Uganda’s journey to becoming an oil-producing nation is facing significant hurdles, with a report from the Auditor General (AG) Mr. Edward Okwakol, revealing critical delays and underfunding across major projects. According to the report, while the government had set a…
Centenary Bank is being hailed as the top-performing partner in the Generating Growth Opportunities and Productivity for Women Enterprises (GROW) project, a high-impact initiative aimed at empowering women entrepreneurs and underserved communities. During a high-level review meeting held on Thursday,…
A World Bank-funded project designed to empower women entrepreneurs across Uganda, popularly known as ‘GROW’, is facing significant challenges, with a new report revealing that a massive Shs41.22 billion in funding remains unspent. The Generating Growth Opportunities and Productivity for…
When Airtel Uganda, under the leadership of Soumendra Sahu as Managing Director, announced a 28.7% surge in Profit After Tax (PAT) to Shs197.2 billion for the first half of 2025, the headlines painted a picture of a company on the…
Uganda’s tourism sector is being reaffirmed as a top driver of the national economy. During the recent three-day 6th Bi-Annual Presidential CEO Retreat held in Fort Portal City, the Prime Minister, Rt. Hon. Robinah Nabbanja delivered a powerful message from…
Uganda is losing staggering amounts of revenue from its mineral wealth, with a new report from the Auditor General, Edward Okwakol, revealing a Shs11 trillion loss from black market gold exports. This massive financial haemorrhage is directly undermining the government’s…
In a significant display of progress since taking over from the private concessionaire Umeme Uganda Limited, the Uganda Electricity Distribution Company Limited (UEDCL) has added a remarkable 648,404 new connections to the national grid in just six months. This achievement,…
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…
The Ministry of Finance, Planning and Economic Development (MoFPED) is embarking on a new phase of its ambitious plan to transform the national economy. This was revealed today by Mr Kaggwa Moses, the Director of Economic Affairs, during a presser…
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…
Africa stands at a critical juncture, facing persistent global volatility while striving to unleash its full economic potential. This was the powerful message at the Regional Workshop on the “Accelerated Implementation of the Africa Continental Free Trade Area (AfCFTA) Agreement”…
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…
Mountains of the Moon University (MMU) on Monday, September 15, 2025, proudly hosted the Roots Africa Symposium, a pivotal event that united students, farmers, leaders, and stakeholders under the theme “Innovation and Community Transformation.” The symposium showcased a powerful model…