Company News

Private sector records jobless growth in September – Stanbic study

CEO ReporterBusiness & MarketsCompany NewsNews & AnalysisOctober 6, 2021October 7, 2021

Business sentiment in Uganda’s private sector remained positive but slow in September on account of new orders and higher output, according to the monthly Stanbic Bank Purchasing Managers Index (PMI)….

Experts react to MTN’s move to float 20% of its shares on USE

CEO ReporterCompany NewsThe Big StoryOctober 6, 2021October 6, 2021

Yesterday, MTN Uganda announced intention to proceed with an initial public offer (IPO) and subsequently list on the Uganda Securities Exchange (USE). The move follows the requisite approval by the…

East Africa Medical Vitals Pioneering Surgical Gloves manufacturing in Uganda, Africa

CK JaphethCompany NewsNews & AnalysisOctober 5, 2021October 24, 2023

East Africa Medical Vitals (EAMV), a regional medical supplies solution, has established a state-of-the-art manufacturing plant in Uganda. The manufacturer says the fact that public health facilities typically face shortages…

GREEN AGENDA: Umeme in environmental sustainability drive in Gulu City

CEO ReporterCompany NewsNews & AnalysisOctober 4, 2021October 4, 2021

In a bid to support the green agenda, Umeme in partnership with Gulu City have launched a tree planting drive aimed at promoting environmental sustainability and effects of climate change….

URSB, Stanbic Business Incubator to Support 500 SMEs Annually

CEO ReporterCompany NewsNews & AnalysisOctober 2, 2021October 2, 2021

The Uganda Registration Services Bureau (URSB) and the Stanbic Business Incubator (SBIL) have signed a Memorandum of Understanding (MoU) which will see 500 micro, medium and small enterprises (MSMEs) trained…

URA, Partners Donate 30-Seater Motorboat and Lifejackets to Enable Bwama Children Access School

CEO ReporterCompany NewsNews & AnalysisOctober 1, 2021October 2, 2021

Uganda Revenue Authority together with 27 partners have donated a motorboat to safely ferry pupils who ply the waters of Lake Bunyonyi to access education in Bwama Primary School, Kabale…

MultiChoice Uganda Announces 20% Price Cut on DStv Decoders

CEO ReporterCompany NewsNews & AnalysisSeptember 30, 2021September 30, 2021

MultiChoice Uganda, the home of great Pay TV entertainment has cut down the price of the DStv decoder by 20% from UGX 99,000 to UGX 79,000 for its customers. The…

Umeme invests UGX 17 billion to stabilise power supply in Gulu

CEO ReporterCompany NewsNews & AnalysisSeptember 30, 2021September 30, 2021

Power distributor, Umeme, has injected over UGX17 billion in the past three years to stabilize and create reliable power supply in Gulu City and surrounding areas, Umeme managing director told…

Entries Now Open for 3rd Cohort of ICPAU Scholarships

CEO ReporterCompany NewsNews & AnalysisSeptember 29, 2021September 29, 2021

The Institute of Certified Public Accountants of Uganda (ICPAU) is receiving applications for the third cohort of the Certified Public Accountants of Uganda (CPA-U) scholarships. According to the Institute, the…

United Bank for Africa Uganda appointed Primary Dealer Bank by BoU

CEO ReporterCompany NewsNews & AnalysisSeptember 29, 2021September 29, 2021

United Bank for Africa Uganda (UBA) has been appointed a Primary Dealer Bank by Bank of Uganda with effect from Friday October 1st, 2021. As a Primary Dealer Bank UBA…