Search Results

Equity Group posts Shs 433.2bn profit

Equity Group posts Shs 433.2bn profit

L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event.The lender

Ultimate Uganda

Uganda’s Construction Sector Sees Modest Inflation Uptick in April , Driven by Specialised Activities and Civil Works

Uganda’s Construction Sector Sees Modest Inflation Uptick in April , Driven by Specialised Activities and Civil Works

Uganda’s construction sector recorded a mild rise in inflation, with the annual rate edging up to 0.6% in the 12 months ending April 2025, up from 0.5% in March, according to the latest Construction Input Price Index (CIPI) released by the Uganda Bureau of Statistics (UBOS).The increase,

Ultimate Uganda

335 Nationals, Refugees Youth Gain Skills for Self-Reliance in Adjumani

335 Nationals, Refugees Youth Gain Skills for Self-Reliance in Adjumani

Adjumani District is witnessing a transformative wave as vocational training programs equip 335 nationals and refugee youth with practical skills, fostering self-reliance and economic empowerment.The beneficiaries have completed a three-month training in various vocational disciplines incl

Ultimate Uganda

Leaders Must Champion Conservation: Politics and Nature Intertwined in Kamwenge

Leaders Must Champion Conservation: Politics and Nature Intertwined in Kamwenge

As Uganda grapples with increasing environmental degradation, conservationists and political observers alike are emphasising the importance of electing leaders who are passionate about protecting nature. The intersection of politics and conservation is no longer theoretical—it is a pressing rea

Ultimate Uganda

Todwong Welcomes NUP's Alionzi to NRM

Todwong Welcomes NUP's Alionzi to NRM

The NRM Secretary General, Richard Todwong has received former Makerere University guild president, Lawrence Alionzi, commonly known as Dangote to the ruling NRM party.Alionzi on Monday formally joined NRM and also picked nomination forms from the party electoral commission to stand f

Ultimate Uganda

Govt Launches Million LEGS Project to Transform Rural Livelihoods

Govt Launches Million LEGS Project to Transform Rural Livelihoods

The Government of Uganda, with support from international partners, has unveiled $50.4 million(Shs 191.5 billion) initiative aimed at improving rural livelihoods and accelerating economic transformation across 17 districts under the Local Economic Growth Support (LEGS) Project.Implemented

Ultimate Uganda

Govt, Islamic Development Bank Invest Shs180bn to Boost Rural Livelihoods

Govt, Islamic Development Bank Invest Shs180bn to Boost Rural Livelihoods

The government, with support from international financiers, is pressing ahead with a $50.4 million (about Shs182 billion) initiative aimed at transforming rural economies through water access, market infrastructure, and affordable microfinance.Known as the Local Economic Growth Support (LE

Ultimate Uganda

Uganda Strains Under New Wave of Displacement as Regional Conflicts Intensify

Uganda Strains Under New Wave of Displacement as Regional Conflicts Intensify

Uganda continues to face an escalating refugee crisis, with nearly 190,000 individuals, including almost 36,000 newborns, registered in 2024 alone.The figures, released by the Office of the Prime Minister (OPM) with support from UNHCR, paint a stark picture of the human toll of unrelenting

Ultimate Uganda

How Mobile Phones Changed The Way People Relax

How Mobile Phones Changed The Way People Relax

If you looked at the way we relaxed ten years ago, you’d see that our habits have very much changed as of late. Not too long ago, relaxing after a long day in Uganda meant catching a radio show, chatting on the veranda, and playing out in the garden with friends. Look at today, however, and the

Ultimate Uganda

Mauritania’s Sidi Ould Tah Elected New President of AfDB

Mauritania’s Sidi Ould Tah Elected New President of AfDB

Sidi Ould Tah of Mauritania has been elected as the ninth President of the African Development Bank Group (AfDB), succeeding Nigeria’s Akinwumi Adesina, whose decade-long tenure ends this September.The announcement was made following a high-stakes vote by the AfDB’s Board of Governors

Ultimate Uganda