Centenary Bank Malawi closed the 2025 financial year with a profit after tax of MWK 5.1 billion (UGX 11.2 billion), representing a 168% increase from the MWK 1.9 billion (UGX 4.2 billion)
By Yunus Mugula From land to lasting wealth. Financial markets are opening financially inclusive pathways to income, security, and opportunity for every Ugandan. For decades, Uganda’s investment story has been defined by
Finance Trust Bank has announced its 2025 performance, reporting its strongest financial performance to date in 2025, posting a 32.6% growth in customer deposits and a 74.4% jump in net profit, as
The Bank of Uganda has officially launched a three year pilot Domestic Gold Purchase Programme, in a move aimed at strengthening and diversifying Uganda’s foreign exchange reserves through the purchase and processing
By mid-afternoon in Obongi Town, small crowds gather at makeshift charging points. Phones are handed over, names are sometimes scribbled down, and a fee of UGX 500 is paid, if there is
A Photo collage of ICT State Minister Hon. Godfrey Baluku Kabyanga, Richard Obita, Director of Technical Services at NITA-U and Godfrey Sserwamukoko, Chairperson of the Internet Service Providers Association of Uganda (ISPAU). Government has taken a decisive step toward digital sovereignty with the launch of the National IP Peering Exchange
Government has taken a decisive step toward digital sovereignty with the launch of the National IP Peering Exchange. The platform is expected to reduce internet costs,
Hon. Anite Evelyn. Minister of State For Finance In Charge Investment and Privatization (R) with a delegation from China. The team was in Country under the Uganda–China Coffee Investment and Destination Tour 2026, where government officials and diplomats presented a strong investment case.
Uganda is positioning itself as a leading investment destination in Africa by leveraging its long-standing partnership with China to unlock opportunities in agro-industrialisation, manufacturing, and value
A construction site in progress. Uganda’s Building Control (Amendment) Act, 2026 introduces stricter penalties and enforcement measures, signalling a shift toward greater accountability and safety across the sector.
Against a backdrop of rapid urbanisation, rising population pressures, and a growing construction sector, government has introduced new reforms aimed at restoring order and safety in
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
Dr. Sudhir Ruparelia is one of East Africa’s most prominent entrepreneurs, with investments spanning real estate, banking, education, hospitality, and manufacturing. His visibility and reputation make him a prime target for impersonation scams.
A growing wave of impersonation accounts mimicking Ugandan business magnate Dr. Sudhir Ruparelia has triggered fresh warnings from cybersecurity experts, authorities, and the public, highlighting the increasing sophistication of online fraud schemes.
There are places that impress you the moment you arrive, and then there are places that quietly change something inside you. Lake Bunyonyi belongs to the latter. Set in the highlands of southwestern Uganda, the air here feels lighter, the water calmer, and the world somehow less demanding. Life slows, not because there is nothing to do, but because nature
Ihunde Resort on Bulago Island, Lake Victoria — a quiet island sanctuary defined by thatched architecture, manicured greenery, and an atmosphere that signals immediate departure from the pace of mainland Kampala.
By Ankit Jangla, Bruno Kalibbala and Bruno Edwin Amanya The Stamp Duty (Amendment) Bill, 2026, introduces several measures designed to enhance administrative efficiency, modernise record-keeping requirements, and expand the tax base to
Uganda is paying heavily to keep cash alive. Every year, trillions of shillings are absorbed into an economy still built around physical currency through the systems that print, transport, secure, store, and
By Ankit Jangla, Bruno Kalibbala and Bruno Edwin Amanya The Excise Duty (Amendment) Bill, 2026 introduces a series of revisions to the rates applicable to various excisable goods and services. These proposed