Category News

BoU Governor Atingi-Ego Reveals How ‘Okusevinga’ is Turning Uganda’s Idle Billions into National Wealth

On December 17, 2025, Uganda took a quiet yet transformative step in its financial evolution with the launch of the Okusevinga Money Market Unit Trust Scheme Pilot. While the announcement was subtle, its implications are monumental. Conceptualised over several years…

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Strategic Vision: Peace Gakwaya Appointed Britam Asset Managers Uganda CEO to Drive Market

 Britam Asset Managers Company (Uganda) Limited has officially announced the appointment of Ms. Peace Gakwaya as its new Chief Executive Officer, effective December 8, 2025. The move is seen by industry analysts as a strategic manoeuvre to accelerate Britam’s growth…

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How Shs166.6Bn Gov’t Debt with UCAA is Threatening Uganda’s Trade, Tourism, and Oil & Gas Sectors

In a high-level stakeholder engagement held this week at the Imperial Royale Hotel, the Uganda Civil Aviation Authority (UCAA) revealed a critical financial bottleneck that threatens to stall the nation’s soaring aviation ambitions. The UCAA Director General, Mr. Fred K.…

Read MoreHow Shs166.6Bn Gov’t Debt with UCAA is Threatening Uganda’s Trade, Tourism, and Oil & Gas Sectors

 Japanese Giant Asahi to Acquire Diageo’s Majority Stake in East African Breweries Limited for US$2.3 Bn

In a transformative move for the African beverage industry, global spirits leader Diageo has reached a definitive agreement to sell its 65.0% controlling stake in East African Breweries PLC (EABL) to the Japanese multinational Asahi Group Holdings. The transaction, valued…

Read More Japanese Giant Asahi to Acquire Diageo’s Majority Stake in East African Breweries Limited for US$2.3 Bn

Airtel Africa Unveils SpaceX Connectivity to Bolster Accessibility to Internet and Drive Economic Transformation

In a landmark move for the African telecommunications sector, Airtel Africa has announced a strategic agreement with SpaceX to integrate Starlink Direct-to-Cell satellite connectivity across its 14 markets, including Uganda. This partnership is set to redefine internet accessibility in the…

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Uganda’s Aviation Sector Soars as UCAA Unveils Massive Infrastructure Upgrades and Strategic Global Victories

The Uganda Civil Aviation Authority (UCAA), during a high-level stakeholder engagement held today at the Imperial Royale Hotel in Kampala, declared a landmark year of growth and unveiled aggressive plans to transform the nation into a regional aviation powerhouse. Led…

Read MoreUganda’s Aviation Sector Soars as UCAA Unveils Massive Infrastructure Upgrades and Strategic Global Victories