The Bank of Namibia has announced the appointment of Mr Nicholas Mukasa as Deputy Governor, marking a significant step in strengthening the central bank’s leadership as it navigates an increasingly...
Shareholders of MTN Uganda have overwhelmingly endorsed Charles Mbire for another term as Board Chairman, reaffirming confidence in his leadership during the company’s Annual General Meeting (AGM) on Friday Morning. ...
At least UGX 3.5 trillion is currently locked in unresolved commercial disputes within Uganda’s court system—capital that cannot be reinvested, circulated, or deployed productively in the economy. That stark reality...
The High Court has removed a key legal hurdle standing in the way of one of East Africa’s largest corporate transactions, dismissing an application that sought to block Diageo’s planned...
Nigeria’s Zenith Bank Plc has acquired 100 percent shareholding of Kenya’s Paramount Bank Limited, marking a significant expansion of the West African lender into East Africa’s banking sector. The Central...
Uganda’s fourth quarter budget release for the 2025/26 financial year reveals a clear hierarchy of national priorities, with debt servicing, wages, and infrastructure emerging as the dominant beneficiaries of government…
The proposed tax changes for the 2026/27 financial year go well beyond routine amendments. Taken together, they point to a deliberate policy shift toward easing the cost of doing business,…
On the night of February 19, 2025, a fire swept through Sipi Falls Lodge, destroying cottages that had been financed through a loan facility from UGAFODE Microfinance. What had been…
The Ugandan government is considering a draft Protection of Sovereignty Bill 2026 (the “Bill”), which proposes sweeping restrictions on foreign influence over domestic policy, governance and public affairs. While the…
One year after the Uganda Electricity Distribution Company Limited (UEDCL) took over Uganda’s electricity distribution network from Umeme, Managing Director Paul Mwesigwa is emerging as the technocrat at the centre…
Uganda’s Commercial Court Division carries a burden that no amount of judicial efficiency can resolve alone. Currently, 623 cases involving banks are pending before the court, with the aggregate value…
It is within this context that I&M Group, through its subsidiaries in Kenya, Rwanda, Tanzania, and Uganda, has introduced I&M Brisk—a solution designed to make cross-border banking faster, simpler, and…
What once appeared to be a triumph of state intervention is now unraveling into one of Kenya’s most gripping governance crises. In the wake of the 2022 fuel shortages, marked…
Nation Media Group (NMG) Uganda has appointed Allan Chekwech as Acting General Manager – Editorial, stepping into the role following the retirement of a longtime newsroom veteran leader, Daniel Kalinaki….
From transport fares and household shopping to business operations, Uganda’s proposed tax changes for the Financial Year 2026/27 are likely to be felt in different ways across the economy, depending…