The African Development Bank (AfDB) is setting up youth entrepreneurship investment banks that will help grow youth-based wealth for Africa’s young population, the bank’s president Akinwumi Adesina announced Tuesday. The banks, to be rolled out by the end of this…
Bank of Baroda (Uganda) Limited has informed its shareholders that it will pay the final dividend for the year ended December 31st 2020 following receipt of the necessary regulatory approval. Bank of Uganda, in April 2020 put in place enhanced…
Housing Finance Bank has launched the Incremental Housing Loan to unlock opportunities for Ugandans to attain affordable home ownership and financial independence. Uganda’s housing deficit stands at 2.4 million housing units and Housing Finance Bank, a fully government owned commercial…
Absa Bank Uganda has introduced land purchase loans in a bid to help more people realize their dream of land and home ownership. These loans will enable customers to access affordable financing for the purchase of land in Greater Kampala…
MTN Uganda has today donated computers and a WiFi router and a multi-purpose printer to the Nakawa Market vendors Association as it concludes its staff volunteerism campaign dubbed 21 Days of Y’ello Care. This follows a series of community outreach…
THE FORBES AFRICA 30 UNDER 30 CLASS OF 2022 CARE ABOUT BEING VISIONARIES OF CHANGE AND CATALYSTS FOR INNOVATION. BEING ON THE MOST-ANTICIPATED LIST ON THE CONTINENT, FOR THESE YOUNG TRAILBLAZERS, IS NOT JUST ABOUT COMMERCE AND CLOUT BUT ABOUT…
Dorothy Kabagambe Ssemanda has been promoted to CEO for ATC Uganda, effective July 1, 2022, replacing Michael Magambo. She has been the Chief Finance Officer, the first Ugandan to hold the position. ATC Uganda is a subsidiary of American Tower…
Letshego has appointed Aobakwe “Aupa” Monyatsi as Group Chief Executive. Prior to this appointment, Aupa held the same role in an interim capacity from 4 May 2022, having led the inclusive finance entity’s digitalization of systems and operations for the…
UAP Old Mutual has registered impressive growth and a record market leadership, according to the recently released Financial Statements for the year ended 31st December 2021. Regardless of the low insurance penetration (below 1% mark for years), UAP Old Mutual…
African Media Agency (AMA)/- The African Leadership Magazine is pleased to announce the winners in the 13 categories of the 2022 edition of the African Business Leadership Awards (ABLA), following the call for vote entries which ended on Friday, June…
Jumia Uganda has celebrated a decade of progress and serving Ugandans with the online platform launched in Uganda in 2012 when e-commerce in the country was virgin and today sells about six million products and delivers to every district in…
ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, today announced it has won the “Best Mobile Transport Solutions to Connect 5G Services” award with its “5G Transport Network…
The constant high cost of fuel contributed to negative private sector activity in May with the Stanbic Headline Purchasing Managers Index (PMI) dropping to 51.5 from to 53.9 recorded in April—readings above 50.0 mean improvement in business conditions on the…