Category News

 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…

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Stanbic Bank Roots for Digital Inclusion in Uganda with Creator Summit, Anchoring Shs1 Trillion Youth Agenda

In a major drive to professionalise the emerging digital ecosystem and accelerate economic empowerment, Stanbic Bank Uganda has positioned itself as a key partner for youth employment and wealth creation through its inaugural Stanbic Ongea Digital Creators Summit 2025. Slated…

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Equity Group Fires 2,000 Staff in Major Sweep, Rewards Remaining Employees with 20% Pay Rise

Equity Group, Kenya’s most profitable bank, has undertaken a dramatic and decisive cultural reset, firing approximately 2,000 employees over serious conflicts of interest and ethics violations. This massive ethics sweep, announced by the Group’s Managing Director, Dr. James Mwangi, was…

Read MoreEquity Group Fires 2,000 Staff in Major Sweep, Rewards Remaining Employees with 20% Pay Rise

 P. M Nabbanja Halts Energy Minister Nankabirwa’s Bid to Privatise Power Distribution and Sack UEDCL Bosses

A sharp confrontation has erupted between two of Uganda’s most powerful female political figures: Prime Minister Hon. Robinah Nabbanja and Minister of Energy and Mineral Development, Hon. Ruth Nankabirwa, over the immediate future and management of the Uganda Electricity Distribution…

Read More P. M Nabbanja Halts Energy Minister Nankabirwa’s Bid to Privatise Power Distribution and Sack UEDCL Bosses