slot on the morning show to celebrate the woes that befell former Speaker Anita Among, the woman whose political demise has since attracted euphoria among the long-persecuted and suffocated staffers at Parliame
Former Minister and senior advocate Asuman Kiyingi has offered a detailed political reading of the growing tensions surrounding former Speaker Anita Among, framing her situation as part of a broader and recurring pattern within Uganda’s governance structure rather than an isolated political fal
Outgoing State Minister for National Guidance, Godfrey Kabbyanga Baluku, has dismissed speculation surrounding his departure from the Ministry of ICT and National Guidance, insisting that he has neither lost his job nor fallen out with his former boss, Dr. Chris Baryomunsi.Speaking during
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
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
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
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
