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    Jeff Winters

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    After Some Pushback, Will MTN Shareholders Today Approve Separation of Mobile Money? 

    Jeff WintersBanking & Financial ServicesThe Big StoryJuly 22, 2025July 22, 2025

    MTN shareholders will today vote on a matter that has tested investor confidence and drawn due attention on one of Uganda’s most profitable companies for almost two months now.   The…

    Ajay Kumar Pal has engineered a remarkable comeback of the now rebranded Quality Chemicals Limited, which, about three years ago, could have been very difficult to think about. Quality Chemicals’ fortunes had decelerated, with both earnings and stock trading falling to historical lows.

    From Red to Resurgence: How Kumar has Engineered Quality Chemical’s Turnaround

    Jeff WintersBusiness & MarketsThe Big StoryJuly 18, 2025July 21, 2025

    In 2021, Ajay Kumar Pal became CEO of Cipla Quality Chemicals, now QCIL. He displayed a calm resolve of someone used to pressure. He wasn’t just walking into a leadership…

    Qcil’s profits jumps 22 percent to Shs40.7 billion on steady sales and smart pricing

    Jeff WintersNews & AnalysisSponsored ContentJuly 18, 2025July 18, 2025

    As the pharmaceutical world recovers from the Covid-19 pandemic, Uganda’s Quality Chemical Industries Limited (Qcil) is proving that consistency drives long-term success. For the financial year ending March 2025, Qcil…

    Through Vehicle & Asset Financing, dfcu is doing more than writing loans. It’s funding tractors in Lira, refrigerated fish trucks bound for Entebbe, electric bodas navigating Kampala’s congestion, and hundreds of income-generating tools across Uganda.

    The Machines That Make Money: How dfcu is Rewiring Uganda’s Productive Economy

    Jeff WintersBanking & Financial ServicesCompany NewsJuly 16, 2025July 16, 2025

    Over the last three years, Uganda’s economy has shifted from a slow recovery to fast-paced growth. At the heart of this transformation is capital: not just in the form of…

    dfcu Group chairman Jimmy D Mugerwa says the 2024 strong operational and financial performance has laid a foundation for for the Group to remain competitive in the market.

    dfcu’s Quiet Comeback: Profit Surges, Wounds Heal, and Strategy Crystallizes

    Jeff WintersBanking & Financial ServicesJuly 15, 2025July 15, 2025

    In a financial world increasingly shaped by agile Fintechs and digital-first lenders, dfcu is something of an old soul. At 60 years old, it carries the legacy—and the burden—of being…

    Standard Chartered Bank: Boldly unleashing the full potential of youths, women and SMEs in Uganda amidst a global crisis

    Jeff WintersBusiness & MarketsCompany NewsNews & AnalysisApril 14, 2023April 14, 2023

    According to the Economic Policy Research Centre (EPRC), Uganda’s leading think tank on economics and development policy-oriented research and analysis, 425,000 jobs were lost amongst Micro, Small and Medium Enterprises…

    Tax Appeals Tribunal sets aside UGX4.6 bn tax bill against Kansai Plascon 

    Jeff WintersLegal & JusticeNews & AnalysisThe Big StoryApril 14, 2023April 14, 2023

    The Tax Appeals Tribunal, sitting in Kampala has set aside a UGX4.6 billion import duty assessment against paint makers, Kansai Plascon Uganda. The company dragged the Uganda Revenue Authority (URA)…

    Ugandan Parliament approves UGX49.98 trillion 2023/24 budget proposals

    Jeff WintersNews & AnalysisPolitics & GovermentThe Big StoryFebruary 3, 2023February 3, 2023

    The Ugandan Parliament on 31 January 2023 passed the Budget Framework Paper with proposals of to spend UGX49.98 trillion (USD13.6 billion) for the financial year 2023/2024. The passing of the…

    I&M Bank Uganda opens first-of-its-kind banking channel at Kingdom Kampala Building

    Jeff WintersBanking & Financial ServicesBusiness & MarketsCompany NewsNews & AnalysisThe Big StoryJanuary 18, 2023January 18, 2023

    The one-of-a-kind Kingdom Kampala Branch will host the bank’s affluent banking brand known as I&M Select Banking, as well as a Corporate Banking Centre, 24-hour ATM and the soon-to-be-launched 24/7…

    1,935,307 CUSTOMERS AND UGX3.6 TRILLION IN ASSETS: The tale of Fr. Mapeera, a French missionary and Centenary Bank, Uganda’s second-largest bank

    Jeff WintersThe Big StoryJuly 5, 2020July 5, 2020

    At ten minutes past 1:00pm on the 12th of May 1890, Reverend Father Siméon Lourdel breathed his last, aged just 37 years. Fr. Lourdel and Amans Delmas, an auxiliary brother who…

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    Latest Stories

    • MTN Group refreshes board with five new directors
      by Kisakye Imani
      March 29, 2026
    • Diamond Trust Bank Exits Burundi Market, Sells Subsidiary to Local Investors
      by Paul Murungi
      March 29, 2026
    • Some of the children supported by the Uganda Child Cancer Foundation pose in the 2026 Childhood Cancer Colour Run kit, embodying the resilience and hope driving this year’s campaign.
      Behind Every Step, A Child’s Story: Why Uganda Must Show Up for the 2026 Childhood Cancer Colour Run
      by Muhereza Kyamutetera
      March 28, 2026
    • Pearl Bank Donates Motorcycles to Help Church of Uganda Inspect Remote Schools
      by Paul Murungi
      March 27, 2026
    • Government plans to reduce the vehicle import age limit to 13 years and increase environmental levies on older vehicles to cut emissions, save foreign exchange, and boost revenue in the 2026/27 financial year.
      Govt Moves to Ban Importation of Cars Older Than 13 Years
      by Jeff Winters
      March 27, 2026
    • She Chose Humanity: How Miriam Opwonya Laker-Oketta Is Redefining Leadership through Dignity and Compassion
      by Kisakye Imani
      March 27, 2026
    • Under the new proposal, promoters will be required to deduct 6% and 15% withholding tax from payments to local and international artists, respectively, as government moves to tighten compliance in Uganda’s informal entertainment sector starting 2026/27.
      Promoters Will be Required to Withhold 6% or 15% on Payments Made to Artists in New Tax Measures
      by Jeff Winters
      March 27, 2026
    • OPINION: It’s Not Just More Work—Boardroom Leadership Has Become a Different Kind of Job
      by Guest Writer
      March 27, 2026
    • Ramathan Ggoobi is steering Uganda toward a new fiscal era, pairing fresh taxes with aggressive enforcement to raise nearly UGX 4.8 trillion. His strategy signals a shift from policy to compliance, betting that smarter collection, not just higher taxes, will unlock revenue and reshape how the country funds its development ambitions.
      Inside Ramathan Ggoobi’s Plan to Raise UGX 2.3 Trillion in New Taxes and UGX 2.54 Trillion Through Enforcement
      by Jeff Winters
      March 26, 2026
    • UNOC Calls for Stronger QHSSE Standards as Sector advances to Oil Production
      by Brian Emorut
      March 26, 2026

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