Uganda Airlines, the country’s flagship carrier and one of the government’s most ambitious public investments in recent years, has been placed under formal investigation by the State House Anti-Corruption Unit…
Ugandans will access Starlink-powered satellite internet only through licensed local telecommunications operators and not through a direct consumer launch, the Uganda Communications Commission (UCC) has ruled. In a detailed clarification…
For all its vast infrastructure and apparent complexity, the internet can be switched off with startling ease. During Uganda’s 2021 general elections, this reality became clear when authorities imposed a…
For years, Uganda’s digital lending sector has expanded at breathtaking speed, but without the underlying visibility required to support responsible growth. Borrowers have increasingly turned to mobile money as their...
As Uganda’s insurance industry heads into 2026, it finds itself at a crossroads. Premiums are rising, claims are being paid at record levels, new players are entering the market, and…
The Ministry of Energy and Mineral Development has tightened control over Uganda’s gold trade, unfolding against a backdrop of record-breaking export earnings, a planned entry of the central bank into domestic gold buying, and persistent concerns over transparency and conflict-linked supply chains. The Energy Ministry today issued a detailed public notice restricting gold trade to licensed players. Under the new directive, trading in gold may only take place between holders of valid mineral dealers’ licences for precious metals, gold mining licences, or refining licences, as provided for under the Mining and Minerals Act, 2022. The notice, issued through the Ministry’s…
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Mobile money agents are the engine of Uganda’s everyday economy, and this is most visible on weekends. From Friday evening through Sunday, transaction volumes surge as customers trade, pay, and move money. The dfcu Weekend Agent Float Loan was designed with one clear purpose: to ensure agents never lose business simply because they have run out of float when demand is highest. Douglas Nidoi, Ecosystems Manager at dfcu Bank, answers some of the most frequently asked questions about the product. Q: What is the dfcu Weekend Agent Float Loan? A: The dfcu Weekend Agent Float Loan is a short-term, fully…
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Asahi Group Holdings, the Japanese brewing and beverages giant, has picked Absa Bank Kenya PLC, ENS Africa, A&O Shearman and Nomura Holdings to advise on its USD 2.3 billion acquisition of a 65% controlling stake in East African Breweries Plc (EABL) from Diageo Plc, a transaction that ranks among the largest consumer-sector deals ever executed in East Africa. The advisory line-up brings together regional execution strength and global deal expertise. Absa Bank Kenya PLC is acting as financial adviser alongside Nomura, the Japan-headquartered investment bank, while ENS Africa and A&O Shearman, the London-headquartered global law firm, are providing legal counsel….
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East African Breweries Limited (EABL), one of East Africa’s most influential consumer goods companies, is entering a new era. This comes after its majority shareholder, Diageo, agreed to sell its entire 65% stake to Japan’s Asahi Group Holdings. The transaction was disclosed through a statutory public announcement and an accompanying EABL press release. It is among the region’s most significant cross-border investments in the beverages sector. This deal will see a major Japanese brewer take control of a leading African alcohol business. Who is buying and who is selling The seller is Diageo, the global beverages group behind brands such…
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Jubilee Life Insurance’s Marketing and Communications Manager on clarity, courage, resilience, and redefining success beyond busyness. In the tricky world of insurance, where reputation is fragile and every message carries weight, marketing is not about noise. It is about meaning. Few professionals understand this better than Camila Mindru, Marketing and Communications Manager at Jubilee Life Insurance. Her career has unfolded in a sector shaped by regulation, competition, evolving customer expectations, and constant pressure to deliver results, quickly and visibly. Yet, over time, Camila has learned that the most powerful impact does not come from doing everything but from doing the…
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Have you ever wondered what truly distinguishes a successful CEO from the rest? Beyond titles, corner offices, and headline results, what habits sustain leaders at the very top? That is especially in environments marked by volatility, regulation, rapid technological change, and heightened stakeholder scrutiny. In Uganda’s evolving business landscape, chief executives are leading institutions that carry enormous economic, social, and national significance. From telecommunications and banking to insurance, capital markets, energy, real estate, and pharmaceutical manufacturing, these leaders operate at the intersection of people, capital, and long-term responsibility. Their decisions ripple far beyond balance sheets, shaping livelihoods, markets, and public…
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Airtel Africa on Tuesday announced an agreement with SpaceX to introduce Starlink Direct-to-Cell satellite connectivity across all its 14 markets that serve 174 million customers. Through this partnership, Airtel Africa customers with compatible smartphones in regions without terrestrial coverage can have network connectivity through Starlink, which is the world’s largest 4G connectivity provider (by geographic reach). The satellite-to-mobile service will begin in 2026 with data for select applications and text messaging. This agreement also includes support for Starlink’s first broadband Direct to Cell system, with next-generation satellites that will be capable of providing high-speed connectivity to smartphones with 20x improved data speed. The…
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Stanbic Bank’s Head of Personal Banking, Israel Arinaitwe, often returns to a lesson Adam Smith captured in The Wealth of Nations: economic progress depends on a society’s stock of capital. To him, it’s not just a theory—it’s a mindset Ugandans can adopt to improve their lives today and strengthen the future for generations to come. In an interview with the CEO East Africa Magazine, Israel frames that idea through Stanbic Bank’s latest brand campaign, Keep Growing. He describes it as more than a slogan, rather, a national call to action aligned to the bank’s purpose. “At Stanbic, we say, Uganda…
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Centenary Bank has donated 10 computers to Our Lady of Consolata-Kisubi Hospital in a move aimed at strengthening digital health systems, improving patient record management and enhancing the overall quality of healthcare service delivery at the facility. The computers were officially handed over by the Managing Director of Centenary Bank, Mr. Fabian Kasi at the hospital premises and witnessed by the management and staff of Kisubi Hospital, representatives from Centenary Bank and other invited guests. Speaking at the handover, Mr. Kasi reaffirmed Centenary Bank’s commitment to supporting communities through targeted investments that address real societal needs particularly in health, education…
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Uganda’s business and leadership elite convened on Sunday, December 14th, afternoon for an intimate and highly curated Johnnie Walker Blue Club experience, hosted by renowned businessman and philanthropist Bob Kabonero at his private residence in Kololo. Synonymous with prestige and refinement, the Johnnie Walker Blue Club is an invitation-only platform that brings together distinguished leaders to connect, converse, and celebrate excellence over the world’s most exceptional Scotch whisky. Sunday’s gathering marked the final Blue Club experience of the year, offering members a fitting close to 2025. An Invitation-Only Gathering of Influence The guest list reflected the stature of the occasion….
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