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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

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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

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Kabaka Urges Buganda to Embrace Self-Reliance

Kabaka Urges Buganda to Embrace Self-Reliance

The Kabaka of Buganda, Ronald Muwenda Mutebi II, has issued a clarion call to the people of Buganda, both at home and in the diaspora, to shift their focus from dependency on external aid to self-reliance, innovation, and direct involvement in initiatives aimed at uplifting their communities.

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Is West grooming Ugandan media, NGOs to promote anti-Russia propaganda?

Is West grooming Ugandan media, NGOs to promote anti-Russia propaganda?

In Uganda, the geopolitical rivalry between the West on one hand, and Russia plus China on the other, is threatening to spill full-blown into the media if recent reports are anything to go by.For decades, it has always been known that the geopolitics is m

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Legends Rugby Grounds closes after 14 years

Legends Rugby Grounds closes after 14 years

After 14 years at the heart of Uganda’s sports and entertainment scene, Legends Rugby Grounds, popularly known as Legends, has officially shut its doors.The closure was confirmed in a public notice issued by management, citing the expiration of the venue’s lease on Plot 1 & 3 Sport

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Govt, UNHCR Warn of Refugee Funding Crisis as Support Operations Face Cuts

Govt, UNHCR Warn of Refugee Funding Crisis as Support Operations Face Cuts

The government and the United Nations Refugee Agency (UNHCR) have issued a joint appeal to the international community amid worsening global funding shortages that threaten the country’s refugee support operations.In a statement released on May 30, 2025, the Government o

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Housing Finance Bank Scoops Awards for Backing Farmers and Small Businesses

Housing Finance Bank Scoops Awards for Backing Farmers and Small Businesses

Housing Finance Bank has won two national awards for its outstanding efforts in boosting agricultural productivity and supporting Uganda’s small businesses to recover from recent economic shocks.The accolades — the Agricultural Credit Facility (ACF) Award and the Small

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Uganda and UNHCR Sound Alarm on Refugee Funding Crisis as Influx Surges

Uganda and UNHCR Sound Alarm on Refugee Funding Crisis as Influx Surges

Uganda and the United Nations High Commissioner for Refugees (UNHCR) have issued an urgent appeal for international support as the country faces a steep rise in refugee arrivals amid a deepening funding crisis.In a joint statement released on May 30, the Government and UNHCR warned that un

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US to double tariffs on steel and aluminium imports to 50%, Trump says

US to double tariffs on steel and aluminium imports to 50%, Trump says

President Donald Trump has announced the US will double its current tariff rate on steel and aluminium imports from 25% to 50%, starting on Wednesday.Speaking at a rally in Pittsburgh, Pennsylvania, Trump said the move would help boost the local steel industry and national supply, while re

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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

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