Uganda’s decision to contract Citibank to mobilise funding for its Standard Gauge Railway (SGR) marks a significant turning point for a project that has faced years of delays, largely due...
Uganda is paying heavily to keep cash alive. Every year, trillions of shillings are absorbed into an economy still built around physical currency through the systems that print, transport, secure,...
When David Wandera officially stepped into the role of Managing Director of Absa Bank Uganda in May 2025, the appointment marked far more than a routine leadership transition—it signaled a...
As Uganda’s capital markets mark three decades of growth, the Capital Markets Authority (CMA) stands at a pivotal moment; transitioning from building foundational structures to driving transformative impact. Since its...
Airtel Africa is setting its sights firmly on Uganda as a key investment destination, with Group CEO Sunil Taldar signalling deeper capital deployment and continued technology rollouts in what he...
Despite a strong 16% growth in net sales in the first six months of EABL’s FY2024 (July -December 2023) compared to the same period in the prior year, East African…
Said Salim Awadh Bakhresa, one of the richest East Africans, dropped out of school at the age of 14 to become a potato mix salesperson. His proper business journey did…
Uganda’s President, Yoweri Kaguta Museveni has commended the Uganda People’s Defence Forces (UPDF) Engineering Brigade and billionaire businessman, Dr. Sudhir Ruparelia for demonstrating enhanced local capacity in construction by finishing…
Uganda has just successfully hosted the 19th Non-Aligned Movement (NAM) Summit and the Third South Summit of the G77 and China, at the 3,800 seater Speke Resort Convention Centre. A…
In the realm of technology, each year brings a new wave of innovations and trends that captivate the market and shape the digital landscape. The year 2023 was no exception,…
Whenever the term economic transformation is bandied about, the key players in this effort that we normally think about are government technocrats, politicians and the private sector. Rarely do we…
Bank of Uganda, Uganda’s central bank, on January 19th, 2024 placed EFC Uganda Limited under liquidation, revoked its license, and ordered the winding up of its affairs. This in effect…
At 15 years of age when most young people’s idea of having fun is clubbing, Ashish J. Thakkar, decided to start an IT company. In numerous media interviews Thakkar has…
The Insurance Regulatory Authority (IRA) has just released its Q3 2023 performance report for among others, insurance brokers, showing that Clarkson Insurance Brokers (U) Ltd is yet again ahead of…
Interest is defined by the Oxford Dictionary as money paid regularly at a particular rate for the use of money lent or for delaying the repayment of a debt. Interest…
