The Fintech Association of Kenya (FINTAK) has appointed Dr. Juliet Ongwae as a Board Director, effective May 20, 2024. Dr. Juliet currently serves as the Senior SupTech Specialist at the Cambridge SupTech Lab, University of Cambridge. She has over 20…
The United Bank of Africa (UBA) has pledged to set the benchmark for African businesses by forging a united Africa, as it continues on its march towards connecting its customers to the global community, with a primary focus on facilitating…
Spiro, the largest electric vehicle company in Africa, is charging ahead in its mission to revolutionise sustainable transportation across the continent and it recently signed a heads of terms agreement for a $50 million debt facility with the African Export-Import…
KCB Bank Kenya has announced that it has secured a $95 million credit line from Proparco, a subsidiary of Agence Française de Développement (AFD) Group. The facility will be used to finance climate-related investment projects and empower women entrepreneurs in…
The African Export-Import Bank (Afreximbank) and MobiHealthCare Limited (MobiHealth) have signed a project preparation facility agreement that is expected to bolster the expansion of Mobihealth’s telemedicine services in Nigeria, and also assess the feasibility of establishing similar services in Egypt,…
The Uganda Tourism Board (UTB) has announced a comprehensive initiative to register and license all tourism enterprises in the country, aiming to identify and eliminate illegal operators. This move targets all unlicensed tourism enterprises, including hotels, restaurants, guest houses, tour…
Members of Uganda Bankers’ Association (UBA) held their annual general meeting on the 17th May 2024 and elected Mr. Julius Kakeeto, as the new Chair taking over from Ms. Sarah Arapta who served for a two-year term of office (2021…
A Trailblazer in Banking: Ms. Grace Muliisa In the dynamic world of finance, Ms. Grace Muliisa stands out as a transformative leader who has reshaped the banking landscape in Uganda. With a career spanning over two decades, Grace has risen…
Controversy has arisen over the appointment of Eng James Kwesiga Nkamwesiga as Executive Director, of Uganda National Bureau of Standards (UNBS) announced last week. UNBS announced Nkamwesiga successful candidate from the selection exercise that started in January with the advertisement…
Liberty Life Assurance Uganda has introduced the Kuza Plan, a revolutionary financial product merging savings with life and disability insurance. Positioned as a beacon of security and adaptability, officials said at the luanch today that it caters to the needs…
Netflix announced during its Upfronts presentation on Wednesday that it’s launching its own advertising technology platform only a year and a half after entering the ads business. This move pits it against other industry heavyweights with ad servers, like Google,…
The Minister of Trade, Industry, and Cooperatives, Francis Mwebesa, has appointed Eng James Nkamwesiga Kasigwa as the fifth Executive Director of the Uganda National Bureau of Standards (UNBS). In a statement, UNBS reaffirmed its commitment to fulfilling its mandate of…
Equity Group Holdings has announced a remarkable recovery, posting a 25% growth in profit after tax for the quarter ended March 31, 2024. The Group’s profit after tax stood at Kshs 16 billion, a record high, driven by strong leadership…
Nicholas Lutakome, the former CEO of Sanlam Uganda, has been named the New Chief Executive of CIC Insurance Uganda Limited. Mr. Lutakome was selected to succeed Mr Richard Ssevume who stepped down in November last year to join Mayfair Insurance. Kenyan…
AutoXpress Ltd has announced the grand opening of its third branch in Uganda, further expanding its presence in the country. With over 66 years of experience in the automotive industry, AutoXpress boasts an extensive network of 80+ branches across East…