Tanzanian billionaire businessman Rostam Abdulrasul Azizi is set to become the new majority shareholder of Nation Media Group (NMG) after agreeing to acquire the controlling stake of 54.08% previously held...
The Aga Khan Fund for Economic Development (AKFED) has announced the sale of its controlling stake in Nation Media Group (NMG), bringing to a close a 66-year partnership that helped...
Eastern Africa is emerging as the continent’s most dynamic hotel development market, with Kenya, Ethiopia and Tanzania set to deliver the next wave of new hospitality supply as global brands...
Ruth Namuli, Chief Executive Officer of SanlamAllianz General Insurance Uganda, leads the Ugandan arm of Africa’s largest non-banking financial services company. With over 18 years of experience in the insurance...
Vivo Energy has put two of its prime downtown Kampala Shell service stations up for sale. The stations will be sold on a “where is, as is” basis, which signals...
Uganda’s financial sector is entering a new era of oversight. Bank of Uganda (BoU) has issued Guidelines on Financial Holding Companies, 2025. This is a sweeping framework that reshapes how…
Stanbic Bank Uganda has launched a powerful new brand campaign—Keep Growing—positioned as both a celebration of Uganda’s resilience and a reaffirmation of the bank’s role in powering the nation’s long-term…
It began with a phone call. Fresh from completing her Master’s degree in Real Estate at the University of Reading in the United Kingdom, Judy Rugasira was preparing to return…
The shilling experienced one of its most volatile stretches in recent months. It swung wildly as offshore realignments and rising import demand disrupted its long-held stability. The currency opened last…
Money remains expensive in Uganda. Bank of Uganda has kept its Central Bank Rate (CBR) at 9.75% since August 2025, one of the longest periods without adjustment. The message is…
FinCom Technologies has launched the SchoolPay School Fees Savings Campaign. The initiative is designed to help parents manage school fees more efficiently and ensure that no child misses school due…
Tatenda Nigel Chinodakufa is often described as “the man helping Africa’s fintechs grow without stepping on regulatory landmines.” As Regional Business Development Director at Sumsub, a technology firm specializing in…
The Public Procurement and Disposal of Public Assets (PPDA) Appeals Tribunal has overturned a multi-billion-shilling contract award issued by Uganda Electricity Transmission Company Limited (UETCL). It did so after finding…
To understand Stevens Mwanje is to understand the balance between numbers and humanity. A finance professional of 30 years, Mwanje has built a career defined by quiet discipline, strategic clarity,…
Lloyds Forex Bureau, one of Kampala’s longest-standing foreign exchange and remittance operators, has formally exited the market after voluntarily ceasing operations, the Bank of Uganda (BoU) has announced. In a…