As the 6th Annual National Content Conference concluded on Thursday, Ugandan enterprises were given a compelling directive: broaden their focus beyond domestic projects and actively pursue lucrative opportunities in the growing regional oil…
The recent groundbreaking ceremony for The Bridge Kololo, the second high-end project by VAAL Real Estate Uganda, is not merely a construction milestone; it represents a powerful force accelerating Uganda’s socio-economic transformation…
In a major move signalling strengthened financial ties between Africa and China, MTN Group President and CEO Ralph Mupita on Wednesday hosted the leadership of the Standard Bank Group and the Industrial…
Vodafone Secures 55% Majority in Safaricom After USD $1.6 Billion Acquisition from Kenyan Government
Safaricom Plc, East Africa’s largest telecommunications provider under the leadership of Dr. Peter Ndegwa as CEO, is undergoing a massive ownership restructuring following a multi-billion-dollar agreement that will see Vodafone Kenya Limited…
The Leader of the Opposition in Parliament, Rt. Hon. Joel Ssenyonyi has publicly criticised the government’s decision to allocate Shs5.4 billion toward purchasing a power stabiliser for Roofings Limited in Namanve Industrial…
Uganda’s oil and gas sector has entered its most critical phase: the historic transition from infrastructure development to commercial production. This shift was the central theme of the 6th Annual National Content…
The Uganda National Bureau of Standards (UNBS) is spearheading a major national quality overhaul to unlock Uganda’s ambitious goal of achieving 10-fold economic growth over the next 15 years. This transformation is…
The future of Africa’s financial landscape hinges on building capital markets that are not just technically sound but fundamentally serve the needs of ordinary citizens. This was the central message delivered by…
As Uganda prepares for its historic transition from infrastructure development to the production phase of its oil and gas sector, the focus is shifting sharply from drilling to cultivating a lasting legacy…
The launch of the Stanbic Digital Creators Summit 2025, to be held on December 11th at Speke Resort Munyonyo, has been hailed as a pivotal moment for Uganda’s fragmented digital space, signalling…
The banking sector in Uganda remains robust and highly resilient despite prevailing global economic volatility, according to Mr. Michael Atingi-Ego, Governor of the Bank of Uganda (BoU). Following an engagement this week…
Uganda has positioned itself at the forefront of African air navigation modernisation by hosting the critical Civil Air Navigation Services Organisation (CANSO), the ICAO System-Wide Information Management (SWIM) and Flight and Flow…
A new chapter in strengthening Uganda’s digital financial ecosystem was unveiled on Monday as MTN MoMo officially launched the MoMo Agent Loans Marketplace, a collaborative platform designed to tackle the persistent challenge…
From Likes to Real Money: Stanbic Ongea Summit Focuses on Monetising Uganda’s Digital Creator Talent
The upcoming Stanbic Ongea Digital Creators Summit 2025, slated for December 11th, at Speke Resort Munyonyo, is setting its sights on transforming Uganda’s vibrant, youth-driven content creation scene from a platform for…
The Authority’s success over the past decade demonstrates a robust regulatory environment that is translating resource wealth into tangible benefits for Ugandans. Mr. Ernest Rubondo, Executive Director of the PAU, while appearing…
Uganda’s commitment to youth-led climate action took center stage as MTN Uganda, in partnership with the Worldwide Fund for Nature (WWF) Uganda, announced the national winners of the PachiPandaUG25 Innovation Challenge on…
Uganda has marked a major milestone in its commitment to global environmental protection and climate action with the official presentation of the Final Draft Report of the Feasibility Study for the Sustainable…
Stanbic Bank CEO Kalifungwa Champions Digital Partnerships to Transform Uganda’s Microfinance Sector
The 3rd Annual National Microfinance and Savings Groups Conference 2025 concluded with a strong consensus on the need to accelerate digitisation to achieve deeper financial inclusion in Uganda. At the heart of…
Stanbic Bank Uganda, in a major strategic collaboration with the Uganda Communications Commission (UCC), Ongea Africa, and the Uganda Digital Society (UDS), has officially launched the Stanbic Ongea Digital Creators Summit 2025,…
The dialogue, held in Kampala, emphasised the urgency of transitioning customary land ownership into a legally recognised form of collateral to unlock affordable finance for smallholder farmers and Micro, Small, and Medium…
The 48th East African Consultative Meeting on the Facilitation of Air Transport (EACFAL) officially convened at Speke Resort Munyonyo, Kampala, today, bringing together high-level delegates from East African Community (EAC) member states…
The Uganda Development Bank (UDB), the nation’s premier development finance institution, has launched its new regional office in Hoima City, marking a strategic expansion aimed at deepening financial inclusion, fueling economic growth,…
The Ugandan government, under the visionary leadership of H.E. President Yoweri Kaguta Museveni, is actively pursuing transformative investment to accelerate job creation and solidify the nation’s position as a hub for responsible…
Standard Bank Group, Africa’s largest financial institution by assets, officially inaugurated its Representative Office in Egypt at a high-profile event held at the iconic Pyramids of Giza a few days ago. This…
Key leaders who gathered at the inaugural Kampala Blockchain Summit, held on Tuesday, November 25, 2025, agreed that the future of Uganda’s economy lies in harnessing the potential of emerging technologies like…
The milestone was commemorated with a bell-ringing ceremony today, celebrating the significant oversubscription of the note. According to Frank Mwiti, Chief Executive of the Kenya Securities Exchange (KSE), the first tranche was…
The Uganda National Oil Company (UNOC) and China Oil Services Limited (COSL Uganda-SMC) have reaffirmed their strategic alliance, signing the First Addendum to their existing Memorandum of Understanding (MOU). This pivotal move…
Recognising that the battle against financial fraud is now fought in the digital space, Stanbic Bank Uganda, in collaboration with the Uganda Bankers Association (UBA), has launched a strategic initiative engaging online…
The official handover of the operating license to Pearl Bank Uganda Limited by the Governor of the Bank of Uganda (BoU), Dr. Michael Atingi-Ego, marks a significant milestone that dramatically repositions the…
In a major boost for intra-African connectivity, Uganda Airlines, under the leadership of Ms. Jenifer Bamuturaki as CEO, has finalised an interline agreement with Airlink, Southern Africa’s leading regional carrier. This strategic…
In a decisive response to Uganda’s critical challenge of youth unemployment, estimated at a staggering 75%, Stanbic Bank Uganda is launching the inaugural Stanbic Ongea Digital Creators Summit 2025. Slated for December…
MTN Uganda has been publicly recognised as the country’s Top Taxpayer for the last three consecutive years, underscoring its pivotal role in funding Uganda’s ambitious national development agenda. The prestigious recognition was…
Uganda mounted a highly successful campaign at the Warsaw International Tourism and Travel Fair (TT Warsaw) over the weekend, cementing its position as a premier destination for adventure and high-quality speciality coffee…
The Uganda Cancer Institute (UCI) has issued an urgent public health warning, confirming that Prostate Cancer has become the most commonly diagnosed cancer among men in Uganda and remains a leading cause…
The Bank of Uganda (BoU) has moved to dispel persistent confusion regarding the oversight of Savings and Credit Co-operative Organisations (SACCOs), firmly stating that it retains full supervisory authority over large SACCOs…
A new chapter for Uganda’s industrial and pharmaceutical landscape began in Busoga this week as H.E. President Yoweri Museveni commissioned the US$50 million (Shs182 billion) DEI BioPharma Starch Processing Factory in Busambu–Namasagali.…
Standard Bank, Africa’s largest bank by assets, has become the first financial institution on the continent authorised to conduct transactions through China’s Cross-Border Interbank Payment System (CIPS). This landmark integration, inaugurated this…
Uganda has launched a major economic diplomacy push in the Middle East, showcasing the “Naturally Uganda, Naturally Organic” brand at the prestigious Organic and Natural Expo in Dubai. This initiative, driven by…
Stanbic Bank Uganda has been recognised for its deep commitment to sustainable business practices, winning the prestigious ESG Excellence Award at the Uganda Bankers Awards Gala. The accolade, presented by the Uganda…
Uganda has taken center stage in shaping Africa’s mineral future by hosting the 17th Annual General Meeting (AGM) of the Organisation of African Geological Surveys (OAGS). At the strategic three-day gathering held…
The GROW Project Uganda achieved a landmark victory for gender equality and economic transformation with the launch of the Women Entrepreneurs Finance (We-Fi) Code at a function held in Kampala on Wednesday,…
There is a popular saying in governance circles that “Executive Directors bury the bodies, and Non-Executive Directors must find them.” The statement is tongue-in-cheek, but it captures one of the most delicate…
Stanbic Bank, Uganda’s largest commercial bank, this week launched a major 18-month-long brand campaign titled “Keep Growing.” This initiative represents a significant commitment to national development, aligning the bank’s operational strategy with…
Uganda’s ambitious goal of achieving 10-fold economic growth over the next decade, anchored in industrialisation and digital transformation, faces a severe roadblock: a massive disconnect between existing mobile infrastructure and actual usage.…
Uganda Airlines, the nation’s flag carrier, under the leadership of Jenifer Bamuturaki as Chief Executive, is facing a severe crisis of confidence following a recent baggage debacle and escalating revelations of profound…
In a decisive move signalling a commitment to continental integration, Rwanda has officially implemented visa-free entry for all African citizens. Announced by President Paul Kagame, this landmark policy dismantles long-standing travel barriers…
Uganda successfully concluded a highly productive series of bilateral air services negotiations at the 17th International Civil Aviation Organisation (ICAO) Air Services Negotiation (ICAN2025) event. The outcomes, including agreements with nations across…
Africa’s journey in battling devastating diseases like HIV/AIDS and malaria has been a story of resilience and hard-won progress. Yet, this progress is constantly threatened by a systemic issue that hampers access…
MTN MoMo secured a resounding victory at the Digital Impact Awards Africa (DIAA2025) held in Kampala on Friday evening, bringing home four prestigious accolades, including Digital Brand of the Year and Financial…
The Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) is actively focused on optimising its institutional capacity to enhance service delivery and reinforce its sector workforce. This commitment was highlighted on Friday…
Africa’s financial landscape is being radically reshaped by mobile money, with platforms like MTN MoMo, under the stewardship of Richard Yego as Chief Executive, driving the vision of a truly connected, borderless…
PostBank Uganda Ltd, under the leadership of Mr. Julius Kakeeto as Managing Director, is celebrating a major institutional and strategic evolution, culminating in its reinvention as Pearl Bank. This transformation journey, spanning…
Uganda recently held the 14th Annual Mineral Wealth Conference (AMWC2025) in Kampala under the inspiring theme, “Sustainable Mineral Development through Collaboration, Innovation and Green Transitions”, during which key players in the mineral…
Rwanda and the United Kingdom (UK) formalised their commitment to enhanced air travel and economic cooperation by signing a Bilateral Air Services Agreement (BASA). The agreement was concluded during the opening of…
A momentous convergence of industry, agriculture, and cutting-edge innovation is set to redefine Uganda’s economic landscape and significantly bolster its role in African pharmaceutical security. On November 20, 2025, H.E. President Yoweri…
The future of Uganda’s microfinance and savings sector took center stage at the 3rd Annual National Microfinance and Savings Groups Conference, held at Hotel Africana, in Kampala this week. Held under the…
Uganda has achieved a significant milestone in expanding its global aviation footprint by successfully concluding a Bilateral Air Services Agreement (BASA) with the Republic of Argentina. This strategic new partnership, alongside the…
The National Social Security Fund (NSSF) Uganda has today announced a partnership with Interswitch Group, one of Africa’s leading digital payment and e-commerce companies, to extend social security services to more Ugandans…
The All-Africa Pension Summit 2025 was the center-stage for a compelling address by Ahunna Eziakonwa, the UN Assistant Secretary-General and Director of the UNDP Regional Bureau for Africa, who urged African leaders…
Mobile Money (MoMo by MTN) is reaffirming its role as a key driver of financial inclusion in Uganda, leveraging cutting-edge digital innovations to connect the unbanked and empower entrepreneurs. The company’s commitment…
Yvonne Manzi Makolo, the Chief Executive of RwandAir, is spearheading a strategic, high-impact drive to transform Rwanda’s national carrier and the country’s aviation sector into a formidable African hub. Her vision is…
Stanbic Bank Uganda is solidifying its position as a key partner in Uganda’s economic transformation, anchoring its strategy on the deliberate empowerment of Women, Youth, and Farmers (WYF). This commitment was highlighted…
Stanbic Bank Uganda has officially launched the Stanbic Green Tech Accelerator Program, a landmark two-year initiative in partnership with the Ambassade de France en Ouganda. This program is designed to be a…
The Uganda Civil Aviation Authority (UCAA) has reiterated its commitment to fuel Uganda’s socio-economic transformation by ensuring the growth of trade and tourism as key economic drivers. This was revealed on Friday,…
The All Africa Pension Summit (AAPS) 2025 provided a crucial forum for African financial leaders to strategise on harnessing the continent’s vast capital reserves. In a high-impact keynote address on Day Two…
Rwanda is leveraging the global stage of the 8th China International Import Expo (CIIE) in Shanghai to significantly strengthen its trade, investment, and diplomatic ties with China and the wider Asian market.…
The All Africa Pension Summit, hosted by Uganda, witnessed a powerful and passionate call to action from Hon. Betty Amongi Ongom, the Minister of Gender, Labour, and Social Development, who urged pension…
FINCA Uganda Limited (MDI) has once again secured the coveted Financial Reporting Award (MDI Category) for 2025, an achievement that extends far beyond the realm of accounting. This consistent display of excellence…
The three-day All Africa Pension Summit (AAPS) 2025, which kicked off today at the Speke Resort Munyonyo Conference Center, served as a crucial platform to address Africa’s soaring infrastructure needs and the…
Stanbic Bank Uganda is strategically executing its commitment to drive Uganda’s growth not only through finance and commerce but also by addressing fundamental social well-being, particularly in areas crucial for community and…
The regulatory landscape for Savings and Credit Cooperative Organisations (SACCOs) in Uganda is undergoing a significant transformation. The Bank of Uganda (BoU) has initiated a decisive move to issue licenses to large…
The participation of the Governor of the Bank of Uganda (BoU), Mr. Michael Atingi-Ego, at the prestigious 49th Annual Central Banking Seminar, hosted by the Federal Reserve Bank of New York (NY…
MTN Rwandacell Plc (MTN Rwanda), under the able leadership of Chief Executive Mr. Monzer Ali, has announced a significant recovery and strong commercial momentum in its unaudited financial results for the quarter…
Stanbic Bank Uganda’s unwavering commitment to financial inclusion and inclusive growth has earned high praise from local leaders in the Karamoja sub-region. The commendation came today during the official opening of the…
The Government of Uganda, through the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF), Pearl Bank and other partners, has launched a decisive, systemic initiative to safeguard its massive livestock industry and…
Uganda is taking decisive steps to secure its role in Africa’s growing digital future, recognising mobile connectivity not merely as a convenience, but as essential economic infrastructure. The launch of the Uganda…
A high-powered delegation from the East African Civil Aviation Academy (EACAA) has initiated a strategic partnership with the Zambia Air Services Training Institute (ZASTI), marking a significant step toward regional harmonisation and…
In the architecture of corporate governance, trust is the invisible thread that connects every key relationship: between the Board and Management, Management and staff, the Board and shareholders, and the organisation and…
Uganda’s long-anticipated journey to oil production this week received a major vote of confidence from the country’s top government officials. Ms. Lucy Nakyobe, the Head of Public Service and Secretary to Cabinet,…
The appointment of Ugandan investment banker Anne Aliker as the Head, Africa Regions, Corporate and Investment Banking (CIB) at Standard Bank Group, Africa’s largest bank by assets, is a monumental milestone that…
The Ministry of Works and Transport, in conjunction with the Uganda Civil Aviation Authority (UCAA), convened the National Air Transport Facilitation Committee (NATFC) meeting on October 29, 2025, at Entebbe International Airport…
A high-level, strategic meeting between the Uganda Tourism Board (UTB) and Uganda Airlines held early this week marks a pivotal moment for the country’s tourism sector. By formally aligning their efforts, the…
Airtel Africa plc announced its results for the half-year ended September 30, 2025, highlighting consistently strong performance that reflects sustained customer demand and the continued effective execution of its customer-centric strategy. The success of…
In a powerful display of market demand and digital innovation, Airtel Money Uganda has redefined agent liquidity with the launch of Airtel Easy Float. In partnership with FINCA Uganda Limited (MDI) and Kuunda, the groundbreaking service allows mobile money agents to instantly access float loans, ensuring continuous service and preventing the crippling halts in transactions…
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In a significant step toward regional integration and economic prosperity, a delegation of senators from the Kenyan National Agriculture Committee visited Uganda’s Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) in Entebbe…
The latest traffic figures from Entebbe International Airport (EIA) for September 2025 paint a vivid picture of a Ugandan economy demonstrating resilience and dynamic growth, particularly in its vital trade and tourism…
The Uganda National Oil Company (UNOC) has achieved a major milestone in its operational journey by officially joining the International Association of Oil and Gas Producers (IOGP). This strategic membership, announced by the UNOC, is a powerful signal of Uganda’s commitment to adopting the highest global standards in the development of its budding oil and…
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During the global spotlight of the MWC25 (Mobile World Congress), MTN Uganda CEO Sylvia Mulinge delivered a powerful keynote at the “Fintech and Commerce Summit: Strategic Collaborations Enabling Winning Strategies.” Her reflections…
Uganda successfully hosted the Second Uganda-Qatar Business Forum in Doha on Monday this week, marking a significant step in its strategy to leverage economic and commercial diplomacy for national growth. Held under…
Rwanda is cementing its reputation as an economic success story, and a new study has reaffirmed the powerful role of tourism as the country’s primary economic driver. A recent two-day validation workshop on…
The future of Uganda’s digital economy, powered by mobile financial services and driven by artificial intelligence, hinges on a single factor: collective cybersecurity. This was the definitive takeaway from the EastCon Cybersecurity…
A new chapter of empowerment and aggressive market expansion is being written in Uganda’s financial sector. David A. Wandera, a local son with Pan-African expertise, has made history as the first Ugandan…
In a world obsessed with fast growth and louder voices, Dr. Diane Karusisi is proving that quiet power can shake markets, shape nations, and redefine what leadership looks like; especially in Africa’s…
The African financial and trade communities convened over the weekend in Cairo, Egypt, to bid farewell to a leader whose tenure fundamentally reshaped the continent’s economic landscape: Professor Benedict Oramah, the outgoing…
A defining moment for African health and scientific independence was announced at the 4th International Conference on Public Health in Africa (CPHIA 2025), as Dei BioPharma Founder Dr. Matthias Magoola revealed that…
A significant diplomatic and financial fallout is unfolding between Uganda and Germany following the abrupt recall of crucial funding agreements with the German Development Cooperation (GIZ). Two pivotal government agencies, the National…
The rapid growth of Uganda’s digital economy, largely fueled by mobile money services, faces a critical threat: financial fraud. Recognising that the entire foundation of financial inclusion rests on consumer trust, MTN…
Uganda is reaffirming its commitment to leveraging cutting-edge digital innovation to drive its national development agenda. This was the central message delivered by the State Minister for National Guidance, Hon. Godfrey Kabbyanga,…
Stanbic Bank Uganda and PostBank Uganda Limited (soon to be Pearl Bank Uganda) have announced a strategic partnership to link their respective mobile wallet platforms, FlexiPay and Wendi Wallet, a significant move that…
In a groundbreaking partnership that redefines financial inclusion, Pride Bank Limited Uganda and Jubilee Health Insurance Company of Uganda have launched PrideCare, a savings account with embedded health insurance cover. This strategic…
When an organisation operates smoothly, when decisions are timely and well-informed, and when trust flows naturally between leaders and stakeholders, few stop to think about why. Yet beneath that calm lies a…
Spiro, the leading two-wheel electric mobility in Africa, has cemented its position at the forefront of the continent’s clean energy transition by announcing a landmark $100 million (about Shs348.7 Bn) investment round…
A dark shadow of disease control is being cast over livestock farmers in Western Uganda ahead of this year’s festive season following an outbreak of anthrax in the region. The Ministry of…
The announcement that Coca-Cola HBC (CCH) is acquiring a controlling 75% stake in Coca-Cola Beverages Africa (CCBA) for $2.6 billion (about Shs9.4 trillion) is more than just a massive transaction; it’s a…
Uganda’s financial sector is taking a decisive stand against the escalating threat of economic crime, recognising that the battle must be fought on two separate fronts: the enduring challenges of traditional fraud…
The African Continental Free Trade Area (AfCFTA) is rapidly shifting from a policy ambition to a reality, with an increase in national-level activities underscoring Africa’s commitment to economic integration. Recent developments in Ethiopia,…
The East African Capital Markets Conference (EACMC 2025), held in Kampala this week, concluded with a powerful consensus: the future of the region’s finance lies in the strategic embrace of Digital Transformation…
Uganda Powers Sustainable Future with Launch of Clean Cooking Unit to Drive Universal Access by 2040
The Ministry of Energy and Mineral Development (MEMD) has taken a decisive leap toward realising Uganda’s ambitious clean energy goals with the official launch of the Clean Cooking Unit (CCU). Unveiled during…
NIC Holdings Limited, a listed company on the Uganda Securities Exchange (USE) under the leadership of Elias Edu as Managing Director, has delivered a sharp warning to its investors, announcing an expected…
The Ministry of Energy and Mineral Development (MEMD) on Monday announced the conclusion of its Sustainable Energy Development Programme Performance Review, a pivotal platform used to finalise plans for the National Budget…
Uganda is set to transform its climate challenges into massive investment opportunities, an agenda driven by the recent introduction of the nation’s green taxonomy. This was the central theme of the opening…
Rwanda reaffirmed its position as a leading African investment destination during the recent Rwanda Country Summit at the AFSIC: Investing in Africa 2025 conference in London, UK. Co-hosted by the Rwanda Development…
In a strategic move to solidify its position as one of Africa’s most captivating travel destinations, Uganda successfully hosted the Uganda Tourism Roadshow in Lusaka, Zambia, from October 17–19. Held under the…
The East Africa Capital Markets Conference (EACMC 2025), hosted a few days ago in Kampala by the Capital Markets Authority (CMA) Uganda in partnership with the Uganda Securities Exchange (USE), signalled a…
In a powerful validation of its commitment to ethical leadership, strategic foresight, and a culture of excellence, Pride Bank celebrated a major triumph at the Uganda CFO Awards 2025 on Thursday this…
Uganda has embarked on a decisive path toward a fully digital economy with the launch of the Ministry of ICT and National Guidance’s Five-Year Strategic Plan (FY 2025/26 – FY 2029/30). Unveiled…
The Uganda Development Bank (UDB), the nation’s Development Finance Institution (DFI), is intensifying its efforts to secure essential resources for the country’s socio-economic transformation. This was highlighted this week by a high-level engagement with…
In a powerful demonstration of corporate responsibility intersecting with strategic growth, Glovo, a leading on-demand multi-category delivery platform, and community-based organisation Haba Na Haba have announced a compelling milestone: the successful rescue…
As Uganda edges closer to large-scale commercial oil production, the conversation is shifting from resource extraction to responsible development. At the heart of this transition is the Uganda National Oil Company Limited…
Uganda has achieved significant international recognition at the prestigious World Food Forum’s (WFF) flagship event in Rome, Italy, where the country was honoured as an outstanding global leader in the implementation of…
Mobile Money has transformed Uganda’s financial landscape, but with convenience comes complexity. As mobile money platforms become central to the economy, the battle against fraud intensifies. This challenge is front and center…
The Uganda Cancer Institute (UCI) has sounded a clear and urgent alarm this Breast Cancer Awareness Month: “Early Detection Saves Lives.” As the leading cancer among women in Uganda, the disease presents…
The celebration of Emirates Airlines’ 25th Anniversary of operations in Uganda this week has cast a spotlight on the pivotal role of the Uganda Civil Aviation Authority (UCAA) in positioning Entebbe International…
The Common Market for Eastern and Southern Africa (COMESA) Competition Commission has dealt a significant blow to the operating model of Uganda Breweries Limited (UBL), a subsidiary of the global giant Diageo…
In a move that underscores its commitment to driving socio-economic transformation, Stanbic Bank Uganda today rolled out its strategic financial literacy campaign, starting with a high-impact session in Mbarara. The initiative, part…
A strategic collaboration between MoMo by MTN and the Uganda Securities Exchange (USE) is set to revolutionise how ordinary Ugandans access investment opportunities, moving the process from the brokerage office to the mobile…
In a high-impact move to capture a significant share of the world’s largest outbound tourism market, the Uganda Embassy in Beijing, in partnership with the Consulate General in Guangzhou, utilised the nation’s…
The recent high-level meeting between the Uganda Development Bank (UDB) and the Kuwait Fund for Arab Economic Development (KFAED) marks a significant diplomatic and financial breakthrough for Uganda. Held on the sidelines…
Africa is set for a significant strategic intervention as the continent’s top strategy professionals, policymakers, and business leaders converge in Kampala, Uganda, for the inaugural International Association for Strategy Professionals (IASP) Africa…
The 20th NAFISAT Supervisory Board Meeting, hosted this week by the Uganda Civil Aviation Authority (UCAA) at Speke Resort Hotel Munyonyo in Kampala, underscores Uganda’s pivotal role in regional air navigation and…
The Uganda National Oil Company (UNOC) has taken a decisive stride toward securing its energy future and cultivating homegrown technical leadership by signing a landmark Memorandum of Understanding (MOU) with the global…
The path to sustainable and resilient economic growth in East Africa lies not just in capital investment, but in the strength of collaboration between investors and government policymakers. This was the core…
A historic moment in African aviation unfolded over the weekend as the Mission Aviation Fellowship (MAF) Cessna float plane successfully took off from Entebbe, instantly reigniting the sense of connectivity across the…
African nations can unlock the full value of AfCFTA and empower traders, especially small businesses, to participate in cross-border commerce with confidence As global trade dynamics shift and economic gravity increasingly tilts…
Dr Ould Tah thanked President Hichilema and the Zambian people for hosting the ADF-17 replenishment meeting, a key milestone in mobilising concessional resources for Africa’s most vulnerable countries Zambia has voiced strong…
A devastating drowning incident at the Busowoko Falls in Jinja city over the weekend has not only claimed the life of a respected public official and expert in the gas and oil…
For too long, corporate governance discourse has portrayed the Company Secretary as the power behind the throne; a shadowy yet influential figure whispering counsel from behind closed doors. While poetic, that phrase…
Min. Rwamirama Highlights Poultry Sector’s Role in Uganda’s Economic Transformation and Job Creation
Uganda’s poultry sector is emerging as a powerful engine for national development, moving beyond subsistence farming to become a cornerstone of agricultural transformation, job creation, and food security. This was the central…
The second day of the 7th FITSPA Annual Fintech Conference, held in Kampala this week, zeroed in on the critical confluence of investments, innovations, and collaboration that is rapidly fueling Africa’s financial…
Uganda’s creative sector is set for a major acceleration, moving from being just a source of entertainment to a significant driver of national development ambitions, jobs, and exports. This commitment was powerfully…
The annual NSSF Kampala Hills Run, a major corporate social responsibility (CSR) initiative aimed at transforming learning conditions in public primary schools, has been rescheduled. The National Social Security Fund (NSSF) Managing…
Uganda has secured a major victory on the international standardisation stage, after Eng. James Kasigwa, the Executive Director of the Uganda National Bureau of Standards (UNBS), was elected as a Council member of the…
Zambian ministers credit African Development Fund for fertilizer self- sufficiency boost, increased capacity for 250,000 new skilled workers Concessional financing from the African Development Fund (ADF) has been transformative for Zambia’s agriculture…
In a move set to transform the landscape for marketing and creative enterprises across Africa, The Alliance of Independent Agencies (the Alliance) has formed a pivotal strategic partnership with the Pan-African Agency…
Simplifying professional digital ads creation for small businesses by eliminating technical barriers GoDaddy, a global leader in empowering entrepreneurs, announced the expansion of its new Digital Ads feature with GoDaddy Airo® to nine…
The 7th FITSPA Annual Fintech Conference, held at the Sheraton Kampala Hotel on Tuesday, under the theme “Fintech for Sustainable Growth: Innovations, Investments & Inclusion,” served as a powerful convergence of Africa’s…
The U.S. major was recognized for its commitment to advancing STEM education in Africa, creating opportunities for students across key African markets ExxonMobil took home the ESG Leader of the Year award at the…
The 3rd Stanbic East Africa Business Summit that kicked off in Kampala today has become the platform for a powerful declaration: East Africa is entering an “unstoppable” era of growth, powered by…
FINCA Uganda has secured a major strategic advantage with the appointment of Mr. Alfred Brian Agaba as a new Director. This move is not just an addition to the board; it represents…
During the past week, 60 of the country’s smartest young minds, in partnership with the University of Johannesburg, have been supercharging the Add Hope recipe to make it even more impactful KFC…
President Yoweri Kaguta Museveni has initiated a significant change in Uganda’s leadership for fighting corruption by appointing Justice Aisha Naluzze Batala as the new Inspector General of Government (IGG), replacing Beti Kamya.…
Local content should go beyond compliance and be embedded in companies’ core business activities As Africa’s mining leaders converge in Cape Town for African Mining Week 2025, a powerful message is resonating…
Africa’s financial landscape is to undergo a significant transformation as the continent’s major pension funds prepare to converge in Kampala, Uganda, for the inaugural “$700 Billion in 1 Room” All Africa Pensions…
The Government of Uganda is moving decisively to address challenges in its electricity distribution network, driven by a commitment to power the nation’s rapidly expanding industrial and domestic demand. In a media…
If sleepless nights reveal what leaders worry about, then restful ones reveal something even more telling: the presence of governance that works. Boards are often described as the custodians of purpose, accountability,…
With construction set for late 2025, Uganda’s $4B refinery will fuel growth, enhance exports, and strengthen East Africa’s energy future Uganda’s oil refinery is scheduled to begin operations in the fourth quarter…
When an employee leaves a company, the process is often familiar: an exit interview, the return of a laptop, and well-wishes for the future. Leaders naturally focus on succession planning and filling…
Uganda is making a decisive move to align its aviation sector with stringent global environmental and governance standards, positioning itself as a leader in sustainable African air transport. This dual commitment was…
Angola is taking definitive and comprehensive steps to position itself as a champion in the fight against plastic pollution and a leader in sustainable environmental management. This national commitment will culminate in…
MTN Uganda’s involvement in driving the completion of the Nkozi Hospital Accident and Trauma Centre is a strategic move that transcends traditional corporate social responsibility (CSR). By partnering with the Buganda Kingdom…
The Colorado XL-series comprises two easy-to-operate models: the Colorado XL7 roll-to-roll printer and Colorado XL7 hybrid printer Canon today announces the Colorado XL-series, a new platform of 3.4m printers that extends the…
The Uganda Civil Aviation Authority (UCAA) has reaffirmed its strategic commitment to leveraging the air transport industry as a primary engine for regional integration, tourism, and national economic growth. This was the…
The financing will provide urgent assistance to communities severely affected by floods and landslides in the Bulambuli, Kasese and Ntoroko districts, including the provision of family-size tents The Board of Directors of…
Uganda’s digital future is being actively built on the foundations of local innovation, widespread access, and cross-sector collaboration. This was the central theme of the 9th National Conference on Communications (NCC2025), which…
A critical meeting between the African Export-Import Bank (Afreximbank) and Angola’s state oil company, Sonangol E.P., during the Africa Energy Week in Cape Town, South Africa, has reaffirmed a robust strategic partnership…
Rwanda is aggressively sharpening its focus on attracting high-impact foreign direct investment (FDI), centering its strategy on global partnerships and a robust reform agenda. This drive was underscored this week by a…
Uganda has achieved a significant diplomatic and technical victory, securing one of the eight seats designated for African states on the influential International Civil Aviation Organisation (ICAO) Council for the 2025–2028 term.…
Let’s be honest, the conversation around cryptocurrency in Uganda has often felt like watching a high-stakes thriller. We see the glittering promise, a future of instant cross-border payments, financial inclusion for the…
Uganda has issued a compelling call to global investors, confidently positioning itself as Africa’s next preferred destination for oil and gas investment. This confidence is anchored in a definitive timeline for the…
Stanbic Bank, Liberty, and SafeBoda Revolutionise Insurance in Uganda with Launch of ‘Protecta Bode’
In a significant move to bridge Uganda’s massive insurance gap, Stanbic Bank, through its Bancassurance arm, has officially partnered with Liberty General Insurance and SafeCar by SafeBoda to launch Protecta Bode. This new solution is specifically designed to make essential vehicle protection affordable and accessible to drivers, particularly young entrepreneurs, who are currently priced out…
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Maize is more than just a crop in Uganda; it is the cornerstone of food security, rural livelihoods, and a key driver of the national economy. The nation’s progress in safeguarding this…
The Parliament of Uganda has rejected the Energy Efficiency and Conservation Bill, 2024, arguing that the proposed legislation fundamentally fails to address the country’s actual energy crises. This follows a highly charged plenary sitting on September 17, 2025, during which legislators asserted that the Bill, although well-intentioned, focuses on superficial measures such as appliance labelling…
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In a landmark announcement, a new and highly effective HIV prevention drug, Lenacapavir, is set to be made available at a drastically reduced cost in over 100 low- and middle-income countries within…
The Government of Uganda has vowed to investigate a recent BBC documentary exposing a human trafficking ring allegedly targeting young Ugandan women in Dubai. Speaking at the Uganda Media Centre on September…
The Ministry of Agriculture, Animal Industry and Fisheries (MAAIF), led by the Minister of State for Animal Industry, Hon. Bright Rwamirama, and Permanent Secretary Maj. Gen. (Rtd) David Kasura-Kyomukama is actively participating…
The newly launched Stanbic Green Tech Accelerator is set to be a transformative force, placing the economic empowerment of Women, Youth, and Farmers (WYF) at the heart of Uganda’s sustainable development agenda.…
Direct Pay Uganda (DPO Pay Uganda), a prominent force in the online payments sector, has officially completed its rebrand to Network International. This significant change, which received regulatory approval from the Bank…
Dei BioPharma has unveiled its next bold phase, announcing the commencement of Active Pharmaceutical Ingredient (API) manufacturing at its state-of-the-art facility in Matugga, on the outskirts of Kampala city. This massive undertaking,…
The Government of Uganda has launched an aggressive, multi-agency media campaign to combat the pervasive problem of drug theft, which is costing the nation billions of shillings and, more critically, human lives.…
The role of Small and Medium Enterprises (SMEs), particularly those in the agribusiness sector, is indispensable to Uganda’s economic growth. Recognising this, aBi Finance renewed its commitment to strengthening the financial ecosystem…
In her first major public address since being appointed Managing Director of Uganda Breweries Limited (UBL), Felicite Nson unveiled her strategic vision for the company at the PeopleBrand House C-Suite Leadership Dialogue.…
President Yoweri Kaguta Museveni officially commissioned the Kiira Vehicle Plant in Jinja on Friday, September 26, 2025, marking a monumental day for Uganda in terms of industrialisation. The event cemented the nation’s…
MTN MoMo, under the leadership of Richard Yego as Chief Executive Officer, made a historic announcement on Thursday, September 25, 2025, by officially launching its “Power to Be Borderless” campaign during a…
The Petroleum Authority of Uganda (PAU) conducted a large-scale emergency response drill on Thursday, September 25, 2025, at the Kabalega Industrial Park in Hoima District, critically assessing the country’s preparedness for potential…
Under the theme of sustainable development, the conference gathered key stakeholders, emphasising that the future of Uganda’s mineral sector hinges on value addition, national content, and learning from global best practices. The…
In a significant diplomatic and economic move, Rwanda and the Kingdom of Morocco have signed a Bilateral Air Services Agreement (BASA) that is set to boost trade between the two countries over…
Uganda’s livestock sub-sector has taken a significant step toward modernisation and commercialisation with the official reception of the Jianzhou big-ear goats from China, which were unveiled by Hon. Bright Rwamirama, the State…
In a significant move to deepen economic cooperation, Finland’s Minister for Foreign Trade and Development, Ville Tavio, has announced that Finnish companies are ready to partner with African nations in key strategic…
In a significant move to deepen financial cooperation, the Bank of Uganda hosted a high-level business delegation from the State of Qatar on Wednesday, September 24, 2025, in Kampala, Uganda. The meeting,…
Felicite Nson has today taken over from Andrew Itambo Kilonzo as the new Managing Director for Uganda Breweries Limited (UBL), a subsidiary of Diageo East African Breweries, becoming the first woman to…
The Africa Energy Indaba is the continent’s foremost all-encompassing energy gathering, showcasing flagship forums including the T&D Africa Conference, IPP & PPA Conference, Africa Gas Forum, EV Forum, and Nuclear Forum Africa…
Uganda and Somalia share a long-standing partnership underpinned by political, security, and economic cooperation The Government of the Republic of Uganda will host the Second Session of the Uganda-Somalia Joint Permanent Commission…
The African Union (AU) is making a concerted push to accelerate the implementation of the Single African Air Transport Market (SAATM), a flagship initiative aimed at unlocking the continent’s vast economic potential.…
While the broader African refining market presents an undervalued opportunity, for Uganda, the development of its own petroleum refinery is not merely an investment prospect, it is a foundational project for achieving…
The East African Crude Oil Pipeline (EACOP) Ltd. signed a landmark Memorandum of Understanding (MoU) with Buganda Kingdom on Wednesday, September 24, 2025, to strengthen collaboration on environmental conservation and community development.…
Uganda is making significant strides in the quest to leverage its rich mineral wealth for national development, moving from being a raw mineral exporter to a value-added producer. This strategic shift was…
The Uganda Civil Aviation Authority (UCAA), in partnership with AirServ and African Leaders in Aviation, hosted the second annual Girls in Aviation Day on September 24, 2025. This event is part of…
A historic shift has occurred in Africa’s broadcasting industry. French media giant CANAL+, under the leadership of Maxime Sadaa as Group Chairman and CEO, has secured effective control of MultiChoice Group, Africa’s…
Under the leadership of its Chief Executive Officer, Richard Yego, MTN MoMo Uganda is taking a significant step to champion financial inclusion and accelerate Uganda’s digital transformation. This follows Yego’s announcement of…
The African Development Bank (AfDB) Group is reinforcing its long-standing partnership with Kenya, committing to a future of sustained economic growth despite global headwinds. This renewed commitment was the central theme of…
Uganda’s future hinges on its youthful population, and the recent Canada East Africa Business Exchange (CEABEX) amplified the call to harness this potential through STEM education. Speaking at the event, Maureen Karamagi,…
Under the visionary leadership of Muliisa Grace as Managing Director, Ecobank Uganda has achieved a historic milestone by arranging a €230 million (approximately Shs950 billion) syndicated loan to fuel Uganda’s economic transformation.…
When institutions or businesses fail, the headlines usually quickly point to financial loss, collapsing share prices, or mismanagement of resources. Rarely do they ask the deeper question: where was the Board? Across…
After eight years of transformative leadership, Daniel Ogong, the Head of Marketing and Communication at Stanbic Bank Uganda, is stepping down from his role. His departure, effective October 1, 2025, marks the…
In a significant development for Uganda’s aviation sector, Mr. Samuel Wonekha, the General Manager of Regional Airports at the Uganda Civil Aviation Authority (UCAA), has been elected to the Airports Council International…
The Bank of Uganda (BoU) has today officially launched its E-Supervision (SupTech) Project, a landmark initiative set to modernise and transform the supervision of the country’s financial sector. This new regulatory technology…
In a move set to reshape its strategic direction, SanlamAllianz Re, the reinsurance arm of SanlamAllianz, has appointed Tobias Suek as its new Chief Executive Officer, effective October 15, 2025. This appointment…
The Government of Uganda is taking a significant step to boost the nation’s coffee sector by promoting its high-quality coffee at the World Speciality Coffee Conference and Exhibition (SCAJ 2025) in Tokyo,…
The National Social Security Fund (NSSF) has declared a 13.5% interest rate for the Financial Year 2024/25, a testament to its exceptional performance and strategic success. The announcement was made today by…
MTN Uganda, through the MTN Foundation, is celebrating a major milestone in its mission to empower the nation’s youth with the graduation of 103 youth from the second cohort of its MTN…
A high-level delegation led by Hu Zhangliang, Vice Chairman of the China International Development Cooperation Agency (CIDCA), visited the ongoing expansion project at Entebbe International Airport on September 21, 2025. The inspection…
Uganda’s E-mobility sector is gaining significant momentum, with Kiira Motors Corporation at the forefront of the nation’s push toward a greener, more sustainable future. At the National E-Mobility Expo 2025 held this…
The MTN Fintech Summit held this week in Johannesburg, South Africa, has set a dynamic tone for the future of financial services across the continent, focusing on two critical themes: balancing innovation…
This strategic investment will strengthen TCX’s capital base, enhance its risk-bearing capacity, and expand its ability to offer hedging instruments in illiquid and less liquid currencies across the African continent The Board…
ACF2025 builds on Afreximbank’s leadership in trade-related compliance and its investment in AI-powered platforms that streamline client onboarding, enable real-time risk monitoring, and ensure secure transaction processing Artificial Intelligence (AI) is reshaping…
Uganda is at a turning point. For years, our growth story has leaned on agriculture, trade, and traditional industries. But the future will be defined by those who can grow without destroying…
Uganda’s journey to becoming an oil-producing nation is facing significant hurdles, with a report from the Auditor General (AG) Mr. Edward Okwakol, revealing critical delays and underfunding across major projects. According to…
Centenary Bank is being hailed as the top-performing partner in the Generating Growth Opportunities and Productivity for Women Enterprises (GROW) project, a high-impact initiative aimed at empowering women entrepreneurs and underserved communities.…
Until his appointment, Mr. Akpata was the Head of CANEX Creations within the Afreximbank Group, taking on a central role in CCInc’s journey since its inception The Board of Directors of the…
Afreximbank and KCB Group will provide initial funding amounting to US$ 500 million and US$ 300 million, respectively towards the initiative KCB Group and pan-African multilateral development bank, African Export-Import Bank (Afreximbank)…
A World Bank-funded project designed to empower women entrepreneurs across Uganda, popularly known as ‘GROW’, is facing significant challenges, with a new report revealing that a massive Shs41.22 billion in funding remains…
When Airtel Uganda, under the leadership of Soumendra Sahu as Managing Director, announced a 28.7% surge in Profit After Tax (PAT) to Shs197.2 billion for the first half of 2025, the headlines…
The AOW: Investing in African Energy 2025 conference in Accra, Ghana, kicked off on Wednesday this week, marking the start of a new era of partnership and collaboration in the energy sector…
Uganda’s tourism sector is being reaffirmed as a top driver of the national economy. During the recent three-day 6th Bi-Annual Presidential CEO Retreat held in Fort Portal City, the Prime Minister, Rt.…
Uganda is losing staggering amounts of revenue from its mineral wealth, with a new report from the Auditor General, Edward Okwakol, revealing a Shs11 trillion loss from black market gold exports. This…
In a significant display of progress since taking over from the private concessionaire Umeme Uganda Limited, the Uganda Electricity Distribution Company Limited (UEDCL) has added a remarkable 648,404 new connections to the…
The NCA-COP, launched in 2020 and now comprising more than 500 members from 48 African countries The African Development Bank Group has officially announced that it will host the Secretariat of the…
In a significant development for Uganda’s aviation, tourism, and trade sectors, Uganda Airlines has announced a new interline partnership with Air India, India’s leading global airline. This strategic agreement, effective August 25,…
Africa’s transition states are the continent’s most vulnerable economies, facing a wide range of political, economic, security and environmental challenges, and striving for greater stability and resilience African economists and development leaders…
The Ministry of Finance, Planning and Economic Development (MoFPED) is embarking on a new phase of its ambitious plan to transform the national economy. This was revealed today by Mr Kaggwa Moses,…
Stanbic Bank Uganda is moving beyond the traditional role of a financial institution to become a strategic partner in the nation’s development. This was the central message at the 5th Stanbic Development…
The unaudited interim financial results released by the Capital Markets Authority (CMA), as presented by the company’s directors, led by Selestino Babungi, the Managing Director, paint a picture of an entity in transition,…
The hub is structured to address the low investment in research and development (R&D) in Africa and the continent’s underperformance in research output The African Research and Innovation Hub (ARIH) that was…
In a landmark move for Uganda’s health insurance sector, APA Insurance Uganda, in partnership with Hollard Health, has launched a new, innovative health insurance solution called ‘APA International Health’. With a maximum…
Africa stands at a critical juncture, facing persistent global volatility while striving to unleash its full economic potential. This was the powerful message at the Regional Workshop on the “Accelerated Implementation of…
Airtel Uganda’s public termination of an employee, Mr. Mabingo Juma, for “gross misconduct”, is more than a routine action by the Human Resource Manager’s office. It is a powerful and public statement…
Drawing on nearly two decades of last-mile delivery experience across nine African countries, the paper highlights how rethinking funding design could unlock private sector capacity and deliver impact at scale ENGIE Energy…
Mountains of the Moon University (MMU) on Monday, September 15, 2025, proudly hosted the Roots Africa Symposium, a pivotal event that united students, farmers, leaders, and stakeholders under the theme “Innovation and…
Opinion: Governance At The Grassroots and Rethinking Corporate Governance Through The Lens Of SACCOS
When most East Africans think of corporate governance, their imagination often dashes to urban boardrooms where directors debate strategy and compliance. However, some of the most decisive governance questions for our region…
Connecting East Africa: A Strategic Push to Bridge the Digital Divide and Power Regional Integration
In a decisive move to create a digitally unified East Africa, the Permanent Secretary of Uganda’s Ministry of ICT and National Guidance, Dr. Aminah Zawedde, recently chaired a high-level meeting in Kigali,…
By combining Afreximbank’s financial expertise with strategic oversight of ISA, the partnership seeks to create a robust pipeline of bankable projects essential for closing South Africa’s infrastructure gap African Export-Import Bank (Afreximbank)…
In a powerful demonstration of corporate stewardship and community commitment, Centenary Bank has announced a significant partnership with the Kampala Capital City Authority (KCCA), injecting Shs86 million into two of the city’s…
Applying game-design elements, such as points, badges, leaderboards and rewards, to cybersecurity training taps into our natural desire for achievement, competition and progress Traditional cybersecurity and compliance training can be dull as…
Key concerns for MRO buyers include ensuring cost savings, maintaining ageing assets, contract compliance with preferred suppliers, and managing multiple stakeholder expectations across dispersed sites RS South Africa, a trading brand of…
Maono Africa, whose work spans sport and arts, education and skills development, health and Advocacy, will collaborate on the same modules while engaging a broader youth demographic through the lens of purpose-driven…
In a deliberate and strategic move to capture a share of the world’s largest outbound travel market, the Uganda Tourism Board (UTB), in partnership with the Uganda Consulate in Guangzhou, China, proudly…
In a move that signals a carefully planned succession for Africa’s largest financial institution by assets, Standard Bank Group has announced the appointment of David Hodnett as the new Chief Executive of…
The 2025 NES conference has drawn more than 2,500 delegates from 22 African countries, including economists, policymakers, academics, and international partners African leaders, experts, the African Development Bank and development partners have…
Uganda has taken a significant stride toward aligning its economic ambitions with global climate goals. The Ministry of Finance, Planning and Economic Development, in a landmark partnership with the World Bank, European…
As Africa’s energy sector continue to grow, the 20 Under 40 Energy Women Rising Stars celebrates innovation and leadership across the sector The African Energy Chamber (AEC) proudly announces this year’s 20 Under…
The Ugandan delegation at the Summit included, besides Prof. Nuwagaba, Hon. Ruth Nankabirwa, the Minister of Energy and Mineral Development, Dr. Sudhir Ruperelia, the Chairman of Ruparelia Group of Companies, among others.…
Entebbe International Airport is celebrating a landmark achievement after recording its busiest month in history. According to Vianney Luggya, the Manager, Public Affairs at the Uganda Civil Aviation Authority (UCAA), “in August…
In an era of global uncertainty, a single, fragile commodity has emerged as the bedrock of economic growth, effective governance, and thriving workplaces: trust. A recent discussion, featuring experts like Jim Harter…
Uganda’s economy, and indeed its social fabric, is powered by a dynamic and resilient force: Small and Medium-sized Enterprises (SMEs). Making up a remarkable 90% of the country’s private sector, these businesses…
Even before the first barrel of commercial oil is extracted, Uganda’s promising oil and gas sector is already a transformative force, reshaping the nation’s economic and social landscape. This was the pivotal…
When Juliana Kagwa took over as CEO of the Uganda Tourism Board (UTB) in May 2025, the big question was: what would she do differently? We’ve had strong leaders before; Stephen Asiimwe…
In a powerful address that set the tone for the national budgeting process, the Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, announced a major crackdown on dishonest and inefficient fiscal…
The MTN Foundation, the corporate social investment arm of MTN Uganda, is embarking on a new strategic phase following the appointment of two of Uganda’s most respected professionals, Allen Kagina and Francis…
The East African Community (EAC) has long championed the vision of a unified Common Market, a cornerstone of which is the free movement of persons, services, and capital. However, a stark reality…
The National Social Security Fund (NSSF) has once again cemented its role as a key driver of Uganda’s economy, announcing record-breaking earnings and contributions for the Financial Year ending June 30, 2025.…
The Second Africa Climate Summit (ACS2), underway in Addis Ababa, Ethiopia, marks a pivotal moment in the continent’s united front for bold, transformative climate action. Building on the momentum of the inaugural…
Uganda’s pay-TV landscape is on the brink of a historic transformation as French media giant Groupe Canal+ finalises its acquisition of South Africa’s MultiChoice Group, led by Calvo Phedi Mawela as Group…
In a significant leadership appointment, Walter Wafula has been named the new Group CEO of Fireworks Advertising. The move signals a new chapter for both the acclaimed communications professional and the agency,…
Africa’s contribution to global trade stands at a modest 3%, a number that falls too short of the continent’s immense potential. However, a closer look at intra-African trade reveals a more concerning…
The signing of a cooperation agreement between Uganda and Algeria on Monday, September 8, 2025, marks a significant milestone in their diplomatic and economic relations. Signed by Uganda’s Minister of Finance, Matia…
In a significant high-level meeting, Sunil Taldar, the Group CEO of Airtel Africa, met with the Governor of the Bank of Uganda, Dr. Michael Atingi-Ego, along with the leadership of Airtel Uganda,…
Absa Bank Uganda shone brightly on the global stage, earning top recognition at the inaugural Absa Group CEO Pinnacle Awards in Johannesburg, South Africa, held over the weekend. The awards, hosted by…
The Uganda Railways Corporation (URC), under the leadership of Benon M. Kajuna as Managing Director, has a bold vision: to become the “Preferred Freight and Passenger Transporter in Eastern Africa by 2040.”…
The African Civil Aviation Commission (AFCAC) has announced the commencement of Ms. Adefunke Adeyemi’s second term as Secretary General, a powerful vote of confidence in her leadership and a strategic commitment to…
Uganda has been placed on high alert following the confirmation of a new Ebola virus outbreak in the Democratic Republic of Congo (DRC), which has already claimed at least 15 lives. While…
The African Development Bank (AfDB) is in advanced talks with Uganda’s Ministry of Works and Transport to fund a transformative project aimed at upgrading regional aerodromes, with a primary focus on converting…
The government of Uganda has announced plans to secure a new USD 400 million (over Shs1.4 trillion) loan from a consortium of lenders, including the African Development Bank (AfDB), the International Fund for…
The Uganda Tourism Board (UTB) has taken a decisive step in its mission to position the country as a premier global destination, moving beyond its renowned wildlife to showcase the country’s profound…
The Ministry of Finance, Planning and Economic Development has released a comprehensive economic outlook that provides a clear and compelling narrative for Uganda’s future. The data points to a steady and robust…
The Uganda Cancer Institute (UCI) today launched the September Gold, Childhood Cancer Awareness Month, during which officials from the institute delivered a transformative message about cancer awareness among children in the country.…
Stanbic Bank Uganda has unveiled a transformative enhancement to its unsecured lending, extending the Supa Dupa loan repayment tenor from 7 to 10 years. This strategic shift is far more than a…
Students from the African School of Innovations in Science and Technology (ASIST) Limited have set a new record at the Pan African Robotics Championship in Dakar, Senegal. ASIST Ltd has been running…
The Bank of Uganda on Wednesday, September 3, 2025, hosted board members from both MTN MoMo and MTN Fintech for a strategic meeting, which was chaired by the BoU Governor, Mr. Michael…
Uganda’s aviation sector is set for a major transformation, following a Regulatory Excellence Training that marked a pivotal step toward building a safer, more innovative, and globally competitive industry. The three-day event,…
The inaugural Uganda Development Finance Summit has established itself as a pivotal platform for redefining Africa’s economic trajectory. Convened by the Uganda Development Bank (UDB), the summit, which brought together leaders from…
In a powerful strategic move, Uganda Baati Ltd, a member of the Safal Group, has appointed Jackie Tahakanizibwa as its new Head of External and Corporate Affairs. The decision to bring a…
At the Makerere University Investor Roundtable Summit held on Tuesday, September 2, 2025, a powerful message emerged: Uganda’s future prosperity hinges on its ability to invest in its youthful population strategically. Stanbic…
Uganda officially kicked off its World Tourism Day 2025 celebrations today with a bold and strategic move designed to redefine its tourism sector. Under the theme “Tourism and Sustainable Transformation,” the Uganda…
Uganda is setting the stage for an ambitious economic transformation, with a bold vision to grow its economy tenfold, from an estimated USD50 billion in 2025 to USD500 billion by 2040. This…
As Uganda prepares to mark International Literacy Day on September 8, 2025, the nation stands at a critical juncture. While celebrating significant progress, the Ministry of Gender, Labour and Social Development, Hon.…
At the 9th High-Level Economic Growth Forum in Kampala held recently, a stark warning was delivered to Ugandan policymakers: mismanaging anticipated oil revenues and over-relying on non-tradable sectors could derail the nation’s…
The Uganda Development Finance Summit (UDFS25), which was officially opened on Monday by President Yoweri Kaguta Museveni, has not only showcased Uganda’s bold ambitions but also amplified global voices demanding a seismic…
The inaugural Uganda Development Finance Summit (UDFS25) opened this week at the Speke Convention Centre in Kampala with a mix of celebration, critique, and bold ambition. President Yoweri Museveni, in his trademark…
In a country where approximately 80% of the adult population lacks a formal bank account, MTN South Sudan is taking a bold step to bridge the gap of financial exclusion. In collaboration…
East Africa’s aviation sector is poised for a significant transformation, driven by a new standard of regulatory excellence. A three-day workshop held at Protea Hotel in Entebbe, starting September 1-3rd, 2025, brought…
Airtel Uganda, under the leadership of Soumendra Sahu as Chief Executive Director, has delivered a stellar performance, posting a 28.7% jump in Profit After Tax (PAT) for the first half of 2025.…
Uganda’s economic transformation is being built not in boardrooms, but in high school science labs and innovation hubs. The 10th anniversary of the Stanbic National Schools Championship grand finale held today in…
As Uganda’s banking sector navigates a new era of regulatory reform and technological advancement, Centenary Bank, under the leadership of Fabian Kasi as Managing Director, is emerging not just as a compliant…
M-Pesa, Tanzania’s dominant mobile money platform, is making a strategic move to fortify its market leadership. By appointing a new board with a wealth of experience in governance, investment, and transformation, the…
The Uganda Electricity Distribution Company Limited (UEDCL) is taking a strategic and pivotal role in driving the nation’s economic growth. During the 2025 Electricity Dialogue held on Thursday, August 28, 2025, at…
Kenya’s export earnings to the United States are on a strong upward trajectory, signalling robust demand for its products despite a challenging global trade environment. According to data from the US Census,…
The tourism sector in Uganda is experiencing a paradigm shift, moving beyond traditional wildlife safaris to embrace sports tourism as a new frontier for economic growth. A high-level engagement on Wednesday at…
Uganda’s agricultural sector, the backbone of its economy, is set for a major transformation through enhanced collaboration with the United Kingdom. At the inaugural UK-Uganda Agro-Industrialisation Forum held in Kampala on Wednesday,…
While both Uganda Airlines and Kenya Airways have faced significant financial and operational challenges, a stark contrast in their strategies reveals why one appears to be on a path to recovery while…
The Uganda Development Bank (UDB), which is headed by Dr. Patricia Ojangole as Managing Director, has for decades been a cornerstone of the Ugandan government’s economic development agenda, but questions remain about…
Uganda’s tourism sector is at a pivotal moment, with a renewed spirit of collaboration and a clear roadmap for growth. In a recent meeting at the Ministry of Tourism, Wildlife and Antiquities…
Africa is grappling with a looming plastic disaster, but a solution may lie in an old idea with a new twist: the widespread adoption of returnable, refillable packaging. Coca-Cola Beverages South Africa…
MTN Uganda’s MoMo Revolution: Driving Financial Inclusion and Economic Growth Through Sustainability
Mobile money, particularly MTN MoMo, has evolved from a simple money transfer service into a powerful engine for financial inclusion and economic growth in Uganda. This transformation is at the heart of…
Uganda’s commitment to aviation safety is gaining regional recognition, as demonstrated by the participation of the Uganda Civil Aviation Authority (UCAA) Director General, Mr. Fred K. Bamwesigye, at the prestigious CANSO Africa…
High economic inequality poses a significant threat to global development by slowing progress toward shared prosperity and poverty eradication. The World Bank recognises that this issue is not merely a social concern…
Uganda’s economy has demonstrated remarkable resilience in the first half of 2025 and is now on a robust upward trajectory, with key indicators pointing to strong and sustainable growth. This was revealed…
The insurance industry across Africa is at a crossroads. As highlighted by Grace Muliisa, Ecobank Uganda’s Managing Director, at the 47th OESAI-Organisation of Eastern and Southern Africa Insurers Annual Conference & AGM,…
Stanbic Bank Uganda is taking a strategic, hands-on approach to driving the nation’s economic growth, moving beyond traditional banking to directly empower small and medium enterprises (SMEs) through its subsidiary, the Stanbic…
Uganda is taking a bold, strategic step towards its national development goals by officially recognising the inseparable link between digital connectivity and energy access. At the recent Telecom Sector Power Forum held…
The Ugandan real estate sector is undergoing a significant transformation, with the entry of foreign investment and a new focus on high-end, luxury projects. Turkish real estate firm, VAAL Real Estate, has…
Uganda’s journey toward becoming a significant oil producer is gaining momentum, with key projects progressing steadily toward the critical 2026 deadline for first oil production. The recent field visit by Ernest Rubondo,…
In an era of rapid technological change, Standard Chartered Uganda is demonstrating how a bank with over a century of history can not only remain relevant but also lead the digital revolution.…
Laila Noor is a powerhouse in Uganda’s events, marketing, and public relations industry, who was one of the key brains behind the 15th anniversary of the Brand Africa Awards. With over a decade…
The abduction and cryptocurrency theft targeting Festo Ivaibi, the founder of Afro Token, which occurred a few days ago, marks a critical turning point for Uganda’s emerging blockchain and crypto sector. According…
Telecom giant MTN Uganda is taking a leading role in promoting workplace safety, health, and well-being, announcing its support for the upcoming International Vision Zero Africa Conference. In a significant meeting at…
In a landmark achievement for African innovation, Dei BioPharma, a Ugandan pharmaceutical complex, has received a second major approval from the U.S. Food and Drug Administration (FDA), solidifying the country’s position as…
In the evolving narrative of Africa’s financial sector, few executives embody the rare mix of technical rigour, regional credibility, and institutional transformation like Francis Karuhanga, the newly appointed Regional Chief Executive for…
Pride Bank has launched a groundbreaking new product designed to empower millions of Ugandans who participate in collective savings groups, such as SACCOs (Savings and Credit Co-operatives), VSLAs (Village Savings and Loan…
Ferdi Moolman’s appointment as Chief Executive Officer (CEO) of MTN South Africa, effective November 1, 2025, is a strategic move designed to reignite growth and strengthen the company’s competitive position. Moolman’s proven…
Boost for Livestock Farmers: Uganda set to Transform Agriculture with New Organic Fertiliser Factory
Uganda’s agricultural sector, which is the backbone of the economy, is poised for a significant turnaround with the signing of a landmark agreement to establish a major organic fertiliser factory. This strategic…
Uganda is strategically advancing its position as a digital innovation hub in Africa by participating in the 9th Tokyo International Conference on African Development (TICAD 9). A delegation from the Ministry of…
The Brand Africa 100 awards ceremony, held on August 15, 2025, at the Kampala Serena Hotel, serves as a vital litmus test of brand admiration across the continent, and this year, Unilever’s…
As Uganda’s digital economy expands at an unprecedented pace, the need for robust cybersecurity has become more than a technical concern; it’s a critical national priority. The rapid growth of fintech, mobile…
Entebbe International Airport (EIA) set a new record in July 2025, handling an all-time high of 230,577 passengers. This unprecedented surge, with 119,127 arrivals and 111,450 departures, is a powerful indicator of…
The National Medical Stores (NMS) in Uganda is at the centre of a major public health alert following the recall of a defective and dangerous drug from all health facilities. A directive…
The East African Crude Oil Pipeline (EACOP) launched a landmark initiative this week, the Youth Economic Empowerment (YEE) Project, designed to build the skills, capacity, and confidence of young people across Tanzania.…
Over the past 14 months, the Ugandan shilling has shown remarkable strength, appreciating steadily against the US dollar. In a televised address today, Bank of Uganda (BoU) Governor Michael Atingi-Ego clarified the…
In a significant move to elevate Uganda’s tourism sector, the government is forging a deeper partnership with private sector leaders to achieve its vision of becoming a leading sustainable tourism destination in…
The Uganda Civil Aviation Authority (UCAA), in collaboration with the International Civil Aviation Organisation (ICAO), on Monday this week officially launched a five-day training on the ICAO Traveller Identification Programme (TRIP) Strategy,…
At the Brand Africa Awards held on August 15, 2025, Stanbic Bank was honoured with two prestigious accolades: Most Admired Brand-Banking and Most Admired Brand-Financial Services. These awards are a recognition of…
Ugandan coffee farmers are no strangers to the volatile global market. Prices rise and fall, but as the recent rebound shows, there are proactive steps farmers can take to mitigate the effects…
Stanbic Bank’s Robust Performance of Shs278Bn Profits is a Win for Shareholders and Uganda’s Economy
Stanbic Uganda has released its half-year financial results for 2025, revealing a robust performance that not only underscores its market leadership but also its direct role in driving Uganda’s economic growth and…
The Brand Africa Awards ceremony at the Kampala Serena Hotel held on August 15, 2025, honoured the most admired brands in Uganda, with MTN taking home the prestigious Grand Prix as the…
President Yoweri Kaguta Museveni’s commissioning of the Wagagai Gold Mining project in Busia District over the weekend marks a significant turning point for Uganda’s economy. The project, a significant investment in local…
The East African Crude Oil Pipeline (EACOP) company today hosted a crucial Supplier Development Forum at the Sheraton Hotel in Kampala, opening the door for Ugandan businesses to participate in upcoming opportunities…
During an open lecture at Makerere University Business School (MUBS) on Friday, August 15, 2025, Thebe Ikalafeng, the Founder and Chairman of Brand Africa, delivered a powerful and provocative message, urging a…
The Law Development Centre (LDC), Uganda’s top institution for legal training, has come under intense scrutiny from Parliament’s Public Accounts Committee (PAC) for a series of questionable expenditures totalling Shs5.1 billion. During…
Glovo Celebrates 5 Years of Powering Uganda’s Green Economy and Impacting Lives Through Job Creation
In a momentous celebration of five years of impacting lives and driving Uganda’s socio-economic transformation, Glovo inaugurated a new office in Kampala on Thursday, marking a fresh chapter focused on scaling its…
In a powerful demonstration of its commitment to safety, the Uganda Civil Aviation Authority (UCAA) has teamed up with the Department of Meteorological Services to host an Aviation Weather Awareness Workshop. Held…
On Friday, August 15, 2025, the prestigious Kampala Serena Hotel will become the epicentre of African branding and leadership as Uganda hosts the Brand Africa Awards 2025. The 15th anniversary of the…
Following a wave of public complaints on social media about mobile money thefts, the Bank of Uganda (BoU) Governor, Michael Atingi-Ego, has issued a statement to address the growing concern among Ugandans.…
Rt. Hon. Rebecca Kadaga, the Second Deputy Prime Minister, on Wednesday, August 13, 2025, broke ground for the construction of a new climate-resilient and gender-inclusive market, in Elegu, Amuru District, which will…
The wrap-up of the Stanbic National Schools Championship appraisals today has highlighted a powerful link between youth innovation and Uganda’s long-term economic goals. The innovativeness displayed by young entrepreneurs like Ivan Natumanya and…
In a significant leadership change, Coca-Cola Beverages Uganda (CCBU) this week announced Emmy Hashakimana as the new General Manager, effective August 12, 2025. Hashakimana, who previously served as Commercial Director at Uganda…
Richard Byarugaba, the former Managing Director of the National Social Security Fund (NSSF), has been appointed the Board Chairman of Old Mutual Investment Group, replacing Prof. Samuel Sejjaka, a strategic move that…
On Friday, August 15, 2025, Kampala will be at the heart of Africa’s branding conversation as it hosts the 15th Brand Africa Awards, and MTN CEO Ms. Sylvia Mulinge is slated to…
Standard Chartered Bank this week launched its first-ever Women in Tech (WiT) program in Uganda, a significant initiative that aims to empower women, boost digital inclusion, and drive socio-economic transformation. According to…
By Arinaitwe Rugyendo With a heavy heart and deep gratitude, I celebrate the life of Hon. Mary Karooro Okurut, whose sudden death has left hundreds of thousands shocked and in grief. Hon.…
MTN Uganda has released impressive financial results for the first half of 2025, showcasing not only strong business performance but also its substantial contribution to Uganda’s economic growth. The company reported a…
In a landmark partnership set to transform Uganda’s financial landscape, Airtel Money, the Uganda Revenue Authority (URA), and Stanbic Bank Uganda have launched a seamless tax payment solution. This collaboration, which allows…
Parliament is expressing serious concerns about the Uganda Civil Aviation Authority (UCAA)’s reputation following the termination of 82 staff members for inadequate academic qualifications. Members of Parliament (MPs) have since warned that…
This Friday, August 15, 2025, Uganda will host a pivotal event for professionals in brand development and leadership: the 15th Anniversary of the Brand Africa Awards, to be held at the Kampala…
The Uganda National Bureau of Standards (UNBS) signed a Memorandum of Understanding (MoU) with the China Certification and Inspection Group Co., Ltd. (CCIC) on Monday, August 11, 2025, a strategic move that…
The Uganda insurance industry is at a pivotal moment, with its leaders acknowledging the critical role of media in shaping public trust and driving growth. During the close of the Insurance Media…
In a significant shake-up of Uganda’s advertising industry, Airtel Uganda’s advertising mandate has been restructured under a new strategic collaboration. Effective August 1, 2025, the account is now overseen by a consortium…
In a landmark move, Epic Business Consult (EBC) and the League of East African Directors (LEAD) have formed a strategic partnership to elevate leadership and governance standards across the region’s C-suite companies.…
Parliament’s Public Accounts Committee (PAC) has announced its intention to conduct a full-scale investigation into all software systems procured by the Ministry of Information, Communication, Technology, and National Guidance. The decision follows…
Stanbic Bank is positioning itself as a key driver of Uganda’s economic growth, launching a significant campaign to attract foreign investment. Through its Corporate and Investment Banking (CIB) division, the bank is…
Uganda’s tourism sector is set for a major leap forward, as the National Information Technology Authority-Uganda (NITA-U) and the Uganda Tourism Board (UTB) have joined forces with the Uganda Wildlife Authority (UWA)…
Uganda’s waste problem has reached a critical point, threatening public health, the environment, and the national economy. A validation meeting for the Draft National Waste Management Policy 2025 held today by the…
Uganda’s economy is set to receive a significant boost as the country hosts the prestigious Brand Africa Awards on August 15, 2025, at the Kampala Serena Hotel. This year’s event, a celebration…
With digital fraud on the rise, MoMo has taken a leading role in the fight to secure Uganda’s financial ecosystem. MoMo CEO Richard Yego on Thursday afternoon joined other industry leaders at…
In a powerful strategic move, Uganda Breweries Limited (UBL), a subsidiary of East African Breweries Limited (EABL), unveiled a new product, Bell Lager Citrus, aiming to capture a bigger share of Uganda’s…
A decade-old scandal has resurfaced at the heart of the capital city administration, the Kampala Capital City Authority (KCCA), raising serious alarms about systemic corruption and a chronic lack of accountability. During…
As policymakers and industry leaders converge at the 2nd Annual Regional Industrialisation Conference in Kampala, a critical conversation is taking centre stage: the relentless battle against illicit trade. The conference, themed “Enhancing…
Uganda’s economic future is taking flight, and a robust focus on aviation security is strengthening its wings. In a high-level two-day workshop held at Lake View Hotel in Mbarara this week, the…
In a powerful collaboration aimed at fostering environmental stewardship and sustainable development, the East African Crude Oil Pipeline (EACOP) has partnered with Rotary District 9213 and Rotary District 9214 to launch a…
For too long, a common perception has held back millions of Ugandans from securing their financial futures: that investing is a privilege reserved for the wealthy or a complex world only for…
Africa’s industrial revolution will be sown in its fields. This was the powerful message resonating from the 2nd Annual Regional Industrialisation Conference, held today at the Kampala Serena Hotel. Under the theme,…
Just four months after taking over from Umeme as Uganda’s national power supplier, the Uganda Electricity Distribution Company Limited (UEDCL), led by Paul Mwesigwa as Managing Director, is facing intense scrutiny from…
Uganda’s tourism sector is no longer just a collection of stunning landscapes and unique wildlife; it has emerged as a multi-faceted engine of national development. According to Senior Presidential Advisor on Tourism…
As Uganda prepares to host the prestigious Brand Africa Awards ceremony on August 15th, 2025, at the Kampala Serena Hotel, the spotlight intensifies on a critical force reshaping corporate identity and consumer…
Uganda’s booming tourism sector, a key driver of the economy and a leading foreign exchange earner, is set for a significant digital leap forward. This comes after MoMo by MTN Uganda and…
Uganda’s ambitious industrialisation agenda, particularly in the long-underserved West Nile sub-region, received a massive boost on Friday with the official commissioning of the USD 20 million Nyagak III Hydropower Plant. With a…
Uganda’s growing oil and gas sector, a cornerstone of the country’s economic future, is set for accelerated development following high-level discussions between the Petroleum Authority of Uganda (PAU) and top executives from…
The insurance landscape in Uganda is on the verge of a dramatic transformation following the recent approval by the Insurance Regulatory Authority (IRA) of Uganda of a merger between two formidable global…
The East African Crude Oil Pipeline (EACOP) project is not just building a pipeline; it’s building futures. As part of its commitment to restoring and improving the livelihoods of Project-Affected Households (PAHs),…
Uganda’s financial sector, a cornerstone of its vibrant economy, is increasingly being shaped and driven by a formidable cohort of women leaders. In a traditionally male-dominated industry, these powerful ladies are not…
In a significant display of collaboration at the apex of Uganda’s financial sector, on Thursday, July 31, 2025, Mr. Mumba Kenneth Kalifungwa, the new Chief Executive of Stanbic Bank Uganda, paid a…
In a significant boost to its economic diversification and growth agenda, Uganda has secured USD 150 million (over Shs537 billion) in vital funding from the Arab Bank for Economic Development in Africa…
Uganda’s ambitious drive to transform its tourism and oil and gas sectors, key pillars of its economic future, faces a significant setback after the Ministry of Works and Transport announced the suspension…
In a profound display of regional solidarity and strategic economic foresight, the President of Uganda H.E. Yoweri Kaguta Museveni and his Kenyan counterpart H.E. Dr. William Ruto, concluded an official State Visit…
Ugandan women entrepreneurs, recognised as powerful drivers for socio-economic transformation, are set to gain unprecedented access to tailored and affordable financing solutions, thanks to a global partnership led by the World Bank…
President Yoweri Kaguta Museveni has committed to strategically deploying Uganda’s much-anticipated oil revenues to the tourism sector, a move that is set to redefine the sector over time. This transformative pledge emerged from…
Uganda is charting a bold new course for inclusive economic growth, with a particular focus on empowering women in trade and nurturing future generations of entrepreneurs. The Breaking Barriers to Trade conference,…
The 8th Annual Uganda Bankers Conference 2025 concluded on Tuesday with a powerful summation from Kenneth Mumba Kalifungwa, the Chief Executive Officer of Stanbic Bank Uganda, who underscored the pivotal role of…
Uganda is rapidly advancing its position as a significant player in the global gold market, driven by an ambitious strategy to expand domestic gold production and increase value-added activities. This ambitious agenda…
Uganda’s emerging oil and gas sector is reaching a pivotal new phase, marked by a landmark agreement between the Uganda National Oil Company (UNOC) and Vivo Energy Uganda Limited. This strategic partnership,…
In a move signalling a strong commitment to its most valuable asset, its people, dfcu Bank has announced the strategic appointment of Marsha Nyonyozi Walusimbi as its new Chief of People and…
Remittances are more than mere financial transactions; they are the bedrock of Uganda’s economic resilience, a lifeline for millions of families, and a powerful engine for national development. This was the central…
Amidst persistent whispers and misinformation, the Uganda National Oil Company (UNOC) has stepped forward to set the record straight on the nation’s eagerly anticipated journey to first oil production. Tony Otoa, UNOC’s…
In a landmark achievement that resonates beyond its borders, Uganda has positioned itself at the forefront of global medical innovation, as the United States Patent and Trademark Office (USPTO) has formally accepted…
In a critical move to bolster national emergency response capabilities, the Uganda Civil Aviation Authority (UCAA), in conjunction with the Ministry of Works and Transport’s Maritime Department and the Uganda Red Cross…
When global insurance giants shake hands, the tremors are felt far beyond boardrooms, reshaping markets and perceptions across entire economies. In East Africa, and particularly in Uganda, the Sanlam–Jubilee Allianz merger has…
The 3rd Edition of the Annual Agriculture Awards 2025 concluded over the weekend at the Imperial Royale Hotel in Kampala, spotlighting excellence and innovation vital for Uganda’s agricultural sector. Held under the…
A renewed commitment to a key partnership between the United Nations Economic Commission for Africa (ECA) and the Arab Bank for Economic Development in Africa (BADEA) is set to unlock significant benefits…
The Uganda Electricity Transmission Company Limited (UETCL) is set for enhanced operational stability and strategic continuity following the appointment of Eng. Richard Matsiko as Acting Chief Executive Officer. Rising from his previous…
After years of strategic planning and significant investment, Uganda’s long-awaited journey to become an oil-exporting nation is about to be realised. The East African Crude Oil Pipeline (EACOP), a pivotal USD5 billion…
Uganda is set to host a landmark gathering that will redefine Africa’s development finance landscape. The Uganda Development Bank (UDB), in partnership with the Ministry of Finance, Planning and Economic Development on Thursday,…
In a significant development for Uganda’s growing fintech landscape, the Bank of Uganda (BoU) has formally approved the appointment of Doreen Rutazaana as a Director to the Board of Directors of Micropay…
Uganda’s aviation sector has demonstrated robust growth in the first half of 2025, with Entebbe International Airport recording a significant surge in international passenger and cargo traffic. According to the Uganda Civil…
The journey for another cohort of aspiring filmmakers has officially begun at the MultiChoice Talent Factory (MTF) East Africa Academy, marking the start of a new academic year dedicated to nurturing the…
Uganda’s insurance sector is set to undergo a significant transformation after Sanlam General Insurance (Uganda) and Jubilee Allianz General Insurance officially announced their amalgamation, following approval from the Insurance Regulatory Authority (IRA)…
EU, Uganda Tourism Association and Development Partners Chart Path for Sustainable Tourism in Uganda
Uganda’s tourism sector is set for a significant transformation following a high-level meeting where the Uganda Tourism Association (UTA), the European Union and over 20 global development partners convened to address critical…
Uganda’s energy and extractives sector is witnessing a transformative shift, driven by a cadre of exceptional women leaders strategically positioned across key government organisations. These powerful figures are not only steering national…
The Petroleum Authority of Uganda (PAU) is spearheading a critical initiative to bridge and amplify the synergies between Uganda’s promising oil and gas sector and its vibrant tourism industry. This strategic alignment,…
Uganda is intensifying its strategic partnership with the United Kingdom to accelerate its energy transition, enhance the electricity infrastructure, and unlock its vast mining potential. This commitment was reaffirmed during a crucial…
In a move set to boost Uganda’s leading business education institution and strengthen the link between academia and industry, Olive Birungi Lumonya, the Deputy Director General of the Uganda Civil Aviation Authority…
In a landmark decision set to redefine Uganda’s digital and financial landscape, shareholders of MTN Uganda led by Charles Mbire, overwhelmingly approved the structural separation of MTN Mobile Money (U) Limited (MoMo)…
Uganda is intensifying its diplomatic efforts to enhance air connectivity and bolster its thriving tourism sector. A high-level Ugandan delegation, led by the Minister of Tourism, Wildlife and Antiquities, Hon. Tom Butime,…
In a powerful declaration that will reshape the country’s digital landscape, MTN Uganda has unveiled its strategic evolution from a traditional telecommunications provider to a fully-fledged TechCo. This bold transformation, unveiled by…
Stanbic Bank Uganda, under the leadership of Kenneth Mumba Kalifungwa as the Chief Executive Officer, has solidified its position as a superpower in the country’s booming financial sector, being crowned Uganda’s Best…
Uganda is intensifying its commitment to transforming its agri-food systems, securing national food security, and elevating rural livelihoods through a bolstered partnership with the Food and Agriculture Organisation (FAO) of the United…
Despite growing trust, most Ugandan brands remain invisible across Africa. With only 11% of Africa’s most admired brands being African and just 35% of Ugandans buying the local brands they say they…
In a significant move aligning directly with Uganda’s national development agenda and the ‘Tenfold Growth Strategy‘, Stanbic Bank Uganda rolled out a formidable Shs 1 trillion (approximately USD 268 million) to empower…
In an era where corporate strategy and national economic growth are inextricably linked, the Chief Financial Officer (CFO) has emerged from the shadows of the ledger to become the indispensable co-pilot to…
Kenya’s coffee sector, globally renowned for its high-quality Arabica beans, is on the verge of a significant transformation with the entry of The Coffee Club, an Australian café giant. The launch of…
In an economy poised for exponential growth, from its current US$63 billion to an ambitious US$500 billion within 15 years, under the ‘Tenfold Growth Strategy’, the role of the Chief Financial Officer…
East African Breweries Limited (EABL), a powerhouse in the region’s beverage industry, is undergoing a significant leadership reshuffle, signalling a strategic realignment for its future growth in East Africa. The changes, particularly…
In an era where boardrooms are expected to reflect the boldness of the times, Centum Investment Company Plc has made a striking statement; it’s not just about the money, but about leadership…
Absa Bank Uganda is redefining what leadership looks like at the board level, with the appointment of two strategic heavyweights, Gloria Evelyn Byamugisha and Hassan Saleh, as Non-Executive Directors. This isn’t just…
As Uganda Airlines Flight UR111 touched down from London Gatwick at Entebbe International Airport this week, it carried more than just passengers. On the flight deck, First Officer Vanita Kayiwa, a name…
Uganda is charting an ambitious course to dramatically transform its economy, targeting a tenfold increase from its current US$63 billion to a staggering US$500 billion within the next 15 years. This monumental…
Uganda’s tourism sector is soaring to new heights, driving a significant surge in passenger traffic at Entebbe International Airport (EIA) and forging groundbreaking international partnerships. At a time when the Uganda Civil…
For decades, the Uganda Civil Aviation Authority (UCAA), under the leadership of Fred Bamwesigye as the Director General, stood as a symbol of national pride, driving remarkable growth in regional aviation. It…
The Government of Uganda today handed over a fleet of brand-new vehicles to cultural leaders as a way of bolstering its strategic alliance with traditional institutions. This unprecedented ceremony, presided over by…
Uganda’s ambitious ‘Tenfold Growth Strategy’ received a huge boost after the government announced the release of the first tranche of Shs170 billion from the World Bank, earmarked to revolutionise the country’s manufacturing and…
Centenary Bank on Tuesday, July 15, 2025, launched its Interswitch Quickteller Agent Service, in a landmark move set to redefine financial accessibility across Uganda. This strategic partnership, unveiled at a high-profile ceremony…
Uganda’s promising oil and gas sector is urging its local businesses to unite and innovate through joint ventures, recognising this as a critical strategy to unlock their full potential and secure lucrative…
In a strategic move poised to significantly sharpen its competitive edge and expand market footprint within Uganda’s banking sector, Bank of Baroda Uganda has announced the appointment of Mr. Deepak Kumar Mishra…
Africa’s agricultural sector stands at a pivotal juncture, recognised not merely as a cornerstone of its economies but as the central engine for future prosperity. This was the resounding message from the…
Opinion: Uganda’s Oil Future Remains Uncertain As Race to Hit 2026 First Oil Target Hangs in Balance
Uganda’s long-anticipated ‘first oil’ production target of 2026 appears increasingly precarious, overshadowed by a complex web of environmental concerns, infrastructural deficits, policy ambiguities, and persistent governance challenges. According to Ernest Rubondo, the…
In a critical move to bridge the communication gap between government and citizens in this digital age, the Ministry of ICT and National Guidance, in a groundbreaking partnership with DStv Uganda (MultiChoice Uganda),…
Uganda is rapidly emerging as a significant regional player in pharmaceutical manufacturing, charting a course to promote healthcare access and capability across East Africa. This was the key message delivered by Hitesh…
In a strategic move set to directly fuel Uganda’s economic growth and empower its most dynamic demographic, Stanbic Bank Uganda has appointed Brenda Namanda as Manager for Youth and Family Banking. This…
Uganda has embarked on a monumental journey towards achieving universal electricity access, launching the Electricity Access Scale-Up Project (EASP) set to bring power to one million new connections across the nation. With…
Today, as Uganda joins the continent in observing the African Anti-Corruption Day 2025, the focus hinges on an important, yet often overlooked, casualty of graft: human dignity. Under the theme, “Promoting Human…
The Uganda Cancer Institute (UCI) has issued a critical national appeal, drawing urgent attention to the escalating burden of oesophageal cancer in the country. The Institute is calling on the public, health…
In a bid to acknowledge Uganda’s growing innovation landscape, a special delegation from the Uganda Registration Services Bureau (URSB) on Friday conducted an official visit to the DEI BioPharma Ltd medical facility…
MTN MoMo Uganda Limited today unveiled a landmark campaign, ‘The Power to Be More’, signalling a strategic evolution of its platform from a basic money transfer service into a comprehensive digital ecosystem.…
The Bank of Uganda (BoU) is taking decisive action to integrate climate change into the nation’s financial bedrock. Speaking on Thursday at the Inaugural National Private Sector Engagement Forum on Climate Finance…
Kampala is set for a monumental infrastructure overhaul following the signing of a landmark Memorandum of Understanding (MoU) between the Kampala Capital City Authority (KCCA) and Colas UK, a prominent United Kingdom…
Uganda’s agricultural sector is undergoing a profound transformation, with innovation driving unprecedented value creation from unexpected sources. During the 13th CPA Economic Forum held this week, the National Agricultural Research Organisation (NARO)…
A significant step towards bolstering Africa’s sustainable energy future was taken today on the sidelines of the AFRICA 2025 Hydropower and Dams Conference in Accra. The Uganda Electricity Generation Company Limited (UEGCL)…
Uganda is intensifying its global outreach to diversify tourism markets and attract crucial foreign investment. In a strategic move, Ms. Juliana Kagwa, the Chief Executive Officer (CEO) of the Uganda Tourism Board…
Uganda’s journey to becoming an oil-producing nation is rapidly accelerating, marked by significant progress on the East African Crude Oil Pipeline (EACOP). In a powerful display of regional collaboration and commitment to…
A high-level Trade and Investment Mission from Mombasa, Kenya, comprising representatives from 12 companies, conducted a pivotal visit to key trade facilitation structures at Entebbe International Airport on Tuesday, July 8, 2025,…
One hundred days ago, the Uganda Electricity Distribution Company Limited (UEDCL) officially took the reins of electricity distribution from Umeme Ltd, ushering in a new era for Uganda’s power sector. This milestone…
The 13th CPA Economic Forum, hosted by the Institute of Certified Public Accountants of Uganda (ICPAU), has turned into a pivotal gathering for shaping Uganda’s economic trajectory. Far from being just a…
Unilever and Equity Bank have unveiled a Distributor Financing Solution worth KES.2.4 billion that is set to redefine supply chain efficiency and accelerate economic growth in East Africa. This initiative is designed…
In a landmark gathering signalling a concerted effort to foster sustainable economic growth alongside emerging oil development, Buliisa District this week hosted its inaugural Agri-Business Forum Program, courtesy of the Petroleum Authority…
In a vibrant display of cultural reverence, mutual respect, and shared ambition, MTN Uganda’s CEO, Sylvia Mulinge, and a delegation from the telecommunications giant converged at the majestic Igenge Palace in the…
Uganda is poised to join the global community in commemorating World Population Day (WPD) on Friday, July 11, 2025, with national celebrations scheduled at Busaana Town Council Grounds in Kayunga District. Under…
In an era of evolving digital consumption, Publicisteastafrica.com is proud to announce the launch of its groundbreaking new product: the Publicist East Africa Webzine. This cutting-edge quarterly digital magazine is set to…
In a nation where agriculture is the backbone of the economy and a significant percentage of the population relies on it for survival, the story of Celestine Suubi and Suubi Agro Company…
The Uganda Securities Exchange (USE) team is set for a strategic boost following the appointment of Dan Tumuramye as a new Director to its Board. His nomination, appointment, and official reception occurred…
Uganda is at a crucial juncture in its national identity card renewal exercise. While over 5.3 million citizens have already renewed their National IDs, the National Identification and Registration Authority (NIRA) today…
In a bold and strategic move to significantly amplify its global tourism footprint, the government of Uganda, through the Uganda Tourism Board (UTB), in close collaboration with the Embassy of Uganda in…
Stanbic Bank Uganda, under the leadership of Tunde Thorpe, the Executive Head of Business and Commercial Banking, over the weekend donated assorted equipment to Nyantabooma Health Centre III, in Kabarole District. The…
Equity Bank Uganda, a subsidiary of the formidable Equity Bank Group, has announced the appointment of Claver Serumaga as its Executive Director, a strategic move set to accelerate its growth trajectory and…
As the world grapples with unprecedented global shocks, escalating trade disruptions, climate impacts, and geopolitical tensions, a call to action has resonated from the heart of Africa. At the 28th Annual Conference…
The Uganda Civil Aviation Authority (UCAA) has taken a significant leap in elevating the passenger experience at Entebbe International Airport (EIA) with the official launch of the expanded and relocated Karibuni Lounge.…
Uganda has registered a triple victory in continental standardisation leadership, signalling a new era of influence for the nation in shaping global and African trade. This comes after the country secured three…
Uganda’s digital future isn’t just a vision; it’s actively being built, and MTN Uganda stands at the forefront of this transformation. At the recent Middle East and Africa Digital Transformation Summit held…
Stanbic Bank and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH have today unveiled a regional partnership aimed at empowering women’s economic development and advancing environmental sustainability across Uganda, Kenya, and Tanzania.…
Uganda Civil Aviation Authority Boosts Security Collaboration with Police and Prisons Senior Command
The Uganda Civil Aviation Authority (UCAA) on Tuesday hosted a high-level delegation from the Uganda Police’s Senior Command and Staff College, Bwebajja, at Entebbe International Airport. The visit was specifically designed to…
Equity Bank has been named the “Most Admired Financial Services Brand in Kenya” at the Kenyan edition of the Brand Africa Awards 2025. This prestigious accolade, coming shortly after being recognised as…
The Uganda Investment Authority (UIA) is actively courting investors from the United Arab Emirates (UAE), highlighting lucrative opportunities in key sectors such as agriculture, oil and gas, pharmaceuticals, tourism, and trade. This…
Tuesday, July 1, 2025, marked a pivotal moment for financial inclusion in Uganda as MTN MoMo announced a partnership with Sanlam Uganda known as Cover by MoMo. This innovative mobile-based insurance platform…
As Uganda prepares to commemorate the 103rd International Day of Cooperatives on Saturday, July 5, 2025, in Fort Portal City, the Uganda Cooperative Alliance (UCA) has issued a powerful call to action.…
Uganda has officially emerged as Africa’s leading coffee exporter, achieving a remarkable milestone by surpassing Ethiopia with a record 47,606.7 tonnes (equivalent to 793,445 60kg bags) shipped in May 2025, despite the…
A silent yet profound crisis is unfolding across Uganda and indeed, the globe: millions of people are unable to produce the number of children they desire, not due to a rejection of…
In a powerful gathering that underscored the urgency of global financial reform, Dr. James Mwangi, the Managing Director and CEO of Equity Group, joined a formidable coalition of global financial leaders today…
In a highly productive session this week, the Uganda Tourism Board (UTB), led by Ms. Juliana Kagwa, the Chief Executive Officer (CEO), engaged with key development partners to strategise on accelerating the…
The Minister of Energy and Mineral Development, Hon. Ruth Nankabirwa, has today officially launched Uganda’s Biofuels Blending Programme (BBP), marking a significant milestone in the country’s energy transition journey. Nankabirwa, who was…
The Bank of Uganda (BoU), under the leadership of Governor Dr. Michael Atingi-Ego, early this week participated in the Treasurers and Insurance Roundtable held in Washington, D.C., USA a pivotal global convening…
Stanbic Bank Uganda has again cemented its position at the forefront of environmental stewardship, receiving the much-coveted National Environment Management Authority (NEMA) Sustainability Award in the financial institutions category. This prestigious accolade,…
In a bold move that signals rising confidence in Ugandan leadership, Emmy Hashakimana, a seasoned commercial leader and until recently Head of Sales and Marketing at Uganda Breweries Limited (UBL), has been…
The African Export-Import Bank (Afreximbank), a pivotal institution in financing and promoting intra- and extra-African trade, is poised for a new chapter of leadership. Its shareholders have officially appointed Dr. George Elombi…
The backbone of Uganda’s financial inclusion story, the microfinance sector, took centre stage today at the Annual General Meeting of the Association of Microfinance Institutions of Uganda (AMFIU). The gathering, which brought…
Ms. Lucy Nakyobe, the Head of Public Service, has urged Chief Administrative Officers (CAOs) and Town Clerks across Uganda’s local governments to move beyond routine duties and assert their presence through proactive,…
Stanbic Bank Uganda under the leadership of its able Chief Executive Officer (CEO), Kenneth Mumba, has invested at least Shs1 trillion in various initiatives in a bid to drive Uganda’s socio-economic transformation,…
President Yoweri Kaguta Museveni has rejected a request by Rwandan settlers, also known as ‘Bavandimwe’, to be recognised and registered as Ugandan citizens with dual nationality, in a move that reiterates Uganda’s…
The Uganda Communications Commission (UCC) on Thursday convened a crucial Digital Financial Services Workshop in Kampala, bringing together a formidable alliance of telecom companies, banks, law enforcement, and key regulatory bodies to…
Ms. Nancy Owino Amuge, the Manager of Finance at the Uganda Civil Aviation Authority (UCAA), has been elected as a member of the Governing Council of the Institute of Certified Public Accountants…
Uganda is firmly positioning itself at the forefront of ethical Artificial Intelligence (AI) development, demonstrating a strong commitment to harnessing this transformative technology for the promotion of human dignity, inclusion, and shared…
The Ministry of Local Government, in collaboration with the Ministry of Agriculture, Animal Industry and Fisheries, has launched a 16.9-kilometre community access road in Otuke District under the National Oilseeds Project (NOSP).…
Uganda’s flourishing oil and gas sector, with its projection of first oil production by June 2026, is not just about extracting resources; it’s about driving the nation’s broader socio-economic transformation agenda. At…
The Ministry of Works and Transport, under the leadership of General Katumba Wamala, is set to evict car bonds along the Jinja-Kampala highway, in a move to reclaim critical public infrastructure and…
The Uganda Agrifood Systems Investment and Financing Conference, held June 25-26, 2025, at the Kampala Serena Hotel, underscored a vital fact: achieving food security and driving economic growth in Africa is inextricably…
Officiated by the Minister for Energy and Mineral Development, Hon. Ruth Nankabirwa, the summit is highlighting the critical role of smart innovation and sustainable energy in achieving the continent’s ambitious growth agenda.…
In a bid to promote transparency and legal certainty within Uganda’s commercial justice system, the Uganda Registration Services Bureau (URSB) on Wednesday, June 25, 2025, launched its inaugural Case Digest, marking a…
As leaders from across sectors converge at the 2025 Middle East and Africa Digital Transformation Summit in Kampala, one undeniable force takes centre stage: the transformative power of digital inclusion, particularly through…
In a move to drive sustainable development and the promotion of clean energy, Kiira Motors Corporation (KMC) is set to bolster the Uganda Civil Aviation Authority’s (UCAA) transport fleet with six brand-new…
Pride Bank Limited on Tuesday, June 24th, 2025, during a function held at its head offices in Bukoto, Kampala, announced its monumental evolution from a microfinance deposit-taking institution (MDI) into a full-fledged…
In a critical display of regional cooperation and strategic foresight, the Uganda National Oil Company (UNOC) and Kenya Pipeline Company Limited (KPC) on Tuesday convened a vital meeting with Oil Marketing Companies…
The government of Uganda, through the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF), is charting an ambitious course towards a resilient and prosperous future, with its vital AgriFood sector at the helm. …
In a move set to significantly bolster Uganda’s economic landscape, Ecobank Uganda has proudly relaunched its Ellevate banking proposition. This isn’t just another financial product; it’s a comprehensive, women-driven initiative designed to…
In an era where corporate responsibility is under increasing scrutiny, Simpson Birungi, the visionary Chairman and Managing Director of Movit Group of Companies, offers a compelling perspective on the essence of effective…
The spotlight of Africa’s energy future is firmly fixed on Kampala as the Uganda Electricity Transmission Company Limited (UETCL) proudly hosts the Africa Electricity Symposium 2025, kicking off tomorrow at the Mestil…
In a critical era defined by escalating climate challenges, proactive measures are more vital than ever. Recognising the urgent need to address environmental degradation in Uganda, Stanbic Bank Uganda has stepped forward…
In this edition of Captains of Industry, Publicist East Africa profiles a bold force behind one of Uganda’s most notable brand reinventions. Annet Nakiyaga, the Head of Marketing and Corporate Communications at…
Uganda’s economic backbone is unequivocally its Small and Medium-sized Enterprises (SMEs). Accounting for a staggering 90% of the country’s private sector and contributing over 75% to its Gross Domestic Product (GDP), these…
Mark your calendars! The prestigious Brand Africa 100 Awards are making their triumphant return to Uganda, setting the stage for an unparalleled celebration of 15 years of brand leadership and transformative impact…
In the heart of Uganda’s vibrant agricultural landscape, a transformative initiative is taking root, significantly enhancing the well-being of farming communities while solidifying a major industry player’s commitment to local sourcing. Uganda…
Centenary Bank, a cornerstone of Uganda’s financial landscape, has announced impressive financial results for 2024, signalling a robust trajectory of market growth and operational excellence. The bank, under the leadership of Fabian…
Airtel Uganda today announced a significant financial milestone, paying Shs50.31 billion in dividends to the National Social Security Fund (NSSF), its biggest investor. This substantial payment stems from NSSF’s strategic investment in…
Navigating the Digital Frontier: How Rwanda’s Banks Can Profitably Thrive Amidst FinTech Competition
The financial landscape in East Africa is evolving at an unprecedented pace, driven by rapid technological advancements and the emergence of agile FinTech companies. As traditional banking institutions grapple with this dynamic…
In a powerful testament to the transformative potential of grassroots economic empowerment, President Yoweri Kaguta Museveni this week concluded his Parish Development Model (PDM) Zonal Tours in the Greater Mukono sub-region, including…
Uganda successfully concluded its role as a pivotal host for the 15th International Federation of Air Traffic Safety Electronics Associations (IFATSEA) Africa Regional Meeting, a monumental event that has firmly placed the…
This week, a significant new chapter opened for Uganda’s dairy sector and its vital role in nationwide socio-economic transformation. On Wednesday, the Permanent Secretary of the Ministry of Local Government, Mr. Ben…
In a move set to invigorate Uganda’s rapidly advancing oil and gas sector, the Petroleum Authority of Uganda (PAU) has proudly announced the appointment of Mr. Steven Enach as its new Director…
A landmark moment in the global fight against HIV has been cemented with the U.S. Food and Drug Administration (FDA) approval of lenacapavir, a groundbreaking “super drug” for HIV prevention, after pivotal…
Uganda’s burgeoning oil and gas sector is rapidly moving from promise to tangible progress, as evidenced by a landmark five-day benchmarking and learning exchange visit currently underway. The Petroleum Authority of Uganda…
Imagine a future where flights are safer, delays are minimised, and the air we travel through is smarter! That future is not a distant dream, but a rapidly approaching reality, as revealed…
The Uganda Development Bank (UDB) is being lauded for its pivotal role in driving Uganda’s socio-economic transformation, significantly contributing to the nation’s economic growth and the realisation of the government’s development goals.…
Empowering Uganda’s Economy: Centenary Bank Wins Big for Supporting Small Businesses and Agriculture
Centenary Bank, under the leadership of Dr. Fabian Kasi, has been recognised for its outstanding contributions to Uganda’s economic growth, receiving two prestigious awards and three certificates of recognition from the Bank…
Financial reporting is more than just a regulatory requirement; it’s a powerful tool for institutions to communicate their value and impact to stakeholders. According to Peter Ssenyange, the Chief Financial Officer of…
The Annual Sector Performance Review Retreat, held on June 17, 2025, at Mestil Hotel in Kampala, marked a significant milestone in Uganda’s journey towards digital transformation. The retreat, officially opened by the…
Stanbic Bank is revolutionising the way Ugandans make payments with its innovative FlexiPay solution. To celebrate the convenience and benefits of FlexiPay, the bank has launched a campaign dubbed ‘Flexipay Cashback Xplosion’,…
The Uganda National Oil Company (UNOC) has taken a significant step towards accelerating the development of the country’s oil and gas sector by engaging with the Acholi Chiefdom. Tony Otoa, the Chief…
The Petroleum Authority of Uganda (PAU) today formalised a partnership with the Zanzibar Petroleum Regulatory Authority (ZPRA) and the Petroleum Upstream Regulatory Authority (PURA) of Tanzania, through the signing of a tripartite…
Stanbic Bank Uganda has partnered with UNICAF, a leading Pan-African online education platform, to offer up to 82% scholarships to qualifying students pursuing internationally accredited degrees and professional development courses. The partnership…
The Uganda Civil Aviation Authority (UCAA), in collaboration with the Uganda Air Transport Safety Engineering Association (UGATSEA), is hosting the 15th International Federation of Air Traffic Safety Electronics Associations (IFATSEA) Africa Regional…
The 15th anniversary of the Brand Africa Awards has brought another exciting moment for the continent, with Absa Bank’s Group Chief Marketing and Corporate Affairs Officer, Sydney Mbhele Nhlanhla, scooping the Best…
Uganda has taken a significant step towards a tech-driven future with the launch of its first-ever National Science Summit, which is happening at the Kololo Airstrip in Kampala. The event, which was…
Uganda’s Tourism and Investment Roadshow is making significant strides in Turkey, building connections and promoting the country’s unique tourism offerings and investment opportunities. On Day 1, June 16, 2025, a Ugandan delegation…
FINCA Uganda’s Chief Executive Officer (CEO), Mr. James Onyutta, has marked another year of impactful leadership, driving the organisation towards greater financial inclusion and empowerment. Under his guidance, FINCA Uganda, a microfinance…
Uganda’s Minister of Finance, Planning and Economic Development, Hon. Matia Kasaija, a few days ago unveiled the UGX 72.3 trillion National Budget for FY 2025/2026. According to Anita Badagawa Mpora, a Ugandan…
Proscovia Nabbanja, the Chief Executive Officer (CEO) of the Uganda National Oil Company Limited (UNOC), today participated in a panel discussion at the Energy Asia summit in Kuala Lumpur, Malaysia, running from…
Uganda’s industrial sector has undergone significant transformation over the years, and the impact is being felt across the country. According to Hon. Evelyn Anite, the State Minister of Finance for Investment and…
The Uganda Bankers Association (UBA) has elected Cathy Adengo as the Chairperson of its Sustainability Committee. Adengo, who is also the head of Sustainability at Stanbic Bank Uganda, will lead an executive…
The Director General of the Uganda Civil Aviation Authority (UCAA), Fred Bamwesigye, has called for a thorough investigation into the crash of Air India Flight AI171, which claimed the lives of at…
The announcement was made alongside the release of the 2025 edition of the Brand Africa 100 rankings, an annual, independently conducted survey spanning more than 30 African countries and representing more than…
Team MTN Uganda, led by Sylvia Mulinge, the Chief Executive Officer (CEO), this week took its flagship staff volunteerism initiative, the 21 Days of YelloCare, to the Alur Kingdom in Pakwach District,…
The Uganda Securities Exchange (USE) has warned investors against investing money in Umeme’s shares at a time when the company is reporting losses for the financial year 2023/2024. A statement issued by…
The Republic of Rwanda, under the leadership of President Paul Kagame, has quit the Economic Community of Central African States (ECCAS), according to sources in Kigali. The ECCAS exit was announced by…
Uganda’s coffee industry is poised for significant growth with the launch of its third Connect Hub in Serbia. The hub, located in Zajecar, will facilitate trade logistics, promote value-added Ugandan products, and…
The digitisation of the Parish Development Model (PDM) fund is a significant step towards enhancing economic growth and development in Uganda. This revelation was made today by Hon. Matia Kasaija, the Minister…
According to the latest Brand Finance Kenya 2025 Report, Britam, under the leadership of James Mbithi, has once again proven its market leadership in Kenya, retaining its position as the third strongest…
The 4th Annual Labour and Employment Law Conference held recently at Msetil Hotel, in Kampala, provided a platform for industry leaders to discuss crucial topics, including sustainability. Andrew Kilonzo, the Managing Director,…
The East African Crude Oil Pipeline (EACOP) Limited on Wednesday, June 11, 2025, unveiled the EACOP Community Road Safety Project at Hotel Africana, Kampala, which is a significant initiative that will fast-track…
The Coca-Cola Beverages Africa (CCBA) Chief Executive Officer (CEO), Sunil Gupta, this week visited Uganda, accompanied by members of the Executive Leadership Team (ELT). He was accompanied by Chief Operating Officer, Gavin…
Uganda’s youth are rewriting the rules of work and now, with Yinvesta, they can rewrite the rules of money too. The hustle is real. Across Kampala and beyond, Uganda’s Gen Zs are…
The NCBA Golf Series 2025 officially teed off in Uganda this week, marking the beginning of an exciting journey to discover new talent, foster community growth, and promote regional connections. This year’s…
The Nation Media Group (NMG) has appointed Joseph Muganda as its new Board Chairman, taking over from Dr. Wilfred Kiboro, and he is bringing a wealth of leadership experience to the role.…
The Uganda National Traders Alliance (UNATA) has raised concerns about the growing frustrations faced by traders importing goods through Entebbe International Airport. This was revealed today during a meeting between UNATA and…
MTN Uganda’s Strategic Restructuring: Unlocking Competitive Advantage in Telecommunications Industry
MTN Uganda, under the leadership of Sylvia Mulinge, the Chief Executive Officer (CEO), has announced plans to structurally separate its mobile money and financial technology business, MTN MoMo, from its core telecommunications…
The management and staff of Stanbic Bank Uganda this week bid a proud and heartfelt farewell to Ms. Eva Grace Kavuma, who officially retired from the Board of Directors on May 28,…
The Bank of Uganda’s Petroleum Fund Management team, accompanied by senior management from operations and finance, conducted a tour of the Tilenga Project Area over the weekend. The visit, which was steered…
In a bid to fast-track the growth of Uganda’s tourism industry, the Uganda Tourism Association (UTA) has engaged in a marketing partnership with Uganda Airlines. The partnership came to light following a…
The appointment of Allen Kagina as the chairperson of the Technical, Vocational Education and Training (TVET) council is a significant milestone in the development of Uganda’s education sector. Kagina, formerly the Executive…
Uganda’s young robotics innovators returned home over the weekend in triumph after excelling at the 2025 VEX World Robotics Championship, where they competed against more than 800 teams from around the world.…
The agricultural sector is a vital component of Uganda’s economy, providing livelihoods for millions of people and contributing significantly to the country’s GDP. According to the State of the Nation Address (SoNA)…
PostBank Uganda’s attainment of Tier One status is a significant milestone that reflects the bank’s strong performance and commitment to serving its customers. This achievement not only demonstrates the bank’s financial stability…
Post-harvest losses are a significant challenge facing the agricultural sector in Uganda and, largely, Sub-Saharan Africa, with over 37% of food produced lost between production and consumption, according to a report from…
In a significant move to promote sustainable finance and green growth, aBi Finance, headed by Mona Muguma Ssebuliba as the Chief Executive Officer, successfully conducted a nationwide Environmental, Social, and Governance (ESG)…
The rope-pulling between the Government of Uganda and Umeme is not about to end; the latest twist in the saga is that Umeme now demands USD 292M (approximately Shs1,062,885,840,000) as the total…
Stanbic Bank, through its business development initiative, the Stanbic Business Incubator, headed by Catherine A. Poran, as Chief Executive, has partnered with the German development agency GIZ to empower women investing in…
Jumia, Africa’s most ambitious e-commerce experiment, is at a crossroads because of the unstable African E-Commerce landscape. According to Farouk Mark Mukiibi, a Retail Brands Strategist and Marketer, following a major investor…
In a significant move to drive economic growth and empower manufacturers, the Uganda Manufacturers Association (UMA) and the Uganda Electricity Distribution Company Limited (UEDCL) have embarked on a collaborative effort to improve…
As Uganda prepares to celebrate Eid Adha on June 6, 2025, the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) has rolled out strict directives to ensure that meat sold across the…
During the inaugural ceremony of this year’s Brand Africa 100 awards in Addis Ababa, Ethiopia, Standard Bank Group emerged as the Most Admired Financial Services Brand in Africa! The announcement was made…
The power of collaboration and innovation was resonant at the MTN MoMo API Innovations Workshop, which was held today at the Golden Tulip Hotel in Kampala. The event brought together developers, innovators,…
Dfcu Bank has taken a significant step towards driving economic growth and transformation in Uganda with the launch of the dfcu Foundation. The Foundation, which was first established in 2017 as the…
Uganda’s energy sector, just like most African countries, is poised for growth, and public-private partnerships (PPPs) are playing a crucial role in driving this development. However, according to Brian Tahinduka, Stanbic Bank’s Executive…
The Executive Director of the Petroleum Authority of Uganda (PAU), Mr. Ernest Rubondo, has been awarded the prestigious SPE Africa Regional Director Special Award for his exceptional contributions to the Society of…
The African Development Bank Group has a new president, Dr. Sidi Ould Tah, who was elected by the Bank’s Board of Governors on May 29, 2025. Dr. Tah will assume office on…
Uganda’s thriving dairy industry is celebrating a momentous breakthrough, poised for an extraordinary transformation following Algeria’s pivotal decision to import Ugandan milk. This landmark development signals a new chapter of prosperity and…
Proscovia Nabbanja, the Chief Executive Officer (CEO) of the Uganda National Oil Company (UNOC), has been recognised for her outstanding leadership and contributions to the energy sector. She has been awarded the…
The International Civil Aviation Organisation (ICAO) AFI (Africa-India Ocean) Week, currently underway at Victoria Falls, in Zimbabwe, has sparked a lively discussion on sustainability in the aviation industry. A panel on Sustainable…
The Financial Alliance for Women Annual Summit 2025 officially kicked off in Kigali, Rwanda, on Wednesday, May 28, 2025 and is set to be concluded today. The summit, at which the First…
A recent report by Euromonitor International and the Uganda Alcohol Industry Association (UAIA) has highlighted the alarming issue of illicit alcohol in Uganda, which now accounts for 67% of the country’s total…
A Paris court held a crucial hearing this week in a campaigner’s bid for accountability from French energy multinational TotalEnergies over its contentious oil project in Uganda. The East African Crude Oil…
As the world marks Menstrual Hygiene Day on May 28, Ecobank Uganda is taking significant strides to address period poverty and promote girls’ education. The bank has been actively supporting the Keep…
The Uganda Electricity Distribution Company Limited (UEDCL), the entity that took over from Umeme in April this year as the national power supplier, has reaffirmed its commitment to expanding electricity access across…
Castle Placement LLC, a premier private capital investment bank, has been mandated to raise US$5 billion (about Shs18.2 trillion) for 1Stock Limited, an investment management company registered in Uganda. The funding will…
The Uganda Bankers’ Association (UBA) has officially inaugurated the UBA Agro-Industrialisation, Tourism, Mineral development, and Science (ATMS) Technical Working Group, with Stanbic Bank’s Executive Director and Head of Corporate and Investment Banking,…
The National Agricultural Research Organisation (NARO) has made a groundbreaking achievement in the development of a new anti-tick vaccine, NAROVAC, which is set to revolutionise livestock farming in Uganda. The vaccine, developed…
The Uganda Civil Aviation Authority (UCAA) has signed a Management Service Agreement (MSA) with the International Civil Aviation Organisation (ICAO) to launch a partnership focused on evaluating UCAA’s training needs and developing…
As the world grapples with the challenges of poverty and unemployment, a distinguished Agripreneur and Presidential Adviser on value addition, Dr. Hillary Emma Musoke, is calling on youths to leverage on agriculture…
Uganda’s aspirations to become an oil-producing nation have long been in the making. With the discovery of commercial oil reserves in the Albertine Graben nearly two decades ago, the country embarked on…
In a significant move, Union Investment, one of the world’s top 20 global investors, has decided to remove TotalEnergies from its sustainable investment funds. This decision follows serious allegations related to human…
The Ministry of ICT and National Guidance, in partnership with the Japan International Cooperation Agency (JICA), has launched a Business Matching Platform, known as BizLink, to connect Ugandan ICT professionals and companies…
The Kenya Commercial Bank (KCB) Uganda has taken a significant step in supporting the growth and resilience of Uganda’s energy industry by unveiling two new products specifically designed for the oil and…
In a significant milestone for Uganda and African women, Dr. Patricia Ojangole, the Managing Director of Uganda Development Bank (UDB), has been appointed Chairperson of the Association of African Development Finance Institutions…
I write this with a heavy heart; one that aches not only as a mother but as a Ugandan deeply concerned for the soul of our nation. The Ugandan Ministry of Education…
Uganda Airlines is set to benefit significantly from a new partnership with the Nigerian government, UNDP (United Nations Development Programme) Nigeria, and Nigerian Airlines, after it launched a dedicated Nigeria-East and Southern…
The Bank of Uganda (BOU) has unveiled its Strategic Plan 2022-2027, aimed at promoting macroeconomic stability, financial sector development, and sustainable, people-centred growth. According to Prof. Augustus Nuwagaba, the Deputy Governor of…
Unlocking the Power of Digital Inclusion: Why Having Smartphones Alone Isn’t Enough- MTN CEO Mulinge
In today’s connected world, having access to a smartphone is no longer a luxury but a necessity. However, according to Sylvia Mulinge, the Chief Executive Officer (CEO), MTN Uganda, access to a…
Key stakeholders from civil society, government, and the oil and gas sector have pledged to deepen cooperation and foster mutual understanding to advance best practices in business and human rights in Uganda’s…
The launch of the 2025 Brand Africa 100 Awards marks a significant milestone in Africa’s journey to reshape its global image, elevating its economic power and cultural vibrancy on the world stage.…
When a bank finances medicine for the sick, power for a nation, and the dreams of entrepreneurs, it does more than grow its loan book, it secures a stake in the future…
The symposium, themed “Contemporary Local, Regional, and Global Trends in the Agrochemical Industry,” brought together over 200 delegates from various stakeholders, including industry leaders, government officials, development partners, academia, civil society, and…
The Uganda Development Bank (UDB) has signed a USD 30 million (about Shs109,412,100,000) line of credit agreement with the Islamic Corporation for the Development of the Private Sector (ICD), a member of…
MTN Uganda has reaffirmed its commitment to accelerating Uganda’s digital transformation through strategic partnerships and technological innovation. The company, in partnership with the Ministry of ICT & National Guidance, hosted the MTN…
Uganda and China have signed a Memorandum of Understanding (MoU) to enhance technical exchange and collaboration on dam safety. The partnership was signed on the sidelines of the International Commission on Large…
The Bank of Uganda has issued a stern warning to the public against using their National IDs as collateral for moneylenders. This warning was made during the Bank of Uganda Town Halls,…
The Uganda Civil Aviation Authority (UCCA), has taken a significant step towards enhancing aviation safety and protecting the country’s wildlife and tourism sector by constituting the National Committee on Wildlife Hazard Management.…
The ICT Government Round Table, hosted by the Ministry of ICT and National Guidance, in partnership with MTN Uganda, was held today at the Sheraton Kampala Hotel. This high-level engagement brought together…
Dr. Akinwumi Adesina, the African Development Bank President, has warned of economic shockwaves from the new US tariffs, which could have far-reaching consequences for African countries. Speaking to CNN’s Christiane Amanpour, Dr.…
Safaricom’s M-PESA has launched a new set of business solutions designed to empower Kenya’s Micro, Small, and Medium-sized Enterprises (MSMEs). This move is a significant boost to the country’s economy, as MSMEs…
The Uganda National Oil Company (UNOC) is set to showcase the country’s oil investment prospects at the African Energy Week (AEW) 2025, a premier energy investment event. UNOC’s CEO, Proscovia Nabbanja, will…
In a landmark move that reaffirms Uganda’s pharmaceutical self-sufficiency and regional health leadership, Quality Chemical Industries Limited (QCIL) has secured a USD36M ( about Shs131 billion) facility from Stanbic Bank Uganda. The…
A recent scandal involving a Ksh1.5 billion M-Pesa scam has led to the dismissal of 200 employees at Equity Bank in Kenya, which is one of the biggest cleanups in the Bank’s…
MTN Uganda has today extended its continued support to the Anglican Church by donating Shs10,000,000 to the Northern Cluster, which is leading this year’s Anglican Martyrs Day celebrations. The symbolic handover ceremony…
The Uganda Tourism Board (UTB) has a new Chief Executive Officer (CEO), Juliana Kagwa, who was appointed today to lead the organisation that’s key at promoting Uganda’s tourism sector. Her appointment was…
In a significant move that will give the company great competitive advantage, Uganda Breweries Limited (UBL) today signed a 5-year MoU with the Ministry of Foreign Affairs (MoFA), to supply Ugandan Missions…
The Uganda Bankers’ Association (UBA) has appointed Mr. Wilbrod Owor,its Executive Director, as the Secretary for its Central Executive Committee, for a one-year term, spanning from 2025 to 2026. This appointment to…
The Parish Development Model (PDM) is a poverty alleviation project that has been transforming lives and empowering communities in Uganda ever since it was launched by the government in 2022. As part…
Uganda Airlines launched direct flights from Uganda to the United Kingdom early this week, marking a significant milestone in the national carrier’s resurgence. The inaugural flight touched down at London Gatwick Airport…
The agricultural sector is the backbone of Uganda’s economy, providing livelihoods for millions of people. However, the industry is facing a significant threat from counterfeit agro-inputs, which can have devastating consequences for…
A Ugandan student, Emmanuel Kiyonga, has made a groundbreaking discovery in the field of pharmaceuticals, developing a drug that cures breast cancer. The drug, named Raloxifene Hydrochloride Solvate-Hydrate, is the first patent…
The International Commission on Large Dams (ICOLD) has elected Dr. Eng. Harrison E. Mutikanga, the Chief Executive Officer (CEO) of the Uganda Electricity Generation Company Limited (UEGCL), as Vice President for Africa.…
The visit of the National Drug Authority (NDA) to DEI Biopharma Limited’s facility today marks a significant milestone in not only Uganda’s but also Africa’s pharmaceutical industry. This event, according to Dr.…
Kampala’s skyline is undergoing a significant transformation, driven by the vision and expertise of real estate developers like Ashaba Ainea. As the Executive Director of SMS Construction Limited Uganda, Ashaba is behind…
Bharat Thakrar, founding CEO of WPP-Scangroup, whose leadership helped shape East Africa’s marketing and communications landscape. His recent return signals a bold new chapter in the industry. In the fiercely competitive world…
MTN Uganda has reappointed Ms. Karabo Nondumo and Dr. Winnie Tarinyebwa Kiryabwire as Non-Executive Directors, demonstrating the company’s commitment to maintaining strong leadership and governance. This move is expected to further enhance…
In a bid to improve yields for maize farmers in the country, Bukoola Chemical Industries Ltd has launched MetrazinGold, a next-generation herbicide designed to help Ugandan maize farmers manage weeds more effectively.…
The Uganda Civil Aviation Authority (UCCA), which is headed by Fred Bamwesigye as Director General, has issued guidelines for travellers ahead of the Hajj season, which is expected to attract a large…
The pharmaceutical industry in Uganda is poised for a significant global impact after the U.S. Food and Drug Administration (FDA) accepted an application from Dei BioPharma for the review of its Abbreviated…
The Petroleum Authority of Uganda (PAU) is teaming up with Stanbic Bank, collaborating with the Stanbic Business Incubator (SBI) on several enterprise development initiatives, aimed at empowering Micro, Small, and Medium Enterprises…
The Stanbic Business Incubator, a subsidiary of Stanbic Uganda Holdings Limited (SUHL), has graduated 48 entrepreneurs after several months of rigorous training, mentorship, and coaching. The incubator was launched in April last…
The Uganda Communications Commission (UCC) has sounded the alarm on the growing menace of vandalism targeting critical telecom infrastructure across the country. In collaboration with leading telecom operators MTN Uganda, Airtel Uganda,…
Mr. Ernest Rubondo, the Executive Director of the Petroleum Authority of Uganda (PAU), has been honoured among the top five individuals making a Distinguished Individual Contribution to Africa’s energy industry at the…
The Uganda Civil Aviation Authority (UCAA) has achieved a significant milestone with the appointment of its Director General, Mr. Fred K. Bamwesigye, to the Civil Air Navigation Services Organisation (CANSO) Global Executive…
In an era defined by rapid digital transformation and increasing public scrutiny, the power of effective communication has never been more critical for the banking sector. This pressing need has been squarely…
MTN Uganda, in partnership with the Tooro Kingdom, on Thursday May 15, 2025, launched the fourth edition of the prestigious MTN Kabode Tooro Kingdom Amasaza Tournament at Muchwa, with this year’s edition…
The Uganda Tourism Board (UTB) has officially launched the National Marketing Strategy for Uganda’s Tourism Sector, a comprehensive framework designed to promote and position Destination Uganda on the global stage. This initiative,…
Uganda’s Minister of Science, Technology, and Innovation (STI), Dr. Monica Musenero Masanza, has unveiled the government’s ambitious National Science, Technology, and Innovation (NSTI) strategy, which is aimed at driving economic transformation. The…
Uganda’s global innovation ranking currently stands at 121st out of 133 economies, a position that has raised concerns among stakeholders. However, Ms. Nabatanzi Miriam, Commissioner of Copyright and Neighbouring Rights at the…
The construction of Uganda’s oil refinery is set to be a game-changer for the country’s economy, with a macro-economic study by Stanbic Bank revealing that it will add over US$3.3 billion (about…
The agricultural sector is the backbone of Uganda and many African economies, providing livelihoods for millions of people. However, according to experts, the industry is facing a significant threat from counterfeit agrochemicals…
Stanbic Business Incubator Limited (SBIL), a subsidiary of Stanbic Uganda Holdings Limited (SUHL), under the management of Ms. Catherine Poran as Chief Executive, will conduct a graduation ceremony for the 2024 cohort…
In a landmark partnership, Stanbic Bank and the Government of Uganda have joined forces to unveil the Stanbic Women, Youth, and Farmers (WYF) agenda, a groundbreaking initiative to transform the lives of…
Uganda has taken a significant step towards strengthening air connectivity and cooperation with Latvia by signing a Bilateral Air Services Agreement (BASA), signed on May 12, 2025. The agreement was signed by…
President Yoweri Kaguta Museveni, in a surprising departure from his usual rhetoric, has stressed that Uganda’s true path to economic liberation lies in technology, skills, and practical education, not politics. Museveni made…
Uganda has been named among the fastest-growing economies in Africa by the African Development Bank Group (AfDB). According to the latest statistics from AfDB, with a growth rate of 7.2%, Uganda is…
The Minister of State for Animal Husbandry, Hon. (Rtd). Lt. Col. Bright Rwamirama, has emphasised the importance of financial institutions in unlocking Uganda’s agricultural potential. Speaking at the Stanbic Consumer Thought Leadership…
The Dubai Fintech Summit, held this week, brought together industry leaders to discuss the future of finance and technology in Africa and the United Arab Emirates. One of the key takeaways from…
Coffee is a vital crop for Uganda’s economy, contributing 23% of the country’s Gross Domestic Product (GDP) and employing nearly one in four Ugandans. In light of this, the Uganda Registration Services…
Agriculture is the backbone of Uganda’s economy, employing over 70% of the working population and contributing 24% to the country’s Gross Domestic Product (GDP). However, despite its significant contribution, the sector accounts…
Britam Life Assurance has taken a significant step to enhance its market position by signing a retirement benefits agreement with the Northern Corridor Transit and Transport Coordination Authority (NCTTCA). This strategic move…
NCBA Bank Uganda today hosted a media breakfast at its headquarters on Twed Towers, Kampala, under the theme ‘Unpacking the Brand: NCBA’, during which the bank’s strong performance and strategic innovations were…
Stanbic Bank Uganda, in partnership with UN Women, recently launched a transformative program aimed at empowering women in the West Nile region. The initiative, part of Stanbic Bank’s flagship program Stanbic for…
Pride Bank, under the stewardship of Edward Nkangi, the Executive Director, over the weekend held a stakeholder dinner to mark a significant achievement in its journey, celebrating its transformation from a Tier…
A high-level MTN Group delegation, led by Group Chairman Mcebisi Hubert Jonas and Group President and Chief Executive Officer Ralph Mupita, over the weekend visited Uganda’s President, H.E Yoweri Kaguta Museveni, at…
By Publicist East Africa Editorial Desk Uganda’s fertile soils, favourable climate, and hardworking farmers have earned the country a strong reputation as the ‘food basket of Africa.’ But while our agricultural exports…
Absa Bank Uganda’s recent launch of the Absa Digi Loan and online account opening platform is a significant step towards achieving the government’s objectives of financial inclusion and economic growth. According to…
By Publicist East Africa Editorial Desk Uganda is richly blessed with agricultural abundance from coffee fields in the hills of Elgon to sugarcane plantations in Kakira, dairy farms in Mbarara, and fish…
A game-changing opportunity has emerged for small and medium-sized enterprises (SMEs) across Sub-Saharan Africa. The TLG Africa Growth Impact Fund II, backed by a USD 10 million commitment, is poised to bridge…
Angellar Babirye is a Ugandan farmer who is touching the lives of several youth through her start-up known as Lamalo Essentials, an entity from which she is minting money through value addition…
MTN Uganda is set to host the MTN Group Chairpersons’ Forum in Kampala, bringing together high-level delegates from across Africa to discuss the future of connectivity on the continent. As a result…
The East Africa Carbon Markets Forum, held at Méstil Hotel and Residences this week, brought together key stakeholders to discuss the potential of carbon markets in driving climate resilience in agriculture. Mona…
By Publicist East Africa Editorial Team As Uganda accelerates its journey toward middle-income status, one undeniable truth that stands out is that agriculture remains the backbone of the economy. Yet, the full…
The Minister of Agriculture, Animal Industry and Fisheries (MAAIF), Frank Tumwebaze, is set to co-host the Stanbic Consumer Conference scheduled for Tuesday, May 13th, 2025, via Microsoft Teams, starting 7:30AM-1:00PM. Minister Tumwebaze,…
Absa Bank Uganda has announced the appointment of David A. Wandera as its new Managing Director. With over 20 years of banking experience and a strong track record of delivering results, Wandera…
In a significant move to combat money laundering and streamline the flow of foreign currency in Uganda, the Bank of Uganda (BoU), under the leadership of Governor Michael Atingi-Ego, has announced the…
Mountains of the Moon University (MMU) has reached a historic academic milestone with the official accreditation of its first Doctor of Philosophy (PhD) programme in Agro-Ecological Sciences. The development was confirmed following…
In a significant milestone for Uganda’s digital landscape, Bayobab Uganda, an MTN Group company, has unveiled its newest and shortest fibre optic route, the Uganda Railway National Long Distance (NLD), running from…
In the world of robotics, Uganda is making its mark! A team of eight young innovators from Young Engineers Uganda on Tuesday embarked on a journey to the 2025 VEX Robotics World…
In a move set to reshape Uganda’s life insurance landscape, Kenneth Kitariko has been appointed new Chairman of the Board of Directors at Old Mutual Life Assurance Uganda Limited. This appointment marks…
Uganda’s economic growth is poised to receive a significant boost from the acceleration of agro-industrialisation, a strategy that has garnered support from key stakeholders, including Stanbic Bank, plus the Ministry of Agriculture,…
Evelyn Anite, the State Minister of Finance for Investment and Privatisation, has revealed that Uganda’s economy is experiencing a remarkable transformation, growing at an impressive rate of 7% and positioning the country…
This strategic appointment aims to drive development across the Southern African region, leveraging Dr. Mbekeani’s extensive experience in development finance, trade, regional integration, and infrastructure development. Dr. Mbekeani’s Expertise and Experience As…
The sudden and tragic death of Rajiv Ruparelia, son and heir to tycoon Sudhir Ruparelia, has sent shockwaves through Uganda’s business community. Rajiv perished in the wee hours of Saturday morning in…
Uganda has won the bid to host the 66th International Federation of Air Traffic Controllers’ Associations (IFATCA) Conference in 2027, marking a significant milestone for the country’s aviation sector. The announcement was…
Africa’s economy is experiencing rapid growth, driven in part by the thriving stock exchanges across the continent. This is attributed to the Chief Executives and Managing Directors who are guiding these exchanges…
The African Development Bank Group has appointed Ugandan national, Dr. Alex Mubiru, as Director General for East Africa, a strategic move aimed at achieving market expansion in the region. With over 25…
The inclusion of women in Uganda’s oil and gas sector is not just a matter of social justice; it’s also a strategic advantage that can drive economic growth. This was the message…
Music lovers, mark your calendars! This year’s Jazz Festival, set to take place on May 10th, 2025, at Serena Hotel Kampala, promises to be an unforgettable night of smooth jazz, timeless elegance,…
The 10th Energy Convention, themed “Integrating Oil, Gas, and Renewable Energy for a Sustainable Future,” has highlighted several investment opportunities in Uganda’s oil and gas sector. The convention, now in its second…
MTN Rwanda‘s Connect Women in Business (CWiB) campaign has been making waves in the country’s business landscape, empowering women to turn their potential into prosperity and dreams into reality. The 6th edition…
The Uganda National Oil Company (UNOC) is playing a pivotal role in transforming Uganda’s energy landscape, driving economic growth, and improving the lives of Ugandans. According to Proscovia Nabbanja, UNOC’s Chief Executive…
Over 200 marketing professionals. 50+ leading brands. One powerful conversation. This edition of the CMO Breakfast, hosted by Uganda Marketers Society, did not disappoint. Held under the compelling theme “The Leadership Leap:…
In a significant move towards fostering digital inclusion and spurring economic growth, President Yoweri Museveni has given Elon Musk’s Starlink satellite internet service the green light to operate in Uganda. This development…
Uganda is proudly participating in the Arabian Trade Market (ATM 2025) at the World Trade Centre in Dubai, United Arab Emirates (UAE). The event, officially opened by His Highness Sheikh Ahmed bin…
The 10th Energy Convention 2025, powered by Stanbic Bank, the Petroleum Authority of Uganda (PAU), and the Uganda National Oil Company (UNOC), has kicked off at Serena Hotel, Kampala. The convention’s theme,…
The Uganda Civil Aviation Authority (UCAA) has reaffirmed its commitment to ensuring a safe, secure, and efficient air transport environment in Uganda and across Africa. According to Fred K. Bamwesigye, the Director…
Since 2015, the African Development Bank has used these agreements to diversify lending within its sovereign portfolio and deploy capital effectively while preserving a resilient financial base The African Development Bank Group…
The global cocoa market is experiencing a significant surge, and Uganda’s cocoa farmers are reaping big from the trend. With local prices reaching Shs25,000 per kilogram, growers are enjoying strong returns on…
In a rapidly evolving global financial landscape, regulatory vigilance is no longer a choice but a necessity. In Europe, the European Banking Authority (EBA) has taken a critical step forward with the…
The staff and management of MTN Rwanda and MoMo, led by the Chief Executive Officer, Monzer Ali, convened at the Gisozi Genocide Memorial on Monday to pay their respects to the lives…
Dr. Barirega Akankwasah, the Executive Director of NEMA, made the call during an engagement with leaders from five cultural institutions in Uganda. The engagement aimed to create a partnership between NEMA and…
The Uganda Revenue Authority (URA) has banned groupage cargo clearance, citing loss of tax revenue due to fraudulent practices by container leaders. The ban was issued Sunday by the URA Commissioner General,…
Airtel Uganda, under the leadership of Soumendra Sahu, the Managing Director, has taken significant strides in promoting digital inclusion across rural Uganda by launching new network sites and upgrading existing ones. This…
Backyard farming, also known as home gardening or urban agriculture, is a growing trend that offers numerous benefits for individuals, communities, and the environment. By cultivating crops or raising livestock in one’s…
With the international imperative to prevent cross-border transmission, health workers were rapidly reoriented, thermal scanners were deployed, and screening protocols were enforced at 13 key entry points, especially at Entebbe International Airport…
The Uganda National Oil Company (UNOC) over the weekend hosted the esteemed Kwagalana Group, led by their chairman, tycoon Godfrey Kirumira, at the Kabalega Industrial Park, marking a significant step towards exploring…
We believe adaptation efforts are not just necessary for resilience but are also key to unlocking economic opportunities Uganda’s ascent to co-chairmanship of the Coalition of Finance Ministers for Climate Action marks…
Mrs. Samuel-Ogbu brings a wealth of experience spread over three decades leading and transforming the banking sector in Europe, Middle East, and Africa Africa Finance Corporation (AFC), the continent’s leading instrumental infrastructure…
Pioneering Sustainable Finance for Smallholder Farmers and Agribusinesses This week, Publicist East Africa proudly features Mona Muguma Ssebuliba, Chief Executive Officer of aBi Finance Limited, as our Captain of Industry a leader…
Airtel Uganda Managing Director Soumendra Sahu has emphasised the importance of partnerships in shaping Uganda’s digital future. Sahu, who was speaking at the Huawei ICT Congress held at the Four Points by…
The Uganda Electricity Generation Company Ltd (UEGCL) has sounded the alarm on the potential risks associated with the Isimba Hydro Power Dam, warning that it could collapse at any moment, posing a…
The Uganda National Oil Company (UNOC) , led by Proscovia Nabbanja as Chief Executive Officer (CEO), has launched a Menstrual Hygiene Management Program in schools in the Albertine Graben, donating reusable sanitary…
MTN Group, a leading South African telecom conglomerate, recently made a significant executive reshuffle, swapping the Chief Executives of their franchises in South Sudan and Rwanda. Monzer Ali, who was appointed as…
Airtel Uganda, in partnership with MOGO Uganda and Transsion Holdings, has launched an innovative smartphone financing initiative aimed at making quality smartphones more accessible and affordable to Ugandans across the country. In…
The Ministry of Works and Transport has taken a significant step towards boosting trade and tourism in the Rwenzori region by signing a Memorandum of Understanding (MoU) with China State Engineering Construction…
Uganda is poised to harness its energy resources to drive economic growth and development. The upcoming Energy Convention, scheduled to take place from April 29th to 30th, 2025, at the Kampala Serena…
Uganda’s State Minister of Finance for Investment and Privatisation, Hon. Evelyn Anite, has emphasised that manufacturing is the quickest vehicle for the country’s economic transformation. During a tour of industries in Jinja…
MTN Group’s appointment of Monzer Ali as the Chief Executive Officer of MTN Rwanda is a strategic move that is expected to boost the company’s market leadership in the Rwandan telecom industry.…
In the ever-evolving world of fintech, few names shine brighter than Strive Masiyiwa, the Zimbabwean telecom mogul who has reshaped Africa’s digital financial landscape. But now, Uganda has its leader making waves…
Kenya’s luxury hospitality sector is experiencing significant growth, spurred by an increasing arrival of international visitors, a stable economy, and a rising middle class The sector is experiencing significant growth, driven by…
Ugandans are set to gain greater control over their water bills and usage, thanks to the upcoming rollout of smart water meters by MTN Uganda. These advanced devices will provide households and…
Uganda Development Bank (UDB), which is headed by Patricia Ojangole as Managing Director, has introduced the UDB SME Kazi Loan, a tailored financial solution designed to empower small and medium enterprises (SMEs)…
The equipment was delivered today to Mpugwe Health Centre III by a team from Stanbic Bank led by the Chief Executive Officer, Mumba Kenneth Kalifungwa, who hailed the medical personnel at the…
The Bank of Uganda (BoU) has taken a significant step in the fight against financial fraud with the appointment of Dr. Tumubweinee Twinemanzi as Chairman of the Financial Sector Anti-Fraud Consortium. Dr.…
The Uganda Civil Aviation Authority (CAA) this week organised a one-day workshop at Protea Hotel, Entebbe, bringing together key stakeholders from various industries to discuss avenues to strengthen partnerships and enhance Uganda’s…
Uganda’s merchandise export earnings witnessed a remarkable upswing in February 2025, climbing by 32.3% compared to the same period the previous year. Data from the Ministry of Finance, Planning and Economic Development‘s…
Being an entrepreneur in Uganda or anywhere else in the world is both rewarding and challenging. While there’s no secret to success, certain characteristics can increase your chances of building a long-lasting…
Uganda’s discovery and development of oil resources in the Albertine Graben present a rare opportunity for economic transformation. The oil and gas sector has the potential to drive growth, invest in infrastructure,…
In a bid to revamp the country’s power grid, the government of Uganda is set to invest US$ 100m about Shs370Bn in the Uganda Electricity Distribution Company Limited (UEDCL), which took over…
The oil and gas sector is playing a vital role in creating lasting value for communities in Uganda, driving economic growth and transforming lives. According to State Minister for Public Service, Hon.…
The State Minister for Minerals, Phiona Nyamutooro, over the weekend presided over the handover ceremony of assets of Kilembe Mines Limited to Uganda National Mining Company ( UNMC), Sarai Group and Nile…
Quality Chemical Industries Limited (QCIL) has appointed Dr. Frances Philomena Namatovu as its new Executive Director. This strategic appointment is expected to further enhance the company’s business operations, leveraging Dr. Namatovu’s extensive…
A Champion of Integrity, Inclusion, and International Sport Governance This week, Publicist East Africa proudly features Dr. Donald Rukare, the Interim President of Commonwealth Sport, as our Captain of Industry, a testament…
In a move that has sent ripples through the Southern African trade corridors, Tanzania has given South Africa and Malawi an ultimatum over trade restrictions on its agricultural exports. Tanzania’s Agriculture Minister,…
The Petroleum Authority of Uganda (PAU) today hosted a technical delegation from the Tanzania Petroleum Development Corporation on a benchmarking mission at the Authority’s headquarters in Kampala. This visit is a significant…
The growing trade volume between Uganda and the United Kingdom is a significant development for Uganda Airlines and the country’s economic growth. With direct flights between the two nations via Uganda Airlines,…
In the vibrant city of Kampala, where ambition and opportunity intersect, Catherine Poran has emerged as a transformative leader at the helm of the Stanbic Business Incubator Limited (SBIL). A visionary strategist…
Stanbic Bank Uganda this week signed a Memorandum of Understanding (MoU) with Buganda Kingdom through the Buganda Cultural and Development Foundation (BUCADEF) to promote coffee farming among youth in the kingdom. This…
FOCUS Africa will address key investment challenges and unlock high-impact opportunities across multiple sectors, including agribusiness, technology, infrastructure, logistics, energy, manufacturing, mining, tourism, and the blue economy The African Export-Import Bank (Afreximbank),…
Uganda Breweries Limited (UBL) has appointed Catherine Twesigye as the new Head of Premium Spirits, a strategic move to increase the company’s market share in the beverages industry. With over a decade…
Apiculture, or beekeeping, has emerged as a highly profitable sector in Uganda, driven by the growing demand for honey and its byproducts. Mountains of the Moon University, in collaboration with Coöperatie Leren…
Sigenergy, a leading energy innovator, has released its 2024 Environmental, Social, and Governance (ESG) Report, highlighting its efforts to combat climate change, advance clean energy technologies, and contribute to a sustainable, low-carbon…
Kenya’s residential market is experiencing remarkable growth across the income spectrum, driven by increasing demand from local buyers, expatriates, and international investors Kenya’s residential market is thriving, driven by rising demand from…
Ramathan Goobi, the Permanent Secretary of the Ministry of Finance, Economic Planning and Development, has revealed that Uganda Airlines offers numerous opportunities for the local and business community to drive economic growth.…
In a bid to drive economic growth and fight poverty in Uganda, Stanbic Bank has partnered with Buganda Kingdom to empower coffee farmers in the Buganda region. This strategic partnership, which also…
Key Financial Highlights Absa Bank Uganda has announced impressive financial results for the year ended December 31, 2024, with profit after tax surging by 22% to Sh178 billion, up from the previous year.…
GITEX FUTURE HEALTH AFRICA/Morocco will drive unprecedented impact across Africa, leveraging breakthroughs in technology and AI to enhance quality and access to healthcare During the third annual edition of GITEX AFRICA Morocco,…
The African Development Bank Group has committed $934 million to SAPZs in 11 African countries Nigeria’s Cross River State became the second to mark construction of a Special Agro-Industrial Processing Zone after…
The deployment of MTN Uganda’s SASE Business solution has significantly enhanced Post Bank’s operational efficiency, network reliability and security, as well as customer experience. By leveraging this advanced technology, Post Bank has…
GITEX AFRICA Morocco to forge new partnerships and explore new technologies with a broadening impact on Africa’s digital landscape GITEX AFRICA Morocco, the continent’s largest tech and startup show today opened its…
These impressive results highlight Afreximbank’s resilience, systemic relevance and its commitment to delivering on its mandate and the objectives set under its Sixth Strategic Plan African Export-Import Bank (“Afreximbank” or the “Group”)…
NIC Holdings Limited (NIC) has officially announced the retirement of its Managing Director, Mr. Bayo Folayan, effective 30th April 2025, marking the end of a distinguished 13-year tenure. The company also revealed the…
In the spirit of giving and community, MTN MoMo successfully concluded its special Ramadan Remittances Campaign, an initiative designed to reward loyal customers who sent or received money from abroad during the…
A heated dispute has emerged between Umeme Limited and the Ugandan government over the buyout amount following the expiry of Umeme’s 20-year concession in power distribution. The government, through a loan from…
By Our Staff Writer As Uganda’s economy continues to digitize and diversify, the financial sector has seen an impressive transformation, particularly within the forex bureau and money remittance subsector. According to the…
Uganda’s creator economy is rising as a powerful engine for youth empowerment, job creation, and digital innovation. In a country where over 75% of the population is under the age of 30,…
The Ugandan government recently took a significant step towards commercializing its oil and gas sector by signing an implementation agreement with Alpha MBM Investments, a Dubai-based company, to construct a USD$4 billion…
Stanbic Bank, the anchor subsidiary of Stanbic Uganda Holdings Limited (SUHL), hosted an inaugural financial literacy session recently for senior administrators of primary, secondary, and vocational schools in the Kampala Metropolitan Area.…
President Yoweri Kaguta Museveni’s new directive banning the exportation of raw minerals from Uganda aims to promote value addition and boost the country’s economy. “If you cannot process minerals from Uganda, leave…
The Eleventh Session of the Africa Regional Forum on Sustainable Development (ARFSD-11) was marked by a vibrant Knowledge Fair and Exhibition jointly organized by the United Nations Agencies, Funds and Programmes and…
In Uganda, health insurance is still something many associate with the privileged few, a luxury service wrapped in paperwork, unfamiliar jargon, and hefty upfront payments. But a quiet shift is taking place.…
Uganda is taking bold steps to harness private capital as a driving force for economic transformation. According to Josephine Ossiya Okui, Chief Executive Officer of the Capital Markets Authority (CMA), the country…
A side event at the Eleventh Session of the Africa Regional Forum on Sustainable Development (ARFSD) brought together policymakers, economists, and development experts to address the critical challenges and opportunities facing Africa’s…
The National Organic Agricultural Movement of Uganda (NOGAMU) has reaffirmed its commitment to transforming Uganda’s food and agricultural systems by supporting organic producers, empowering women-led enterprises, and driving access to global markets…
The African Development Bank and AFD co-founded ADFI in 2019 with the Gates Foundation and the Ministry of Finance of the Government of Luxembourg The Agence française de développement (AFD) has committed…
The Uganda Electricity Distribution Company Limited (UEDCL) has outlined its ambitious plans to promote industrialization and entrepreneurship in Uganda, following its takeover from Umeme Limited. Despite the challenges faced by the company,…
Op-Ed by Joseph Kanyamunyu Founder & Publisher, Publicist East Africa | Managing Director, Publics Africa Communications | Uganda Partner, Brand Africa When President Yoweri Kaguta Museveni declared at the ARFSD-11 in Kampala…
The East African Crude Oil Pipeline (EACOP) project has taken a significant step towards recognizing and safeguarding the land rights of vulnerable ethnic groups self-identifying as indigenous peoples. In collaboration with the…
In a landmark regulatory development, Uganda’s Capital Markets Authority (CMA) has been granted new and far-reaching powers that could significantly reshape executive leadership in the country’s capital markets sector. The amendments, recently…
The EAPI Summit is East Africa’s premier real estate event, bringing together over 450 global investors, developers, and professionals from the real estate industry Under the theme “Positioning for Opportunity”, Nairobi’s premier real estate…
The Ministry of Finance, Planning, and Economic Development has announced the release of funds for the fourth quarter (Q4) of the 2024/25 financial year, alongside a positive outlook on Uganda’s economic performance.…
Uganda has been voted the Best Investment Destination in East Africa for the third consecutive time at the Annual Investment Meeting (AIM) Congress. This achievement is a testament to the country’s growing…
Uganda has secured €85 million (approximately UGX 340 billion) in development aid from France to significantly improve both water infrastructure and broader urban development in the Greater Kampala Metropolitan Area (GKMA), Finance…
The Deputy Speaker of Parliament, Rt. Hon. Thomas Tayebwa has called upon investors and entrepreneurs in Uganda to stop treating insolvency with stigma, saying that this can only be achieved if they…
As the Easter season approaches, Flexipay by Stanbic Bank has announced a new promotional campaign offering users the chance to win UGX 500,000 when they receive money from relatives abroad. From April…
The United Nations Economic Commission for Africa (ECA) Executive Secretary, Mr. Claver Gatete, has emphasized that aid is no longer a viable solution for Africa’s development. Instead, he says the continent needs…
AFC’s earnings growth was driven by improved asset yields, prudent cost-of-funds management and sustained traction in advisory mandates Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has announced its strongest…
African countries must invest in new and revamp old refineries to secure their energy future, according to Gloria Sebikari, Head of Corporate Affairs at the Uganda Petroleum Authority (PAU). This call to…
In a groundbreaking move to transform the business landscape across Africa, the Afriexim Bank (Africa Export-Import Bank) is poised to unveil the first-ever African Trade Centre (AATC) in Abuja, Nigeria. This state-of-the-art…
The Uganda Electricity Distribution Company Limited’s (UEDCL) recent 14% reduction in power tariffs has been welcomed throughout the country’s manufacturing sector. Manufacturers welcome the move by the entity under Paul Mwesigwa’s stewardship,…
Returning to a previously held role where he provided pro bono advice to the Bank, Rt. Hon. Mitchell is passionate about Africa’s development and has extensive knowledge and experience in managing the…
The 11th Session of the Africa Regional Forum on Sustainable Development (ARFSD-11) concluded at the Speke Resort Convention Centre in Munyonyo, Kampala, bringing together a powerful coalition of African leaders, policymakers, and…
The African Union Commission, United Nations Economic Commission for Africa, and the African Development Bank are hosting the 6th Africa Climate Talks in Kampala, Uganda, on April 7-8, 2025. This critical event…
African Development Bank Group and Nigeria Kick Off $538 million agro-industrial project across eight states Nigeria’s food and agriculture sector is set to enter a new era of industrialization, as the Nigerian…
The Uganda Manufacturers Association (UMA) has a new champion at the helm, with renowned businessman Aga Sekalala Jr. taking over as Chairman of the Board. Sekalala’s appointment is set to transform the…
In a significant move to promote financial inclusion and drive Uganda towards a cashless economy, Housing Finance Bank (HFB) has partnered with Pesapal Uganda. This groundbreaking partnership aims to improve payment solutions,…
The facility will support small and medium-sized enterprises (SMEs) and local corporates engaged in the import sector The African Development Bank and the Bank of Africa Tanzania (BOAT) have signed a $7.5…
Dr. Patricia Ojangole, Managing Director of Uganda Development Bank, has called on African leaders to tap into domestic resources to drive economic growth and reduce reliance on foreign loans. She says this…
Between 2019 and 2022,UK was Uganda’s second largest source of investment after the Netherlands with an average annual foreign direct inflow of USD 685 million and a cumulative stock of USD 3.0…
President Yoweri Museveni’s new ban on the exportation of raw materials aims to encourage value addition in Uganda, potentially transforming the agricultural sector. President Museveni issued the Monday April 7, 2025, via…
In a significant move to enhance digital banking and expand financial access, Ecobank Uganda has entered a strategic partnership with Interswitch Uganda, a leading digital payments and commerce company. This collaboration aims to revolutionize banking…
As the world edges closer to climate tipping points, Nairobi this week becomes the heartbeat of agricultural innovation and planetary survival. At the inaugural CGIAR Science Week, global science minds are converging…
Uganda Breweries Limited (UBL) has made a strategic appointment with the hiring of Josephine Njoroge as the new Director of Finance and Strategy. This move is aimed at boosting the company’s revenue…
In an era where personalized services and exclusivity are becoming the norm, Safaricom PLC has once again raised the bar with the launch of Emerald, a platform designed specifically for their most…
Flavia Tumusiime, one of Uganda’s most celebrated media personalities, has made a dynamic return to the Nation Media Group (NMG) Uganda. In a move that has sparked excitement and intrigue across the…
By Joseph KanyamunyuDirector, Public Affairs & Government Relations, Publics Africa Communications In February 2024, Uganda crossed a critical threshold. The Financial Action Task Force (FATF), the global authority on combatting illicit finance,…
A Parliamentary Leader with the Mindset of a Reformer This week, Publicist East Africa is proud to spotlight Rt. Hon. Thomas Tayebwa, the Deputy Speaker of the Parliament of Uganda, as our…
The Drone-Based Disaster Management Project will establish a drone training centre in Mozambique to train 30 professionals, including 10 instructors The African Development Bank, the government of Mozambique, and Korea’s government agency…
Where Academia Meets Action in Development Finance This week, Publicist East Africa proudly spotlights Dr. Patricia Ojangole, Managing Director of the Uganda Development Bank (UDB), as our Captain of Industry a leader…
In a bold move that signals both continuity and a strategic shift, Absa Bank Uganda has appointed Keith Kalyegira as its new Board Chairman a decision that industry insiders say could catalyze…
Key findings Strong demand conditions drove growth in input buying, as firms stocked up amid anticipation of more upturns in activity later in the year, slightly lifting the monthly Stanbic Purchasing Managers’…
In business, few individuals have impacted the Ugandan economy like city businessman Elvis Sekyanzi Wavamunno, son of tycoon Gordon Wavamunno, the proprietor of Spear Motors and several other business ventures. With a…
MTN Uganda’s leadership team, headed by Ibrahim Ssenyonga, General Manager of the Enterprise Business Unit, visited ATC Uganda on April 1, 2025, to commend CEO Dorothy Kabagambe Ssemanda for her instrumental role…
Located in the new Sports City complex and just 20 minutes from Blaise Diagne International Airport Four Points by Sheraton, part of Marriott Bonvoy’s global portfolio of over 30 brands, today announced the…
The awards celebrate Africa’s most innovative and transformative financial deals, highlighting exemplary execution, effective mobilization of new liquidity pools, and innovative deal structuring Two African Development Bank Group supported projects have garnered…
The Uganda Airlines Mobile App payment system is a real game-changer in the travel industry, revolutionizing the way passengers book and pay for flights. Jenifer Bamuturaki, the Uganda Airlines Chief Executive Officer,…
Absa Bank Uganda has appointed Moses Rutahigwa as Retail and Business Banking Director, effective 02 May 2025. With 17 years of extensive experience in the banking sector, Rutahigwa joins Absa from Standard…
The Petroleum Authority of Uganda (PAU), which is headed Ernest Rubondo, the Executive Director, has reaffirmed its dedication to sustainable oil and gas development, prioritizing the conservation of Uganda’s rich wildlife heritage…
The recent handover of Umeme’s distribution assets to the Uganda Electricity Distribution Company Limited (UEDCL) marks a significant milestone in Uganda’s energy sector. This development is expected to profoundly impact the country’s…
The Uganda National Mining Company (UNMC) has taken a significant step towards transforming the country’s mining sector with the appointment of Dr. Gerald Banaga-Baingi as its Executive Director. This move is expected…
The exhibition’s theme, “Strategies, Challenges, and Best Practices for Artificial Intelligence Integration in Higher Education in Uganda,” highlighted the importance of leveraging AI in learning. Prof. Mary Okwakol, Executive Director of NCHE,…
MTN Uganda has honored Dr. Babra Ofwono, the Founder and Chief Executive Officer of Victorious Education Services (VES), for her outstanding contributions to women’s empowerment, particularly in education and leadership. The recognition…
The government of Uganda and its joint venture Alpha MBM Investments signed an implementation agreement worth US$4 billion (about 14.6 trillion) to construct an oil refinery in Hoima District. This will transform…
Bank of Baroda (Uganda) Limited has released its Annual Report and Audited Financial Statements for the year ended December 31, 2024, showcasing robust financial health and strategic growth. The report highlights the…
Premier Invest has presented a range of investment opportunities, totaling a minimum $1.37 billion, in Africa’s energy and oil and gas sectors at the inaugural Congo Energy & Investment Forum Financial services…
As Uganda inches closer to joining the ranks of oil-producing nations, one project remains at the heart of its ambitions: the East African Crude Oil Pipeline (EACOP). Stretching 1,443 kilometers from the…
The Commissioner General of Prisons, Can. Dr. Johnson Byabashaija, recently hosted a delegation from Stanbic Bank, a member of the Standard Bank Group led by Kevin Wingfield, Head of Personal and Private…
The alliance will harmonize trade practices and introduce a standardised framework that ensures secure, predictable, and efficient trade movement African Export-Import Bank (Afreximbank) and Zep-Re (PTA Reinsurance Company) today launched the Trans-Africa…
Muganwa’s inclusion on the Board signals the bank’s intent to further integrate strategic deal-making and long-term investment thinking into its top-level decision-making an edge that could redefine how Stanbic delivers value to…
In a fresh twist of events, the Auditor General, Edward Akol, has revised the figure for the Umeme buyout from the earlier estimated Shs700.218 billion to Sh432.677 billion, a move that’s bound to…
Uganda’s coffee industry is experiencing a significant surge, with exports reaching unprecedented heights. According to a recent report from the Ministry of Agriculture, Animal Industry and Fisheries, coffee exports in February 2025…
“We will continue to support Lesotho very strongly through our new focus on infrastructure for industrial competitiveness” Akinwumi Adesina The African Development Bank Group plans to invest $331 million in key strategic…
A team of innovative Ugandan researchers, led by Fiona Magoba and Louis Muhindo, has developed a groundbreaking mobile application, PeDD, which empowers farmers to diagnose crop diseases instantly and receive expert recommendations…
The new Abusera International Airport will complement Ethiopia’s recently expanded Bole International Airport, which is expected to reach its annual 25 million passenger capacity limit soon The African Development Bank and Ethiopian…
This groundbreaking event marks the official commencement of construction for this historic project and is a significant step in Barbados and CARICOM’s journey towards economic advancement and regional integration African Export-Import Bank…
In a move to revolutionize mobile money payments, Network International, a leading enabler of digital commerce, has partnered with Dubai-based carrier Flydubai to introduce mobile money payments for customers in Kenya and…
The Minister for Energy and Mineral Resources Ruth Nankabirwa downplayed fears that the power supply in the country is set to be interrupted with the exit of Umeme, following the expiry of…
Nnenna Nwabufo, the Bank’s Vice-President for Regional Development, Integration, and Business Delivery, met with a delegation from the Council led by Deputy Executive Secretary Ali Idi at the Bank’s headquarters in Abidjan…
Uganda Development Bank Unveils Women Prosper Loans to Boost Financial Inclusion and Economic Growth
In a bid to promote financial inclusion and support the government’s objective of economic growth, the Uganda Development Bank (UBD) has launched the Women Prosper Loans. This innovative financial product is specifically…
The aim of the programme is to modernise a strategic section of Cameroon’s road network, which is essential for transporting people and goods between the north and south of the country The…
In a bid to combat deforestation and promote sustainable development, the government of Denmark has pledged to partner with Uganda on a massive reforestation campaign in an initiative that aims to plant…
In a year defined by resilience and growth, Stanbic Uganda Holdings Limited has once again proven its leadership in Uganda’s banking sector. The company’s stellar 2024 financial results underscore its unwavering commitment…
Helpware, a global leader in Business Process Outsourcing (BPO), has welcomed Uganda’s newly launched BPO policy, hailing it as a transformative step in positioning the country as a major outsourcing hub in…
The Ugandan government‘s decision to ban doctors and medical personnel employed by the state from owning and running private facilities is a move aimed at improving service provision in the health sector.…
Somalia’s membership of Afreximbank is a significant milestone that places the country on a path of sustainable economic transformation, upgrading of the country’s trade and industrial infrastructure Somalia has formally acceded to…
The private sector has a critical role in promoting sustainable water usage and mitigating the effects of climate change. This was emphasized by officials from Stanbic Bank Uganda and Uganda Breweries Limited…
As part of its Women’s Month celebrations, MTN Uganda’s Business Segment Manager, Justina Icabala paid a special visit to DFCU Bank’s Executive Director & Chief Corporate and Institutional Banking Officer, Kate Kabaingi…
In a strategic move to expand its product offerings and cater to premium customers, Crown Beverages Limited has launched Nivana Packaged Drinking Water in sleek glass bottles. This innovation not only responds…
Roofings, a leading manufacturer of steel products in Uganda, is playing a vital role in contributing to the country’s economic growth. With its state-of-the-art manufacturing facilities and commitment to quality, Roofings, which…
MTN Uganda, through its Corporate Social Responsibility arm, MTN Foundation, has today officially inaugurated a new school block at Ocokican Community Secondary School in Ocokican Sub-County, Soroti District, in Eastern Uganda. This…
As Uganda’s oil and gas sector continues to evolve, strategic partnerships have emerged as a vital component for driving growth, productivity, and profitability. According to Ali Sekatawa, Director Legal, at the Petroleum…
The Ugandan government has revised the final buyout price for national power distributor Umeme to USD190.9 million, approximately Shs699 billion, from the earlier estimated USD191 million, about Shs700 billion. This development comes…
The Bank has approved 77 projects valued at $3.9 billion to support the implementation of Country Food and Agriculture Delivery Compacts across 32 countries, with an additional $1.72 billion in planned approvals…
Also wins Best Bank for Trade Finance in Burkina Faso, Côte d’Ivoire and Rwanda Ecobank Group, the leading private pan-African financial services group with unrivalled African expertise, is proud to be named…
As the world celebrates Women’s Month, MTN Uganda’s Senior Manager for Supply Chain Logistics, Sharon Nyaika, paid a courtesy visit to Dr. Paulina Chiwangu, the UN Women Representative in Uganda. The visit…
Uganda’s economic transformation can only be achieved through sustainable development, according to Patricia Ojangole, Managing Director of the Uganda Development Bank Limited (UDBL). This statement emphasizes the crucial role sustainable development plays…
Uganda’s national carrier, Uganda Airlines, has launched direct flights from Entebbe to Gatwick Airport in London, marking a significant milestone in the country’s aviation history. This new route is expected to boost…
The East African Crude Oil Pipeline (EACOP) Limited has taken a significant step towards building local expertise in Uganda’s oil and gas sector. In collaboration with Chu Kong Petroleum and Natural Gas…
Over 260 Young Artists Poised to Showcase Talent as Africa’s Creative Economy Gains Momentum Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, is doubling down on its commitment to Africa’s…
In celebration of Women’s Month, MTN Uganda’s General Manager for the Enterprise Business Unit, Ibrahim Senyonga, paid a courtesy visit to Jean Byamugisha, Chief Executive Officer of the Uganda Hotel Owners Association…
The government of Uganda has, through the Climate Change Department (CCD), launched the Climate Mobility Blueprint for Uganda, a groundbreaking initiative developed by the Global Climate Center for Climate Mobility (GCCM), in…
The Executive Director of the Petroleum Authority of Uganda (PAU), Ernest Rubondo, has hailed insurers in Uganda for their transparency in declaring revenue from the oil and gas sector. Speaking at the…
By leveraging platforms like AGES, Africa can strengthen partnerships, unlock funding, and implement policies that drive a sustainable and resilient future The African Development Bank Group participated in the third edition of…
The public relations (PR) industry is going through some pretty wild transformations, and it’s not just about creating buzz anymore. According to the ICCO World PR Report 2024-2025, a wave of changes…
The conference represents a pivotal step in mobilizing the billions needed annually to support Africa’s smallholder farmers, who make up some 80% of the continent’s farming population but control less than 5%…
As Uganda readies itself for the monumental shift in its power distribution sector, the clock is ticking toward April 1, 2025, when Umeme’s long-standing monopoly will come to an end. The transition…
To streamline Uganda’s mortgage financing sector, the Central Bank has tabled before Parliament a Bill that seeks to protect borrowers’ properties from being attached. The Mortgage Refinancing Institutions Bill 2025, which was…
As the world continues to commemorate Women’s Month this March, MTN Uganda’s General Manager of the Enterprise Business Unit, Ibrahim Senyonga, paid a courtesy visit to the Chief Executive of Stanbic Business…
AFC’s diverse membership spans all regions of Africa, reinforcing its role as a leading infrastructure solutions provider for Africa Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has welcomed the…
The Kagera Water Project is nearing completion, with National Water and Sewerage Corporation (NWSC) Managing Director Dr. Eng. Silver Mugisha emphasizing the need for patriotism and collaboration to ensure timely completion by…
The list of schools that qualified to participate in the 10th Anniversary of the Stanbic Bank National Schools Championship has finally been released. The participating schools were announced on Monday during the official…
The African Development Bank (ADB), under the leadership of its outgoing President Akinwumi Adesina, is playing a pivotal role in driving economic growth in various African countries, including Uganda. In recognition of…
The Ugandan government’s recent allocation of an additional Shs 115 billion to Atiak Sugar Factory has raised eyebrows among citizens, with many questioning whether the investment reflects value for money. This new…
IATF is a platform for boosting trade and investment in Africa and aims to tap into opportunities from AfCFTA’s single market of over 1.4 billion people and a GDP of over US$3.5…
Earning Guarantor of the Year, the Market Innovation Award, and African Deal of the Year reaffirms AFC’s expertise in attracting global capital to African markets Africa Finance Corporation (AFC), the continent’s leading…
The discovery of oil and gas reserves in Uganda has sparked a wave of excitement and investment in the country’s energy sector. As the sector continues to grow, it is rapidly developing…
In a strategic move to expand its market share, Nile Breweries Uganda Limited has endorsed a distribution agreement with Red Bull and Charms, becoming the official distributor of Red Bull products in…
The Bank of Uganda, headed by Governor Dr. Michael Atingi-Ego, is taking a significant step towards promoting environmental sustainability by drafting a policy framework that will regulate the impact of banking institutions…
Africa’s Largest Tech & Startup Show Expands, Introducing Industry-Defining Innovations, Global Exhibitors, and Cutting-Edge Digital Initiatives Under the High Patronage of His Majesty King Mohammed VI, May God Assist Him, the Ministry of…
The East African Development Bank (EADB) has embarked on a search for a new Director General, following the departure of Ms. Vivienne Yeda. As the search continues, Mr. Bernard Paul Mono has…
The government of Uganda has allocated Shs60 billion towards the completion and operationalization of the Coffee Value Addition Plant in Ntungamo District. The Coffee Value Addition Plant, being overseen by Nelson Tugume,…
The Bank of Uganda (BOU) is set to introduce sweeping changes to Uganda’s mortgage finance sector with the upcoming Mortgage Refinance Institutions Bill, 2025. Once passed into law, this bill will empower…
Uganda’s Minister for Energy and Mineral Development, Ruth Nankabirwa, has emphasized the need for a sustainable mineral development policy to optimize the country’s natural resources. This call to action comes as Uganda…
Uganda Airlines Limited has strengthened its partnership with the UN Regional Service Centre Entebbe (RSCE) through the signing of a Master Travel Discount Agreement. This collaboration, which was signed by Mr. Paulin…
The Parliament of Uganda on Wednesday approved an additional payment of Shs298 billion to Enrica Pinetti for the construction of Lubowa International Specialized Hospital, bringing the total amount of funds sunk into…
The government of Uganda has set aside Shs. 166.5 billion in a supplementary budget to support the construction of the East African Crude Oil Pipeline (EACOP). This significant allocation aims to accelerate…
In a significant move towards promoting clean energy, Uganda’s Minister of Energy and Mineral Development, Hon. Ruth Nankabirwa, launched the country’s first electronic vehicle (EV) charging station. Nankabirwa said during the launch…
The government of Uganda has secured a significant €85 million (approximately Shs 340 billion) development loan from France, aimed at enhancing water infrastructure and urban development in the Greater Kampala Metropolitan Area…
I’m An Agripreneur: How Aturinda Has Become a Beacon of Hope In Agribusiness With Nouri-Mix Porridge
In the heart of Uganda, a remarkable entrepreneur, Aturinda Catherine, is revolutionizing the agribusiness sector. As a passionate agricultural researcher and clinical nutritionist, Aturinda is dedicated to feeding Ugandans nutritious food while…
MTN Uganda, the country’s leading telecom and technology company, is proud to launch the second phase of its dynamic brand campaign “Together We’re Unstoppable”. Building on the success of its first phase,…
The Petroleum Authority of Uganda (PAU) has emphasized the crucial role journalists play in promoting Uganda’s oil and gas sector, urging them to report on the industry with a sense of national…
Malawi’s $30 billion mining potential is attracting global investors, with major deals and projects set to take center stage at African Mining Week 2025 Malawi could generate up to $30 billion from…
Mengo Hospital has partnered with Rotary Kampala South to enhance its Dialysis Unit, aiming to increase accessibility and affordability of life-saving dialysis services. This collaboration was announced during a fundraising breakfast at…
Uganda’s banking sector is on the brink of a transformative moment as Centenary Bank, one of the country’s leading financial institutions, prepares to list up to 10% of its shares on the…
Uganda’s economic growth is poised to receive a significant boost from the oil and gas sector, according to Christopher Legilisho, a Senior Economist at Stanbic Bank. Speaking at the Stanbic Bank Economic…
The world is facing unprecedented challenges in feeding its growing population amidst rising temperatures, unpredictable weather patterns, and declining soil fertility. However, according to Jean Claude Niyomugabo, a researcher with Agribusiness Community,…
Kampala, Uganda – The Stanbic Economic Insights Symposium 2025 wasn’t just another gathering of policymakers and economists. It was a reality check. And when Adam Mugume, Executive Director at Bank of Uganda,…
The collaboration with SABA aligns with the company’s vision of championing Africa’s narratives, amplifying Africa’s voices, and bridging Africa and the world The Scottish Africa Business Association (SABA), a membership organisation seeking…
As hospitals across Uganda struggle with severe shortages of essential medicines, a report by the Auditor General has revealed a shocking case of mismanagement at the National Medical Stores (NMS), where expired…
The Stanbic Bank Economic Insights Symposium, held at the Serena Hotel in Kampala today, has shed light on Uganda’s economic performance, highlighting the significant role of gold and coffee exports in driving…
The state Minister for Minerals, Hon. Phiona Nyamutoro, joined Inspire Africa Coffee during the weekend to launch the first ever Coffee Marathon in Uganda. The Coffee Marathon, which is set to happen on May…
Kaspersky’s Threat Research and AI Technology Research have jointly identified a sophisticated deception campaign exploiting the rapid growth and public interest surrounding DeepSeek AI Security researchers at Kaspersky have revealed how cybercriminals…
AFC’s delegation, alongside key partners, participated in the ceremonial Market Close, culminating in the presentation of a commemorative glass tablet and the signing of the LSE’s Welcome Book Africa Finance Corporation (AFC),…
Uganda’s Oil and Gas sector is gaining momentum, with the Tilenga Project in the Albertine Rift being a prime example. The latest updates indicate that currently over 110 wells have been drilled,…
MTN Uganda, through its Corporate Social Responsibility arm, the MTN Foundation, is proud to support the Hands of Hope Uganda, a non-governmental organization dedicated to empowering vulnerable young women—survivors of gender-based violence,…
With just one day left to the Stanbic Bank Economic Insights Symposium slated for March 11, 2025, experts at the Bank have unveiled game-changing customer care practices for all business owners in Uganda.…
Over the past four years, Afreximbank has approved over $813 million in financing for Uganda’s public and private sectors, with a pipeline in exceeding US$ 1 billion in pending approvals The quest…
This five-year bond provides an attractive annual interest rate of 6.5% with a two-year capital repayment grace period Ecobank Côte d’Ivoire, a subsidiary of Ecobank Transnational Incorporated, the leading Pan African Bank,…
In Uganda’s agricultural sector, a quiet revolution is underway, driven by the passion and dedication of Catherine Aturinda, a clinical researcher, nutritionist and agricultural enthusiast. As a nutritionist and founder of Nouri-Mix…
In a bold step towards bridging the digital divide, MTN Uganda has provided ICT equipment worth UGX 20 million to the 40 Days Over 40 Smiles Foundation. This donation will boost digital…
The partnership focuses on building essential cybersecurity skills via training programs, including those offered by the Kaspersky Academy In a move to enhance digital security on the African continent, Kaspersky has signed…
Uganda’s oil and gas sector is at a critical juncture, with significant investments pouring in and production expected to commence soon. However, as emphasized by Ms. Lynda Biribonwa, Chairperson of the Board…
MTN Uganda is not just a technology company; we are building the infrastructure for Uganda’s digital future while ensuring our business contributes meaningfully to communities and the environment MTN Uganda has reported…
With this launch, businesses and individuals can benefit from faster, more cost-effective, and secure payments without relying on correspondent banks or third-party currencies The Pan-African Payment and Settlement System (PAPSS), launched by…
The National Renewable Energy Platform (NREP) has launched a nationwide clean cooking initiative to accelerate the transition to green energy and minimize Uganda’s reliance on charcoal and firewood for cooking. Through intense…
With March 31, 2025 fast approaching, the UGX 700 billion buyout of Umeme Limited is shaping up to be one of Uganda’s biggest corporate transitions in recent history. As the government finalizes…
Uganda Airlines, the national carrier, has announced plans to launch flights to Gatwick Airport in London, UK. However, the airline’s financial health raises concerns about its readiness for this ambitious venture. According…
For 2025, growth is projected to recover to 3.0 percent as social conditions normalize and economic activity picks up, especially in services An International Monetary Fund (IMF) team, led by Mr. Pablo…
As the world grapples with the challenges of climate change, energy security, and sustainable development, the role of petroleum resources in the energy mix has become increasingly important. That is the overriding…
The Trade and Development Bank Group (TDB Group) has achieved a significant milestone by securing accreditation from the Green Climate Fund (GCF), positioning itself as a key financial catalyst for climate action…
The communal spirit of the Maasai is reflected in the hotel’s design, with shared spaces like outdoor dining areas and a central bonfire encouraging interaction and connection Tribute Portfolio – part of…
Partnerships are vital in the development of Uganda’s oil and gas sector. This was highlighted by the Minister for Energy and Mineral Development, Ruth Nankabirwa, at the 11th East African Petroleum Conference…
The government of Uganda has, through the Ministry of Energy and Mineral Development, resolved to revive the production of copper at Kilembe mines in Kasese District. This signing of the Mineral…
As Uganda moves towards full control of its electricity distribution, the government has strategically turned to Stanbic Bank Uganda, the country’s leading financial institution, for a crucial loan of Shs700 billion to…
The Bank Group’s mission to Congo explored new funding opportunities for key sectors, including energy, digital infrastructure, and roads Talks held by the African Development Bank Group in the Republic of Congo…
For nearly two decades, Umeme Limited has been the face of electricity distribution in Uganda, playing a pivotal role in power access, infrastructure investment, and stock market dominance. However, as the company’s…
With this expansion, individual entrepreneurs – including those in the formal and informal sectors – can now fully benefit from its enhanced financial and non-financial solutions To bridge the gender financing gap…
Key findings Operating conditions for Ugandan private sector firms improved in February, following a brief decline at the start of the year sending the headline Stanbic Purchasing Managers’ Index (PMI) up to…
Uganda’s financial ecosystem is at a turning point. MTN MoMo and Airtel Money, two of the country’s largest mobile money providers—are locked in a high-stakes battle for digital payment dominance. Both companies…
The African Development Bank (AfDB) has been instrumental in fueling socio-economic development in Uganda through its strategic partnerships with local financial institutions, such as the Uganda Development Bank (UDB). The UDB has…
In a bid to promote sustainable development and reduce reliance on fossil fuels, Housing Finance Bank and the Uganda Energy Credit Capitalisation Company (UECCC) have launched a renewable energy loan program for…
African Development Bank leaders champion climate finance and just transition The fifth edition of the Finance in Common Summit (FiCS) concluded on Friday in Cape Town, South Africa, with strong calls for…
Mumba Kenneth Kalifungwa has officially assumed the role of Chief Executive at Stanbic Bank Uganda, the nation’s largest lender by assets, revenue, and deposits. His appointment was first announced in December of…
After a successful tenure as Chief Executive Officer of Absa Bank, Mumba Kenneth Kalifungwa has bid farewell to the institution, paving the way for his new role as CEO of Stanbic Bank…
In a significant move to enhance Uganda’s agricultural sector, the Uganda National Bureau of Standards (UNBS) has signed a USD 1.5 million (over Shs5.5 billion) partnership agreement with Trade Mark Africa. This…
The Congo Energy & Investment Forum taking place in Brazzaville next month will feature Gianmaria Pozzoli, Director General of state-owned Centrale Électrique du Congo, as a speaker With maintenance nearing completion on…
As the backbone of Uganda’s economy, small businesses play a vital role in driving growth and development. However, navigating the complexities of running a small business can be daunting, and many entrepreneurs…
Christopher Ek, Director of Decarbonization Services at Wärtsilä Energy, will speak at the Invest in African Energy Forum in Paris, as the company plays a key role in Africa’s energy transition and…
After five years of exceptional leadership, Melkamu Abebe is bidding farewell to Coca-Cola Beverages Africa, Uganda, leaving behind a legacy of remarkable growth and success. During his tenure as Managing Director, the…
Okere City in Otuke District, North Eastern Uganda, is home to several hundred young girls and boys who face a major challenge that hinders their educational aspirations. Ageno Rwot Flavia, a 13-year-old…
In a groundbreaking move, Diamond Trust Bank (DTB) has announced a strategic partnership with MTN Uganda, endorsing the newly launched MTN MOMO Virtual Card as a game-changer in business operations in Uganda.…
Small and Medium Enterprises (SMEs) form the backbone of Africa’s economy, driving employment, innovation, and economic transformation. However, their growth is often hindered by financial constraints, limited access to markets, and operational…
In a groundbreaking partnership, Uganda Airlines and Absa Bank have teamed up to support the education and empowerment of the girl child in Uganda. The collaboration is centered around the 3rd Absa…
The Petroleum Authority of Uganda (PAU) has revealed the detailed commercial structure of the East African Crude Oil Pipeline (EACOP), a joint project between Uganda and Tanzania. This breakdown aims to provide…
Ugandan farmers have long struggled with the adverse effects of climate change, which have severely impacted agricultural productivity. However, Dr. Clare Mukankusi, a renowned researcher in improved seeds, is breaking new ground…
The agreement paves the way for support from the Islamic Development Bank to finance the second section of the 205-kilometer Mayo-Singako-Am Timan at an estimated cost of $275.5 million The African Development…
Afreximbank will finance the development and operationalisation of industrial parks (IPs) and special economic zones (SEZs) to bolster the country’s industrialisation and export manufacturing In a groundbreaking move that will redefine Kenya’s…
As Ugandan farmers battle prolonged drought and delayed wet seasons, experts emphasize that sustainable agriculture is the only lasting solution to climate change. Uganda, like many African countries, is increasingly experiencing drought…
Discussions centered on innovative strategies for mobilizing African capital, strengthening financial institutions, and leveraging the role of African Multilateral Financial Institutions (AMFIs) in financing critical development sectors On the sidelines of the…
Uganda is poised to undergo a significant economic boost with the impending oil production, courtesy of revenues from the Oil and Gas sector, according to the Petroleum Authority of Uganda (PAU), which…
The Stanbic Bank Economic Insights Forum, a premier event for business leaders, investors, and policymakers, is set to take place on Tuesday, March 11, 2025, in Kampala. This year’s forum will be…
This landmark initiative will accelerate climate adaptation and sustainable infrastructure across Africa The European Investment Bank (EIB) has committed to join Africa Finance Corporation (AFC) in financing a $750 million Infrastructure Climate…
Amatheon Agri Uganda Ltd. (AAU), a subsidiary of the Euronext-listed Amatheon Agri Holding N.V., has successfully restructured its EUR 20,000,000 convertible bonds and converted EUR 18.66 million in shareholder loans into equity,…
A Major Move in Uganda’s Fintech Space MTN Group Fintech has announced a strategic partnership with Network International as its official payment processor and issuing partner. This collaboration marks a significant step…
Diageo, a global leader in the beverage industry, has announced significant changes to its leadership team. Hina Nagarajan, the current Managing Director and CEO of USL, will take on the role of…
Airtel Uganda’s recent announcement of a record-breaking interim dividend of Shs100 billion for the quarter ending December 31, 2024, has set new benchmarks for shareholder returns while sending ripples across Uganda’s competitive…
In today’s fast-paced business landscape, having a solid financial foundation is crucial for achieving long-term success. According to Lilian Katiso, Managing Director of Zaddock Associates, a well-planned financial strategy serves as the…
Gil Holzman, President & CEO, Eco Atlantic Oil & Gas, will speak at the Invest in African Energy Forum 2025 in Paris, following the company’s recent expansion in the Orange Basin and…
In a bold move to mitigate the devastating effects of climate change, Uganda Breweries Limited (UBL) has demonstrated its unwavering commitment to environmental sustainability. Through innovative energy solutions and reforestation initiatives, UBL…
In a historic move, President Paul Kagame has appointed Dr. Soraya M. Hakuziyaremye as the first female governor of the National Bank of Rwanda (BNR), effective February 25, 2025. This appointment is…
In a significant milestone for conservation efforts in Tanzania, EACOP Limited has signed a Memorandum of Understanding (MoU) with the Tanzania Wildlife Authority (TAWA) to protect the country’s wildlife in project-affected areas.…
The social bond investment promotes inclusive economic development, particularly for SMMEs with a turnover below R300 million and loan sizes under R40 million The African Development Bank Group and Standard Bank Group…
In a country where poverty and unemployment remain significant challenges, innovative entrepreneurs like Angella Babirye are leading the charge in unlocking the economic potential of Uganda’s natural resources. Babirye, the proprietor of…
The planned projects will mark the debut of The Ritz-Carlton in the luxury safari market and the opening of the second JW Marriott safari camp in Kenya Marriott International, Inc. today unveiled…
The Petroleum Authority of Uganda (PAU), under the leadership of Mr. Ernest Rubondo, has moved to calm concerns about the potential dangers of the East African Crude Oil Pipeline (EACOP) to Uganda’s…
In a move set to shake up the insurance industry in Uganda, Aidah Nkwanzi has taken the reins as the new Chief Executive Officer of Britam Life Assurance. A seasoned insurance expert…
Applications are open for schools to compete in the 10th season of the Stanbic National Schools championship (NSC) and the stakes are high on who will win the youth entrepreneurship gong as…
A recent Memorandum of Understanding (MoU) signed between EACOP Limited and the Government of Tanzania is set to bolster the oil and gas sector in Uganda. The agreement, facilitated through the Ministry…
As Chair, Zubairu will drive collaborative growth by strengthening partnerships among member institutions, African governments, and global agencies to build a robust financial architecture The Alliance of African Multilateral Financial Institutions (AAMFI),…
A Leader Bridging Tradition and Economic Transformation For over a decade, Charles Peter Mayiga, the Katikkiro (Prime Minister) of Buganda, has redefined what it means to be a custodian of both culture…
In a move aimed at boosting economic development in South Sudan, the African Development Fund (ADF) has approved a grant of USD 153.66 million (over Shs562 billion) for the Uganda-South Sudan power…
British American Tobacco Uganda Limited (BATU) has announced significant changes to its Board of Directors, effective 1 March 2025. The changes include the appointment of a new Managing Director, the addition of…
Uganda is one of the countries that are most vulnerable to climate change in Africa. Rising temperatures, changing rainfall patterns, and increased frequency of extreme weather events are all taking a toll…
The Petroleum Authority of Uganda (PAU) has reaffirmed its commitment to improving the livelihoods of project-affected Ugandans through agriculture. During a quarterly engagement meeting with Non-Governmental Organizations (NGOs) and private sector players…
Afreximbank Advocates for Increased Local Participation in Guyana’s Oil Value Chain In a landmark announcement at the Guyana Energy Conference and Supply Chain Expo, Prof. Benedict Oramah, President and Chairman of the…
With the Easter holiday season just around the corner, businesses in Uganda are gearing up to capitalize on the increased consumer spending. Financial experts at Stanbic Bank have shared valuable insights on…
The new Sunflower Processing Unit in the eastern district of Uvinza will give a business boost to 21,000 people A new sunflower processing unit in Tanzania’s eastern Uvinza district is transforming the…
The Uganda Electricity Generation Company Limited (UEGCL) has reaffirmed its commitment to supporting the country’s development agenda, as outlined in the National Development Plan (NDP) III (2020/21-2024/25) and the upcoming NDP IV…
Uganda’s economy is poised for a significant boost, thanks to the vast potential of castor oil production. With its high market demand, profitability, and versatility, castor oil is an attractive crop for…
According to Interpol’s 2024 Global Financial Fraud Assessment, business email compromise, romance baiting, phishing, and other online frauds pose growing threats to Africa’s digitalized economy The African Development Bank Group has taken…
The recent rejection by the Ugandan parliament of a request to exempt businessman Donati Kananura from paying taxes worth Shs2,696,768,814 on grounds that he is battling diabetes and prostate enlargement has sparked…
Following Saudi Arabia’s latest energy efficiency cooperation agreement with Egypt, the African Energy Week: Invest in African Energies 2025 conference will provide a vital platform to accelerate partnerships and secure new deals…
The launch of the Uganda Business Process Outsourcing (BPO) campaign is poised to revolutionize the business environment in Uganda. While launching the campaign at Mestil Hotel in Kampala on Thursday, Chris Baryomunsi,…
The exemptions, granted under Section 40(1) of the Tax Procedures Code Act, 2014 were based on financial hardships and the strategic importance of the entities to economic development Parliament has approved tax…
The commissioning of Piston Medical, a state-of-the-art pharmaceutical factory located in Namanve Industrial Park, marks a significant milestone for Uganda’s healthcare and industrial sectors. With the capacity to produce 16 life-saving medical…
As a key G20 member, Brazil is deepening its energy cooperation with African nations through strategic investments, partnerships and knowledge exchange, with this year’s African Energy Week: Invest in African Energies conference…
Uganda’s livestock industry has been plagued by the recurring outbreaks of Foot and Mouth Disease (FMD), resulting in significant economic losses for farmers and the government. To combat this, the government has…
The discovery of oil and gas in Uganda has opened up new opportunities for economic growth and development, with local companies winning contracts worth over Shs748 billion in the last quarter. As…
The advent of electronic banking has revolutionized the way people conduct financial transactions. However, according to business analysts at the Publicisteastafrica.com this convenience has also introduced new risks, particularly in the form…
Airtel Uganda Limited has announced its financial results for the year ended 31st December 2024, showcasing a resilient performance driven by sustained growth in its customer base, data services, and strategic investments…
The Isimba Dam, a Shs2.2 trillion (USD 570 million) project commissioned by President Yoweri Kaguta Museveni in 2019, is on the verge of collapse due to severe damage. This dire situation has…
In a significant milestone for ethical finance, Centenary Bank, Uganda’s leading microfinance institution, has announced that it will host the 17th Annual General Meeting (AGM) of the Global Alliance for Banking on…
As the world grapples with the devastating effects of climate change, Uganda Breweries Limited (UBL) is taking proactive steps to mitigate its impact on local communities. Through its Water for Life Programme,…
Uganda’s oil and gas sector is ripe for investment, with several projects underway that promise significant returns. The Uganda National Oil Company (UNOC) has been actively courting investors, showcasing the country’s favorable…
The presentation reported that 39 African countries have improved their scores since 2016, indicating that visa openness across Africa is at its highest level since the inception of the index On the…
As a poultry farmer, selling raw eggs may seem like the easiest and most straightforward way to earn a profit. However, experts reveal that adding value to eggs can double, or even…
Nike and SKIMS Launch New Brand, NikeSKIMS, Designed to Sculpt; Engineered to Perform Nike, Inc. (NYSE: NKE) and SKIMS are teaming up to disrupt the global fitness and activewear industry with the launch…
The Uganda Tourism Board‘s (UTB) decision to crack down on substandard hotels, lodges, and other accommodation facilities is a bold move to boost Uganda’s tourism sector. Tourism is a significant contributor to…
Today, Publicist East Africa proudly profiles Ms. Nwanne Vwede-Obahor, a true inspiration to women across the globe. As the UNDP Resident Representative for Uganda, Ms. Vwede-Obahor leads and directs UNDP’s efforts to…
Uganda’s government is seeking a massive loan to finance the buyout of Umeme Limited, the country’s main electricity distributor, as its 20-year concession comes to an end on March 31, 2025. The…
Taking place March 13, 2025, the Invest in African Energies investor forum will explore new opportunities for Chinese companies in Africa The upcoming Invest in African Energies investor forum in Shanghai on…
Housing Finance Bank (HFB) has strengthened its commitment to promoting the creation and consumption of renewable energy in Uganda, as the country grapples with the devastating effects of climate change. To achieve…
Dr. Hillary Emmanuel Musoke, the newly appointed Senior Presidential Advisor on Agribusiness, is poised to revolutionize Uganda’s agricultural sector. With his wealth of experience, Dr. Musoke is expected to tackle several key…
The Uganda Revenue Authority (URA) has joined forces with Kenya’s tax body, Kenya Revenue Authority (KRA), to combat cross-border smuggling. This strategic partnership aims to curb illicit trade and tax evasion, promoting…
Dr. Akinwumi A. Adesina, President of the African Development Bank Group (AfDB), delivered a powerful farewell address to African Heads of State and Government at the 38th African Union Summit, marking the…
The Petroleum Authority of Uganda (PAU) is playing a vital role in championing job creation and boosting economic development in the country. Under the leadership of Executive Director Ernest Rubondo, PAU has…
In an interview with Energy Capital & Power, Imperatus Energy CEO Oumar Semega outlined strategies for supply chains and infrastructure development in the Republic of Congo As the Republic of Congo sets…
Uganda is poised to take center stage in global water and sanitation discussions as it prepares to host the 22nd African Water and Sanitation Association (AfWASA) International Congress & Exhibition from February…
The Global Fund is the largest source of funding for malaria, providing 62% of all international financing for malaria programmes Against the backdrop of the 2024 Africa Malaria Progress Report, which reveals…
Uganda’s oil and gas sector is on the cusp of a transformative era, with steady progress toward achieving the country’s national content agenda by 2040. The Petroleum Authority of Uganda, headed by…
The upcoming launch of the South African National Petroleum Company reflects a broader trend across Africa, where nations are restructuring their state-owned energy enterprises to attract investment, improve efficiency and enhance energy…
Uganda’s financial sector is grappling with a myriad of challenges, including rampant fraud, cybersecurity threats, health crises, and geopolitical instability. The latest case of fraud in the banking sector is the theft…
Cancer has swiftly become one of the leading causes of death in Uganda, with over 35,000 new cases reported annually. In a country where healthcare systems are stretched thin and treatment options…
As the business landscape continues to evolve, staying ahead of the curve is crucial for success. The Stanbic Economic Insights Symposium, scheduled for March 11, 2025, at Kampala Serena Hotel, offers a…
Following his recent confirmation as the Governor of the Bank of Uganda, Dr. Michael Atingi-Ego steps into one of the most influential economic roles in the country at a time when Uganda’s…
Airtel Uganda, fresh off its landmark IPO in 2023, is undergoing a significant leadership overhaul that has sparked both intrigue and concern across the telecom sector. In a bold move, the company…
To date, AFC has secured a total of US$700 million in financing from CEXIM, including a US$300 million facility in 2018 and another US$400 million loan in 2023 Africa Finance Corporation (AFC),…
HHA aims to improve access to timely diagnosis and treatment, reducing the burden of this disease across communities AstraZeneca’s flagship health equity programme – Healthy Heart Africa (HHA), marks its 10th anniversary,…
With Chevron’s latest farm-in offshore Namibia highlighting Africa’s investment appeal, African Energy Week: Invest in African Energies 2025 will explore strategies for structuring attractive PSCs and securing high-impact farm-in agreements in Africa’s…
International Oil Companies highlighted Mozambique as an attractive investment destination during the African Energy Chamber’s Invest in African Energies: Mozambique Roundtable in Maputo on Thursday Global energy major, ExxonMobil has invested over…
Uganda has reached a remarkable milestone in healthcare with the introduction of Mesenchymal Stem Cell Therapy (MSCT). Prof. Elly Karuhanga, a renowned lawyer and founding partner at Kampala Associated Advocates, became the…
As the Republic of Congo prepares to host the Congo Energy & Investment Forum (CEIF) 2025 from March 24-26, 2025, in Brazzaville, the spotlight is on the country’s upcoming Gas Code and its potential to transform the…
The Chairman, United Bank of Africa Group, Tony O. Elumelu, has revealed that of all continents, Africa has the highest Return On Investment (ROI). Elumelu, who was speaking at the World Government…
The Uganda National Oil Company (UNOC) is actively courting investors to partner in the exploration and development of the Kasuruban oil and gas block. Philips Obita, UNOC’s General Manager-Upstream, made the call…
The State of African Energy 2025 Outlook provides an overview of the dynamics of Africa’s involvement in the global LNG sector The global energy marketplace is shifting toward the acceptance of natural…
In a groundbreaking move aimed at revolutionizing workplace dynamics, Roke Telkom, Uganda’s homegrown telecommunications provider, has partnered with THAUT, a cloud-based emotional intelligence (EI) platform, to launch an innovative solution designed to enhance organizational…
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Namibia is on the cusp of a transformative era in its energy sector, with recent oil and gas discoveries positioning the country as a key player in Africa’s energy landscape. To harness…
The Republic of Congo is gearing up to showcase its energy potential and investment opportunities at the inaugural Congo Energy & Investment Forum (CEIF) 2025, scheduled to take place in Brazzaville from March 24-26,…
Uganda’s agricultural sector is poised for a significant turnaround, thanks to the government’s focus on leveraging Agriculture Technology (Agritech). This was revealed by Matia Kasaija, the Minister of Finance, Planning and Economic…
In a move aimed at protecting intellectual property rights, the Uganda Communications Commission (UCC) has banned the broadcast of pirated movies, soaps, and dramas on local TV stations. This decision is expected…
A recent Bloomberg report dated February 10th has revealed that the European Union is set to review its multibillion euro foreign aid program, aiming to align the allocation of funds more closely…
The Permanent Secretary of the Ministry for Information Communication and Technology and National Guidance, Dr. Aminah Zawedde, has urged the new Airtel Uganda Managing Director Soumendra Sahu, to leverage ICT networks to…
In a significant milestone, Safaricom, Kenya’s leading telecommunications provider, has been awarded the title of Most Inclusive Brand by Kantar, a renowned research firm. This prestigious recognition underscores Safaricom’s dedication to embedding…
Reeta Roy, the President and CEO of the Mastercard Foundation, has announced her decision to transition from her role after nearly 18 years of transformative leadership. Roy, who joined the Foundation in…
The agricultural sector in Uganda has been dealt a huge blow with the ongoing winding down process of the Uganda Cocoa and Commodities Limited, which is set to be wound up together…
The rapid advancement of technology is transforming the business landscape, making production, sales, and revenue tracking more efficient than ever. Emmy Hashakimana, Commercial Director at Uganda Breweries Limited (UBL), highlighted the impact…
A landmark investment opportunity is on the horizon for Uganda, as President Yoweri Kaguta Museveni recently met with a delegation of investors from Austria’s EcoNetix, a clean energy company. The discussion centered…
The Government of Uganda, in partnership with Centenary Bank and the Private Sector Foundation Uganda (PSFU), has launched a groundbreaking initiative to empower women entrepreneurs through the GROW project. This project has…
The Board of Directors of the African Development Bank Group has approved over $31 million in funding under its African Climate Action Window (CAW) to strengthen climate resilience in Sierra Leone, South…
In a landmark ruling, the Tax Appeals Tribunal has ordered CFAO Motors, formerly Toyota Uganda, to pay Shs2.08 billion to the Uganda Revenue Authority (URA) in a Value Added Tax (VAT) dispute.…
Let’s reflect about the quote. “When the well is dry. We shall know the worth of water” by Benjamin Franklin. He highlights the value of water and the importance of appreciating it…
TDB Group and Anzana Electric Group (“Anzana”) announce the financial close and first utilization of a portfolio project debt package for two run-of-river hydropower projects in Burundi developed by Songa Energy. This…
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L:R - Dr. Michael Atingi-Ego, Newly Appointed Governor, Bank of Uganda, and Prof. Augustus Nuwagaba, Newly Appointed Deputy Governor, Bank of Uganda. INTERNET PHOTOSIn a significant development for Uganda’s financial sector, President…
Dr. Fabian Kasi, the Managing Director of Centenary Bank, has revealed that the bank has invested over Shs200 billion in Ugandan startups since in the past few years. This significant investment has…
Uganda’s coffee industry has once again proven its power as a major economic engine. In December 2024, the Ministry of Agriculture, Animal Industry, and Fisheries (MAAIF) reported an impressive surge in coffee…
In a move set to revolutionize the financial landscape of Uganda, MTN Mobile Money (MoMo) has introduced Digital Credit, an innovative financial service designed to provide individuals and businesses with convenient, secure,…
In a bid to safeguard the interests of shareholders, the Capital Markets Authority (CMA) of Uganda has introduced stringent regulations regarding the appointment or replacement of Chief Executive Officers (CEOs) in companies…
The Uganda Tourism Board (UTB) announced today that its outgoing Chief Executive Officer, Lilly Ajarova, has been appointed as a Senior Presidential Advisor on Tourism. Ms. Ajarova, a respected figure in the…
Nicholas Opiyo, the founding Executive Director of Chapter Four Uganda, a prominent human rights organization, has stepped down from his leadership role after more than a decade. This marks the conclusion of…
The Government of Uganda has set an ambitious target of expanding the country’s Gross Domestic Product (GDP) from USD 50 billion in FY 2022/23 to USD 500 billion by 2040. This tenfold…
Ugandans are known for their resilience, warmth, and entrepreneurial spirit—qualities that define the Pearl of Africa and its people. It is this deep understanding of Uganda’s dynamic and youthful population that has…
The Bank of Uganda’s Monetary Policy Committee (MPC) decision to maintain the Central Bank Rate (CBR) at 9.75% reflects a delicate balancing act between supporting economic growth and mitigating inflationary risks. While…
The Ministry of Agriculture, Animal Industry, and Fisheries (MAAIF) has dismissed concerns raised by certain individuals and Civil Society Organizations (CSOs) regarding the use of specific pesticides in Uganda. In a statement…
Bank of Kigali Plc announced the appointment of Eugene Ubalijoro as its new Chairman of the Board of Directors, effective February 5, 2025. Mr. Ubalijoro succeeds Rod Michael Reynolds, who is retiring…
Dr. James Musinguzi has been appointed as the new Executive Director of the Uganda Wildlife Authority (UWA), replacing Sam Mwandha, whose two-year contract has ended. His appointment marks a pivotal moment for…
The Bank of Uganda’s Monetary Policy Committee (MPC) today announced its decision to maintain the Central Bank Rate (CBR) at 9.75%. This decision comes amidst rising inflation, primarily driven by an increase…
Sustainable agriculture is improving the livelihoods of millions of Ugandans engaged in crop and animal husbandry. Agnes Mbabazi, CEO of Agrifarm Uganda Limited, has taken this mission personally, striving to revolutionize agriculture…
The race for the presidency of the African Development Bank (AfDB) is heating up, with five candidates vying for the top position. As the election approaches in May 2025, the contest is…
Prof. Benedict Oramah and a high-level Afreximbank delegation met with H.E. William Ruto of Kenya during his state visit to Cairo, Egypt, to strengthen financial cooperation and advance Africa’s economic integration. The…
On Tuesday, officers from the Criminal Investigations Directorate (CID) made a bold move in the fight against abuse of government funds by arresting nine senior officials from the Ministry of Finance. The…
In a significant step to improve financial access for farmers and the local business community, Centenary Bank has officially opened a new branch in Kiboga District. The branch, located on 2nd Street,…
Tullow Oil plc announced today that Richard Miller has been appointed as Interim Chief Executive Officer and Chief Financial Officer, effective February 14, 2025. This follows the departure of Rahul Dhir as…
Antonio Guterres, Secretary-General of the United Nations, has expressed his heartfelt condolences following the passing of His Highness Prince Karim Al-Hussaini Aga Khan IV. The Aga Khan, the 49th hereditary Imam of…
Uganda’s telecom industry is set to undergo a significant transformation in 2025, driven by emerging technologies and evolving customer demands. Speaking during a media roundtable at MTN Uganda headquarters in Kampala, MTN…
Airtel Africa, a leading provider of telecommunications and mobile money services across Africa, has announced strong financial results for the nine months ending December 2024. Mobile services revenue grew by 11.4% to…
Equity Bank Uganda recently celebrated the graduation of its first cohort of Equity Leaders Program (ELP) scholars, who have successfully completed their 3-year University Bachelor’s degree programs. The ELP, an initiative under…
A tragic incident at Entebbe International Airport in the early hours of Thursday has not only shocked the aviation community but has also raised critical questions about the safety and communication protocols…
VAALCO Energy, Inc. today announced a significant milestone in its Côte d’Ivoire Floating Production Storage and Offloading (FPSO) Dry Dock Refurbishment Project. As scheduled, hydrocarbon production from the FPSO Baobab Ivoirien MV10,…
Geoffrey Kihuguru, a distinguished businessman and insurance expert, has been appointed as the new Chairman of the Board of Directors at Uganda Development Bank (UDB). Kihuguru, who serves as the Chief Executive…
The World Bank and the African Development Bank (AfDB) have launched “Mission 300,” a joint initiative aimed at providing electricity access to nearly 300 million Africans over the next five years through…
Telecom giant MTN Uganda has appointed Nigerian finance expert Victor Onyebuchi as the Head of Banking Operations for MoMo, its mobile money platform. MTN MoMo (Mobile Money) is a widely used digital…
In a bid to enable Ugandan business operators to have easier and more affordable access to credit, Stanbic Bank Uganda has reduced its USD Prime Lending Rate (PLR) from 13.5% to 13.0%…
The Netherlands government, through the CommonGround project, is empowering farmers in Bunyangabu and Ntoroko districts in western Uganda to engage in large-scale coffee farming. By providing both financial and technical support, the…
Uganda has retained its position as one of Africa’s top financial markets, securing fourth place in the 2024 Absa Africa Financial Markets Index. The report, released in Kampala on January 28th, highlights…
The Bank of Uganda has appointed Collin Babirukamu as its new Chief Information Officer (CIO). Babirukamu brings a wealth of experience in digital transformation, cybersecurity, and financial technology to this critical role.…
Uganda Baati Limited, a leading provider of innovative building solutions, has entered into a strategic partnership with Crestanks Limited, a manufacturer of safe water tanks and storage solutions. The collaboration aims to…
East African Breweries Limited (EABL) announced a 20% surge in profit after tax to KSh 8.1 billion in the first half of 2024, compared to KSh 6.8 billion in the same period…
The Capital Markets Appeals Tribunal has barred the Capital Markets Authority (CMA) from proceeding with an inquiry into the conduct of eight directors of Imperial Bank during the application of a Ksh…
In light of the recent Executive Order by U.S. President Donald Trump, which affected the distribution of life-saving HIV/AIDS medications globally, the Uganda AIDS Commission (UAC) has reassured Ugandans living with HIV…
SLB, a leading global technology company in energy, announced on Wednesday the opening of its Africa Performance Center in Luanda, Angola. This state-of-the-art facility, spanning 3,200 sqft, will serve as a collaborative…
NCBA Uganda yesterday made a significant stride in its sustainability journey by unveiling its first electric vehicle (EV) charging station at its Head Office in Twed Towers, Nakasero. This move aligns with…
The Ministry of health has issued a public warning to all Ugandans and foreigners in the country about an outbreak of the deadly Sudan Ebola Virus Disease in Uganda, which has killed…
Uganda’s healthcare sector is poised for a major transformation with the unveiling of the Aga Khan University Hospital’s Nakawa Specialty Centre. Located strategically along Old Port Bell Road, this state-of-the-art facility is…
MTN Mobile Money (U) Limited (MTN MoMo) has launched Wesotinge Season 2, aiming to further empower Ugandans through accessible, fast, and convenient financial services. Following the success of Season 1, which saw…
Equity Bank Uganda has announced the appointment of Mr. Gift Shoko as its new Managing Director, subject to regulatory approval. Mr. Shoko succeeds Mr. Anthony Kituuka who has stepped down from the…
As Uganda continues to embrace digital solutions, MTN’s “Pay with MoMo” has positioned itself as a key player in the country’s economic transformation. From reducing costs to supporting financial inclusion and boosting…
As part of its commitment to leading digital solutions for Uganda’s progress, MTN Group Fincommerce, a subsidiary of MTN Fintech Group in partnership with MTN MoMo Uganda and collaborating with Mastercard, has…
MTN Uganda has once again solidified its leadership in the telecom industry with exceptional performance over the first nine months of 2024 under the guidance of CEO Sylvia Mulinge. The company’s achievements…
Sarah Arapta, CEO of Citi Bank Speaking at the recent Women’s Economic Empowerment Forum (#WEEForum2024) in Kampala Women constitute over half of Uganda’s population and represent a powerful, yet underutilized economic force.…
In today’s digital landscape, capturing moments through video or social media posts has become nearly instinctive. This shift towards online expression, whether personal or commercial, underscores the influence of the creator economy,…
Dr. Fabian Kasi, Managing Director of Centenary Bank Uganda, stands out as a transformative leader with a visionary approach and unwavering commitment to financial inclusion. In Uganda’s banking landscape, Dr. Fabian Kasi,…
By Isaac Tugume Uganda is grappling with a deadly enemy—counterfeit products—and Speaker of Parliament Rt. Hon. Anita Among is calling for immediate action. Counterfeit goods are flooding the market, posing grave threats…
After more than a decade of anticipation, Uganda’s Karuma Hydropower Plant has finally been commissioned. Launched in December 2013, the project has navigated numerous hurdles—from technical defects and delays to disagreements between…
Service excellence is a vital pillar for the success of any organization, especially in industries where customer satisfaction and operational efficiency are paramount. In today’s competitive business environment, where companies strive to…
In a landmark move set to revolutionize women’s entrepreneurship in Uganda, the World Bank, through the Private Sector Foundation Uganda (PSFU), has announced an unprecedented grant of USD217 million (over Shs807 billion).…
East Africa is making significant strides in space technology, positioning itself as a burgeoning hub for space-related activities on the African continent. The region’s growing interest in space is not just a…
British American Tobacco Uganda Limited has registered a 21.6% increase in net profit from Shs3.7bn to Shs4.5bn for the first six months of 2024, further showing the company’s continued growth trajectory. The…
MTN Uganda has announced a significant 29.7% increase in net profit to Shs 295.7 billion for the half-year ended June 2024, driven by robust growth in voice, data, and fintech services. The…
After a hiatus of over 30 years, the iconic French automobile brand Peugeot has made a triumphant return to Uganda, bringing a blend of elegance, innovation, and economic promise. The re-launch event,…
MTN Uganda successfully held the inaugural MTN ICT Expo 2024, a landmark event set to revolutionize Uganda’s digital landscape. The Expo, held on the 1st and 2nd of August at the prestigious…
PostBank is on a mission to transform the livelihoods of Ugandan farmers. In a strategic move to boost agricultural exports, the bank has equipped 150 cassava farmers and SMEs in Arua District…
CFAO Mobility Uganda has unveiled the highly anticipated Land Cruiser Prado 250 Series, a pinnacle of luxury and performance. This exclusive model, priced at Sh300 million, represents a significant addition to the…
Financial service providers in Uganda have been urged to embrace technological advancements to stay competitive and improve customer experience. This call to action comes from Michael Mugabi, the Managing Director of Housing…
Uganda Airlines is expanding its wings. The national carrier recently announced the addition of three new routes to its network: Lusaka, Zambia; Abuja, Nigeria; and Harare, Zimbabwe. These exciting destinations will be…
In line with its purpose of fostering prosperity for Ugandans, PostBank Uganda has launched a Self-Onboarding ZeroFlex digital account to enable customers to self-register and have access to financial services anywhere and…
A recent article raised significant concerns about the environmental and social impacts of Total Energies’ $10-billion Tilenga project in western Uganda. The project, which involves drilling more than 400 oil wells, many…
Bamburi Cement Limited (NSE: BAMB) witnessed a significant increase in its share price on Thursday, July 11th, 2024. The company’s stock closed at KShs. 57.75 per share, reflecting a remarkable 28.3% surge…
Coca-Cola Beverages is reaping from setting up Africa’s fastest plastic bottle production line in its East Africa operations. It has a capacity of 67,000 bottles per hour and equipped with state-of-the-art technology…
The National Social Security Fund (NSSF) of Uganda has reported significant returns on its investment in MTN Uganda, the country’s largest telecom operator. According to a recent press release, NSSF has earned…
PostBank Uganda Limited has appointed Ibrahim Kato as its new Chief Retail Officer. With over 15 years of experience in the banking sector, Kato brings a wealth of knowledge and expertise to…
Coca-Cola Beverages Africa has appointed Josphat Mwangi to the position of General Manager for its subsidiary, Coca-Cola Beverages Zambia. Confirming the company’s commitment to developing leadership internally, Mwangi joins the Zambian team…
A network of Official Coca-Cola Distributors (OCCDs) is helping to ensure that Coca-Cola products reach Ugandans efficiently in every corner of the country. As a Fast Moving Consumer Goods manufacturer, Coca-Cola Beverages…
Stanbic Uganda Holdings Limited has announced the launch of its Stanbic Unit Trust, strategically entering the nation’s burgeoning Collective Investment Scheme (CIS) market. This move leverages SUHL’s established client base and aligns…
Absa Group Ltd, one of the largest diversified financial service providers in Africa, has concluded further agreements with the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, freeing…
Jubilee Life, a leading insurance provider in Uganda, today announced the launch of its innovative Jubilee Smart Save Plan. This new plan aims to empower Ugandans to prioritize long-term financial security by…
In a significant gesture of strengthening ties and fostering collaborative efforts, the King of Tooro, His Majesty Oyo Nyimba Kabamba Iguru Rukidi IV, made his maiden courtesy visit to the MTN Uganda…
The seventh annual bankers’ conference, hosted by the Uganda Bankers Association (UBA) on June 19th at the Kampala Serena Hotel, buzzed with discussions on Environmental Social and Governance (ESG) issues, reflecting a…
Ugandan building materials producer Uganda Clays Limited (UCL) encountered a revenue decline in its recently concluded five-year strategic plan. UCL’s 2023 revenue dipped to Shs 30.1 billion ($8.4 million) from Shs 36.6…
The Minister of Gender, Labour and Social Development has appointed Mr. Gerald Paul Kasaato as the substantive Deputy Managing Director of the National Social Security Fund (NSSF), Uganda. His appointment follows a…
Leading multi-category app, Glovo has successfully concluded its highly anticipated 3-Day Courier Program, a series of events focused on the growth, development, and recognition of its couriers. The initiative, themed ‘Courier Day’…
Following the outstanding success of the initial phase of its youth empowerment flagship initiative, MTN Uganda’s corporate social responsibility arm, MTN Foundation, has launched the second phase of the MTN ACE program…
MTN Uganda’s sale of shares left over from its 2021 Initial Public Offering was oversubscribed by almost 100%, the telecom executives said on June 13. The company received applications for 3 billion…
RwandAir Cargo is launching new services to Dubai and Djibouti, both operated by its dedicated freighter B738SF. The expansion is part of the airline’s mission to connect Africa and the world, it…
The Bank of Uganda (BoU) took decisive action on June 18, 2024, revoking the license of Mercantile Credit Bank Limited. This move places the bank under liquidation, effectively shutting down its operations.…
MTN Uganda, along with its partners, last Friday, marked a significant extension of support to Ariwa Secondary School in Yumbe District, West Nile region, as part of the “30 Days of Y’ello…
FlexiPay, Stanbic Bank’s digital payment platform, has partnered with International Fund for Agricultural Development (IFAD) and Upesi Money Transfer, a regional payments company, to enable FlexiPay users to send, receive money from…
On the 13th June 2024, MTN Uganda announced the successful completion of its secondary market share offer, which garnered an exceptional 230% subscription rate. This robust response signifies strong investor confidence in…
DHL Global Forwarding’s digital road freight platform Saloodo! has announced that it will be the first logistics company to introduce the UAE’s first electric Mercedes-Benz truck. The fully electric 40-ton eActros 300…
Ecobank, the pan-African financial services Group, officially opens call for applications to the 7th edition of its Fintech Challenge. This annual competition invites early-stage and mature fintech startups to partner with Ecobank,…
As the world recognizes World Environment Day on June 5th, The Coca-Cola Beverages Africa (CCBA) reaffirms its commitment to building a more sustainable future. Coca-Cola acknowledges the importance of environmental responsibility and…
Three years ago, MTN Uganda embarked on an ambitious project to restore 220 hectares of forest cover. This initiative, part of the larger “Uganda is Home” campaign, celebrated the symbiotic relationship between…
The Capital Market Authority (CMA) is pleased to announce the appointment of Mr. Thapelo Tsheole as the new Chief Executive Officer. With a distinguished career spanning over 24 years in the financial…
In a bid to encourage timely loan repayments and responsible financial behavior, NCBA Bank Uganda and MTN MoMo have partnered to launch the “Mo Cash with Mokash” campaign. The eight-week campaign, which…
KCB Group CEO Paul Russo has been named the African Business Leader of the Year by Africa Leadership Magazine. Russo’s selection followed rigorous and competitive competition on the African continent, with leadership…
Monday 27th May 2024. Kampala, Uganda: SBG Securities Uganda Limited (a wholly owned subsidiary of Stanbic Uganda Holdings Limited), in its capacity as the lead sponsoring broker, on behalf of MTN Uganda…
The International Finance Corporation (IFC) has projected that Africa will need to double its annual expenditure to $6 billion in order to expand its digital infrastructure and bridge the connectivity gap between…
Telecom firm MTN Uganda plans to sell shares left over from its deeply undersubscribed 2021 Initial Public Offering to local investors to expand local ownership and comply with regulatory requirements, it said…
Highlights: Johannesburg, South Africa – May 24, 2024 – Despite 64% of Africans expressing confidence in the continent, they remain loyal to non-African brands, which have retained their lowly 14% of the…
The Ugandan government is banking on its comprehensive Business Process Outsourcing (BPO) and Information Technology Outsourcing (ITO) strategy to create 100,000 direct jobs by 2030. This ambitious plan aims to tackle the…
French oil company, TotalEnergies EP Uganda has reaffirmed its commitment to creating more opportunities for young people in Uganda to continue making meaningful contributions in their communities. The commitment was made during the…
Early this year, Stanbic Uganda Holdings, the parent company of Stanbic Bank Uganda, announced a profit of over Sh400 billion after tax. This was attributed to the bank’s innovative lending initiatives. In…
dfcu Limited is celebrating 60 years of operation and impactful service towards fulfilling its purpose of ‘Transforming Lives and Businesses in Uganda’. dfcu was established in 1964 as a development finance institution and since then,…
The Diamond Trust Bank has bid farewell to its former Managing Director, Varghese Thambi, marking the end of his 17-year tenure with the bank. Thambi, who joined DTB in 2007, was hailed…
Uganda Development Bank (UDB) and its partners have today organized a blood donation drive to bolster the much-needed blood bank at Mengo Hospital. Mengo Hospital and Minet are the technical partners in…
Baileys, the renowned Original Irish Cream Liqueur, is breaking new ground with an exciting trial of its revolutionary paper-based bottle. In partnership with PA Consulting, Baileys is introducing a Dry Molded Fiber…
Only one Kenyan fintech startup has made it through into the second cohort of Visa’s Africa Fintech Accelerator program. Out of the possible 20 only CheckUps Medical Hub, an Embedded health Kenyan startup, made…
IFC, a member of the World Bank Group, and Absa Group Limited, a South African-based bank, will provide an up to US$60 million commodity trade finance facility to Volcafe, a leading global…
NMB Bank PLC, Tanzania’s leading financial institution, has listed its maiden three-year US$ 73 million Sustainability Bond on the International Securities Market (ISM) and Sustainable Bond Market (SBM) Platform at the London…
The Fintech Association of Kenya (FINTAK) has appointed Dr. Juliet Ongwae as a Board Director, effective May 20, 2024. Dr. Juliet currently serves as the Senior SupTech Specialist at the Cambridge SupTech…
The United Bank of Africa (UBA) has pledged to set the benchmark for African businesses by forging a united Africa, as it continues on its march towards connecting its customers to the…
Spiro, the largest electric vehicle company in Africa, is charging ahead in its mission to revolutionise sustainable transportation across the continent and it recently signed a heads of terms agreement for a…
The African Export-Import Bank (Afreximbank) and MobiHealthCare Limited (MobiHealth) have signed a project preparation facility agreement that is expected to bolster the expansion of Mobihealth’s telemedicine services in Nigeria, and also assess…
The Uganda Tourism Board (UTB) has announced a comprehensive initiative to register and license all tourism enterprises in the country, aiming to identify and eliminate illegal operators. This move targets all unlicensed…
A Trailblazer in Banking: Ms. Grace Muliisa In the dynamic world of finance, Ms. Grace Muliisa stands out as a transformative leader who has reshaped the banking landscape in Uganda. With a…
Controversy has arisen over the appointment of Eng James Kwesiga Nkamwesiga as Executive Director, of Uganda National Bureau of Standards (UNBS) announced last week. UNBS announced Nkamwesiga successful candidate from the selection…
Liberty Life Assurance Uganda has introduced the Kuza Plan, a revolutionary financial product merging savings with life and disability insurance. Positioned as a beacon of security and adaptability, officials said at the…
The Minister of Trade, Industry, and Cooperatives, Francis Mwebesa, has appointed Eng James Nkamwesiga Kasigwa as the fifth Executive Director of the Uganda National Bureau of Standards (UNBS). In a statement, UNBS…
Equity Group Holdings has announced a remarkable recovery, posting a 25% growth in profit after tax for the quarter ended March 31, 2024. The Group’s profit after tax stood at Kshs 16…
Nicholas Lutakome, the former CEO of Sanlam Uganda, has been named the New Chief Executive of CIC Insurance Uganda Limited. Mr. Lutakome was selected to succeed Mr Richard Ssevume who stepped down in…
AutoXpress Ltd has announced the grand opening of its third branch in Uganda, further expanding its presence in the country. With over 66 years of experience in the automotive industry, AutoXpress boasts…
Standard Chartered Bank Uganda has been named the best-performing Primary Dealer Bank in the Government Securities Market for the year 2022-2023, earning the honour for the second time since the inception of…
Coca-Cola Co. is advancing plans for a significant initial public offering of its African bottling arm as soon as 2025, with a valuation that could exceed US$8 billion. This major financial move…
Absa Bank Uganda, in partnership with World Vision Uganda, has commissioned facilities to improve water and sanitation for the girl-child in Abim district, Karamoja. This intervention aims to promote the continued inclusion…
The Uganda Tourism Board (UTB) and Emirates Airlines have signed a partnership agreement aimed at promoting Uganda’s diverse tourism offerings to a global audience. The collaboration, announced by UTB CEO Lilly Ajarova,…
Safaricom Plc has released its financial results for the full fiscal year of 2024, reporting robust earnings propelled largely by its M-Pesa mobile money platform. In its Kenyan operations, Safaricom witnessed a…
Absa Bank Uganda and DHL Uganda have announced a partnership to support 800 Small and Medium Enterprises (SMEs) in accessing export markets through the 2024 ‘Growing Beyond Borders’ Entrepreneurial Training Programme. The…
A team of researchers from Makerere University Centre for Environment for Development Initiative (EfD-Mak Center) on Friday 3rd May 2024 went to Parliament to share study findings on Uganda’s heavy reliance on fuel wood and…
The 2nd Uganda-Tanzania Business Forum is set to take place on May 23-24, 2024, at the Johari Rotana Hotel in Dar es Salaam, Tanzania. The event aims to strengthen the longstanding ties…
MTN Uganda has its financial performance report for the first quarter ended 31 March 2024, indicating growth across all segments of the business. According to the report, despite MTN Uganda operating in…
Uganda Airlines has taken a significant leap forward in its expansion plans with the arrival of a brand-new Airbus A320 aircraft at Entebbe International Airport. The 160-seat aircraft, configured with a 12-seat…
Mumba Kenneth Khalifungwa is a distinguished leader serving as the Managing Director of Absa Uganda, bringing with him a wealth of experience and a visionary leadership style. His tenure has been marked…
A thriving creative economy fuels innovation, jobs, and economic growth across Africa. Recognizing this potential, the African Union and Google Africa have joined forces to launch the #DiscoverMyAfrica Shorts Challenge, a month-long…
East Africa Regional Director for the Ford Foundation Jessica Horn paid a courtesy call on the Judge President of the East African Court of Justice (EACJ), Justice Nestor Kayobera, at the EACJ…
Technology is the major catalyst for spurring insurance uptake and penetration in the foreseeable future according to Jubilee Life Insurance’s Diana Ndege Ssempasa. Ssempasa who was speaking at the 13th Annual Insurance Agents…
MTN Uganda has strengthened its grip on the mobile networks market, growing its new customer base by more than 500,000 in the past four months to hit 20 million. The telecom company’s…
The Agricultural Business Initiative (aBi) has launched two innovative programs worth Ushs66.8 billion to revolutionize Uganda’s agricultural sector and tackle the climate crisis. The Green Agrifood System Programme (GRASP) and Accelerating Adoption…
Kenya’s Gross Domestic Product (GDP) growth is projected to slow down to 5% in 2024 from 5.3% in 2023 before jumping to 5.3% in 2025. Apart from Kenya, Côte d’Ivoire and Benin,…
Africa’s massive debt load and the nature of many of its resource-backed loans are compromising its economic potential, the African Development Bank’s (AfDB) President Akinwumi Adesina said recently. “I think it’s time…
In a strategic move to improve financing for Quickteller agents, Asante Financial Services Limited and Interswitch have partnered to unveil a pioneering credit service called Agent Float Financing. The new service, which…
I&M Bank Uganda has partnered with the Nnaabagereka Fund for the inaugural Queen’s Ball, a prestigious dinner event aimed at supporting women, youth, and children in Uganda. The Queen’s Ball, scheduled to…
Johnson & Johnson had received scorn for executing the so-called Texas Two-Step bankruptcy strategy. The healthcare titan was facing thousands of claims about allegedly carcinogenic talcum powder. Taking advantage of a quirk…
Parliament has approved a supplementary expenditure budget worth Shs1.106 trillion for settling the offtake arrangement between government and DEI Pharmaceuticals, wage and pension and gratuity shortfalls. During plenary on Tuesday, 30 April…
Carrefour, operated by Majid Al Futtaim in Uganda, has announced a UGX 7 million sponsorship of the Kyambogo Ultra Challenge Run, scheduled for May 4th, starting at the Kyambogo University Cricket Oval.…
LR: The Speaker of the Parliament, Anita Annet Among, Mary Goretti Kitutu, the Minister for Karamoja Affairs between 2021 and 2024, Agnes Nandutu, the State Minister for Karamoja Affairs between 2021…
Absa Life Assurance Kenya (Absa Life), an Absa Group subsidiary, has reported an increase in gross profit to KSh 862 million in 2023. “Absa Life continues to maintain a healthy quality of…
Wallace Pescarini, the President of SLB Offshore Atlantic Basin // PHOTO COURTSEY Ernest Rubondo, the Executive Director of the Petroleum Authority of Uganda, has commended SLB (formerly known as Schlumberger) for its…
In the ever-evolving landscape of financial services, one term has been making significant waves – Bancassurance. This harmonious combination of banking and insurance not only simplifies a complex concept but also creates…
In a groundbreaking move, TotalEnergies, a global leader in energy production and innovation, is revolutionizing employee engagement and empowerment, extending its transformative initiatives to its workforce in Uganda. This strategic shift not…
The Central Bank of Kenya (CBK) Weekly Treasury Bills Auction underperformed for the first time in 8 months. Bids received by the fiscal agent at this week’s auction amounted to KSh 23.6 billion, a…
Paris, April 26, 2024 – Employee shareholder ownership is the best way to associate the employees with the Company’s transition strategy, and therefore it is at the heart of TotalEnergies’ value sharing policy.…
Salaam Bank Uganda, a provide of Shariah-compliant financial services, has won the Best New Islamic Bank award at the prestigious Islamic Finance News (IFN) Global Awards, 2024. The coveted global award recognises…
Rotary International President Representative Brenda Cressey and speaker Anita Among at the 2024 Cancer Run launch at Nsambya Hospital. Looking on right is Fabian Kasi the Managing Director of Centenary Bank (right…
Uganda Baati has launched its 60th anniversary campaign at a media event held in Kampala today. Founded in 1964, Uganda Baati has been at the forefront of the steel manufacturing industry, introducing…
The world’s electric car fleet continues to grow strongly, with 2024 sales set to reach 17 million. Despite near-term challenges in some markets, based on today’s policy settings, almost 1 in 3…
The African Development Bank Group (AfDB) has reached a negotiated settlement with China Henan International Cooperation Group over failure to disclose it used a commission agent for a road project in Uganda.…
Sylvia Mulinge, CEO MTN Uganda MTN Uganda reports a 16.1 percent growth in revenues to 2.63 trillion shillings for the year 2023. Most of the revenues, (1.12 trillion) still came from voice…
Photo Courtesy: Bamburi Cement PLC Bamburi Cement PLC has sold 1.3 million ordinary shares of its Ugandan unit to Sarrai Group Limited and Rwimi Holdings amidst shrinking demand in the cement market.…
Anne Juuko The Standard Bank Group has appointed Stanbic Bank Uganda Chief Executive Anne Juuko to a new leadership role as Global Markets Regional Head-East Africa. The appointment is effective 1 April…
Michael Mugabi, Managing Director/CEO of Housing Finance Bank highlighted what he described as the bank’s strategic focus on enabling micro, small, and medium enterprises (MSMEs), especially those owned by women. Uganda’s Housing…
NSSF Managing Director Patrick Ayota. The National Social Security Fund (NSSF), Uganda’s national savings scheme, has hit Ugshs 20 trillion in Assets Under Management (AUM), one and a half years ahead of…
The Minister of Energy and Mineral Development, Ruth Nankabirwa who chaired the AGM said the government is committed to supporting UEDCL as it prepares to take over Umeme territory to ensure the…
As the global investment landscape continues to evolve, Africa stands at the forefront of emerging opportunities, poised for sustainable economic growth and development. Recently, the 7th Pensions Funds and Alternative Investments Conference…
Chimpanzees: Photo: Internet As the world gears up to celebrate World Wildlife Day today, Uganda stands at the forefront of efforts to connect people with the planet, particularly in the realm of…
Introduction: In a bold move that signals a new era for the iconic beverage brand, Pepsi recently unveiled its first major global redesign in 14 years. Rooted in its rich heritage yet…
COURTESY PHOTO: Grace Semakula, Newly appointed Chief Executive for SBG Securities Uganda Limited (SBGS) Stanbic Uganda Holdings Limited (SUHL) has appointed Grace Semakula as the new Chief Executive for SBG Securities Uganda…
Courtesy Photo: Chief Executive Officer, Mark Muyobo NCBA Bank unveiled its revamped Premier Banking offering, targeting premier banking customers, prospects, and high-value stakeholders. The key features of the enhanced offering include extended…
From Pinterest: Admassu Tadesse, TDB Group President and Managing Director Admassu Tadesse Admassu Tadesse stands at the forefront of Africa’s financial industry, wielding his expertise and leadership to drive growth and development…
Manoj Murali, Managing Director, Airtel Uganda Airtel Uganda’s Managing Director, Manoj Murali, Leads Digital Empowerment Efforts at NAM Conference. In a dynamic world reshaped by technology, Airtel Uganda’s Managing Director, Manoj Murali,…
Courtesy Photo: Varghese Thambi, Managing Director, Diamond Trust Bank and TerraPay’s Muyingo A new partnership between Diamond Trust Bank and payment services company, TerraPay, could cut by more than half the cost of…
Courtesy Photo: Anne Juuko Anne Juuko is set to leave her position as Stanbic Bank Uganda’s Chief Executive Officer, after exactly four illustrious years, for another role in the Standard Bank Group.…
Meeting in progress. Photo: Internet Environmental, Social, and Governance (ESG), as complex as it sounds is merely a set of standards that investors use to screen investments. The investments are screened through…
ESG is a framework used to assess an organization’s business practices and performance on various sustainability and ethical issues. Photo: Internet Environmental, social, and governance (ESG) is now no longer a new…
In the dynamic landscape of global finance, staying informed about the pulse of financial markets is imperative for businesses, especially local brands striving to make a mark across the continent, and as…
DR. Julia Clare Olima Oyet, the esteemed CEO of DPF, has expressed satisfaction with the unprecedented speed at which the settlement of EFC claimants is being handled. Remarkably, claimants are set to…
If Uganda emerges as a pioneer in sustainable finance within the region, it positions the country as a leader in responsible financial practices. This leadership role can enhance diplomatic relationships, partnerships, and collaborations with other nations committed to sustainability.
In a bid to strengthen the bilateral relations between Uganda and Egypt, President Yoweri Kaguta Museveni on Tuesday held a meeting with key Egyptian investors at State House, Entebbe, during which they…
On June 3, 2022, Brand Africa, in collaboration with Publics Africa Communications, hosted a captivating live event at the prestigious Protea Hotel Kololo in Kampala, Uganda.
The telecom industry in East Africa is abuzz with news of an unprecedented CEO swap between Safaricom, Kenya’s leading telecommunications provider, and MTN Uganda, a subsidiary of the multinational MTN Group.
The popular annual Brand Africa 100 Awards are back, bigger and better this year and are scheduled to be held on July 6th, 2023 in Kampala.
As one of the strategies to further improve customer experience and deliver services to its customers conveniently, Equity bank has launched a high-tech contact centre. The new Contact Centre will allow the…
MTN Uganda’s new Chief Executive Officer, Ms. Sylvia Mulinge has assumed office following the exit of former CEO, Wim Vanhelleputte, who was promoted to a regional executive role responsible for MTN Group’s…
The National Social Security Fund (NSSF) has announced a partnership with Ideawake, a global innovation software company, to expand access to the NSSF Hi-Innovator programme to more entrepreneurs across the country. In…
Uganda Breweries Limited hosted farmers to a forum to discuss the potential to scale up farming to supplement government efforts to see manufactures embrace full sourcing of raw materials they use in…
Uganda’s telecom companies have invested heavily in infrastructure services to boost internet access but the low users have limited their ability to lower internet costs for their customers including the Small and…
Today, Housing Finance Bank officially launched its Government Securities Portal with a campaign dubbed” Invest On The Go” at Mestil Hotel and Residences, Kampala. The online portal, which is housed on the…
Guy Kimbowa Lutaaya has been appointed Chief Risk Officer (CRO) at Absa Bank Uganda Limited effective 1 October 2022. He is a seasoned finance professional and banker, with over 20 years of…
The Uganda Communications Commission (UCC) has issued a public notice ordering the immediate closure of 24 radio stations and 46 courier companies for operating illegally. Notable among the couriers banned include Jumia…
KCB Bank Kenya has injected over KShs. 120 billion to support Oil Marketing Companies (OMCs) importing fuel as it seeks to consolidate its support to the energy sector. The Bank has been…
MTN Uganda’s bold decision to list its shares on the Uganda Securities Exchange last year has propelled it to the league of Africa’s most valuable companies. The latest premier annual survey by…
Google (GOOGL) suffered one of its biggest setbacks on Wednesday when a top European court fined it 4.125 billion euros ($4.13 billion) for using its Android mobile operating system to thwart rivals,…
Ms. Proscovia Nabbanja, Chief Executive Officer, Uganda National Oil Company has been nominated in the African Energy Awards 2022 as Chief Executive Officer of the year. Taking place during African Energy Week…
Local startups need to focus on niche markets that they can tap into to excel for better survival and longevity of their businesses, according to Mackinon Kabarole, Senior Manager, Business Intelligence at…
The benefits of separation of Mobile Money from the telecommunication business are beginning to be noticed as MTN Mobile Money customers are scheduled to receive UGX 5.7 billion interest pay-out for the…
Uber and Bolt have announced plans to resume operations in Tanzania, after weeks of controversy. The companies were forced to suspend services in Tanzania following the government’s regulatory changes that were enforced…
MTN Uganda and the Kingdom of Tooro have enjoyed a cordial relationship over the years. This is envisaged through the various initiatives jointly undertaken by the kingdom and MTN. This partnership is…
Absa Bank Kenya CEO Jeremy Awori is set to resign in October after a ten-year stint that saw the lender rebrand from Barclays bank to Absa. According to the lender’s board, Awori…
Stakeholders in the banking sector say financial literacy and skills development should be prioritized in efforts to support Small and Medium Enterprises (SMEs) recover from covid-19 frustration, Speaking during the Signing of…
Prudential Uganda and Prudence Foundation launched the SAFE STEPS road safety campaign, a public service program aimed at raising awareness about road safety, by providing clear and simple life-saving messages on road…
Priscilla Akora is the new Head of Marketing and Communications at PostBank Uganda Limited. In her new role, she will be responsible for driving integrated marketing communications, as well as a reputational…
African Development Bank Vice President Dr. Beth Dunford speaks at a pre-AGRF Summit event centered on the Bank's new African Emergency Food Production FacilityThe African Development Bank returns as a top-tier partner…
Uganda Clays net profit has dropped by more than half to Shs2.7bn for the first six months ending June.30 but management insists there are no worries at least for now. “We project…
DTB recorded a 30% growth to Shs20.3bilion driven by an increase in interest income, fees and commission, and foreign exchange business as Dfcu bank saw profit after tax double to Shs18.7billion. On…
On 30th August 2019, the URA Board of Directors approved the Lifestyle Audit Policy to combat corruption and illegal acquisition of property. Lifestyle Audit is the process of analyzing a person’s living…
The phenomenal growth of Stanbic Bank’s East Africa Borderless Banking platform has revealed a pent-up demand for secure, real-time transactions across international borders. Spanning a single network that includes Uganda, Tanzania, Kenya…
Absa Bank Uganda has partnered with the Uganda Institute of Information and Communication Technology (UICT) to provide ICT skills training to youth in vocational institutions around the country. The training is accredited…
Cipla Quality Chemical Industries Limited, has announced that it will pay dividends in 4 years since it was listed on the Uganda Stock exchange. In the results for the financial year ending…
FINCA Uganda and the National Forestry Authority (NFA) have partnered to restore 60 hectares of forest land in the country in the next five years. This corporate social responsibility program to commemorate…
British American Tobacco Uganda has recorded a 14% increase in net profit to Shs3.9bn for the half year period ended June 30. Results released on Aug. 5 shows that the company’s gross…
The African Development Bank has appointed Dr. Alex Mubiru as Director General in the Cabinet Office of the Bank Group’s President, with effect from 16 August 2022. Dr. Mubiru, a Ugandan national,…
Regional lender, KCB Group, has followed the footsteps of Equity Bank to venture into the Democratic Republic of Congo. KCB Group, which already has operations in Rwanda, Burundi, Tanzania, Uganda and South…
Asmahaney is an advocate, a legal consultant and an Alternative Dispute Resolution practitioner. Asmahaney is also a Committee member on the first ever appointed Investment Advisory Committee (IAC) that advises the Minister…
Telecommunication companies have reported that their operations over the last six months have been affected by what they call a difficult macroeconomic environment, characterized by the skyrocketing cost of living and foreign…
Tuesday 9th August 2022 – Kampala, Uganda: MTN Uganda customers can now use their MTN Senkyu loyalty points to get insurance from aYo, in the form of life or hospital cover. aYo…
Xente Tech Ltd, a financial technology platform that simplifies payments and finance for businesses, has obtained the Payment Systems Operator (PSO) license from Bank of Uganda. The National Payment System Act-2020, implemented…
Uganda’s Top Finance Bank (TFB) has officially been acquired by a Djibouti based bank. The takeover of TFB by Salaam African Bank was confirmed Monday morning by the Bank of Uganda which…
Corporate communication and Public Affairs is a very important business tool that is vital for the success of any business, company, organization, or association. At a time like this of rapid, economic…
Top Ugandan lawyer, Edgar Tabaro, has been appointed as a Special Envoy of the President of Sudan’s oldest political party. Tabaro will serve as the Mahdi’s special envoy in the East African…
Sunbird AI, a non-profit organization that develops artificial intelligence systems for social impact in Africa has signed a Memorandum of Understanding (MoU) with Centenary Technology Services geared towards developing the Artificial Intelligence…
Uganda has scrapped taxes on airlines using the Entebbe International Airport, a move that will make it cheaper for transiting passengers to travel through the facility. The move, which may not augur…
MTN once again got crowned as Uganda’s most admired African brand in Uganda by Brand Africa 100 | Africa’s Best Brands rankings, based on a survey carried out across 29 countries that…
The Uganda Bureau of Statistics-UBOS and the World Bank have disagreed on the methodology used in determining the country’s economic status. They will however release a joint statement in the next 24…
Ugandans took to social media to criticize the appointment of Sylvia Mulinge, a Kenyan Corporate Executive, with some arguing that after listing on the stock exchange and unveiling the slogan “Uganda is…
Grace B. Muliisa, is a Ugandan Banker and Corporate executive, who was appointed the Managing Director of Ecobank Uganda Limited in August last year. She was the Head Personal and Business Banking…
The World Bank has put the per capita income of Uganda at 850 dollars for the financial year end 2022, with the economy growing at an estimated 3.7 percent. According to the…
Sylvia Mulinge becomes MTN Uganda CEO, joining from Safaricom, where she served as Chief Consumer Business Officer for the Group. A seasoned executive, she brings with her a passion for transforming customers’…
The government, oil and gas companies continue to counter opposition to the development of the sector in Uganda, which has recently targeted religious institutions. The crusaders accuse the government of allowing activities…
Following approval of declaration of dividends by its shareholders at the Annual General Meeting held on the 27th day of May 2022, MTN Uganda has paid out a total dividend of Ugx105.4…
The National Social Security Fund (NSSF) has put in place initiatives to support local firms’ capacity, growth and competitiveness for better business opportunities. The initiatives that are already in practice include, the…
Mr Waiswa Bageya, the Works Ministry permanent secretary, said the search for the new Uganda Airlines CEO would be redone after bid documents were sent to four firms, before settling on PricewaterhouseCoopers…
Uganda’s Court of Appeal has blocked South African moneylender, Vantage Mezzanine Fund, from selling businessman Patrick Bitature’s prime properties in Kampala. In his ruling on June 27, Justice Christopher Gashirabake said “there…
According to his family, Mr Majwega had gone to the USA to attend his daughter’s graduation ceremony in Minnesota. “With deep sorrow Ms Halima Majwega of Framingham,Ma and her family announce the…
Uganda Breweries Recognized at the President’s Export Award Ceremony Uganda Breweries has been recognized by President Museveni and the Uganda Export Promotion Board as a leading company in export promotion and import substitution. This…
Uganda Development Bank is set to lend slightly over Shs300bn in the coming six months to support businesses to overcome the current economic shocks, characterized by high commodity prices. The lender’s Chief…
The students of Kasese Youth Polytechnic Vocational Training Institute (VTI) in Western Uganda are set to reap from the generous donation of a fully furnished Digital Resource center courtesy of the MTN…
Shareholders in banking service companies will in a month’s time start receiving dividends for their investments, for the first time since 2019 following BOU approval. Stanbic Bank Uganda and Bank of Baroda…
With just UGX600, 000 or USD166 investment, Stanbic customers are now able to acquire for themselves and loved ones, annual medical insurance cover of up to UGX 20 million—this, courtesy of Stanbic…
The Uganda Bureau of statistics (UBOS) has launched structure committees mandated to collect field data regarding the statistics of the country. UBOS earlier on formulated a 5 year Plan for National Statistical…
Bank of Baroda (Uganda) Limited has informed its shareholders that it will pay the final dividend for the year ended December 31st 2020 following receipt of the necessary regulatory approval. Bank of…
Housing Finance Bank has launched the Incremental Housing Loan to unlock opportunities for Ugandans to attain affordable home ownership and financial independence. Uganda’s housing deficit stands at 2.4 million housing units and…
Cornwell Muleya, the former Chief Executive Officer of Uganda Airlines has been arrested on orders of The Inspectorate of Government-IG.. A statement by the Deputy Inspector General of Government, Dr. Patricia Achan…
Absa Bank Uganda has introduced land purchase loans in a bid to help more people realize their dream of land and home ownership. These loans will enable customers to access affordable financing…
It is not uncommon in our land for things to stop at promise and policy level without real on-ground implementation. This trend has given rise to a doubt-over-faith mentality. It is therefore…
Fifteen Ugandan banks have signed onto the TradeClear platform to ease and boost interbank trade within the country. TradeClear is an interbank trading platform managed by financial services company Frontclear and is…
The UK Government has stepped down from funding Financial Sector Deepening Uganda (FSDU) and handed over that role to the Bill and Melinda Gates Foundation, it said on June 15 in a…
MTN Uganda has today donated computers and a WiFi router and a multi-purpose printer to the Nakawa Market vendors Association as it concludes its staff volunteerism campaign dubbed 21 Days of Y’ello…
Uganda Revenue Authority has established mechanisms to start collecting VAT from non-resident service provider companies operating in the Ugandan economy. Collection of VAT from these companies is starting effective 1st July 2022,…
The Uganda Tourism Board (UTB) has announced that come January 1, 2023, all tourism players in the country will require to be registered, and licensed by the Board. The UTB Chief Executive…
Mukwano Products lands grand Prix as the #1 most admired Ugandan brand. NBS, Centenary Bank, Movit, Nile Special, Riham Drinks, and Abryanz Collection lead respective categories for best Ugandan brands. QG Group’s…
THE FORBES AFRICA 30 UNDER 30 CLASS OF 2022 CARE ABOUT BEING VISIONARIES OF CHANGE AND CATALYSTS FOR INNOVATION. BEING ON THE MOST-ANTICIPATED LIST ON THE CONTINENT, FOR THESE YOUNG TRAILBLAZERS, IS…
Uganda Securities Exchange has spoken out on the allegations of a data breach from its servers; specifically allegations of the leakage of personal data from the USE Easy Portal. In a statement dated…
The High Court in Kampala has dismissed with costs an application by Kampala businessman Patrick Bitature for a temporary injunction to restrain his creditors of M/s Vantage Mezzanine Fund II Partnership from selling,…
The Public Relations practitioners in Uganda have been urged to create safe working spaces within the companies they work for so as to create strong mental health amongst staff. The call was…
Government agencies and petroleum marketing companies are divided on whether or not to resume the countrywide crackdown on fuel stations that violate standards. These activities were suspended when COVID-19 broke out more…
Letshego has appointed Aobakwe “Aupa” Monyatsi as Group Chief Executive. Prior to this appointment, Aupa held the same role in an interim capacity from 4 May 2022, having led the inclusive finance…
DHL Supply Chain International Ltd, a Ugandan subsidiary of the the Deutsche Post (DHL group in Germany) has been ordered to pay UGX 1,484,422,000 of Value Added Tax (VAT) to URA in…
UAP Old Mutual has registered impressive growth and a record market leadership, according to the recently released Financial Statements for the year ended 31st December 2021. Regardless of the low insurance penetration…
Ugandan Economist and Business Executive, John Kakungulu Walugembe, graduated from Harvard University’s John F. Kennedy School of Government in May.In a color full ceremony, held at the University’s campus in Cambridge Massachusetts,…
Jumia Uganda has celebrated a decade of progress and serving Ugandans with the online platform launched in Uganda in 2012 when e-commerce in the country was virgin and today sells about six…
ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, today announced it has won the “Best Mobile Transport Solutions to Connect…
MTN Uganda Limited has announced the re-appointment of PricewaterhouseCoopers, Certified Public Accountants as the external auditor of the Company for the audit relating to the financial year ending 31 December 2022. The…
Kendi Ntwiga has been appointed as the Global Head of Misrepresentation for Meta, the company that owns Facebook, Instagram, and WhatsApp. This follows her departure from Microsoft Kenya, where she served as…
MTN Uganda, Chief Executive Officer, Wim Vanhelleputte.MTN Uganda shareholders are due to get their first dividends since the company listed on the Uganda Securities Exchange, with the register for those eligible closing…
Kansai Paint Co., Ltd. has entered into an agreement to sell its Africa business to Akzo Nobel N.V. (“AkzoNobel”), a global paints and coatings company, said on June 2 in a statement.…
Sanjay Rughani, a banker with over 25 years of banking experience across the African continent, has been appointed the Chief Executive Officer of Standard Chartered Bank, Uganda He replaces Albert Saltson, who…
Leading beer makers Nile Breweries Limited (NBL) have Thursday pledged to maintain the current market prices for all their products, in the face of the surging inflation in the country. The company…
Stanbic Bank has made a contribution of UGX150m to Makerere University as the institution marks 100 years of service to humanity. The UGX 150m cash donation is expected to boost activities lined…
One of the joint venture partners in Uganda’s oil sector and the developer of Tilenga project, Total Energies, has revealed that the on-going escalating fuel prices have not yet affected their works…
At the end of January 2022, Smile Telecom’s 4G LTE network was switched off and until now, the firm continues to encounter challenges on their network that have impacted the service availability.…
East Africa Breweries Limited (EABL) has appointed Anne-Joy Michira as its Marketing and Innovations Director for Africa effective 1st May 2022, taking over from her predecessor Graham Villiers-Tuthill. Prior to this appointment,…
Uganda Development Bank Ltd (UDBL), in partnership with the European Union, has announced a special call for eligible businesses in the tourism sector to apply for and receive up to Shs1 billion…
The First Lady and Minister of Education and Sports, Hon. Janet Kataaha Museveni is slated to inaugurate new buildings at Makerere University and lay foundation stones on the ongoing construction of two…
Kin Kariisa has ended his 10 years on the board of Ecobank Uganda, a subsidiary of Ecobank Transnational Incorporated (ETI), one of Africa’s largest financial brands, leaving behind a well-entrenched bank, with…
Kirunda Magoola has been appointed Public Affairs and Communications Director, Coca Cola Beverages Africa (Uganda) replacing Simon Kaheru who was appointed Group Head of Public Policy and Partnership as of 01 April…
The Coca-Cola system in Uganda yesterday unveiled a new iconic look of its leading sparkling lemon-lime flavored soft drink Sprite in a clear polyethylene terephthalate (PET) plastic bottle packaging. This shift from…
Absa Bank Uganda and Prudential Uganda have today launched the Absa Family Protection Plan, a life insurance policy, designed to help families plan for the financial needs faced during the loss of…
South African insurer Sanlam and Germany’s Allianz have agreed to combine their current and future operations across Africa in a joint venture. The total group equity value is expected to be more…
The International Finance Corporation (IFC), the private sector lending arm of the World Bank, has acquired a 6.71 percent stake in Kenya’s regional lender Equity Bank, officials said Tuesday. Mohamed Gouled, the…
UAP Old Mutual insurance company has seen its net profit nearly double from Shs 9.7billion in 2020 to Shs 17.2billion last year driven by increase in gross written premiums, better claims and…
Effective June 6, Ugandans will not be able to send money or top-up airtime for individuals in other jurisdictions. However, WorldRemit maintains that Ugandans will still be able to receive money from…
Absa Bank Uganda has contributed 65 million shillings to Makerere University to mark 100 years of excellence in building a transformed society. On Tuesday, Absa Uganda Managing Director, Mumba Kalifungwa handed a…
Over the years, on average, only 20% of the brands Africans admire are made in Africa. Nike (#1 brand overall), MTN and Dangote (#1 African brands recalled spontaneously and prompted respectively), BBC…
Marketing services firm WPP Scangroup has made preparations to write off up to Sh4.7 billion investments in its subsidiaries. The manouvre has seen the share premium account –representing the value of shares…
Godfrey Muhindo has been appointed Chief Commercial Officer for MTN Mobile Money Uganda Ltd reporting to the Managing Director. As Chief Commercial officer, Godfrey Will be responsible for running the commercial operations…
Lois Aber Kwikiriza has been appointed the new Head of Marketing at MultiChoice Uganda. Kwikiriza takes on the mantle from Colin Asiimwe who has been at the helm of marketing at MultiChoice…
Tetteh Ayitevie, who has been the Chief Strategy Officer at Prudential Life Insurance Ghana (PLIG), will take over from Acumile Majija. Majija, who has been Prudential Uganda’s CEO designate has joined Prudential’s…
The Tax Appeals Tribunal (TAT) slapped a fine of UGX 20 Million on Nile Breweries Limited (NBL) and UGX 30 Million on Standard Chartered and Stanbic Bank for contempt in a ruling…
Harriet Nakkungu, a businesswoman based in Namataba town in Mukono district had for over 12 years, desired a smartphone to boost her business but she could hardly afford one due to the…
Uganda’s financial industry risks being blacklisted by international systems for failure to put in place measures that can effectively prevent financial crimes like money laundering. This is a requirement by the Financial…
Uganda Revenue Authority (URA) officials have told Members of Parliament that 4.3 trillion Shillings projected revenue is to be foregone due to different unfunded interventions in the coming financial year 2022/2023. Led…
Uganda is set to be part of the first-ever report that will cater exclusively to the PR and communications industry within the African continent. This follows a statement released on Wednesday April…
The rising costs of fuel and other essential items is expected to affect the growth of the domestic tour and travel industry, one of the reasons the sector has to find mitigating…
Uganda’s electricity distribution firm, has seen 2021 net profit more than triple to Shs139bn owed to increase in customer base and electricity sales. This is the similar profit earned in 2019 during…
Although the slow verification and random selection of applicants for the NSSF midterm access aims to avoid malpractices for those using the manual applications, it has been identified as the probable cause…
Stanbic Uganda Holdings Limited (SUHL) has announced it grew its net profits by 11% in 2021 to earn Ushs. 269billion from Ush.242bn in 2020, driven mainly by strong growth in non-interest income…
The European Union has provided 8 million euros (31.8 billion shillings) towards efforts aimed at eliminating injustices related to the land tenure systems in the country. The grant to be administered by…
Dfcu Bank Limited on Thursday announced its audited financial results for the year ended 31 December 2021 with core business metrics remaining as total operating income grew by 21% to Ugx 369…
Petition filed by Samuel Obedgiu has raised concern over Chipper Cash operations in the market, tasking officials at the Capital Markets Authority (CMA) to explain how the firm is encouraging Ugandans to…
Uganda Tourism Board (UTB) on Wednesday launched its new destination brand Explore Uganda, The Pearl of Africa, as part of a tourism and media launch event held at the Sheraton Jumeriah Beach…
Absa Group has announced the appointment of Arrie Rautenbach as Chief Executive Officer (CEO), effective immediately. “On behalf of the Board, I am delighted to announce the appointment of Arrie as our…
On March 30, Stanbic Bank donated Shs 70 Million to the LéO Africa Institute towards supporting its Young Emerging Leaders Project, which fosters leadership skills by emphasizing empathy, clarity, knowledge and volunteerism,…
The Netherlands Embassy in Kampala partnered with the award-winning Ugandan fintech Emata to accelerate the availability of affordable digital loans to smallholder farmers in Uganda. The partnership includes a grant of up…
A Rwandan scientist, Audace Nkeshimana, who graduated from Massachusetts Institute of Technology (MIT), an elite US-based university, is looking to make radiology services remotely accessible to Rwandans by using Artificial Intelligence (AI).…
The Uganda Investment Authority (UIA) awarded CNOOC Uganda Limited the FID (Final Investment Decision) Appreciation Award for the Lake Albert development project. President Yoweri Museveni, at this landmark ceremony, said that the revenues accrued from…
The Uganda Electricity Transmission Company Ltd (UETCL) chairman Board of Directors, Mr Peter Ucanda, has resigned from his job citing what he called negative media reports that have soiled his hard-earned reputation…
The Uganda Tourism Board (UTB) in partnership with Private Sector Foundation Uganda (PSFU), Uganda Tourism Association (UTA), Mastercard Foundation and Adventure Vacation Safaris are hosting a domestic tourism promotion tour at Murchison…
As pressure is mounting for countries to reduce carbon dioxide emissions, the government of Uganda has partnered with an investor to build a carbon-neutral refinery to meet the energy needs of the…
The Luxembourg Stock Exchange (LuxSE) and Rwanda Stock Exchange (RSE) have signed a long term Memorandum of Understanding (MoU) between the two institutions to improve cooperation. The event was held during a…
Kenya’s Equity Group saw its net profit nearly double for the 12 months to December 31, 2021 on the back of a reduction in loan loss provisions and growth in interest income…
Digital credit providers (DCPs) in Kenya will have to disclose their sources of funds and provide evidence of the same following the coming into force of a law meant to regulate the…
Cipla Quality Chemicals Limited (CiplaQCIL) has joined other stakeholders in drug manufacturing, storage, regulation and sales to participate in the East Africa Phartech Pharmaceutical and Healthcare Exhibition. Speaking on the sidelines of…
Kyambogo University has partnered with China National Offshore Oil Corporation (CNOOC) for collaboration in the areas of internship, employment of graduates, Joint research, and technology transfer, among others. Prof. Eli Katunguka –…
The government is determined to continue with the electronic system of agricultural input purchases. The e-Voucher system launched in 2019 was developed by United Bank for Africa and used as a purchase…
The National Social Security Fund has paid out Ushs78.8 billion to 4,417 eligible members to date, UGX 20.8 billion above its weekly target of UGX 50 billion. Speaking to media at a…
Developed in partnership with The Humane League, the first-of-its-kind commitment goes beyond what legislation prescribes and contributes to further improvements in farming conditions in the region. Under the new Farmed Animal Health…
One of the biggest recent surprises in the African logistics sector over the past few months has been Bolloré’s decision to pull out of the industry. The French conglomerate has been a…
Uganda Airlines has completed feasibility studies on a number of routes the National Carrier plans to fly to. Some of the routes in question include Mumbai in India, London in United Kingdom,…
E-commerce firm, Jumia has officially launched the 9th edition of its annual tech-sale. Executives said yesterday (March 21) in Kampala that the sale activity will run from March 21 to April 3rd…
The Rt. Hon. Robinah Nabbanja, the Prime Minister of Uganda has urged entities charged with overseeing the oil and gas operations in the country to widely publicise the National Oil Spill Contingency…
Ugandan Apple Products’ dealers Sagebuyers have announced a partnership with Lipa Later, Kenyan tech-led consumer credit platform to enable their clients receive iPhones and other Apple products available at the Sage Buyers…
Kenya-based agritech Apollo Agriculture, which helps farmers access high-quality farm inputs, financing and markets, plans to double the number of farmers it is serving by the end 2022 and to introduce other products…
The International Monetary Fund-IMF, has given Uganda a clean bill of health regarding the handling of the COVID-19 pandemic, the funds and the economy as a whole. For this, the Fund’s board…
The social media hashtag #OneStepCloser that has been gaining popularity in recent weeks can now be firmly linked to Stanbic Bank Uganda, as the lender’s new brand campaign aimed at rallying Ugandans…
Over the last two years, the COVID-19 pandemic impacted businesses on national and global scale. Governments in many developing countries introduced severe containment measures, involving restrictions on economic activity and mobility, to curb…
Bancassurance contributed UGX103.5billion to the UGX1.1trillion Gross Written Premium (GWP) recorded by Uganda’s insurance sector in 2021 with Stanbic Bank accounting for 22% to consolidate its position as market leader. Bancassurance is…
Saltson, a Ghanian national was appointed CEO and Managing Director of Standard Chartered Bank Uganda in March 2017. He took over from Herman Kasekende, the first Ugandan to head Standard Chartered Bank,…
Digital safety is a fundamental right for consumers, and all stakeholders should join hands to enforce it, the Uganda Communications Commission Ag. Executive Director Irene Kaggwa Sewankambo has said. “The Commission recognises…
Michael Atingi-Ego, the Deputy Governor of Bank of Uganda, said, “Uganda’s inspirational ranking amidst a raging Covid-19 pandemic should galvanize us to sustain the good policies and interventions as well as to…
The Deposit Protection Fund (DPF) has revealed that it has about 20.1 billion which is supposed to be paid to shareholders and depositors of closed financial institutions upon the conclusion of liquidation…
Kampala – 3rd May 2022: Airtel Mobile Commerce Uganda Limited (AMCUL), the leading mobile financial solutions provider in the country, has today appointed Hon. Maria Kiwanuka as Board Chair. The appointment that…
March 3, 2022. The Insurance Regulatory Authority of Uganda (IRA) has launched the inaugural Insurance Week, an event that seeks to take insurance information closer to the people so as to enable…
CNOOC Uganda has confirmed a final investment decision (FID) for the Kingfisher field, marking another step forward for the Lake Albert development. Energy Minister, Ruth Nankabirwa, said on November 3rd the chairman…
Representatives from MTN Uganda and SBG Securities plus Crested Capital (stockbrokers of the MTN IPO), have arrived in Arua for a town hall meeting to drive awareness and provide vital information about…
Uganda Investment Authority (UIA) yesterday 2nd November 2021 received 1 square mile of land for industrial park development from the Ministry of Defence in Nakasongola. The land was received by the UIA…
The Buddu County (Pokino) has urged the people of Masaka to embrace economic development as MTN spreads awareness about how Ugandans can participate in the ongoing MTN Initial Public Offering (IPO). Levis…
Standard Bank customers in eight African countries to enjoy enhanced digital payments experience in partnership with Flutterwave On 28th October 2021, in Johannesburg, South Africa, Standard Bank, the parent company of Stanbic Africa…
The parliamentary trade committee has stopped the payment of a stimulus package of Shs 3 billion to Kampala Serena hotel by Uganda Development Corporation (UDC). Serena hotel is owned by a consortium that…