News & Analysis

UBL’S Elizabeth Mutamuliza Appointed as Marketing Manager – Beer

Brian EmorutCompany NewsNews & AnalysisSponsored ContentMarch 20, 2025March 20, 2025

Uganda Breweries Limited (UBL) has confirmed the appointment of Elizabeth Mutamuliza as the Marketing Manager—Beer, a role in which she will oversee the strategic growth and execution of UBL’s entire…

Uganda Airlines launches new route to London amidst questions on profitability

CEO East Africa MagazineCompany NewsEast AfricaGlobal NewsNews & AnalysisThe Big StoryMarch 20, 2025March 20, 2025

Uganda Airlines has officially launched direct flights to London, United Kingdom. The airline will fly four times a week using the Airbus A330-800neo.  Ms Jennifer Bamuturaki, the Uganda Airlines CEO…

UEDCL absorbs 90 percent of Umeme staff, seeks more UGX 1.3 trillion to stabilise power sector 

Paul MurungiCompany NewsEast AfricaNews & AnalysisThe Big StoryMarch 19, 2025March 20, 2025

The Uganda Electricity Distribution Company Limited (UEDCL) has absorbed an estimated 2,200 of Umeme staff, out of the 2,400 staff that the private power distributor holds currently.  UEDCL Managing Director,…

Gov’t turns to Absa Bank for UGX 183 billion loan to fund UEDCL’s takeover from Umeme

Paul MurungiBanking & Financial ServicesNews & AnalysisThe Big StoryMarch 19, 2025March 19, 2025

Government, through Ministry of Finance is seeking about $ 50 million (UGX 183 billion) from Absa Bank as capital investment into the Uganda Electricity Distribution Company Limited (UEDCL) to fully…

CONFIRMED: MTN to complete separation of Fintech unit from listed business before June 

Paul MurungiGlobal NewsNews & AnalysisThe Big StoryMarch 18, 2025March 20, 2025

MTN is expected to complete the separation of its financial technology (Fintech) business from its listed company under MTN Uganda in the first half of this year.  The separation, which…

Bank of Uganda starts regulating big Saccos 

Paul MurungiBanking & Financial ServicesNews & AnalysisThe Big StoryMarch 17, 2025March 17, 2025

Bank of Uganda has started the implementation of regulation of substantially well capitalised Savings and Credit Cooperative Societies (Saccos).  The move, which starts with the issuance of an MDI licence…

Key Business Takeaways from the Ruling in Vantage Mezzanine Fund II Partnership v & 5 Others (2025).

Muhereza KyamuteteraCompany NewsNews & AnalysisMarch 17, 2025March 17, 2025

This ruling presents several important themes relevant to business, finance, and corporate governance. Here are the key takeaways: 1. The Case Revolved Around a High-Stakes Financial Dispute 2. The Issue…

Ireland’s Minister of State Neale Richmond Reaffirms Support for Trade Modernisation at Dar es Salaam Port.

Brian EmorutCompany NewsNews & AnalysisSponsored ContentMarch 15, 2025March 15, 2025

Ireland’s Minister of State for International Development and the Diaspora, Honourable Neale Richmond, toured the Port of Dar es Salaam today reinforcing Ireland’s commitment to strengthening Tanzania’s trade infrastructure and…

UNBS hires three Japanese companies to inspect used motor vehicles

Paul MurungiCompany NewsEast AfricaNews & AnalysisThe Big StoryMarch 14, 2025March 14, 2025

 The Uganda National Bureau of Standards has contracted inspection services of three international firms to provide Pre-Export Verification of Conformity (PVOC) for used motor vehicles, and other related equipment for…

It’s Been an Honour of a Lifetime to Serve Uganda—UTB’s Lilly Ajarova Pens Farewell Message

Brian EmorutHospitality & TourismNews & AnalysisMarch 12, 2025March 12, 2025

After six transformative years at the helm of the Uganda Tourism Board (UTB), Lilly Ajarova has penned a heartfelt farewell message, reflecting on her remarkable journey since taking office on…