Two banks run half the money game in Uganda based on profits. Stanbic Bank leads with almost thirty percent market share. Centenary Bank follows at about twenty-one percent. Absa Bank holds third place with nearly eleven percent market share. Small banks like Exim Bank, Cairo Bank UBA struggle at the bottom with less than one percent each.
The top banks work well enough to make good returns. They can help pay for roads, farming loans, and other large national needs. Stanbic Centenary plays a key role in government money lending for small businesses. These activities help keep Uganda's money strong during hard times. The problem comes when a few banks control everything.
Less competition might block new ideas, limit loans to special...
Uganda military leaders met with President Museveni at State House for two days to talk about safety issues. They checked how secure the country stands today. The group looked at army work in Congo, Somalia South Sudan. Museveni asked soldiers to protect people with different political ideas from threats.
The president wants troops to keep peace across Africa for better security everywhere. Military chief General Muhoozi thanked Museveni for his guidance and promised Uganda would stay safe under their watch. The army builds up its skills to guard citizens' property. It trains with other countries to make everyone safer.
Defense Minister Oboth Oboth came with other top officials. Many commanders joined from different parts of the...
Tech leaders talked about making AI instead of just using it at a meeting held at Speke Resort on Thursday. Microsoft Africa head Catherine Muraga said AI might add almost two trillion dollars to African money growth. She pointed out how young African people could help their countries benefit from new computer systems. Only five percent of African AI workers have enough computer power for their jobs right now.
Microsoft plans to spend one billion dollars with G42 on a Kenya data center powered by steam from the ground. The Uganda Communications boss, George Thembo, felt happy that people discussed AI outside labs for once. He warned against letting fear stop progress with these new tools. Several AI projects already help Africa, such...
Media star Marcus Kwikiriza might run for Parliament in Rukungiri town in 2026. He posted on X about joining the race for the 12th Parliament. People are talking about his plan as the area faces slow growth problems.
Kwikiriza leads the basketball group FUBA right now. He feels sad about how little his hometown has grown despite its good location. He wrote that Rukungiri lacks famous schools, nice hotels, or even a special crop that people know. His work history covers twenty years in radio across three East African countries.
Many think his skills can help change the old town. Young people love his ideas for fresh changes after years of nothing happening. Roads link the town to other places, making it perfect for new businesses with...
President Museveni talked with UAE leader Sheikh Abdullah at Entebbe yesterday. They met for just one day, but signed many papers about working together. Museveni said Uganda started making friends with Arab countries like Egypt back when they fought for freedom. The president spotted good chances for both nations after he visited the UAE eleven years ago.
Museveni wants UAE businesses to build factories in Uganda. He thinks they could help make better roads to connect Uganda with other markets nearby. Sheikh Abdullah said nice things about Uganda from his country's leaders. He promised UAE wants to sell more things to Uganda. Both men watched as their helpers signed six different agreements about roads, learning jobs, travel passes...
Thirteen Ugandan kids aged 9 to 12 compete at the Open Africa Championship robotics contest in Cape Town. They face teams from 38 countries across five continents, including the USA, Europe, Asia, Latin America, and many African nations. These young minds from Greenhill Academy Buwate belong to the NextGen STEM program, which builds innovation skills among students nationwide. Their teacher, Mellon Kenyangi, believes these children will show Uganda can excel in science and tech globally.
The competition tests how well students design and program LEGO and Rev robots, and also checks teamwork and research abilities. For most kids, this marks their first trip abroad for robotics, which mixes learning with cultural experiences. The Ugandan...
ODM party dressed MP Were casket with bright orange colors at his burial Friday. The lawmaker asked friends last year to wrap him in party flags when he died. He spoke these words during another party member's funeral. Orange filled the air as many fans came to say goodbye at his home in Kachien. The party handed out caps with matching scarves for people attending.
Party official Sifuna felt happy they kept Were's wish with all the oranges on display. Leaders packed the Karabok school grounds to talk about Were strong love for ODM. Governor Wanga said the room looked exactly as Were wanted it. A gunman shot Were April 30 near City Mortuary after he tried to stay safe from danger. The police learned attackers had watched him for days...
Boyd Were told that funeral guests, his family, stand strong despite his dad being killed. He spoke at Karabok Primary School, saying the murder aimed to scare them but made them stronger instead. The young man promised to keep his family firm with the ODM party ties. He vowed to carry on his father's MP legacy without fear. Mourners cheered as he shared these brave words.
People think the family might put someone up for the empty seat after the MP died on April 30. Party leaders asked them to run a family member in the upcoming special election. Boyd already showed his public speaking skills when the body came to Homa Bay on May 8. He earlier called his dad his hero during the church service on May 7. Boyd said his father taught him...
Lamu woman lawmaker Marubu Muthoni made funeral guests laugh Friday when she said she might marry one of the dead MP Were's sons. She told the crowd MP Were had shown her his two boys, close to her age. She showed her empty ring finger to Raila Odinga, saying she would welcome his son if sent to Parliament. The crowd roared as she walked off stage after her bold statement.
Muthoni praised Were as a man who cared for his family. She said he always stood up for women's rights. MP Were once asked why men keep lovers instead of making them wives. Gunmen shot MP Were near City Mortuary on April 30 around 7:30 p.m. He had asked police for help before his death because someone had followed him.
Police caught ten people, but think more...
