In a decisive move to create a digitally unified East Africa, the Permanent Secretary of Uganda’s Ministry of ICT and National Guidance, Dr. Aminah Zawedde, recently chaired a high-level meeting in Kigali, Rwanda. The gathering brought together senior ICT officials…
In a profound display of regional solidarity and strategic economic foresight, the President of Uganda H.E. Yoweri Kaguta Museveni and his Kenyan counterpart H.E. Dr. William Ruto, concluded an official State Visit on Tuesday, July 30th, 2025, by signing eight…
In a bold move that signals both continuity and a strategic shift, Absa Bank Uganda has appointed Keith Kalyegira as its new Board Chairman a decision that industry insiders say could catalyze significant change in Uganda’s banking and financial services…
Airtel Uganda’s recent announcement of a record-breaking interim dividend of Shs100 billion for the quarter ending December 31, 2024, has set new benchmarks for shareholder returns while sending ripples across Uganda’s competitive telecom market. Airtel Uganda, which went public in…
The race for the presidency of the African Development Bank (AfDB) is heating up, with five candidates vying for the top position. As the election approaches in May 2025, the contest is shaping up to be a diplomatic and strategic…
The seventh annual bankers’ conference, hosted by the Uganda Bankers Association (UBA) on June 19th at the Kampala Serena Hotel, buzzed with discussions on Environmental Social and Governance (ESG) issues, reflecting a growing global trend among businesses. Under the theme…
IFC, a member of the World Bank Group, and Absa Group Limited, a South African-based bank, will provide an up to US$60 million commodity trade finance facility to Volcafe, a leading global green coffee merchant, to strengthen the company’s operations…
In a strategic move to capitalize on the growth potential of its mobile money services, Airtel Africa has announced plans to take its mobile money unit public through an initial public offering (IPO) in 2025. This decision comes as the…
Interswitch, one of Africa’s leading integrated payments and digital commerce companies and eMaisha Pay have announced a partnership which will digitize payments in Uganda’s agriculture sector to address several challenges encountered by farmers as well as businesses throughout the value…
Kansai Paint Co., Ltd. has entered into an agreement to sell its Africa business to Akzo Nobel N.V. (“AkzoNobel”), a global paints and coatings company, said on June 2 in a statement. Kunishi Mori, Kansai Paint’s president said, “We are…
Thursday 4th November 2021- Nairobi Kenya: Kenya’s Capital Markets Authority (CMAK) has provided its ‘no objection’ for The MTN Uganda Initial Public Offering (IPO) to be marketed in Kenya, allowing the marketing of the shares to both Professional Investors and…
It is as fresh as an oven-baked cake that MTN Uganda has offered over 4.5 billion shares to the public for acquisition. The offer signifies that the public can now become shareholders of MTN meaning they will own part of the…
Upon finalization of the share acquisition transaction, Kenyan I&M Group announced plans to rebrand its newly acquired business in Uganda, Orient Bank Ltd to I&M Bank (Uganda) Limited. I&M PLC’s acquisition of 90% shareholding in Uganda’s Orient Bank Ltd (OBL)…
PR is a management function that supports all departments in a given organization. If a journalist is hired, they must have a crucial eye for detail.
Applications developed thus far have made it possible to conduct virtual meetings in any location and at any time. KAMPALA, UGANDA – Technology has eased communication. The landing of the undersea cables at East Africa’s coast has helped reduce the…