In a transformative move for the African beverage industry, global spirits leader Diageo has reached a definitive agreement to sell its 65.0% controlling stake in East African Breweries PLC (EABL) to the Japanese multinational Asahi Group Holdings. The transaction, valued…
In a landmark move for the African telecommunications sector, Airtel Africa has announced a strategic agreement with SpaceX to integrate Starlink Direct-to-Cell satellite connectivity across its 14 markets, including Uganda. This partnership is set to redefine internet accessibility in the…
MTN Uganda anticipates closing the financial year with good results in line with market guidance, driven by increased data consumption, sustained growth in mobile money services, and ongoing investment in network expansion, according to Chief Financial Officer Andrew Bugembe. Mr.…
The Uganda Civil Aviation Authority (UCAA), during a high-level stakeholder engagement held today at the Imperial Royale Hotel in Kampala, declared a landmark year of growth and unveiled aggressive plans to transform the nation into a regional aviation powerhouse. Led…
The national carrier, Uganda Airlines, under the stewardship of Ms. Jennifer Bamuturaki as Chief Executive, is facing a growing crisis, characterised by rampant flight disruptions and a parallel stream of financial mismanagement scandals that are eroding both passenger confidence and…
Uganda’s national debt crisis is escalating as Parliament , led by the Speaker Hon. Anita Among, is abruptly recalled from recess to urgently process a fresh batch of loans totaling over Shs2.177 trillion. This significant new borrowing request comes at…
The leadership team from MTN Mobile Money Uganda (MTN MoMo), headed by the CEO Richard Yego, conducted a high-level courtesy visit with the Governor of the Bank of Uganda (BoU), Dr. Michael Atingi-Ego, on Friday. The strategic engagement focused on strengthening…
Glovo, the international technology platform, has successfully launched the first-ever Glovo Academy in Kampala, marking a significant commitment to strengthening the local food and retail ecosystem. The inaugural edition of the Academy is designed to equip local Small and Medium…
The Uganda National Oil Company Limited (UNOC) is marking a significant milestone, celebrating 10 years of strategic leadership in unlocking the value of Uganda’s petroleum resources. This decade of dedication, professionalism, and resilience has been instrumental in shaping the future…
From Online Personality to Economic Contributor Running on the theme ‘From Regulation to Prosperity,’ the summit, which was officiated by Hon. George William Nyombi Thembo, the Executive Director of UCC, was the evolution of the digital creator. Hon. Thembo stressed…
The path to achieving truly inclusive finance in Uganda extends far beyond basic mobile money transfers. That was the central message delivered by MTN MoMo leadership at the Finance Innovations Symposium held on Tuesday this week at the Sheraton Kampala,…
The Private Sector Foundation Uganda (PSFU) is spearheading a critical campaign to revitalise Uganda’s economic engine; the Micro, Small, and Medium Enterprises (MSMEs). According to Ms. Sarah Kagingo, Vice Chair of the PSFU Board, the time for comprehensive policy reform…
In a major drive to professionalise the emerging digital ecosystem and accelerate economic empowerment, Stanbic Bank Uganda has positioned itself as a key partner for youth employment and wealth creation through its inaugural Stanbic Ongea Digital Creators Summit 2025. Slated…
Equity Group, Kenya’s most profitable bank, has undertaken a dramatic and decisive cultural reset, firing approximately 2,000 employees over serious conflicts of interest and ethics violations. This massive ethics sweep, announced by the Group’s Managing Director, Dr. James Mwangi, was…
The Petroleum Authority of Uganda (PAU), under the guidance of the Executive Director, Mr. Ernest Rubondo, has today hosted a strategic engagement with the Board of Directors and Executive Management team of the Uganda National Oil Company (UNOC), at their…