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
KAMPALA — Thirteen winners of Uganda’s 2025 Best Farmers Competition have been flagged off for a week-long agricultural study visit to the Netherlands, where they will gain exposure to advanced farming technologies, value addition systems, and modern agribusiness models aimed at transforming
vicious family war has exploded inside the wealthy family of former Minister of Health and Works Shaban Kirunda Nkutu, decades after the powerful minister was brutally killed by the regime of dictator Idi Amin in 1973.What started as a mourning period following the death of family matriarc
The High Court has dismissed a defamation case filed by Lt Gen Charles Otema Awany and his wife, Elizabeth, against DFCU Bank, after the bank advertised their properties for sale over an uncleared loan.The case dates back more than a decade to when the couple entered into a banking relatio
Agriculture employs more than 70% of Uganda’s population, but for many households it remains subsistence, low input, low output, and highly exposed to weather and price shocks. Access to financing is still limited, and value addition across most value chains remains underdeveloped.That s
All isn’t well at the Matuga-based DEI Pharma, a multi-billion pharmaceutical manufacturing enterprise based at Matugga along Kampala-Bombo Road.The company, which is meant to manufacture pharmaceutical products for both the local market and for export purposes, has about 100 employees.
Hajjati Rehema Nankya, the brain behind Fortress Hardware in Maya. She started with a small shop with capital worth UGX1.5M.Fortress Hardware, located in Maya Trading Centre along the Kampala–Masaka Highway, isn’t an ordinary enterprise. There’s a unique and inspiring story behind it
The heat is on at the Uganda National Oil Company (UNOC) after the Auditor General’s December 2025 report tore through the glossy public relations spin amidst war on Iran and laid bare troubling gaps in fuel security, funding shortfalls, underperformance and strategic failures that now raise un
dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renewed calls for commercial lenders to cut borrowing costs for industry.Speaking at the launch, David Bahati welcomed the ex
Sudhir and Mwenda share a light moment at the billionaire's home in Kololo.Kampala, Uganda | — A resurfaced video clip of veteran journalist Andrew Mwenda has ignited fresh debate on social media after he openly acknowledged his close personal and financial ties to businessman Sudhir Ru
