Buyende nuclear power production set for 2031
Uganda is accelerating its journey toward nuclear energy, with the government announcing plans to commission the first 1,000 megawatts (MW) from the Buyende…
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Govt, MTN moot ambitious digital inclusion agenda
It’s not often that you find a room packed to capacity with the country’s top brains in the information, communication and technology (ICT) sector, and more so…
World Bank boosts farmers with $350m climate project
The Ministry of Agriculture, Animal Industry and Fisheries (MAAIF), in partnership with the World Bank, is implementing the Uganda Climate Smart Agriculture…
EACOP claims 58% project works completion
The East African Crude Oil Pipeline (EACOP) project is going on according to schedule, with an official stating that the pipeline has now reached 58%…
UTB targets $50 bn tourism revenue by 2040
The Uganda Tourism Board (UTB), in collaboration with the Ministry of Tourism, Wildlife and Antiquities, has launched an ambitious five-year National…
UCC, telecoms join forces to end wire theft
The Uganda Communications Commission (UCC) has teamed up with MTN Uganda, Airtel Uganda, and ATC to launch a nationwide anti-vandalism campaign aimed at…
Central bank maintains key rate at 9.75%
The Monetary Policy Committee of the Bank of Uganda has decided to keep the Central Bank interest rate at 9.75% for May.
Central bank maintains key rate at 9.75%
The Monetary Policy Committee of the Bank of Uganda has decided to keep the Central Bank interest rate at 9.75% for May. The decision highlights the Central…
NCBA Bank reports UGX46 billion profit in 2024
NCBA Bank Uganda has announced a 40% increase in its profit before tax earnings, reaching UGX 46 billion in 2024.
President Museveni meets MTN top bosses at Entebbe
President Yoweri Museveni has held a high-level meeting with a delegation from MTN Group at State House Entebbe.
MTN subsidiary unveils railway internet cable
Bayobab Uganda, an MTN Group subsidiary, has unveiled its newest, shortest and fastest fibre optic route – from Malaba to Kampala, marking a significant…
I&M Bank sees UGX20 billion profit in 2024
I&M Bank Uganda has demonstrated impressive financial performance for the year ending December 31, 2024, with notable growth across all critical financial…
Judge acquits ThreeWays bosses over MTN’s UGX14 bn theft
In a ruling that has sent shivers through Uganda’s corporate and legal circles, Justice Lawrence Gidudu of the Anti-Corruption Court has acquitted two…
UGX6.7 trillion earned from coffee exports in 12 months
Uganda has recorded its highest-ever annual revenue from coffee exports, earning UGX6.7 trillion (US$1.84 billion) from 6.87 million 60-kilogram bags between…
Time to walk the talk about internet access
Last week, I revisited Uganda’s National Broadband Policy of 2018—and what I found was a compelling vision still waiting to be fully realised.
Mbuya organization gets $65m boost from MTN
MTN Uganda’s corporate social responsibility arm, MTN Foundation, has handed over a state-of-the-art computer lab to the Code Compass Foundation in Mbuya…
Finance Trust Bank profits surge to UGX10 billion
Finance Trust Bank (FTB) has demonstrated a compelling financial performance in 2024, reporting an exceptional 178% surge in after-tax profits, climbing to UGX…
Gov’t, bankers gang up to combat financial cybercrimes
The Uganda Bankers Association (UBA) has established the Financial Sector Anti-Fraud Consortium, a collaborative initiative designed to proactively address the…