How improperly registered SIM cards landed Ugandans in prison
Kampala court has begun sentencing SIM card agents who illegally register mobile lines after investigations linked some of the fraudulently registered SIM cards to scams...
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Pearl Bank fired employee for losses it had already linked to bad weather. They have to pay him Shs 78m
Pearl Bank (formerly PostBank) has been ordered by the Industrial Court to pay Shs 78.9 million to a senior manager it unfairly and unlawfully dismissed nine years ago.Pa...
Uganda’s Largest Banks by Assets: Stanbic, Centenary Lead As Industry Assets Hit Shs61.6 Trillion
Uganda’s banking sector recorded strong growth in 2025, with total industry assets rising to Shs61.59 trillion from Shs53.12 trillion in 2024, according to an analysis...
Demolition of roadside businesses wipes out revenues, shatters dreams
The morning sun burns through the dusty roadside of Bulindo and Kitukutwe, falling on broken timber, bent iron sheets and torn tarpaulins scattered where small kiosks onc...
BoU limits daily cash withdrawals for individuals to Shs50m
Twinemanzi Tumubweine, Bank of Uganda Executive Director of National Payment Systems.Overview:The new measures, which take effect on January 1, 2027, are expected to resh...
Equity’s Best Year Ever: Profit Jumps 55%, Uganda Emerges Growth Star
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...
BoU Approves Sale of Standard Chartered Uganda’s Retail and Wealth Banking Business to Absa
Sanjay Rughani (right) and David Wandera after the Bank of Uganda approved the sale of Standard Chartered Uganda’s Wealth and Retail Banking business to Absa Bank Ugand...
Experts Call for Reduction of Mobile Money Withdrawal Tax
Economists, researchers and small business operators are urging government to reduce the 0.5 percent excise duty on mobile money withdrawals, warning that high transactio...
Government, Build Us a Market Too — Kanoni Traders Cry Out Over Poor Working Conditions
Traders at Kanoni Daily Market in Gomba District have appealed to government to construct a modern market, citing congestion, poor sanitation, lack of storage facilities...
DR. OPUL JOSEPH, PhD: Trillions Shillings Planted Before Skills leading to Kwashiorkor Harvests: Why PDM Must Stop Watering Rocks instead of Seeds
Dear all political and technical line leaders directly /indirectly concerned with PDM ranging from H.E the President of Uganda, Ministers, Members of Parliament, Security...