In a fresh twist of events, the Auditor General, Edward Akol, has revised the figure for the Umeme buyout from the earlier estimated Shs700.218 billion to Sh432.677 billion, a move that’s bound to spark controversy. The Speaker of Parliament Rt. Hon.…
Uganda’s coffee industry is experiencing a significant surge, with exports reaching unprecedented heights. According to a recent report from the Ministry of Agriculture, Animal Industry and Fisheries, coffee exports in February 2025 totaled 555,756 60-kilo bags, worth a staggering US$167.68…
A team of innovative Ugandan researchers, led by Fiona Magoba and Louis Muhindo, has developed a groundbreaking mobile application, PeDD, which empowers farmers to diagnose crop diseases instantly and receive expert recommendations for treatment and prevention. This cutting-edge technology has…
In a move to revolutionize mobile money payments, Network International, a leading enabler of digital commerce, has partnered with Dubai-based carrier Flydubai to introduce mobile money payments for customers in Kenya and Uganda. This partnership enables travelers to pay for…
The Minister for Energy and Mineral Resources Ruth Nankabirwa downplayed fears that the power supply in the country is set to be interrupted with the exit of Umeme, following the expiry of the company’s concession on March 31, 2025. After…
The private sector has a critical role in promoting sustainable water usage and mitigating the effects of climate change. This was emphasized by officials from Stanbic Bank Uganda and Uganda Breweries Limited (UBL) during a panel discussion organized by the…
In a strategic move to expand its product offerings and cater to premium customers, Crown Beverages Limited has launched Nivana Packaged Drinking Water in sleek glass bottles. This innovation not only responds to customer demand but also supports environmental sustainability,…
As Uganda’s oil and gas sector continues to evolve, strategic partnerships have emerged as a vital component for driving growth, productivity, and profitability. According to Ali Sekatawa, Director Legal, at the Petroleum Authority of Uganda (PAU), partnerships at all levels…
The Ugandan government has revised the final buyout price for national power distributor Umeme to USD190.9 million, approximately Shs699 billion, from the earlier estimated USD191 million, about Shs700 billion. This development comes as Umeme’s concession ends on March 31, 2025.…
Uganda’s economic transformation can only be achieved through sustainable development, according to Patricia Ojangole, Managing Director of the Uganda Development Bank Limited (UDBL). This statement emphasizes the crucial role sustainable development plays in driving economic growth while mitigating climate change.…
Uganda’s national carrier, Uganda Airlines, has launched direct flights from Entebbe to Gatwick Airport in London, marking a significant milestone in the country’s aviation history. This new route is expected to boost tourism and trade between Uganda and the United…
The East African Crude Oil Pipeline (EACOP) Limited has taken a significant step towards building local expertise in Uganda’s oil and gas sector. In collaboration with Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited (PCK) and Avanti Energy…
As Uganda readies itself for the monumental shift in its power distribution sector, the clock is ticking toward April 1, 2025, when Umeme’s long-standing monopoly will come to an end. The transition of power distribution to the Uganda Electricity Distribution…
As the world continues to commemorate Women’s Month this March, MTN Uganda’s General Manager of the Enterprise Business Unit, Ibrahim Senyonga, paid a courtesy visit to the Chief Executive of Stanbic Business Incubator, Catherine Poran. The visit was a gesture…
The list of schools that qualified to participate in the 10th Anniversary of the Stanbic Bank National Schools Championship has finally been released. The participating schools were announced on Monday during the official unveiling of the Stanbic Bank National Schools Championship…