Inside MTN Uganda’s transition to a tech firm
MTN Uganda, like most telecom companies around the world, has recorded rapid transformation in its operations, customer experience and development of various products…
Latest news
The newest business, economic and financial stories from Uganda, East Africa and Africa.
Dubai COP28 endorses new declaration, but with no crude oil exit plan
A new draft for the final declaration of the UN Climate Change Conference in Dubai does not include the clear phase-out of coal, oil and gas demanded by many countries.
Stanbic Uganda Holdings Gets New Boss
Mr. Francis Karuhanga has been named the new Chief Executive Officer of Stanbic Holdings Uganda Ltd, replacing Andrew Mashanda, effective January 1, 2024.
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Private sector involvement in youth skilling could boost employment
Uganda has one of the youngest populations in the world, with 78 per cent of its citizens under the age of 30. Such a high number is an opportunity for the country’s…
New DTB, KACITA partnership to boost women enterprises
Diamond Trust Bank and the Kampala City Traders’ Association (KACITA) have entered a partnership aimed at boosting small businesses and entrenching Environmental, Social…
Capital Markets Authority Gets New Boss
Ms Josephine Ossiya has been appointed Chief Executive Officer of the Capital Markets Authority (CMA).
Anxiety As Donor Aid to Uganda Slumps
Declining donor aid means a higher tax burden on citizens and more foreign debt to bankroll notoriously high public expenditure. Concern is rising as donor cash…
Uganda Investment Authority Wins Global Award
Uganda, through its chief investment promotion agency, the Uganda Investment Authority, has won yet another prestigious award “the Investment Catalyst Award” in the 2023…
Uganda targets $4 billion in green investment deals at COP28 in Dubai
The Uganda Investment Authority (UIA) is participating in the 28th Conference of the Parties (COP 28) to the United Nations Framework Convention on Climate Change with…
Mbale Industrial Park Development Takes Off
The Uganda Investment Authority (UIA) has handed over the Mbale Industrial and Business Park site to China Railway Number 3 Group for the design and building of key…
President Museveni Directs on More Support to Investors
President Yoweri Museveni has tasked the Uganda Investment Authority (UIA) and the Ministry of Trade, Industry and Cooperatives to create mechanisms through which…
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Why Bitature Bailout is a Sensible Decision
Recent media reports that Government is considering to bailout business Patrick Bitature by acquiring Electromaxx, his thermal power generation company based in Tororo…
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From profit-centric to purpose-driven is the new norm for a sustainable business
Not too long ago, businesses had a singular obsession of making profits for their shareholders. The bottom line reigned supreme, and little else registered on the…
NCBA Bank Powers Singleton Golf Challenge Semi Final
The bank injected Shs.60 million in the event in which amateur golfers from Uganda and Rwanda took part
No more headache as NCBA Bank launches vehicle importation campaign
A car importer through World Navi to receive 80% financing from NCBA Bank, 2-months grace period, comprehensive insurance cover from ICEA Lion
Optimism as October coffee exports fetch $80 million
Ugandan coffee exports have continued to show a positive trend with the volume of coffee exported in October amounting to 470,000 sixty-kilogram bags, worth USD 79…
Protect Local Industries – Museveni
President Yoweri Kaguta Museveni has said that the government will continue protecting local manufacturers from unfair competition
Let Us Trade More in Finished Products – Museveni appeals to China
President Yoweri Kaguta Museveni has appealed to the government of the People’s Republic of China to open their market for finished goods.