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...
The construction of the epic Speke Resort Convention Centre in Munyonyo, on the shores of Lake Victoria is on schedule and should be completed by November 2023, Ruparelia Group the…
Uganda’s National Environmental Management Authority (NEMA) has spoken out, clearing the air about the ongoing works at the Speke Resort Munyonyo. The environmental watch has clarified that the ongoing works…
In November 2021, Nigerian startup, Treepz, raised a $2.8m seed round. It quickly expanded to Uganda, acquiring local bus ticketing startup UgaBus. UgaBus enabled passengers to book bus tickets online…
Western Uganda is richly ornamented with various tourist attractions— both natural and manmade, often astride each other. One such jewel is Jacana Safari Lodge on the fringes of Imaramagambo Forest…
SOURCE OF WEALTH: Manufacturing (plastics & packaging) and real estate. ESTIMATED WEALTH: UGX120+ billion Except for being a member of Kwagalana Group, an association of self-made billionaires in Kampala, Hajj…
Many a time people who do not travel tend not to understand people like us who suffer from wanderlust- that strong and insatiable desire to travel. Well, sometimes, we too…
In 2022, Ugandan startups raised $70 million according to Africa: The Big Deal data. One of the standout deals that year was raised by Rocket Health, a telemedicine startup that…
Standard Chartered (the Bank) and Access Bank Plc (Access) have today, July 14th entered into agreements for the sale of Standard Chartered’s shareholding in its subsidiaries in Angola, Cameroon, The…
Ruparelia Group, through Meera Investments Limited, its property development arm has commenced the construction of One-10 Apartments, its one-of-a-kind luxury for-sale homes project in Kololo, an upscale neighbourhood in Kampala,…
2022 was a good year for startups in Uganda. Startups here raised $70m across that year according to Africa: The Big Deal data. Some of the standout deals that year…