The Bank of Uganda (BoU) has today officially launched its E-Supervision (SupTech) Project, a landmark initiative set to modernise and transform the supervision of the country’s financial sector. This new regulatory technology (RegTech) system, unveiled by the Central Bank Governor,…
In a move set to reshape its strategic direction, SanlamAllianz Re, the reinsurance arm of SanlamAllianz, has appointed Tobias Suek as its new Chief Executive Officer, effective October 15, 2025. This appointment signifies the company’s commitment to leveraging global expertise,…
The National Social Security Fund (NSSF) has declared a 13.5% interest rate for the Financial Year 2024/25, a testament to its exceptional performance and strategic success. The announcement was made today by Hon. Matia Kasaija, the Minister of Finance, Planning…
MTN Uganda, through the MTN Foundation, is celebrating a major milestone in its mission to empower the nation’s youth with the graduation of 103 youth from the second cohort of its MTN ACE Initiative. The graduation, held on Friday, at…
A high-level delegation led by Hu Zhangliang, Vice Chairman of the China International Development Cooperation Agency (CIDCA), visited the ongoing expansion project at Entebbe International Airport on September 21, 2025. The inspection and subsequent meeting with key Ugandan officials, including…
Uganda’s E-mobility sector is gaining significant momentum, with Kiira Motors Corporation at the forefront of the nation’s push toward a greener, more sustainable future. At the National E-Mobility Expo 2025 held this week and officiated over by the Minister for…
The MTN Fintech Summit held this week in Johannesburg, South Africa, has set a dynamic tone for the future of financial services across the continent, focusing on two critical themes: balancing innovation with regulation and closing the significant lending gap.…
Uganda’s journey to becoming an oil-producing nation is facing significant hurdles, with a report from the Auditor General (AG) Mr. Edward Okwakol, revealing critical delays and underfunding across major projects. According to the report, while the government had set a…
Centenary Bank is being hailed as the top-performing partner in the Generating Growth Opportunities and Productivity for Women Enterprises (GROW) project, a high-impact initiative aimed at empowering women entrepreneurs and underserved communities. During a high-level review meeting held on Thursday,…
Until his appointment, Mr. Akpata was the Head of CANEX Creations within the Afreximbank Group, taking on a central role in CCInc’s journey since its inception The Board of Directors of the CANEX Creations Incorporated (CCInc), a subsidiary of the…
A World Bank-funded project designed to empower women entrepreneurs across Uganda, popularly known as ‘GROW’, is facing significant challenges, with a new report revealing that a massive Shs41.22 billion in funding remains unspent. The Generating Growth Opportunities and Productivity for…
When Airtel Uganda, under the leadership of Soumendra Sahu as Managing Director, announced a 28.7% surge in Profit After Tax (PAT) to Shs197.2 billion for the first half of 2025, the headlines painted a picture of a company on the…
The AOW: Investing in African Energy 2025 conference in Accra, Ghana, kicked off on Wednesday this week, marking the start of a new era of partnership and collaboration in the energy sector across Africa. The event, hosted in collaboration with…
Uganda’s tourism sector is being reaffirmed as a top driver of the national economy. During the recent three-day 6th Bi-Annual Presidential CEO Retreat held in Fort Portal City, the Prime Minister, Rt. Hon. Robinah Nabbanja delivered a powerful message from…
Uganda is losing staggering amounts of revenue from its mineral wealth, with a new report from the Auditor General, Edward Okwakol, revealing a Shs11 trillion loss from black market gold exports. This massive financial haemorrhage is directly undermining the government’s…