For much of the past five years, one of the most consequential economic decisions in Uganda has not been made in Parliament or announced in a national budget. It has been made quietly inside bank boardrooms through a simple question:…
“To achieve growth from 50–60 billion dollars to 500 billion dollars is now extremely easy. We already have the roads and infrastructure in place; all we need is funding,” Tanna said. For more than two decades, Uganda has pursued a…
Every generation has produced countries that fundamentally rewrote the rules of economic development. Japan rebuilt itself from the devastation of war into an industrial giant. South Korea rose from poverty to become a global technology powerhouse. Singapore transformed a small…
Ugandans are set to gain greater control over their water bills and usage, thanks to the upcoming rollout of smart water meters by MTN Uganda. These advanced devices will provide households and businesses with real-time data on water consumption, helping…
In the vibrant city of Kampala, where ambition and opportunity intersect, Catherine Poran has emerged as a transformative leader at the helm of the Stanbic Business Incubator Limited (SBIL). A visionary strategist and dedicated mentor, Catherine has earned her place…
Sigenergy, a leading energy innovator, has released its 2024 Environmental, Social, and Governance (ESG) Report, highlighting its efforts to combat climate change, advance clean energy technologies, and contribute to a sustainable, low-carbon future. “Sustainability is a core principle guiding Sigenergy’s…
Key Financial Highlights Absa Bank Uganda has announced impressive financial results for the year ended December 31, 2024, with profit after tax surging by 22% to Sh178 billion, up from the previous year. The bank’s total revenue grew by 15% to Sh546…
Uganda’s creator economy is rising as a powerful engine for youth empowerment, job creation, and digital innovation. In a country where over 75% of the population is under the age of 30, digital content creation is not just a trend,…
Between 2019 and 2022,UK was Uganda’s second largest source of investment after the Netherlands with an average annual foreign direct inflow of USD 685 million and a cumulative stock of USD 3.0 billion by 2023. In a bold move that…
Nike and SKIMS Launch New Brand, NikeSKIMS, Designed to Sculpt; Engineered to Perform Nike, Inc. (NYSE: NKE) and SKIMS are teaming up to disrupt the global fitness and activewear industry with the launch of NikeSKIMS, a new brand that will deliver…
Following his recent confirmation as the Governor of the Bank of Uganda, Dr. Michael Atingi-Ego steps into one of the most influential economic roles in the country at a time when Uganda’s monetary policy is under heightened scrutiny. His appointment…
In a groundbreaking move aimed at revolutionizing workplace dynamics, Roke Telkom, Uganda’s homegrown telecommunications provider, has partnered with THAUT, a cloud-based emotional intelligence (EI) platform, to launch an innovative solution designed to enhance organizational engagement and foster meaningful connections. The partnership, announced…
The Bank of Uganda has appointed Collin Babirukamu as its new Chief Information Officer (CIO). Babirukamu brings a wealth of experience in digital transformation, cybersecurity, and financial technology to this critical role. His expertise in areas such as artificial intelligence,…
SLB, a leading global technology company in energy, announced on Wednesday the opening of its Africa Performance Center in Luanda, Angola. This state-of-the-art facility, spanning 3,200 sqft, will serve as a collaborative hub for industry stakeholders, fostering innovation and development…
A Trailblazer in Banking: Ms. Grace Muliisa In the dynamic world of finance, Ms. Grace Muliisa stands out as a transformative leader who has reshaped the banking landscape in Uganda. With a career spanning over two decades, Grace has risen…