Pan-African payment technology company Cellulant has been granted a Payments Systems Operator license by Bank of Uganda in line with the National Payments System Act, 2020. The Act provides guidance…
Uganda Securities Exchange (USE) has rolled out a specialist market the ‘USE Edaala’, an unquoted securities platform aimed at enabling companies which do not meet the minimum listing requirements on…
Power utility company Umeme Limited has come out to reassure its investors about its business ongoings in Uganda. This follows media reports that the utility firm is set to exit…
By Glenn Gillis, CEO, Sea Monster “Half the money I spend on advertising is wasted; the trouble is I don’t know which half.” The famous saying by successful US merchant…
Power utility firm, Umeme has said that processes have been finalised to ensure that Kiruddu Hospital gets a dedicated power line. “Cable has been procured and delivered to stores, service…
TotalEnergies EP Uganda has signed a Solar project agreement with the Government of Uganda through the Ministry of Energy and Mineral Development for the possible deployment of 120 MW of…
The National Social Security Fund (NSSF) Managing Director Richard Byarugaba has been elected the African region representative to the International Social Security Association (ISSA) Bureau. The election was confirmed at…
The Uganda shilling reversed course and slightly strengthened as end month flows gave support amid subdued demand. The unit traded below the 3800 level for the first time in months….
Ugandan fintechs Chipper Cash, Tugende and Asaak have been named in the top 100 Most Funded African Startups in research compiled by Digest Africa, a Pan-African data and intelligence startup…
Members of Parliament have approved a request by the government to borrow $464 million (about UGX1.7 trillion) to finance infrastructure and development needs of the budget despite objection from the…
