This festive season, Pearl Bank (formerly PostBank Uganda) reminded customers that banking can still feel human, warm, and personal, as it concluded its Christmas campaign dubbed “Pearl Santa.” The campaign culminated in courtesy visits to key media houses including Nation Media, Vision Group and Next Media, in appreciation of their continued support in shaping and amplifying the Pearl Bank story, particularly during the Bank’s transition from PostBank to Pearl Bank. The Christmas season is traditionally marked by togetherness, joy and shared moments with family and friends, and Pearl Bank aligned its festive engagement to reflect this spirit. Through surprise visits,…
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In a dramatic twist at the Uganda National Bureau of Standards (UNBS), Trade Minister Francis Mwebesa has rescinded his earlier directive that sent Executive Director Eng. James N. Kasigwa on forced…
dfcu Bank has officially launched the first corporate Rotary club in Uganda, under the name Rotary Club of Kampala, Blue Hearts, during a Charter Ceremony that was held on Saturday…
Uganda has quietly signed on to a contentious U.S. migration plan taking in some non-Ugandan deportees from other African countries so their protection claims can be examined in Kampala. The…
In a bold move to deepen financial inclusion across Uganda, Wendi, a digital mobile wallet developed by PostBank Uganda which has embarked on a journey to rebrand to Pearl Bank,…
Kampala’s residential property market is in the midst of a quiet but telling transformation. Once dominated by Western expatriates tied to NGOs, diplomatic missions, and donor-funded projects, the demand landscape is increasingly being driven by Asian expatriates—particularly professionals from China, South Korea, and other Asian economies—associated with large-scale infrastructure, industrial, and corporate investment projects. The sudden suspension of U.S. aid to Uganda has had a direct impact on the sector. The aid cut has left a UGX 604 billion hole in the national health budget, forcing several large NGOs and related service providers to scale back or exit leases entirely. …
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Once the lifeblood of commerce and connectivity, Uganda’s railway network is undergoing a significant transformation, fueled by ambitious plans to revitalise existing infrastructure and introduce a modern standard gauge system. The government signed a €2.7 billion contract in November 2024 to construct the Eastern Route Standard Gauge Railway (SGR) line. This construction will span 272 km between Tororo and Kampala, with works expected to take 48 months. The initial phase, connecting the key border point of Malaba with the capital city Kampala, is progressing, marked by ongoing land acquisition and construction. This renewed focus aims to unlock the railway’s potential…
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The High Court has directed Bank of Uganda (BoU) to pay UGX 200 million to an interior design firm, C&S Upholstery Limited, for unfairly disqualifying it from a multi-billion contract to supply and install carpets at the central bank’s headquarters in Kampala. In a ruling delivered by Justice Musa Sekaana, court noted that Bank of Uganda had breached its statutory duty of fairness and transparency in the procurement process by wrongly rejecting C&S Upholstery’s bid over allegations of forgery. Court found no credible basis for Bank of Uganda’s actions, which caused financial losses and reputational damage to the company. Bank…
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In the previously war-ravaged and tightly knit community of Locomo in Kitgum District, the local clan has a saying: “The land belongs to the dead, it is under the care…
