In a significant move to promote sustainable finance and green growth, aBi Finance, headed by Mona Muguma Ssebuliba as the Chief Executive Officer, successfully conducted a nationwide Environmental, Social, and Governance (ESG) training series for Tier 4 financial institutions and…
The rope-pulling between the Government of Uganda and Umeme is not about to end; the latest twist in the saga is that Umeme now demands USD 292M (approximately Shs1,062,885,840,000) as the total claim for its buyout. It should be noted…
Stanbic Bank, through its business development initiative, the Stanbic Business Incubator, headed by Catherine A. Poran, as Chief Executive, has partnered with the German development agency GIZ to empower women investing in Green Agribusiness. The partnership, which is part of…
Jumia, Africa’s most ambitious e-commerce experiment, is at a crossroads because of the unstable African E-Commerce landscape. According to Farouk Mark Mukiibi, a Retail Brands Strategist and Marketer, following a major investor exit, where Baillie Gifford offloaded a USD18 million…
In a significant move to drive economic growth and empower manufacturers, the Uganda Manufacturers Association (UMA) and the Uganda Electricity Distribution Company Limited (UEDCL) have embarked on a collaborative effort to improve service delivery and support manufacturers in Uganda. On…
As Uganda prepares to celebrate Eid Adha on June 6, 2025, the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) has rolled out strict directives to ensure that meat sold across the country is safe for human consumption. The directives,…
The power of collaboration and innovation was resonant at the MTN MoMo API Innovations Workshop, which was held today at the Golden Tulip Hotel in Kampala. The event brought together developers, innovators, and industry experts to explore the potential of…
Dfcu Bank has taken a significant step towards driving economic growth and transformation in Uganda with the launch of the dfcu Foundation. The Foundation, which was first established in 2017 as the Agribusiness Development Centre, has transitioned into a full-fledged…
Uganda’s energy sector, just like most African countries, is poised for growth, and public-private partnerships (PPPs) are playing a crucial role in driving this development. However, according to Brian Tahinduka, Stanbic Bank’s Executive Head: Energy, Infrastructure and Mining, collaboration is the…
The Executive Director of the Petroleum Authority of Uganda (PAU), Mr. Ernest Rubondo, has been awarded the prestigious SPE Africa Regional Director Special Award for his exceptional contributions to the Society of Petroleum Engineers (SPE) and the advancement of the…
The African Development Bank Group has a new president, Dr. Sidi Ould Tah, who was elected by the Bank’s Board of Governors on May 29, 2025. Dr. Tah will assume office on September 1, 2025, for a five-year term, succeeding…
Uganda’s thriving dairy industry is celebrating a momentous breakthrough, poised for an extraordinary transformation following Algeria’s pivotal decision to import Ugandan milk. This landmark development signals a new chapter of prosperity and growth for a sector vital to the nation’s…
Proscovia Nabbanja, the Chief Executive Officer (CEO) of the Uganda National Oil Company (UNOC), has been recognised for her outstanding leadership and contributions to the energy sector. She has been awarded the African Woman in Energy Trailblazer Award at the…
A recent report by Euromonitor International and the Uganda Alcohol Industry Association (UAIA) has highlighted the alarming issue of illicit alcohol in Uganda, which now accounts for 67% of the country’s total alcohol consumption. This was revealed during the launch…
A Paris court held a crucial hearing this week in a campaigner’s bid for accountability from French energy multinational TotalEnergies over its contentious oil project in Uganda. The East African Crude Oil Pipeline (EACOP) project, which is under the leadership…