Equity Group Holdings has posted the strongest financial performance in its history, reporting a record KSh75.5 billion (approximately UGX 2.15 trillion) profit after tax for the year ended December 2025, as regional subsidiaries, digital banking, and insurance operations powered a major growth s
Tea farmers in Bushenyi have expressed anger and frustration after the High Court dismissed their case against the Igara Growers Tea Factory board, ruling that the matter should have been handled by the Uganda Registration Services Bureau, leaving the leadership dispute unresolved.Tea farm
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
A bombshell leaked board resolution from Stanbic Bank Uganda has laid bare the real reasons behind the dramatic exit of CEO Anne Juuko in 2024 and it’s not the rosy “promotion” story that was sold to the public.Kampala was left buzzing, boardrooms kept whispering, and the truth is fi
The Minister of Energy and Mineral Development, Ms Ruth Nankabirwa, has named Ms Stella-Marie Biwaga as interim Board chairperson for Uganda Electricity Distribution Company Limited (UEDCL), replacing Ms Lydia Ochieng-Obbo, whose contract was terminated.In the Saturday statement, Ms Nankab
The Ministry of Energy and Mineral Development has fired the Uganda Electricity Distribution Co. Ltd (UEDCL) Board chairperson, Ms Lydia Ochieng Obbo and placed its managing director, Mr Paul Mwesigwa, on forced leave over alleged regression of the company.In a statement issued on Saturday
Uganda’s banking industry has mounted a formal and detailed opposition to the proposed Protection of Sovereignty Bill, 2026, warning that its provisions could disrupt financial intermediation, deter foreign investment, and undermine the country’s broader economic growth strategy.In a l
What began as a claim over a USD 400,000 shareholder loan has evolved into a complex legal battle that cuts across project finance, shareholder rights, and cross-border dispute resolution.At its core, the case now pits Charles Odere, the subordinated lender seeking repayment, against a con
When most people hear the term NGO (Non-Governmental Organisation), they tend to think of impact—community projects, humanitarian efforts, and driving social change.Taxes, however, are rarely part of that picture.One of the biggest misconceptions about NGOs is that, because they a
Bemuga Forwarders has been given 14 days to defend itself in a case in which its former managing director, Ronald Kanyerezi, entered a Shs 1.7 billion deal with a global logistics firm without the knowledge of its shareholders.Justice Patricia Kahigi Asiimwe said the case raises serious is
