Category News

Uganda’s Power Grid Sees Extensive Growth as UEDCL Adds Over 640,000 New Connections in Six Months

In a significant display of progress since taking over from the private concessionaire Umeme Uganda Limited, the Uganda Electricity Distribution Company Limited (UEDCL) has added a remarkable 648,404 new connections to the national grid in just six months. This achievement,…

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 Stanbic Bank’s Development Partners Roundtable Forges New Blueprint for Uganda’s Economic Growth

Stanbic Bank Uganda is moving beyond the traditional role of a financial institution to become a strategic partner in the nation’s development. This was the central message at the 5th Stanbic Development Partner Organisations (DPOs) Roundtable, a unique forum that…

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Umeme Records Massive Shs156 Billion Loss Amid Concession End and Backlash from Ministry of Energy

The unaudited interim financial results released by the Capital Markets Authority (CMA), as presented by the company’s directors, led by Selestino Babungi, the Managing Director, paint a picture of an entity in transition, grappling with the operational re-transfer of its electricity…

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Accelerating AfCFTA Impact: Experts Unveil Blueprint for Africa’s Economic Transformation in Lusaka

Africa stands at a critical juncture, facing persistent global volatility while striving to unleash its full economic potential. This was the powerful message at the Regional Workshop on the “Accelerated Implementation of the Africa Continental Free Trade Area (AfCFTA) Agreement”…

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Mountains of the Moon University Powers New Era of Community-Led Transformation and Agricultural Innovation

Mountains of the Moon University (MMU) on Monday, September 15, 2025, proudly hosted the Roots Africa Symposium, a pivotal event that united students, farmers, leaders, and stakeholders under the theme “Innovation and Community Transformation.” The symposium showcased a powerful model…

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Connecting East Africa: A Strategic Push to Bridge the Digital Divide and Power Regional Integration

In a decisive move to create a digitally unified East Africa, the Permanent Secretary of Uganda’s Ministry of ICT and National Guidance, Dr. Aminah Zawedde, recently chaired a high-level meeting in Kigali, Rwanda. The gathering brought together senior ICT officials…

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RS South Africa Shines Spotlight on Maintenance, Repair and Operations (MRO) Procurement Challenges in Key Economic Sectors

Key concerns for MRO buyers include ensuring cost savings, maintaining ageing assets, contract compliance with preferred suppliers, and managing multiple stakeholder expectations across dispersed sites RS South Africa, a trading brand of RS Group plc (LSE: RS1), a global provider…

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African leaders, African Development Bank (AfDB) push for governance reforms, regional integration for Africa’s transformation at Nigerian Economic Society Conference

The 2025 NES conference has drawn more than 2,500 delegates from 22 African countries, including economists, policymakers, academics, and international partners African leaders, experts, the African Development Bank and development partners have called for urgent reforms to strengthen governance, deepen…

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Min. of Finance Unveils Strategic Frameworks to Fuel Economic Growth, with Stanbic Bank at the Forefront

Uganda has taken a significant stride toward aligning its economic ambitions with global climate goals. The Ministry of Finance, Planning and Economic Development, in a landmark partnership with the World Bank, European Union, Stanbic Bank, and other key international and…

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