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…
Over the past four years, Afreximbank has approved over $813 million in financing for Uganda’s public and private sectors, with a pipeline in exceeding US$ 1 billion in pending approvals The quest to broaden the scope of interventions by 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…
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…
Uganda Airlines, the national carrier, has announced plans to launch flights to Gatwick Airport in London, UK. However, the airline’s financial health raises concerns about its readiness for this ambitious venture. According to a report by the Auditor General, Edward…
As the world grapples with the challenges of climate change, energy security, and sustainable development, the role of petroleum resources in the energy mix has become increasingly important. That is the overriding theme at the 11th East African Petroleum Conference…
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…
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.…
In a bid to promote sustainable development and reduce reliance on fossil fuels, Housing Finance Bank and the Uganda Energy Credit Capitalisation Company (UECCC) have launched a renewable energy loan program for Small and Medium Enterprises (SMEs) in Uganda. The…
Mumba Kenneth Kalifungwa has officially assumed the role of Chief Executive at Stanbic Bank Uganda, the nation’s largest lender by assets, revenue, and deposits. His appointment was first announced in December of last year. “I am delighted to join Stanbic…
In a significant move to enhance Uganda’s agricultural sector, the Uganda National Bureau of Standards (UNBS) has signed a USD 1.5 million (over Shs5.5 billion) partnership agreement with Trade Mark Africa. This collaboration aims to promote standardization and export of…
Okere City in Otuke District, North Eastern Uganda, is home to several hundred young girls and boys who face a major challenge that hinders their educational aspirations. Ageno Rwot Flavia, a 13-year-old primary six pupil at Okere Community School, has…
In a groundbreaking partnership, Uganda Airlines and Absa Bank have teamed up to support the education and empowerment of the girl child in Uganda. The collaboration is centered around the 3rd Absa KH3-7 Hills Run, scheduled to take place on…
The Petroleum Authority of Uganda (PAU) has revealed the detailed commercial structure of the East African Crude Oil Pipeline (EACOP), a joint project between Uganda and Tanzania. This breakdown aims to provide transparency and clarity for Ugandans, investors, and stakeholders…
Amatheon Agri Uganda Ltd. (AAU), a subsidiary of the Euronext-listed Amatheon Agri Holding N.V., has successfully restructured its EUR 20,000,000 convertible bonds and converted EUR 18.66 million in shareholder loans into equity, signaling a robust move to enhance its financial…