As hospitals across Uganda struggle with severe shortages of essential medicines, a report by the Auditor General has revealed a shocking case of mismanagement at the National Medical Stores (NMS), where expired drugs worth billions of shillings continue to pile…
The Stanbic Bank Economic Insights Symposium, held at the Serena Hotel in Kampala today, has shed light on Uganda’s economic performance, highlighting the significant role of gold and coffee exports in driving economic growth. According to Christopher Legilisho, a lead…
Uganda’s Oil and Gas sector is gaining momentum, with the Tilenga Project in the Albertine Rift being a prime example. The latest updates indicate that currently over 110 wells have been drilled, marking significant progress in the project. This milestone…
With just one day left to the Stanbic Bank Economic Insights Symposium slated for March 11, 2025, experts at the Bank have unveiled game-changing customer care practices for all business owners in Uganda. This year’s symposium, themed ‘Globalisation Reshaped: Riding the…
In Uganda’s agricultural sector, a quiet revolution is underway, driven by the passion and dedication of Catherine Aturinda, a clinical researcher, nutritionist and agricultural enthusiast. As a nutritionist and founder of Nouri-Mix Porridge, Aturinda has always been driven to make…
Uganda’s oil and gas sector is at a critical juncture, with significant investments pouring in and production expected to commence soon. However, as emphasized by Ms. Lynda Biribonwa, Chairperson of the Board of Directors, Petroleum Authority of Uganda (PAU), at…
The National Renewable Energy Platform (NREP) has launched a nationwide clean cooking initiative to accelerate the transition to green energy and minimize Uganda’s reliance on charcoal and firewood for cooking. Through intense research and innovation, NREP is holding workshops in…
With March 31, 2025 fast approaching, the UGX 700 billion buyout of Umeme Limited is shaping up to be one of Uganda’s biggest corporate transitions in recent history. As the government finalizes plans to take over electricity distribution, stakeholders are…
Partnerships are vital in the development of Uganda’s oil and gas sector. This was highlighted by the Minister for Energy and Mineral Development, Ruth Nankabirwa, at the 11th East African Petroleum Conference and Exhibition 2025, held at Nyerere International Convention…
The government of Uganda has, through the Ministry of Energy and Mineral Development, resolved to revive the production of copper at Kilembe mines in Kasese District. This signing of the Mineral Production Sharing Agreement with Sarrai Group Limited from…
As Uganda moves towards full control of its electricity distribution, the government has strategically turned to Stanbic Bank Uganda, the country’s leading financial institution, for a crucial loan of Shs700 billion to finance the buyout of Umeme Limited. This partnership…
Key findings Operating conditions for Ugandan private sector firms improved in February, following a brief decline at the start of the year sending the headline Stanbic Purchasing Managers’ Index (PMI) up to 52.6 compared to the January reading of 49.5.…
After a successful tenure as Chief Executive Officer of Absa Bank, Mumba Kenneth Kalifungwa has bid farewell to the institution, paving the way for his new role as CEO of Stanbic Bank Uganda. Kalifungwa’s leadership at Absa Bank was marked…
As the backbone of Uganda’s economy, small businesses play a vital role in driving growth and development. However, navigating the complexities of running a small business can be daunting, and many entrepreneurs struggle to avoid common mistakes that can be…
After five years of exceptional leadership, Melkamu Abebe is bidding farewell to Coca-Cola Beverages Africa, Uganda, leaving behind a legacy of remarkable growth and success. During his tenure as Managing Director, the company experienced unprecedented expansion, with sales revenue growing…