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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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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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Museveni Warns Rwenzori Leaders Against Repeating Mistakes as He Champions PDM

Museveni Warns Rwenzori Leaders Against Repeating Mistakes as He Champions PDM

President Museveni has called on leaders and citizens of the Rwenzori sub-region to take full responsibility for ensuring the success of the Parish Development Model (PDM), warning them against the complacency that undermined earlier government poverty eradication efforts such as Entandikwa, NAAD

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Colin Asiimwe Returns as Head of Marketing at MultiChoice Uganda

Colin Asiimwe Returns as Head of Marketing at MultiChoice Uganda

Colin Asiimwe is back at MultiChoice Uganda as the Head of Marketing, overseeing the DStv, GOtv, Showmax, and Pearl Magic brands.Asiimwe previously worked with MultiChoice before leaving the business.He began his career in the advertising industry before transitioning to a focus on

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Govt to donate coffee processing machine to Bugisu Cooperative Union

Govt to donate coffee processing machine to Bugisu Cooperative Union

Government is set to bolster the operations of Bugisu Cooperative Union (BCU) with coffee value addition equipment to enhance the profitability of farmers and revive the cooperative movement in Eastern Uganda.While speaking at the union’s 64th Annual General Meeting in Mbale on Friday, S

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Museveni praises Omusinga’s role in rebranding Rwenzururu Kingdom

Museveni praises Omusinga’s role in rebranding Rwenzururu Kingdom

President Museveni commended King Omusinga Charles Wesley Mumbere of the Rwenzururu Kingdom for his efforts in promoting peace since his return from nearly seven years of incarceration following his arrest in November 2016. His arrest occurred after a UPDF raid on his royal palace in Kas

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Businesses report improved business environment despite rising input costs 

Businesses report improved business environment despite rising input costs 

The Stanbic Purchasing Managers’ Index indicates that businesses faced high input costs, which impacted the cost of production and profitability in September.  However, despite increased costs, Stanbic noted that the private sector remained in the growth territory due to expansio

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Government urged to put breaks on tax incentives to companies

Government urged to put breaks on tax incentives to companies

Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury struggling to justify certain tax breaks to particular companies while in the National Assembly. In a new twist, the two age

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Coffee farming gaining traction in Bukedi region

Coffee farming gaining traction in Bukedi region

For decades, Bukedi sub-region in Eastern Uganda was primarily known for cotton cultivation. However, fluctuating prices led farmers to abandon cotton in search of more viable alternatives. During the launch of the Bukedi Strategic Development Plan, leaders outlined coffee and cocoa as c

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Irish Examiner: 10 things to look out for this weekend in the Premier League

Irish Examiner: 10 things to look out for this weekend in the Premier League

(1) Casemiro crisis puts pressure on UgarteAfter Casemiro’s disastrous 45-minute outing in the thumping by Liverpool, Erik ten Hag looks certain to hand the Uruguayan midfielder Manuel Ugarte his debut at St Mary’s.Last time out, Ten Hag was forced to send on the inexperienced T

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