In line with its purpose of fostering prosperity for Ugandans, PostBank Uganda has launched a Self-Onboarding ZeroFlex digital account to enable customers to self-register and have access to financial services anywhere and at any time without necessarily moving to the…
The 2024 Youth in Energy Conference, hosted by TotalEnergies EP Uganda alongside other key industry players, recently concluded at the Makerere University School of Public Health Auditorium. This pivotal event spotlighted the crucial role of youth in Uganda’s burgeoning oil…
A recent article raised significant concerns about the environmental and social impacts of Total Energies’ $10-billion Tilenga project in western Uganda. The project, which involves drilling more than 400 oil wells, many in the Murchison Falls Nature Park, has been…
Bamburi Cement Limited (NSE: BAMB) witnessed a significant increase in its share price on Thursday, July 11th, 2024. The company’s stock closed at KShs. 57.75 per share, reflecting a remarkable 28.3% surge from the previous day’s closing price. This upward…
Coca-Cola Beverages is reaping from setting up Africa’s fastest plastic bottle production line in its East Africa operations. It has a capacity of 67,000 bottles per hour and equipped with state-of-the-art technology such as robotic arms and automated fillers and…
The National Social Security Fund (NSSF) of Uganda has reported significant returns on its investment in MTN Uganda, the country’s largest telecom operator. According to a recent press release, NSSF has earned a total of Shs 80.6 billion (approximately USD…
PostBank Uganda Limited has appointed Ibrahim Kato as its new Chief Retail Officer. With over 15 years of experience in the banking sector, Kato brings a wealth of knowledge and expertise to the role, having worked with both international and…
Coca-Cola Beverages Africa has appointed Josphat Mwangi to the position of General Manager for its subsidiary, Coca-Cola Beverages Zambia. Confirming the company’s commitment to developing leadership internally, Mwangi joins the Zambian team from Kenya, where he has been the Commercial…
A network of Official Coca-Cola Distributors (OCCDs) is helping to ensure that Coca-Cola products reach Ugandans efficiently in every corner of the country. As a Fast Moving Consumer Goods manufacturer, Coca-Cola Beverages Uganda (CCBU) has innovated to create a system…
Stanbic Uganda Holdings Limited has announced the launch of its Stanbic Unit Trust, strategically entering the nation’s burgeoning Collective Investment Scheme (CIS) market. This move leverages SUHL’s established client base and aligns with the Ugandan Capital Markets Authority’s reported UGX…
Absa Group Ltd, one of the largest diversified financial service providers in Africa, has concluded further agreements with the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, freeing up additional financial capacity for investments in Pan-African…
Jubilee Life, a leading insurance provider in Uganda, today announced the launch of its innovative Jubilee Smart Save Plan. This new plan aims to empower Ugandans to prioritize long-term financial security by offering a flexible and secure savings solution. Raising…
In a significant gesture of strengthening ties and fostering collaborative efforts, the King of Tooro, His Majesty Oyo Nyimba Kabamba Iguru Rukidi IV, made his maiden courtesy visit to the MTN Uganda headquarters in Kampala today. This visit, highly anticipated…
The seventh annual bankers’ conference, hosted by the Uganda Bankers Association (UBA) on June 19th at the Kampala Serena Hotel, buzzed with discussions on Environmental Social and Governance (ESG) issues, reflecting a growing global trend among businesses. Under the theme…
Ugandan building materials producer Uganda Clays Limited (UCL) encountered a revenue decline in its recently concluded five-year strategic plan. UCL’s 2023 revenue dipped to Shs 30.1 billion ($8.4 million) from Shs 36.6 billion ($10.2 million) in 2022. The company attributed…