Pearl Bank loan book hits Shs 1 trillion
Pearl Bank has crossed the Shs 1 trillion mark in its loan book, up from Shs 749 billion recorded at the end of December 2025. The milestone is a major boost for the bank’s 2024–2028 strategy, which aims to double market share and drive financial inclusion across Uganda. Agriculture and
King Oyo’s body returns home
The body of the late Omukama of Tooro, King Oyo Nyimba Kabamba Iguru Rukidi IV, will return to Uganda on Friday, September 4, as the Kingdom begins final preparations for his burial. The announcement was made on Wednesday by Tooro Kingdom Prime Minister (Omuhikirwa) Calvin Armstrong Rwomiire while addressing journalists
Starlink enters Uganda’s enterprise market
Starlink satellite internet has entered Uganda’s enterprise market following a partnership between Roke Telkom and Paratus Uganda Ltd, the authorised Starlink reseller in the country. The partnership is expected to provide businesses and institutions with an alternative source of high-speed, low-latency internet, particularly in areas where conventional fibre and wireless
Uganda-Nigeria Business Forum Seeks to Unlock New Trade and Investment Opportunities
Uganda and Nigeria are set to deepen economic ties as business leaders, investors and policymakers from the two countries converge in Kampala next week for the Uganda-Nigeria Business Forum and Exhibition 2026, aimed at unlocking new trade, investment and market opportunities between East and West Africa. The two-day forum, scheduled
Museveni names Uganda’s oil ‘Pearl Sweet Petroleum’
President Yoweri Museveni has named Uganda’s crude oil “Pearl Sweet Petroleum” ahead of the country’s planned commencement of oil exports. Museveni said the name reflects the quality of Uganda’s crude oil, which has a low sulphur content. Crude oil with low sulphur is generally considered more valuable on the international
Sun Sets At Kuri Evening Chill set for launch this weekend
Kampala’s social scene is set to welcome a new themed party, Sun Sets At Kuri Evening Chill, which will be launched this Saturday, September 5, at Kuri Hotel Buziga. The inaugural event promises an evening of relaxation, music and luxury, with guests treated to chill music, unlimited cocktails, live barbecue
How Stanbic made Uganda home 35 years ago
It is 1991. Kampala Road is paved with tarmac. The buildings lining both sides of the road are mostly single-story structures, housing modest businesses such as video libraries, black-and-white photo studios, hairdressing salons, and even dairy shops. On one side of this road – where Mapeera House and Kampala Boulevard
Inside ‘Stay Switched On’ Campaign to Strengthen Fight Against Cyber Fraud
Stanbic Bank Uganda has launched ‘Stay Switched On’, a new anti-fraud awareness campaign aimed at equipping customers with the knowledge and tools needed to protect themselves against the growing threat of digital and cyber-enabled financial fraud. The cases nearly doubled from 245 in 2023 to 474 in 2024. The cases
Kibogo prison warder pleads guilty to killing four, robbery and threats
The High Court sitting in Kiboga has convicted Prison Warder Anguyo Moses on seven criminal charges after he pleaded guilty to the murder of four people, aggravated robbery at gunpoint and threatening violence against SP Niwagaba Ivan, the officer in charge of Kiboga Government Prison. The accused pleaded guilty to
Court orders Paramount Hospital to pay Shs48m over breach of contract
The High Court has ordered Paramount Hospital Kampala Ltd to pay Shs48 million to Medequip Uganda Ltd for breach of a contract for the supply of medical equipment. Medequip Uganda Ltd told court that it entered into an agreement with Paramount Hospital Kampala Ltd on November 2, 2019, for the
