In business, few individuals have impacted the Ugandan economy like city businessman Elvis Sekyanzi Wavamunno, son of tycoon Gordon Wavamunno, the proprietor of Spear Motors and several other business ventures. With a career spanning several decades, Wavamunno has established himself…
MTN Uganda’s leadership team, headed by Ibrahim Ssenyonga, General Manager of the Enterprise Business Unit, visited ATC Uganda on April 1, 2025, to commend CEO Dorothy Kabagambe Ssemanda for her instrumental role in promoting women empowerment within the company and…
Located in the new Sports City complex and just 20 minutes from Blaise Diagne International Airport Four Points by Sheraton, part of Marriott Bonvoy’s global portfolio of over 30 brands, today announced the opening Four Points by Sheraton Dakar Diamniadio, marking…
The awards celebrate Africa’s most innovative and transformative financial deals, highlighting exemplary execution, effective mobilization of new liquidity pools, and innovative deal structuring Two African Development Bank Group supported projects have garnered top honours at the 2025 Bonds, Loans &…
The Uganda Airlines Mobile App payment system is a real game-changer in the travel industry, revolutionizing the way passengers book and pay for flights. Jenifer Bamuturaki, the Uganda Airlines Chief Executive Officer, urged travelers to use the Uganda Airlines App,…
Absa Bank Uganda has appointed Moses Rutahigwa as Retail and Business Banking Director, effective 02 May 2025. With 17 years of extensive experience in the banking sector, Rutahigwa joins Absa from Standard Chartered Bank Botswana, where he served as Head…
The Petroleum Authority of Uganda (PAU), which is headed Ernest Rubondo, the Executive Director, has reaffirmed its dedication to sustainable oil and gas development, prioritizing the conservation of Uganda’s rich wildlife heritage in the Albertine region. This strategic approach aims…
This Bank crisis response operation, implemented in collaboration with the ICRC, goes beyond short-term humanitarian interventions to invest in long-term resilience and sustainable development The Board of Directors of the African Development Bank Group has approved a $19.85 million grant…
The recent handover of Umeme’s distribution assets to the Uganda Electricity Distribution Company Limited (UEDCL) marks a significant milestone in Uganda’s energy sector. This development is expected to profoundly impact the country’s economic growth, as it paves the way for…
The Uganda National Mining Company (UNMC) has taken a significant step towards transforming the country’s mining sector with the appointment of Dr. Gerald Banaga-Baingi as its Executive Director. This move is expected to bring about a new era of growth,…
The exhibition’s theme, “Strategies, Challenges, and Best Practices for Artificial Intelligence Integration in Higher Education in Uganda,” highlighted the importance of leveraging AI in learning. Prof. Mary Okwakol, Executive Director of NCHE, emphasized the potential of AI in addressing pressing…
MTN Uganda has honored Dr. Babra Ofwono, the Founder and Chief Executive Officer of Victorious Education Services (VES), for her outstanding contributions to women’s empowerment, particularly in education and leadership. The recognition took place as part of the telecom company’s…
The government of Uganda and its joint venture Alpha MBM Investments signed an implementation agreement worth US$4 billion (about 14.6 trillion) to construct an oil refinery in Hoima District. This will transform Uganda’s oil and gas sector and spur economic…
Bank of Baroda (Uganda) Limited has released its Annual Report and Audited Financial Statements for the year ended December 31, 2024, showcasing robust financial health and strategic growth. The report highlights the bank’s resilience in a dynamic economic environment, marked…
Premier Invest has presented a range of investment opportunities, totaling a minimum $1.37 billion, in Africa’s energy and oil and gas sectors at the inaugural Congo Energy & Investment Forum Financial services provider Premier Invest has announced a series of…