Tag featured

Entebbe Airport Expansion: Chinese Delegation Visit Highlights Strategic Partnership and Progress

A high-level delegation led by Hu Zhangliang, Vice Chairman of the China International Development Cooperation Agency (CIDCA), visited the ongoing expansion project at Entebbe International Airport on September 21, 2025. The inspection and subsequent meeting with key Ugandan officials, including…

Read MoreEntebbe Airport Expansion: Chinese Delegation Visit Highlights Strategic Partnership and Progress

Uganda’s Oil Ambitions Face Delays After Auditor General Flags Critical Shortfalls Ahead of First Oil Production

Uganda’s journey to becoming an oil-producing nation is facing significant hurdles, with a report from the Auditor General (AG) Mr. Edward Okwakol, revealing critical delays and underfunding across major projects. According to the report, while the government had set a…

Read MoreUganda’s Oil Ambitions Face Delays After Auditor General Flags Critical Shortfalls Ahead of First Oil Production

Centenary Bank Lauded as Top-Performer for Disbursing Shs24.7 Billion Grow Project Money to Empower Women Entrepreneurs

Centenary Bank is being hailed as the top-performing partner in the Generating Growth Opportunities and Productivity for Women Enterprises (GROW) project, a high-impact initiative aimed at empowering women entrepreneurs and underserved communities. During a high-level review meeting held on Thursday,…

Read MoreCentenary Bank Lauded as Top-Performer for Disbursing Shs24.7 Billion Grow Project Money to Empower Women Entrepreneurs

World Bank Women Empowerment Initiative Stalls as Shs41Bn GROW Project Money Lies Idle in Banks

A World Bank-funded project designed to empower women entrepreneurs across Uganda, popularly known as ‘GROW’, is facing significant challenges, with a new report revealing that a massive Shs41.22 billion in funding remains unspent. The Generating Growth Opportunities and Productivity for…

Read MoreWorld Bank Women Empowerment Initiative Stalls as Shs41Bn GROW Project Money Lies Idle in Banks

Government Loses Shs11 Trillion as Auditor General Flags Massive Revenue Leakage from Black Market Gold Exports

Uganda is losing staggering amounts of revenue from its mineral wealth, with a new report from the Auditor General, Edward Okwakol, revealing a Shs11 trillion loss from black market gold exports. This massive financial haemorrhage is directly undermining the government’s…

Read MoreGovernment Loses Shs11 Trillion as Auditor General Flags Massive Revenue Leakage from Black Market Gold Exports

Uganda’s Power Grid Sees Extensive Growth as UEDCL Adds Over 640,000 New Connections in Six Months

In a significant display of progress since taking over from the private concessionaire Umeme Uganda Limited, the Uganda Electricity Distribution Company Limited (UEDCL) has added a remarkable 648,404 new connections to the national grid in just six months. This achievement,…

Read MoreUganda’s Power Grid Sees Extensive Growth as UEDCL Adds Over 640,000 New Connections in Six Months

 Stanbic Bank’s Development Partners Roundtable Forges New Blueprint for Uganda’s Economic Growth

Stanbic Bank Uganda is moving beyond the traditional role of a financial institution to become a strategic partner in the nation’s development. This was the central message at the 5th Stanbic Development Partner Organisations (DPOs) Roundtable, a unique forum that…

Read More Stanbic Bank’s Development Partners Roundtable Forges New Blueprint for Uganda’s Economic Growth