In a significant development for Uganda’s aviation, tourism, and trade sectors, Uganda Airlines has announced a new interline partnership with Air India, India’s leading global airline. This strategic agreement, effective August 25, 2024, according to Jenifer Bamuturaki, the CEO of…
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…
The unaudited interim financial results released by the Capital Markets Authority (CMA), as presented by the company’s directors, led by Selestino Babungi, the Managing Director, paint a picture of an entity in transition, grappling with the operational re-transfer of its electricity…
In a landmark move for Uganda’s health insurance sector, APA Insurance Uganda, in partnership with Hollard Health, has launched a new, innovative health insurance solution called ‘APA International Health’. With a maximum coverage limit of up to Shs36 billion, the…
Airtel Uganda’s public termination of an employee, Mr. Mabingo Juma, for “gross misconduct”, is more than a routine action by the Human Resource Manager’s office. It is a powerful and public statement that underscores the company’s aggressive efforts to combat…
When most East Africans think of corporate governance, their imagination often dashes to urban boardrooms where directors debate strategy and compliance. However, some of the most decisive governance questions for our region are being played out not in capital cities…
In a deliberate and strategic move to capture a share of the world’s largest outbound travel market, the Uganda Tourism Board (UTB), in partnership with the Uganda Consulate in Guangzhou, China, proudly showcased ‘Destination Uganda’ at the Chinese International Tourism…
Uganda has taken a significant stride toward aligning its economic ambitions with global climate goals. The Ministry of Finance, Planning and Economic Development, in a landmark partnership with the World Bank, European Union, Stanbic Bank, and other key international and…
The Ugandan delegation at the Summit included, besides Prof. Nuwagaba, Hon. Ruth Nankabirwa, the Minister of Energy and Mineral Development, Dr. Sudhir Ruperelia, the Chairman of Ruparelia Group of Companies, among others. Speaking on the Bank’s role in driving financial…
Uganda’s economy, and indeed its social fabric, is powered by a dynamic and resilient force: Small and Medium-sized Enterprises (SMEs). Making up a remarkable 90% of the country’s private sector, these businesses are the true engine of growth, creating livelihoods…
Even before the first barrel of commercial oil is extracted, Uganda’s promising oil and gas sector is already a transformative force, reshaping the nation’s economic and social landscape. This was the pivotal message delivered by Gloria Sebikari, the Manager of…
In a powerful address that set the tone for the national budgeting process, the Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, announced a major crackdown on dishonest and inefficient fiscal practices. At the National Budget Conference for the…
The MTN Foundation, the corporate social investment arm of MTN Uganda, is embarking on a new strategic phase following the appointment of two of Uganda’s most respected professionals, Allen Kagina and Francis Gimara, to its Board of Directors. This move…
The East African Community (EAC) has long championed the vision of a unified Common Market, a cornerstone of which is the free movement of persons, services, and capital. However, a stark reality has emerged: despite a 12% growth in intra-EAC…
The National Social Security Fund (NSSF) has once again cemented its role as a key driver of Uganda’s economy, announcing record-breaking earnings and contributions for the Financial Year ending June 30, 2025. With earnings soaring to Shs3.52 trillion, an 11%…