Government has taken a decisive step toward digital sovereignty with the launch of the National IP Peering Exchange. The platform is expected to reduce internet costs, improve speeds, and keep...
The Public Relations Association of Uganda (PRAU) has successfully held its 50th Annual General Meeting (AGM), marking a significant milestone in its journey of advancing public relations excellence in Uganda....
By Ankit Jangla, Bruno Kalibbala and Bruno Edwin Amanya The Excise Duty (Amendment) Bill, 2026 introduces a series of revisions to the rates applicable to various excisable goods and services....
By Ankit Jangla, Bruno Kalibbala and Bruno Edwin Amanya The Ugandan tax landscape is on the brink of a significant transformation. With the tabling of the Income Tax (Amendment) Bill,...
By Philip Karugaba and Shaidu Mafabi As Ugandan Advocates, we have watched with a mixture of admiration and envy as our Kenyan neighbours conduct their judicial appointment processes in the...
Stanbic Bank Uganda won the award for Best Client Service Bank 2024 during a high-profile gala event during a recently hosted by the Uganda Revenue Authority (URA) in Kampala. The country’s largest financial institution and the anchor subsidiary of Stanbic Uganda Holdings Limited, was also the recipient of the ‘Innovation Award’, specifically for the impact of the FlexiPay digital platform….
To better fulfil its corporate purpose of transforming lives and businesses, dfcu Bank has hired Margaret Karume as its Chief Credit Officer. Margaret is a seasoned banker with over 30…
Bob-Paul Lusembo has been appointed as BRAC Uganda Bank’s Head of Business Growth, effective May 2024. Mr. Lusembo who describes himself as an “ambitious and seasoned sales professional with the…
Moody’s Ratings (Moody’s) one of the global leaders in credit ratings for companies, governments has downgraded the Government of Uganda’s long-term foreign-currency and local-currency issuer ratings to B3 from B2…
Members of the Uganda Bankers’ Association (UBA) held their annual general meeting on the 17th May 2024 and elected Mr. Julius Kakeeto, as the Association’s new Chairman. He replaces Ms….
Britam Uganda is set to transform the insurance and financial services landscape with the introduction of “My Britam,” a suite of self-service portals. The initiative was launched this week under the campaign titled ‘Take Control,’ which is designed to empower clients and partners to manage their insurance and investments independently and efficiently. Britam’s insurance portals empowers clients and its partners…
Uganda, the Pearl of Africa’s credentials as a competitive destination for Meetings, Incentives, Conferences and Exhibitions (MICE) recently received a big boost, with the addition of the state-of-the-art and built-for-purpose…
Mr. Mike Ogbalu III, Chief Executive Officer of the Pan African Payment and Settlement System has revealed that the payment system is making rapid progress and is fully operational in thirteen African Central Banks, and is connected to over 115 commercial banks, including ten payment switches across Africa. Another 115 commercial banks are in the pipeline for connection. “The time…
The African Development Bank Group has pledged USD 2 billion over 10 years towards clean cooking solutions in Africa—a major step along the road to saving the lives of 600,000 Africans mainly women and children each year. Speaking at a landmark summit on Clean Cooking in Africa held yesterday in Paris, the Bank Group’s President Dr Akinwumi Adesina, said the…
Absa Group has marked a historic milestone with the official launch of a non-banking subsidiary in the People’s Republic of China, fortifying the vital economic bridge between Africa and China. The Absa office in China will operate under a wholly foreign-owned enterprise license which permits the financial institution to provide general advisory services to clients based in China for concluding…