Stanbic to Pay Shs 360 Billion Dividend on Back of Strong 2025 Results
Stanbic Uganda Holdings Limited has announced a Shs360 billion dividend payout to shareholders following a strong financial performance for the year ended December 31, 2025, highlighting the Group’s solid growth trajectory and resilient business model. The results mark a pivotal leadership moment, with outgoing Franchise Chief Executive Francis Karuhanga closing
Stanbic Posts Record Shs591 Billion Profit as Deposits and Lending Surge
Stanbic Uganda Holdings Limited has delivered a standout financial performance for the year ended December 2025, posting a profit after tax of Shs 591 billion in a result that underscores its growing dominance and strategic momentum in Uganda’s banking industry. The Group’s total revenue climbed to Shs1.44 trillion, powered by
Museveni Directs Fast-Tracking of Starlink Licensing in Uganda
Elon Musk’s satellite internet venture, Starlink, is edging closer to launching operations in Uganda, signalling a potential shift in the country’s internet landscape, Daily Star has learned. The development follows a recent meeting at State House between Yoweri Museveni and Starlink executives, after which the president reportedly directed authorities to
Fenna Tujjune Pushes Self-Reliance Agenda for Persons with Disabilities at Nansana Eid Celebration
A renewed push for dignity, independence, and equal opportunity for persons with disabilities took centre stage as Fenna Tujjune joined Muslims in Nansana East Zone 2A to mark Eid al-Fitr. Speaking at the celebration, Founder and CEO Ramonah Sarah Olunda emphasized that the organisation is shifting from advocacy to action,
Iran’s Supreme Leader Mojtaba Reflects on War, Urge Unity, and Promote ‘Resistance Economy’
Iran’s Supreme Leader, Seyyed Mojtaba Hosseini Khamenei, delivered his Nowruz message marking the Persian New Year 1405 (March 2026) by framing the past year as one defined by conflict, loss, and resilience, while calling for national unity and renewed focus on economic self-reliance. Khamenei opened with a religious invocation and
Oulanyah’s Father, Mzee Nathan Okori, Dies at Lacor Hospital
Mzee Nathan Okori, the father of the late Speaker of Parliament Jacob Oulanyah, has passed away at St. Mary’s Hospital Lacor, Daily Star has confirmed. Family sources said Okori was rushed to the hospital two days ago after developing respiratory complications. He died today while undergoing treatment. His passing comes
Asia Turns to Fuel Rationing as Hormuz Disruptions Tighten Supply
Asian economies are beginning to feel the squeeze from disruptions in the Strait of Hormuz, with several countries rolling out fuel-saving measures as global oil supplies come under strain. The unfolding crisis driven by rising tensions in the Middle East involving Iran has slowed tanker traffic through one of the
Iran Hits Gulf Energy Lifelines as Conflict Intensifies
Iran has struck at the heart of the Gulf’s energy network, launching a series of retaliatory attacks on key oil and gas facilities in a major escalation of the ongoing conflict. The strikes, carried out over two days, targeted critical infrastructure in Qatar, the United Arab Emirates, and Saudi Arabia—sending
Court Rejects Agasirwe Bail in Kagezi Murder Case
The High Court has denied bail to Senior Superintendent of Police Nickson Agasirwe, delivering a significant setback in the long-running case surrounding the 2015 assassination of senior prosecutor Joan Kagezi. In a decisive ruling, Justice Isaac Muwata found that Agasirwe does not qualify for mandatory bail, despite having spent more
Katikkiro Mayiga backs Shs 15bn Drive for First bone marrow transplant Centre
The Katikiro of Buganda, Owek. Charles Peter Mayiga, has endorsed a landmark initiative to establish Uganda’s first-ever Bone Marrow Transplant (BMT) facility, describing it as a game-changer for the country’s healthcare system. The project spearheaded by the Joint Clinical Research Centre (JCRC) in partnership with Pearl Bank and Rotary Uganda
