As Uganda readies itself for the monumental shift in its power distribution sector, the clock is ticking toward April 1, 2025, when Umeme’s long-standing monopoly will come to an end. The transition of power distribution to the Uganda Electricity Distribution…
To streamline Uganda’s mortgage financing sector, the Central Bank has tabled before Parliament a Bill that seeks to protect borrowers’ properties from being attached. The Mortgage Refinancing Institutions Bill 2025, which was tabled before the Parliament last week, states that…
As the world continues to commemorate Women’s Month this March, MTN Uganda’s General Manager of the Enterprise Business Unit, Ibrahim Senyonga, paid a courtesy visit to the Chief Executive of Stanbic Business Incubator, Catherine Poran. The visit was a gesture…
The Kagera Water Project is nearing completion, with National Water and Sewerage Corporation (NWSC) Managing Director Dr. Eng. Silver Mugisha emphasizing the need for patriotism and collaboration to ensure timely completion by June. During a preliminary inspection in Kikagate, Isingiro…
The list of schools that qualified to participate in the 10th Anniversary of the Stanbic Bank National Schools Championship has finally been released. The participating schools were announced on Monday during the official unveiling of the Stanbic Bank National Schools Championship…
The African Development Bank (ADB), under the leadership of its outgoing President Akinwumi Adesina, is playing a pivotal role in driving economic growth in various African countries, including Uganda. In recognition of his efforts to transform African economies, Kenyan President…
The Ugandan government’s recent allocation of an additional Shs 115 billion to Atiak Sugar Factory has raised eyebrows among citizens, with many questioning whether the investment reflects value for money. This new investment brings the total government investment in the…
The discovery of oil and gas reserves in Uganda has sparked a wave of excitement and investment in the country’s energy sector. As the sector continues to grow, it is rapidly developing high-level engineering capacity in Uganda, with far-reaching implications…
In a strategic move to expand its market share, Nile Breweries Uganda Limited has endorsed a distribution agreement with Red Bull and Charms, becoming the official distributor of Red Bull products in Uganda. This partnership is a win-win for both…
The Bank of Uganda, headed by Governor Dr. Michael Atingi-Ego, is taking a significant step towards promoting environmental sustainability by drafting a policy framework that will regulate the impact of banking institutions on the environment. This move is expected to…
The East African Development Bank (EADB) has embarked on a search for a new Director General, following the departure of Ms. Vivienne Yeda. As the search continues, Mr. Bernard Paul Mono has been appointed Acting Director General, effective March 14,…
The government of Uganda has allocated Shs60 billion towards the completion and operationalization of the Coffee Value Addition Plant in Ntungamo District. The Coffee Value Addition Plant, being overseen by Nelson Tugume, the proprietor of Inspire Africa Coffee Group, is…
The Bank of Uganda (BOU) is set to introduce sweeping changes to Uganda’s mortgage finance sector with the upcoming Mortgage Refinance Institutions Bill, 2025. Once passed into law, this bill will empower the BOU to regulate mortgage refinancing institutions, including…
Uganda’s Minister for Energy and Mineral Development, Ruth Nankabirwa, has emphasized the need for a sustainable mineral development policy to optimize the country’s natural resources. This call to action comes as Uganda launches the Sustainable Development of the Mining Sector…
Uganda Airlines Limited has strengthened its partnership with the UN Regional Service Centre Entebbe (RSCE) through the signing of a Master Travel Discount Agreement. This collaboration, which was signed by Mr. Paulin Djomo, the Director of Administration at RSCE and…