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…
In today’s fast-paced business landscape, having a solid financial foundation is crucial for achieving long-term success. According to Lilian Katiso, Managing Director of Zaddock Associates, a well-planned financial strategy serves as the backbone of any business, enabling entrepreneurs to make…
In a bold move to mitigate the devastating effects of climate change, Uganda Breweries Limited (UBL) has demonstrated its unwavering commitment to environmental sustainability. Through innovative energy solutions and reforestation initiatives, UBL has significantly reduced its carbon footprint, setting a…
In a historic move, President Paul Kagame has appointed Dr. Soraya M. Hakuziyaremye as the first female governor of the National Bank of Rwanda (BNR), effective February 25, 2025. This appointment is a testament to Dr. Hakuziyaremye’s exceptional leadership skills,…
In a significant milestone for conservation efforts in Tanzania, EACOP Limited has signed a Memorandum of Understanding (MoU) with the Tanzania Wildlife Authority (TAWA) to protect the country’s wildlife in project-affected areas. This agreement is expected to have a positive…
In a country where poverty and unemployment remain significant challenges, innovative entrepreneurs like Angella Babirye are leading the charge in unlocking the economic potential of Uganda’s natural resources. Babirye, the proprietor of Lamalo Essentials, an agroecological business enterprise that empowers…
The Petroleum Authority of Uganda (PAU), under the leadership of Mr. Ernest Rubondo, has moved to calm concerns about the potential dangers of the East African Crude Oil Pipeline (EACOP) to Uganda’s and Tanzania’s ecological systems. According to PAU, while…
In a move set to shake up the insurance industry in Uganda, Aidah Nkwanzi has taken the reins as the new Chief Executive Officer of Britam Life Assurance. A seasoned insurance expert with over 18 years of experience, Nkwanzi is…
A recent Memorandum of Understanding (MoU) signed between EACOP Limited and the Government of Tanzania is set to bolster the oil and gas sector in Uganda. The agreement, facilitated through the Ministry of Home Affairs, outlines project security commitments in…
In a move aimed at boosting economic development in South Sudan, the African Development Fund (ADF) has approved a grant of USD 153.66 million (over Shs562 billion) for the Uganda-South Sudan power interconnection project. The project, which is part of…
Uganda is one of the countries that are most vulnerable to climate change in Africa. Rising temperatures, changing rainfall patterns, and increased frequency of extreme weather events are all taking a toll on the country’s agricultural sector. The worst-affected areas…
The Petroleum Authority of Uganda (PAU) has reaffirmed its commitment to improving the livelihoods of project-affected Ugandans through agriculture. During a quarterly engagement meeting with Non-Governmental Organizations (NGOs) and private sector players in Kampala, the PAU shared valuable insights on…
With the Easter holiday season just around the corner, businesses in Uganda are gearing up to capitalize on the increased consumer spending. Financial experts at Stanbic Bank have shared valuable insights on how entrepreneurs can maximize sales, profits, and customer…
The Uganda Electricity Generation Company Limited (UEGCL) has reaffirmed its commitment to supporting the country’s development agenda, as outlined in the National Development Plan (NDP) III (2020/21-2024/25) and the upcoming NDP IV (2025-2030). In a stakeholders’ workshop held at Skyz…
Uganda’s economy is poised for a significant boost, thanks to the vast potential of castor oil production. With its high market demand, profitability, and versatility, castor oil is an attractive crop for Ugandan farmers to embrace. In this article, we…