For years, Vincent Frerrio Bamungaki Sempijja (who personally mentored greats likes AIGP Andrew Felix Kaweesi) served as Masaka LC5 Chairman before moving on to become Kalungu East MP for two terms (2011-2021).In 2021, he was dethroned by NUP’s Francis Katongole Katabazi who rode on the
Mobile money has become one of the biggest sources of borrowing in Uganda, with millions of people now relying on their phones for quick loans instead of traditional banks.In 2025 alone, Ugandans borrowed at least Shs2.75 trillion through mobile money platforms, highlighting how digital le
State Minister for Investment and Privatisation Evelyn Anite said Pearl Bank now has the opportunity to expand beyond Uganda and position itself as a serious regional competitor.Pearl Bank’s profits rose 34 percent to Shs47.3 billion in 2025.Minister Evelyn Anite urged the bank to
From left, Peter Mawande, 25, Sadam Hussein, 20, and Lydi Kanyesigye, 34, who are charged with unlawful obtaining and disclosure of personal data. PHOTO/GEOFREY MUTUMBA.Court in Kampala has convicted three mobile money agents for unlawfully obtaining and disclosing a client’s personal da
Democratic Party (DP) president general and Minister of Justice and Constitutional Affairs Norbert Mao has shared interesting details on his political battle with Noble Mayombo – and the good old days at Makerere University. A respected military officer, Brigadier Noble Mayombo died in M
Centenary Bank has pulled off a quiet boardroom coup, lining up long-serving executive Godfrey Byekwaso to take over as Managing Director while Fabian Kasi, the face of the lender for over a decade, prepares to step up and steer the wider Centenary Group. The planned handover, still uncon
President Museveni on Friday questioned the relevance of some university courses to Uganda’s labour market, urging young people to rethink career paths and pivot toward practical skills and job creation.Speaking during Labour Day celebrations in Buikwe District, Museveni criticized what
The suspect in the murder of four toddlers at Ggaba Kindergarten, Christopher Okello Onyum, in the dock during his trial and a public hearing at Ggaba Community Church, Kampala. PHOTO/ ABUBAKER LUBOWA The High Court in Kampala has sentenced Christopher Okello Onyum to death for the brutal
Housing Finance Bank posted a net profit of Shs 85.4 billion for the year ended December 31, 2025, marking a 20 per cent increase from Shs 71.1 billion recorded in 2024, as the lender reported strong growth across key financial indicators.The bank’s total assets rose by 15 per cent to Sh
Centenary Bank’s top leadership (L–R): Chairman Gustavo Bwoch, Managing Director Fabian Kasi, Executive Director, Business Joseph Balikuddembe, and Executive Director, Operations Michael Opira. The bank is resetting its executive leadership through a dual-Executive Director structure aimed at
