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 extractive industry. The commitment was reaffirmed during the…
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. Held at the historic Africa Hall, in Addis…
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 of its country. In recent weeks, Stanbic Bank…
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 media fraternity. According to Agnes Mbabazi, the…
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 the Islamic Development Bank (IsDB) Group. The agreement…
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 ICT Government Round Table at the Sheraton Kampala…
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 Dams (ICOLD 2025) conference in Chengdu, China, between…
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, a community outreach campaign aimed at fostering capacity…
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. This committee, chaired by Mr. Fred Bamwesigye, the…
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 stakeholders to discuss and shape the country’s digital…
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. Adesina revealed that 47 of Africa’s 54 countries…
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 contribute 40% to Kenya’s GDP and account for…
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 highlight the opportunities available in Uganda’s oil and…
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 financing will support the construction of a new…
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 history. Sources at the Bank revealed to the…