The Bank of Uganda has issued a stern warning to the public against using their National IDs as collateral for moneylenders. This warning was made during the Bank of Uganda Town Halls, a community outreach campaign aimed at fostering capacity…
The Uganda Civil Aviation Authority (UCCA), has taken a significant step towards enhancing aviation safety and protecting the country’s wildlife and tourism sector by constituting the National Committee on Wildlife Hazard Management. This committee, chaired by Mr. Fred Bamwesigye, the…
The ICT Government Round Table, hosted by the Ministry of ICT and National Guidance, in partnership with MTN Uganda, was held today at the Sheraton Kampala Hotel. This high-level engagement brought together stakeholders to discuss and shape the country’s digital…
Dr. Akinwumi Adesina, the African Development Bank President, has warned of economic shockwaves from the new US tariffs, which could have far-reaching consequences for African countries. Speaking to CNN’s Christiane Amanpour, Dr. Adesina revealed that 47 of Africa’s 54 countries…
Safaricom’s M-PESA has launched a new set of business solutions designed to empower Kenya’s Micro, Small, and Medium-sized Enterprises (MSMEs). This move is a significant boost to the country’s economy, as MSMEs contribute 40% to Kenya’s GDP and account for…
The Uganda National Oil Company (UNOC) is set to showcase the country’s oil investment prospects at the African Energy Week (AEW) 2025, a premier energy investment event. UNOC’s CEO, Proscovia Nabbanja, will highlight the opportunities available in Uganda’s oil and…
In a landmark move that reaffirms Uganda’s pharmaceutical self-sufficiency and regional health leadership, Quality Chemical Industries Limited (QCIL) has secured a USD36M ( about Shs131 billion) facility from Stanbic Bank Uganda. The financing will support the construction of a new…
A recent scandal involving a Ksh1.5 billion M-Pesa scam has led to the dismissal of 200 employees at Equity Bank in Kenya, which is one of the biggest cleanups in the Bank’s history. Sources at the Bank revealed to the…
MTN Uganda has today extended its continued support to the Anglican Church by donating Shs10,000,000 to the Northern Cluster, which is leading this year’s Anglican Martyrs Day celebrations. The symbolic handover ceremony was held on Wednesday morning in Arua and…
The Uganda Tourism Board (UTB) has a new Chief Executive Officer (CEO), Juliana Kagwa, who was appointed today to lead the organisation that’s key at promoting Uganda’s tourism sector. Her appointment was confirmed by the Ministry of Tourism, Wildlife and…
In a significant move that will give the company great competitive advantage, Uganda Breweries Limited (UBL) today signed a 5-year MoU with the Ministry of Foreign Affairs (MoFA), to supply Ugandan Missions abroad with Uganda’s iconic gin, Uganda Waragi and…
The Uganda Bankers’ Association (UBA) has appointed Mr. Wilbrod Owor,its Executive Director, as the Secretary for its Central Executive Committee, for a one-year term, spanning from 2025 to 2026. This appointment to the UBA Central Executive Committee (CEC) is a…
The Parish Development Model (PDM) is a poverty alleviation project that has been transforming lives and empowering communities in Uganda ever since it was launched by the government in 2022. As part of this wealth creation tour in Greater Luwero…
Uganda Airlines launched direct flights from Uganda to the United Kingdom early this week, marking a significant milestone in the national carrier’s resurgence. The inaugural flight touched down at London Gatwick Airport on May 18th, 2025, and the Airline will…
A Ugandan student, Emmanuel Kiyonga, has made a groundbreaking discovery in the field of pharmaceuticals, developing a drug that cures breast cancer. The drug, named Raloxifene Hydrochloride Solvate-Hydrate, is the first patent secured by the university. Kiyonga, a pharmacy graduate…