By Joshua Mawerere The recent announcement of the partnership between NCBA Bank Kenya and Motif Di Don to introduce ELEV8 Live – a platform to discover, mentor and scale new…
The Dar es Salaam Stock Exchange (DSE) has posted another quarter of solid financial performance, signaling strong operational resilience and investor confidence amid a tightening regional economic environment. For the…
From Kahuma’s corruption probes to Ebiru’s bribery confession and Kasigwa’s contested leadership, the Uganda National Bureau of Standards (UNBS) has spent more time battling itself than enforcing quality. For over…
Customer complaints in the insurance sector have more than doubled in just three years, from under 150 to over 350. But to Chief Executive Officer Ibrahim Kaddunabbi Lubega, this isn’t…
Less than a year after Standard Chartered Bank announced plans to exit its Wealth and Retail Business (WRB) segment as part of a global restructuring strategy, the long-anticipated transaction has now materialized. Absa, just like many had projected, has stepped in as the acquirer, with the deal formally announced on 24 October, expected to transfer all Standard Chartered’s WRB clients, assets, and employees to Absa. It is one of the most significant realignments in Uganda’s banking sector in recent years, following Standard Chartered’s November 2024 declaration of intent to divest from retail operations to focus on its Corporate and Investment…
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In a ruling that reinforces Ugandan courts’ discretion to retain jurisdiction over disputes relating to alleged illegality, Justice Patience Rubagumya of the Commercial Division of the High Court declined to…
“Leadership is more than a title, it’s a trait,” is a statement we often echo in boardrooms and across digital platforms, yet few truly grasp the depth of its meaning. In the corporate world, where upward momentum, promotions, recognition, and titles are often glorified, we overlook the most profound truth and aspect that the most profound leaders are born and grow from moments of stillness in designations often overlooked. Through both professional bold steps and inevitable missteps, I learned that leadership isn’t tested in moments of glory, but in the quiet, often painful resilience of building and rebuilding. It is…
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Uganda wants to double its tourism revenues, raise annual visitor arrivals to 1.9 million by 2026, and grow the sector’s contribution to GDP to 10% by 2040. But beneath these…
If the long-rumored Stanbic–NCBA merger or buyout becomes reality, NCBA shareholders could emerge as the biggest winners in East Africa’s next major banking shake-up. The market already seems to agree. When news of a possible deal surfaced this week, NCBA’s market value jumped from about UGX 2.9 trillion to UGX 3.15 trillion in a single day, while its share price surged nearly 9%. Year-to-date, the stock has risen 56%, and over the past 12 months, it has gained nearly 78%, a clear sign that investors are betting on a major payout. Large takeovers typically come with a buyout premium of…
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The Executive Director of Uganda National Bureau of Standards (UNBS), Eng James Kasigwa, has been directed to take annual leave starting October 15, 2025, to pave the way for investigations into a series of allegations leveled against him. The allegations included insubordination, misconduct, impropriety, mismanagement, and corruption. The directive was issued by the Ministry of Trade in a letter dated October 7, 2025, signed by the Permanent Secretary and addressed to Eng. Kasigwa. The letter, which was received at the UNBS headquarters on October 13, 2025, instructs him to proceed on 30 working days of annual leave. “I write with…
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