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Xeno Profit Surge Signals New Chapter for Uganda’s Unit Trust Industry

Xeno's profit jumped 44% to UGX 11.4 billion in 2025. Here's what that says about Uganda's booming unit trust industry, and why everyday savers are driving it. Read More
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June 26, 2026
NCBA Bank, MAT Abacus To Boost Local Enterprises Through Focused Training

The partnership with a top business trainin institution reinforces NCBA Bank’s broader commitment to supporting enterprise development by empowering entrepreneurs with both capital and capacity building. Read More
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June 25, 2026
Relief as Crude Oil Prices Slump After Straight of Homuz Re-opening

The numbers tell a refreshing story. Brent crude, which scaled the terrifying heights of $120 per barrel in April 2026, is now trading at $72. In a matter of weeks, global oil markets have undergone one of their most dramatic reversals in recent memory. The catalyst is the Strait of Hormuz. For months, this narrow…
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June 25, 2026
MTN Uganda Remits UGX 54.27 Billion to Support Digital Inclusion

As Prisca Baike reports, this year's contribution reflects a steady increase in MTN Uganda’s annual statutory payments, rising by 33.5% in four years. Read More
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June 23, 2026
KCB Bank Rolls Out UGX500 Mn Agribusinesses Financing Package

As Pedson Mumbere reports, the bank's latest intervention positions the lender to capitalize on growing demand for agricultural and SME financing while supporting sectors critical to the country’s long-term economic growth and export ambitions Read More
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June 23, 2026
Are Africa’s TV Wars Now Moving to the App Store?

Canal+'s decision to have the DStv Stream app pre-installed on all new Samsung Smart TVs across 18 African markets signals the beginning of the end for the satellite dish as the default gateway to premium television content. Read More
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June 23, 2026

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