Castle Placement LLC, a premier private capital investment bank, has been mandated to raise US$5 billion (about Shs18.2 trillion) for 1Stock Limited, an investment management company registered in Uganda. The funding will be used to support large-scale infrastructure developments across…
The Uganda Bankers’ Association (UBA) has officially inaugurated the UBA Agro-Industrialisation, Tourism, Mineral development, and Science (ATMS) Technical Working Group, with Stanbic Bank’s Executive Director and Head of Corporate and Investment Banking, Mr. Paul Bitature Muganwa, at the helm as…
The National Agricultural Research Organisation (NARO) has made a groundbreaking achievement in the development of a new anti-tick vaccine, NAROVAC, which is set to revolutionise livestock farming in Uganda. The vaccine, developed by the National Livestock Resources Research Institute (NaLIRRI),…
The Uganda Civil Aviation Authority (UCAA) has signed a Management Service Agreement (MSA) with the International Civil Aviation Organisation (ICAO) to launch a partnership focused on evaluating UCAA’s training needs and developing a training plan for the 2026-2028 period. This…
As the world grapples with the challenges of poverty and unemployment, a distinguished Agripreneur and Presidential Adviser on value addition, Dr. Hillary Emma Musoke, is calling on youths to leverage on agriculture to break the chains of generational poverty. According…
Uganda’s aspirations to become an oil-producing nation have long been in the making. With the discovery of commercial oil reserves in the Albertine Graben nearly two decades ago, the country embarked on a journey towards energy self-sufficiency and economic independence.…
In a significant move, Union Investment, one of the world’s top 20 global investors, has decided to remove TotalEnergies from its sustainable investment funds. This decision follows serious allegations related to human rights abuses linked to TotalEnergies’ East African Crude…
The Ministry of ICT and National Guidance, in partnership with the Japan International Cooperation Agency (JICA), has launched a Business Matching Platform, known as BizLink, to connect Ugandan ICT professionals and companies with international counterparts. This platform is designed to…
The Kenya Commercial Bank (KCB) Uganda has taken a significant step in supporting the growth and resilience of Uganda’s energy industry by unveiling two new products specifically designed for the oil and gas sector. The products, launched during the KCB…
In a significant milestone for Uganda and African women, Dr. Patricia Ojangole, the Managing Director of Uganda Development Bank (UDB), has been appointed Chairperson of the Association of African Development Finance Institutions (AADFI). This appointment is a testament to Dr.…
I write this with a heavy heart; one that aches not only as a mother but as a Ugandan deeply concerned for the soul of our nation. The Ugandan Ministry of Education and Sports last week banned extravagant school activities,…
Uganda Airlines is set to benefit significantly from a new partnership with the Nigerian government, UNDP (United Nations Development Programme) Nigeria, and Nigerian Airlines, after it launched a dedicated Nigeria-East and Southern Africa cargo route. This partnership, which was unveiled…
The Bank of Uganda (BOU) has unveiled its Strategic Plan 2022-2027, aimed at promoting macroeconomic stability, financial sector development, and sustainable, people-centred growth. According to Prof. Augustus Nuwagaba, the Deputy Governor of BOU, the Bank’s role goes beyond monetary policy…
In today’s connected world, having access to a smartphone is no longer a luxury but a necessity. However, according to Sylvia Mulinge, the Chief Executive Officer (CEO), MTN Uganda, access to a smartphone without the ability to use it is…
Key stakeholders from civil society, government, and the oil and gas sector have pledged to deepen cooperation and foster mutual understanding to advance best practices in business and human rights in Uganda’s extractive industry. The commitment was reaffirmed during the…