Even before the first barrel of commercial oil is extracted, Uganda’s promising oil and gas sector is already a transformative force, reshaping the nation’s economic and social landscape. This was the pivotal message delivered by Gloria Sebikari, the Manager of…
When Juliana Kagwa took over as CEO of the Uganda Tourism Board (UTB) in May 2025, the big question was: what would she do differently? We’ve had strong leaders before; Stephen Asiimwe gave Uganda a voice in the global tourism…
In a powerful address that set the tone for the national budgeting process, the Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, announced a major crackdown on dishonest and inefficient fiscal practices. At the National Budget Conference for the…
The East African Community (EAC) has long championed the vision of a unified Common Market, a cornerstone of which is the free movement of persons, services, and capital. However, a stark reality has emerged: despite a 12% growth in intra-EAC…
The National Social Security Fund (NSSF) has once again cemented its role as a key driver of Uganda’s economy, announcing record-breaking earnings and contributions for the Financial Year ending June 30, 2025. With earnings soaring to Shs3.52 trillion, an 11%…
In a significant high-level meeting, Sunil Taldar, the Group CEO of Airtel Africa, met with the Governor of the Bank of Uganda, Dr. Michael Atingi-Ego, along with the leadership of Airtel Uganda, led by the Managing Director, Soumendra Sahu, and…
Absa Bank Uganda shone brightly on the global stage, earning top recognition at the inaugural Absa Group CEO Pinnacle Awards in Johannesburg, South Africa, held over the weekend. The awards, hosted by Absa Group CEO Kenny Fihla, celebrated the best…
The Uganda Railways Corporation (URC), under the leadership of Benon M. Kajuna as Managing Director, has a bold vision: to become the “Preferred Freight and Passenger Transporter in Eastern Africa by 2040.” However, a new report by the Auditor General,…
The African Development Bank (AfDB) is in advanced talks with Uganda’s Ministry of Works and Transport to fund a transformative project aimed at upgrading regional aerodromes, with a primary focus on converting Arua Airfield into a full-fledged international airport. The…
The government of Uganda has announced plans to secure a new USD 400 million (over Shs1.4 trillion) loan from a consortium of lenders, including the African Development Bank (AfDB), the International Fund for Agricultural Development(IFAD), the Islamic Development Bank and UniCredit…
The Ministry of Finance, Planning and Economic Development has released a comprehensive economic outlook that provides a clear and compelling narrative for Uganda’s future. The data points to a steady and robust upward trajectory, affirming that the nation’s ambitious goal…
Stanbic Bank Uganda has unveiled a transformative enhancement to its unsecured lending, extending the Supa Dupa loan repayment tenor from 7 to 10 years. This strategic shift is far more than a simple product update; it’s a bold declaration of…
The Bank of Uganda on Wednesday, September 3, 2025, hosted board members from both MTN MoMo and MTN Fintech for a strategic meeting, which was chaired by the BoU Governor, Mr. Michael Atingi-Ego, flanked by Dr. Tumubweinee Twinemanzi, the Executive…
The inaugural Uganda Development Finance Summit has established itself as a pivotal platform for redefining Africa’s economic trajectory. Convened by the Uganda Development Bank (UDB), the summit, which brought together leaders from across the continent, was framed by the Bank…
At the Makerere University Investor Roundtable Summit held on Tuesday, September 2, 2025, a powerful message emerged: Uganda’s future prosperity hinges on its ability to invest in its youthful population strategically. Stanbic Bank Uganda, represented by its Executive Director and…