In a significant move to address a major financial scandal, the Ministry of Finance, Planning, and Economic Development has appointed Godfrey Ssemugooma as the Acting Accountant General. This decision follows the interdiction of nine…
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…