South Africa’s Nedbank Group has unveiled plans to acquire approximately 66% of the issued ordinary share capital of Kenya’s NCBA Group. The move is set to hand the Johannesburg-listed lender...
Uganda’s two largest mobile network operators, Airtel Uganda and MTN Uganda, are estimated to have lost between UGX 22.8 billion and UGX 24 billion in data revenues following the four-day…
Frank Molla, Managing Director for Africa at payments giant MDP, is a strong believer that books are quiet mentors and companions that steer leaders toward depth, courage, and beautifully human…
East African Breweries Plc (EABL) has announced the resignation of its Chief Financial Officer and Executive Director, Risper Ohaga, marking a significant leadership transition at the regional brewing giant at…
The National Social Security Fund (NSSF) has appointed Kenneth Owera as its substantive Chief Investment Officer (CIO). He will steward the Fund’s UGX28 trillion investment portfolio with the target of...
President Yoweri Kaguta Museveni has appointed Lady Justice Aisha Naluzze Batala as the new Inspector General of Government (IGG), replacing Beti Kamya whose four-year tenure has come to an end. The appointment marks a significant shift in leadership at the Inspectorate of Government, although Kamya’s two deputies, Patricia Achan Okiria and Anne Twinomugisha Muhairwe, have retained their positions. Early Legal Career Justice Naluzze Batala’s legal journey began in the early 2000s when she worked as a Legal Assistant at F. Mukasa & Co. Advocates between 2003 and 2005. This entry level role exposed her to the practical side of legal…
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Multiple properties in Kampala, Wakiso, and Lira will be sold unless former Kibanda County MP and proprietor of Otada Bus Services, Sam Amooti Otada, pays his loan obligations to an…
Uganda’s Parliament expenditure is projected to rise steeply each year, crossing the trillion-shilling mark by 2027 and reaching UGX 1.53 trillion by 2029/30, according to a Strategic Plan for 2025–2030 published by the legislative arm of government. This steady escalation highlights not only the financial burden of maintaining Uganda’s large legislature but also the wider political and economic pressures shaping the budget, cementing its place as one of the country’s most expensive state institutions. The Medium-Term Expenditure Framework (MTEF) paints a year-by-year picture of this growth. In FY 2025/26, Parliament is expected to spend UGX 917.6 billion, of which UGX…
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The Supreme Court has handed businessman Patrick Bitature a much-needed pause in his long and bruising legal fight with South African investment firm Vantage Mezzanine Fund II Partnership. In a ruling delivered on October 2, 2025, Justice Elizabeth Musoke temporarily stopped Vantage from moving to seize Bitature’s assets over a disputed USD 10 million loan. This decision does not end the case. Instead, it buys time for one of Uganda’s most prominent businessmen, allowing him to fight on as the highest court prepares to hear the bigger arguments. How the dispute began In 2014, one of Bitature’s companies, Simba Properties…
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The Uganda Digital Society (UDS) has signed a landmark partnership with the National ICT Innovation Hub (NIIH) under the Ministry of ICT and National Guidance. This collaboration is designed to…
The Industrial Court has allowed six former Uganda National Roads Authority (UNRA) employees to sue government on behalf of 1,236 former colleagues for recovery of terminal benefits following the agency’s…
When three leading African and international institutions joined forces to back Uganda’s infrastructure pipeline, the mandate demanded technical precision and rapid, cross-border execution. Dentons, under the leadership of David Mpanga, assembled a multidisciplinary team comprising experts in banking and finance, energy, and corporate to steer the transaction from structuring and documentation through conditions precedent and disbursement mechanics. The transaction, involving Ecobank Transnational Incorporated, Development Bank of Southern Africa, and Rand Merchant Bank, was announced as having been completed, with the facility’s purpose being squarely developmental. The money will be channelled in long-term capital into classrooms and clinics, strengthening transport corridors,…
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The stock market continues to deliver standout opportunities for investors. Five locally listed companies posted exceptional returns that outpaced both government bonds and the National Social Security Fund (NSSF). The latest edition of the Black Diamonds Update by Crested Capital highlights counters that achieved total shareholder returns above 25% between January and September 2025. Bank of Baroda and QCIL lead the pack At the top of the list is Bank of Baroda (BOBU), which recorded a staggering 97.75% total shareholder return. This was driven by a sharp rise in its share price from UGX 22.25 at the start of the…
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The Alliance for National Transformation (ANT) has an ambitious plan to reset Uganda’s economic trajectory. In its manifesto, the party, led by Gen Gregory Mugisha Muntu, promises to steer the country away from what it calls a “consumption-driven, debt-laden model” towards a production-led economy. ANT argues that Uganda is endowed with natural resources and a youthful population that could drive transformation. Yet poor governance, corruption, and misplaced priorities have left millions trapped in poverty. Agriculture as the driver At the heart of ANT’s economic vision lies agriculture, which employs the majority of Ugandans. The party insists that no country has…
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When Tracy Ahumuza gave birth to her daughter, Alyssa, in April 2021, nothing unfolded as she had imagined. Alyssa needed surgery and could take only breastmilk, yet Ahumuza’s milk had not come in. Three days later, Alyssa died. In the fog of grief, Tracy’s milk began to flow. Wanting another baby to live, she searched for a safe, screened way to donate, but she found none. That gap became her mission. From personal loss, the ATTA Breastmilk Community took root. Founded in mid-2021 and named after Alyssa Taha and Tracy Ahumuza, ATTA began as a simple milk-sharing network connecting donors…
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