Our Reporter

ATC Uganda, Stanbic Bank and UCC open digital learning hub in Kampala

A new digital learning hub has been opened at Katwe Noor Secondary School in Kampala to improve access to technology, internet connectivity and digital skills for students and surrounding communities. The facility was established through a partnership between American Tower Corporation (ATC) Uganda, the Uganda Communications Commission (UCC), Stanbic Bank Uganda, the Stanbic Kenya Foundation…

Read More

Housing Finance Bank ‘secretly’ sold couple’s home in Najjera. Court has restored their ownership.

In 2009, Barnabas Samuel Aliku and his wife, Christine Mutesi Aliku, purchased an incomplete house in Najeera for Shs 115 million. To finance the purchase and complete construction works, they obtained a mortgage loan of Shs 119 million from Housing Finance Bank. The loan was repayable over 20 years at an initial interest rate of…

Read More

Equity Bank reaffirms support for SACCOs, small businesses

Equity Bank Uganda has reaffirmed its commitment to advancing financial inclusion by strengthening support for Savings and Credit Cooperative Organisations (SACCOs), micro-businesses and grassroots entrepreneurs through tailored financing, financial literacy programmes and sustainability-focused products. Speaking at the Uganda Central Co-operative Financial Services Ltd (UCCFS) annual general assembly held at Silver Springs Hotel in Bugolobi, bank…

Read More

From Scholar to Banker: How Equity Leaders Program turned Shimon Atuyambe’s dream into a career

For many university students in Uganda, higher education comes with financial uncertainty, academic pressure, and growing anxiety about finding employment after graduation. For Shimon Atuyambe, however, one opportunity changed the course of her life. What started as an academic achievement evolved into a life-changing journey through the Equity Leaders Program (ELP), transforming her from a…

Read More

From Kibuli Slums to Big Dreams: How Equity Bank is transforming Reagan Tumusiime’s future through education

  For many young Ugandans, success begins as a distant dream shaped by ambition but often limited by circumstance. For Reagan Tumusiime Gibril, that dream started in the crowded slums of Kibuli and has steadily grown through determination, hard work, and an opportunity offered by Equity Bank Uganda. Tumusiime, a student of God Cares High…

Read More

Consumer rights group wanted African Queen to stop calling itself “No. 1 Distributor.” It lost the case

On its vehicles, billboards, and advertisements, African Queen Limited, a distribution company, refers to itself as the No. 1 Distributor of goods in Uganda. It turns out that not everyone is happy about this claim. Adlegal International, a consumer protection body, says this amounts to deceptive advertising. So early this year it decided to register…

Read More

Museveni drops 22 ministers in sweeping cabinet reshuffle

President Museveni yesterday unveiled a new cabinet, dropping at least 22 serving ministers, including long-serving Finance minister Matia Kasaija, Energy minister Ruth Nankabirwa, and Evelyn Anite, the minister of state for Investment. Jessica Alupo was retained as Vice-President, and Robinah Nabbanja continued as Prime Minister. Former speaker, Rebecca Kadaga, was elevated to the first Deputy…

Read More

Equity Bank Uganda scoops three major diaspora banking awards

Equity Bank Uganda has strengthened its reputation in diaspora banking and cross-border remittances after winning three major accolades at the AIDO Network Pan-African Impact Awards. At the awards ceremony held on Saturday, May 23, at Speke Resort Munyonyo during Africa Liberation Week celebrations, the bank was recognised for excellence in cross-border remittances, diaspora banking solutions,…

Read More

URA fined Shs138 million for taxing church-based NGO which imported soya cereal for refugees

The High Court has ordered the Uganda Revenue Authority (URA) to refund more than Shs 73.5 million to the Pentecostal Assemblies of God (PAG) after ruling that the tax body illegally collected Value Added Tax (VAT) on humanitarian food aid imported for South Sudanese refugees. In addition, Justice Susan Odongo also awarded the faith-based organisation…

Read More

Centenary Group, Huawei partner in major push for AI-driven banking

Centenary Rural Development Group Limited and Huawei Technologies Uganda have signed a strategic partnership aimed at accelerating digital transformation and expanding financial inclusion in Uganda and across Africa. The partnership, formalised through a Memorandum of Understanding signed in Shanghai, China, is expected to modernise Centenary Group’s banking systems, strengthen cybersecurity infrastructure and improve access to…

Read More

Stanbic, Agribusiness leaders push for crackdown on counterfeit farm inputs

Stakeholders in Uganda’s agriculture sector have called for stronger collaboration among financial institutions, regulators, manufacturers, and farmers to combat counterfeit agricultural inputs and strengthen food security across Sub-Saharan Africa. The call was made during the second edition of the CropLife Uganda Symposium held at Sheraton Kampala Hotel under the theme, “Emerging trends in seeds, crop…

Read More

He sold his school to Dr Lawrence Mulindwa for Shs 11.2bn. URA wanted him to pay Shs 4bn as tax

Uganda Revenue Authority acted unfairly and highhandedly when it impounded an armoured land cruiser belonging to Dr Jaala Higenyi, the former owner of Ntinda View College, following a tax assessment dispute, the High Court has ruled. In a strongly worded judgment delivered on April 30, Justice Susan Odongo overturned an earlier decision of the Tax…

Read More

MTN, Airtel face fresh pressure as Starlink officially enters Uganda

Uganda’s telecommunications industry is set for one of its biggest disruptions in years following the official entry of Starlink into the country’s internet market, a move expected to increase competition, expand connectivity and place pressure on traditional telecom operators to improve services and reduce prices. The satellite internet provider received its operational licence after a…

Read More

Founder of Biyinzika Poultry ordered to refund Shs 130m to foreign investors over botched land deal

The Supreme Court has ordered Samuel Mukasa, the founder of Biyinzika Enterprises, to refund his foreign business partners more than Shs 130 million after a failed poultry farming land deal. Mukasa and his wife Milly Mukasa established Biyinzika Enterprises Limited, now Biyinzika Poultry International Limited, as a poultry breeder farm in 1990. In a landmark…

Read More

Airtel Africa profit doubles to $813 million due to mobile money growth

Airtel Africa has reported record financial results for the financial year 2026, driven by strong growth in data consumption, mobile money services, and smartphone adoption across its African markets. The telecommunications giant posted constant-currency revenue growth of 24.0%, the highest in its history, while reported revenue rose by 29.5% to $6.415 billion from $4.955 billion…

Read More