The insurance landscape in Uganda is on the verge of a dramatic transformation following the recent approval by the Insurance Regulatory Authority (IRA) of Uganda of a merger between two formidable global entities: South African insurance giant Sanlam and Jubilee…
The East African Crude Oil Pipeline (EACOP) project is not just building a pipeline; it’s building futures. As part of its commitment to restoring and improving the livelihoods of Project-Affected Households (PAHs), EACOP Ltd has successfully stepped up its comprehensive…
In a significant display of collaboration at the apex of Uganda’s financial sector, on Thursday, July 31, 2025, Mr. Mumba Kenneth Kalifungwa, the new Chief Executive of Stanbic Bank Uganda, paid a courtesy visit to the Governor of the Bank…
Uganda’s ambitious drive to transform its tourism and oil and gas sectors, key pillars of its economic future, faces a significant setback after the Ministry of Works and Transport announced the suspension and slowdown of several critical road construction projects…
In a profound display of regional solidarity and strategic economic foresight, the President of Uganda H.E. Yoweri Kaguta Museveni and his Kenyan counterpart H.E. Dr. William Ruto, concluded an official State Visit on Tuesday, July 30th, 2025, by signing eight…
Ugandan women entrepreneurs, recognised as powerful drivers for socio-economic transformation, are set to gain unprecedented access to tailored and affordable financing solutions, thanks to a global partnership led by the World Bank Group and championed locally by Stanbic Bank Uganda.…
Uganda is charting a bold new course for inclusive economic growth, with a particular focus on empowering women in trade and nurturing future generations of entrepreneurs. The Breaking Barriers to Trade conference, held in Kampala on Tuesday, served as a…
The 8th Annual Uganda Bankers Conference 2025 concluded on Tuesday with a powerful summation from Kenneth Mumba Kalifungwa, the Chief Executive Officer of Stanbic Bank Uganda, who underscored the pivotal role of remittances, financial technology (FinTech), and sustained collaboration in…
Uganda’s emerging oil and gas sector is reaching a pivotal new phase, marked by a landmark agreement between the Uganda National Oil Company (UNOC) and Vivo Energy Uganda Limited. This strategic partnership, formally signed at UNOC’s head office in Kampala…
Remittances are more than mere financial transactions; they are the bedrock of Uganda’s economic resilience, a lifeline for millions of families, and a powerful engine for national development. This was the central message delivered by Julius Kakeeto, the Managing Director…
Amidst persistent whispers and misinformation, the Uganda National Oil Company (UNOC) has stepped forward to set the record straight on the nation’s eagerly anticipated journey to first oil production. Tony Otoa, UNOC’s Chief of Corporate Affairs, has for the first…
In a landmark achievement that resonates beyond its borders, Uganda has positioned itself at the forefront of global medical innovation, as the United States Patent and Trademark Office (USPTO) has formally accepted two groundbreaking vaccine patent applications by Dr. Mathias…
A renewed commitment to a key partnership between the United Nations Economic Commission for Africa (ECA) and the Arab Bank for Economic Development in Africa (BADEA) is set to unlock significant benefits for Uganda and Africa at large. During a…
The Uganda Electricity Transmission Company Limited (UETCL) is set for enhanced operational stability and strategic continuity following the appointment of Eng. Richard Matsiko as Acting Chief Executive Officer. Rising from his previous role as Deputy CEO, Eng. Matsiko’s immediate assumption…
After years of strategic planning and significant investment, Uganda’s long-awaited journey to become an oil-exporting nation is about to be realised. The East African Crude Oil Pipeline (EACOP), a pivotal USD5 billion infrastructure project, has officially entered its “12-month sprint,”…