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…