Michael Mugabi, MD of Housing Finance Bank(Center), Bosco Bainamazima, BOU (3rd from right), Nansana Town Clerk, Tandeka Festo and other HFB officials cut cake during the opening of the new branch in Nansana Housing Finance Bank officially launched its newest branch in Nansana, marking a major milestone in its strategic
Read More
Ernest Rubondo, Executive Director at PAU addressing the media about the Authority’s 10 years of existence The Petroleum Authority of Uganda (PAU) has revealed that since the discovery of oil wells in Uganda in 2006, over US$11.11Bn (UGX40.112Trn) has so far been invested in the oil and gas sector. 20
Read More
Mark Muyobo, Chief Executive Officer of NCBA Bank Uganda, awarding one of the winners The 2025 NCBA Uganda Junior Golf Series has wrapped up its first season for the 2025/6 calendar in style at the Lugazi Golf Club, capping a year of inspiring performances and renewed commitment to nurturing Uganda’s
Read More
L-R: Helena Mayanja dfcu, Head Corporate Affairs and Sustainability, Dr Aminah Zawedde, the Permanent Secretary at MoICT and Mabel Ndawula, the dfcu Foundation Executive Director sign the MoU at MoICT Innovation Hub in Nakawa The Ministry of ICT & National Guidance and the dfcu Foundation on Tuesday entered into a
Read More
Ronald Makata Stanbic Bank Chief Finance Officer with the Mumba Kalifungwa, Stanbic Bank Uganda Chief Executive As Stanbic Bank prepares to mark 35 years of serving Uganda, the lender is not pausing to reminisce—it's doubling down on a forward-looking call for national progress in a new brand campaign dubbed: Keep
Read More
Anne Nakawunde (Right), Managing Director, Finance Trust Bank and her team receiving the prestigious ISO/IEC 27001:2022 certification Finance Trust Bank (FTB) has been awarded the prestigious ISO/IEC 27001:2022 certification for Information Security Management Systems (ISMS). The certification was issued by Interdigicert Kenya, accredited by KENAS under certificate number CB/028, with
Read More
Malawi Airlines, the national carrier of the Republic of Malawi, has announced the launch of a new direct flight service between Entebbe, Uganda and Lilongwe, Malawi, effective 15th December 2025. This strategic route is designed to enhance regional connectivity and foster stronger ties in trade, tourism, and cultural exchange between
Read More
Uganda’s Ministry of Finance has revealed that in September 2025, the country recorded a 10.32% drop in exports from US$1,056.37million (UGX3.776Trn) in August 2025 to US$947.33million (UGX3.385Trn) in September 2025. The details are contained in the Performance of the Economy Monthly Report for October 2025 that was released on Monday
Read More
Property Tax in Uganda is governed by the Local Government (Rating) Act 2005, but two decades after the law was made, conflicts persist between property owners and the authorities. It could be because of the reluctance by the authorities to enforce it or an ineffective mode of enforcement over the
Read More
Ramathan Ggoobi and team during the visit to Soroti Fruit Factory The Secretary to Treasury, Ramathan Ggoobi has revealed plans to expand and modernise Soroti Fruit Factory in partnership with a management firm from Ethiopia. The deal to revamp the factory is likely to cost US$30Million (UGX 107.211Bn) despite the
Read More
