Category News

MTN Uganda’s MoMo Revolution: Driving Financial Inclusion and Economic Growth Through Sustainability

Mobile money, particularly MTN MoMo, has evolved from a simple money transfer service into a powerful engine for financial inclusion and economic growth in Uganda. This transformation is at the heart of MTN Uganda’s inaugural Sustainability Report, launched in Kampala…

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UCCA Director General Bamwesigye Underscores Uganda’s Commitment to Aviation Safety at CANSO African Conference

Uganda’s commitment to aviation safety is gaining regional recognition, as demonstrated by the participation of the Uganda Civil Aviation Authority (UCAA) Director General, Mr. Fred K. Bamwesigye, at the prestigious CANSO Africa Conference in Nairobi, Kenya, running from August 26-29,…

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Uganda’s Economy on a Strong Growth Trajectory with Strategic Path to a USD500 Billion Future –Min. Kasaija

Uganda’s economy has demonstrated remarkable resilience in the first half of 2025 and is now on a robust upward trajectory, with key indicators pointing to strong and sustainable growth. This was revealed today by Hon. Matia Kasaija, the Minister of…

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Customer Experience is Redefining Africa’s Insurance Industry Beyond Premiums-Ecobank MD Grace Muliisa

The insurance industry across Africa is at a crossroads. As highlighted by Grace Muliisa, Ecobank Uganda’s Managing Director, at the 47th OESAI-Organisation of Eastern and Southern Africa Insurers Annual Conference & AGM, running from August 23rd to 27th, 2025, in Kampala,…

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Stanbic Business Incubator Fuels Uganda’s Economic Transformation with a Focus on Women, Youth, and Farmers

Stanbic Bank Uganda is taking a strategic, hands-on approach to driving the nation’s economic growth, moving beyond traditional banking to directly empower small and medium enterprises (SMEs) through its subsidiary, the Stanbic Business Incubator Limited (SBIL). This commitment is particularly…

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Betrayal and Breakthrough: How the Abduction of Afro Token’s Festo Ivaibi is Forging a Safer Crypto Future for Uganda

The abduction and cryptocurrency theft targeting Festo Ivaibi, the founder of Afro Token, which occurred a few days ago, marks a critical turning point for Uganda’s emerging blockchain and crypto sector. According to blockchain transaction records, the perpetrators, who included…

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Uganda Positions Itself as a Global Hub for Affordable Medicine with Dei BioPharma’s Diabetes Drug FDA Approval

In a landmark achievement for African innovation, Dei BioPharma, a Ugandan pharmaceutical complex, has received a second major approval from the U.S. Food and Drug Administration (FDA), solidifying the country’s position as an emerging global hub for vital medicines. The…

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Captain of Industry: Francis Karuhanga Strategic Financier Steering Uganda into a New Era of Institutional Excellence

In the evolving narrative of Africa’s financial sector, few executives embody the rare mix of technical rigour, regional credibility, and institutional transformation like Francis Karuhanga, the newly appointed Regional Chief Executive for South and Central Africa at Standard Bank Group,…

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Igniting Inclusive Growth: Pride Bank’s New Product Empowers Uganda’s Collective Savers

Pride Bank has launched a groundbreaking new product designed to empower millions of Ugandans who participate in collective savings groups, such as SACCOs (Savings and Credit Co-operatives), VSLAs (Village Savings and Loan Associations), and investment clubs. This initiative, launched today…

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Moolman’s Appointment as CEO Signals Renewed Focus on Growth and Ambition 2025 for MTN South Africa

Ferdi Moolman’s appointment as Chief Executive Officer (CEO) of MTN South Africa, effective November 1, 2025, is a strategic move designed to reignite growth and strengthen the company’s competitive position. Moolman’s proven track record of navigating complex regulatory environments and…

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Boost for Livestock Farmers: Uganda set to Transform Agriculture with New Organic Fertiliser Factory

Uganda’s agricultural sector, which is the backbone of the economy, is poised for a significant turnaround with the signing of a landmark agreement to establish a major organic fertiliser factory. This strategic partnership between the Ministry of Agriculture, Animal Industry…

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