A significant diplomatic and financial fallout is unfolding between Uganda and Germany following the abrupt recall of crucial funding agreements with the German Development Cooperation (GIZ). Two pivotal government agencies, the National Planning Authority (NPA) and the Office of the…
The rapid growth of Uganda’s digital economy, largely fueled by mobile money services, faces a critical threat: financial fraud. Recognising that the entire foundation of financial inclusion rests on consumer trust, MTN MoMo, under the leadership of Mr. Richard Yego…
Uganda is reaffirming its commitment to leveraging cutting-edge digital innovation to drive its national development agenda. This was the central message delivered by the State Minister for National Guidance, Hon. Godfrey Kabbyanga, who attended the influential Mobile World Congress (MWC)…
Stanbic Bank Uganda and PostBank Uganda Limited (soon to be Pearl Bank Uganda) have announced a strategic partnership to link their respective mobile wallet platforms, FlexiPay and Wendi Wallet, a significant move that signals a new direction for Uganda’s financial services…
In a groundbreaking partnership that redefines financial inclusion, Pride Bank Limited Uganda and Jubilee Health Insurance Company of Uganda have launched PrideCare, a savings account with embedded health insurance cover. This strategic collaboration, announced on Wednesday this week by the…
When an organisation operates smoothly, when decisions are timely and well-informed, and when trust flows naturally between leaders and stakeholders, few stop to think about why. Yet beneath that calm lies a web of discipline; the systems of accountability, ethics,…
Spiro, the leading two-wheel electric mobility in Africa, has cemented its position at the forefront of the continent’s clean energy transition by announcing a landmark $100 million (about Shs348.7 Bn) investment round from Afreximbank. This funding, the largest ever for…
A dark shadow of disease control is being cast over livestock farmers in Western Uganda ahead of this year’s festive season following an outbreak of anthrax in the region. The Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) has activated…
The announcement that Coca-Cola HBC (CCH) is acquiring a controlling 75% stake in Coca-Cola Beverages Africa (CCBA) for $2.6 billion (about Shs9.4 trillion) is more than just a massive transaction; it’s a definitive move that fundamentally re-engineers the competitive landscape…
Uganda’s financial sector is taking a decisive stand against the escalating threat of economic crime, recognising that the battle must be fought on two separate fronts: the enduring challenges of traditional fraud and the rapidly evolving complexities of the digital…
The East African Capital Markets Conference (EACMC 2025), held in Kampala this week, concluded with a powerful consensus: the future of the region’s finance lies in the strategic embrace of Digital Transformation and Sustainable Finance. The gathering of regulators, policymakers,…
The Ministry of Energy and Mineral Development (MEMD) has taken a decisive leap toward realising Uganda’s ambitious clean energy goals with the official launch of the Clean Cooking Unit (CCU). Unveiled during the high-profile Renewable Energy Conference 2025 (REC25) and…
NIC Holdings Limited, a listed company on the Uganda Securities Exchange (USE) under the leadership of Elias Edu as Managing Director, has delivered a sharp warning to its investors, announcing an expected consolidated net loss for the half-year period ended…
The Ministry of Energy and Mineral Development (MEMD) on Monday announced the conclusion of its Sustainable Energy Development Programme Performance Review, a pivotal platform used to finalise plans for the National Budget for Fiscal Year 2026 The review, spearheaded by…
Uganda is set to transform its climate challenges into massive investment opportunities, an agenda driven by the recent introduction of the nation’s green taxonomy. This was the central theme of the opening panel at the Green Finance Dialogue Forum 2025,…