Uganda’s State Minister of Finance for Investment and Privatisation, Hon. Evelyn Anite, has emphasised that manufacturing is the quickest vehicle for the country’s economic transformation. During a tour of industries in Jinja City on Wednesday, Minister Anite highlighted the importance…
MTN Group’s appointment of Monzer Ali as the Chief Executive Officer of MTN Rwanda is a strategic move that is expected to boost the company’s market leadership in the Rwandan telecom industry. With his wealth of experience and expertise, Monzer…
In the ever-evolving world of fintech, few names shine brighter than Strive Masiyiwa, the Zimbabwean telecom mogul who has reshaped Africa’s digital financial landscape. But now, Uganda has its leader making waves in the industry: Richard Yego, the visionary Managing…
Ugandans are set to gain greater control over their water bills and usage, thanks to the upcoming rollout of smart water meters by MTN Uganda. These advanced devices will provide households and businesses with real-time data on water consumption, helping…
Uganda Development Bank (UDB), which is headed by Patricia Ojangole as Managing Director, has introduced the UDB SME Kazi Loan, a tailored financial solution designed to empower small and medium enterprises (SMEs) in Uganda. This loan offers funding of up…
The equipment was delivered today to Mpugwe Health Centre III by a team from Stanbic Bank led by the Chief Executive Officer, Mumba Kenneth Kalifungwa, who hailed the medical personnel at the health facility for the great work they are…
The Bank of Uganda (BoU) has taken a significant step in the fight against financial fraud with the appointment of Dr. Tumubweinee Twinemanzi as Chairman of the Financial Sector Anti-Fraud Consortium. Dr. Twinemanzi is the Executive Director, National Payment Systems…
The Uganda Civil Aviation Authority (CAA) this week organised a one-day workshop at Protea Hotel, Entebbe, bringing together key stakeholders from various industries to discuss avenues to strengthen partnerships and enhance Uganda’s export potential. The event was attended by representatives…
In a bid to revamp the country’s power grid, the government of Uganda is set to invest US$ 100m about Shs370Bn in the Uganda Electricity Distribution Company Limited (UEDCL), which took over from Umeme at the beginning of this month.…
The State Minister for Minerals, Phiona Nyamutooro, over the weekend presided over the handover ceremony of assets of Kilembe Mines Limited to Uganda National Mining Company ( UNMC), Sarai Group and Nile Fireboard Limited, the three entities that are set…
Quality Chemical Industries Limited (QCIL) has appointed Dr. Frances Philomena Namatovu as its new Executive Director. This strategic appointment is expected to further enhance the company’s business operations, leveraging Dr. Namatovu’s extensive experience and expertise in the pharmaceutical industry. QCIL…
In a move that has sent ripples through the Southern African trade corridors, Tanzania has given South Africa and Malawi an ultimatum over trade restrictions on its agricultural exports. Tanzania’s Agriculture Minister, Hussein Bashe, has demanded that both countries lift…
The growing trade volume between Uganda and the United Kingdom is a significant development for Uganda Airlines and the country’s economic growth. With direct flights between the two nations via Uganda Airlines, cargo transport will become more efficient, enabling fresh…
Stanbic Bank Uganda this week signed a Memorandum of Understanding (MoU) with Buganda Kingdom through the Buganda Cultural and Development Foundation (BUCADEF) to promote coffee farming among youth in the kingdom. This strategic partnership, which was signed at Mengo, Bulange…
Uganda Breweries Limited (UBL) has appointed Catherine Twesigye as the new Head of Premium Spirits, a strategic move to increase the company’s market share in the beverages industry. With over a decade of experience in marketing and sales, Twesigye brings…