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 summit in Nairobi, Kenya, this high-level convening, under…
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 Chief Executive Director. While MultiChoice Uganda and its…
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, which is one of Uganda’s leading marketing and…
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 trend: a decline from 14.5% in 2021 to…
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 Kasaija, and his Algerian counterpart, Abdelkarim Bouzred, the…
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, led by the Managing Director, Soumendra Sahu, and…
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 Absa Group CEO Kenny Fihla, celebrated the best…
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.” However, a new report by the Auditor General,…
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 advancing a unified African aviation sector. Effective September…
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 latest outbreak is centered in the central…
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 Arua Airfield into a full-fledged international airport. The…
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 Agricultural Development(IFAD), the Islamic Development Bank and UniCredit…
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 cultural heritage. In a landmark strategic move, the…
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 upward trajectory, affirming that the nation’s ambitious goal…
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. Led by Dr. Joyce Balagadde Kambugu, the Head…
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 simple product update; it’s a bold declaration of…
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 Young Engineers Uganda STEM Education programme since…
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 Atingi-Ego, flanked by Dr. Tumubweinee Twinemanzi, the Executive…
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, held at Protea Hotel in Entebbe, brought together…
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 across the continent, was framed by the Bank…
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 leader of her calibre into the senior management…
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 Bank Uganda, represented by its Executive Director and…
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 Wildlife Authority (UWA) has announced a groundbreaking 3-day…
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 was the central message at today’s UK-Uganda Webinar…
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. Peace Regis Mutuuzo, has issued a powerful call…
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 long-term economic stability. During the said Forum, top…
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 shift in how Africa finances its future. From…
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 bluntness, praised the Uganda Development Bank (UDB) for…
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 with MTN Fintech, the company has launched its…
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 together key regional and international partners, including the…
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. The company’s impressive financial results, with profits reaching…
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 Kampala showcased a new generation of young innovators…
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 institution but as a central engine for the…
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 company is signalling its intent to not only…
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 the UMA Showground in Kampala, UEDCL Managing Director…
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, Kenyan traders sold goods worth Shs52.59 billion in…
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 State House, Entebbe, between key tourism stakeholders and…
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, government officials, businesses, and development partners from both…
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 other is still struggling. Kenya Airways (KQ)…
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 its effectiveness in addressing key national bottlenecks. Ojangole,…
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 (MTWA), the Uganda Tourism Association (UTA) affirmed that…
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 (CCBSA) is leading the charge with the expansion…
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 MTN Uganda’s inaugural Sustainability Report, launched in Kampala…
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 Conference in Nairobi, Kenya, running from August 26-29,…
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 but a fundamental barrier to growth. Experts like…
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 today by Hon. Matia Kasaija, the Minister of…
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, running from August 23rd to 27th, 2025, in Kampala,…
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 Business Incubator Limited (SBIL). This commitment is particularly…
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 in Kampala, a new era of cooperation was…
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 entered the Ugandan market with two landmark projects,…
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, the Executive Director of the Petroleum Authority of…