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...
Away from the loss of thousands of lives and the devastating impact on healthcare systems all over the world, the other victim of Covid-19 has been the global economy. The…
Fearmongering or scaremongering is the deliberate act of spreading frightening and exaggerated information with an intention of arousing public fear or alarm about a particular issue. Those who engage in…
Uganda has exhausted its quarter, this is 100 percent, is it the first time it’s happening, and is that way to tailor make the direction of this payment to go…
Parliament of Uganda, has this afternoon passed a motion to pay tribute to President Yoweri Kaguta Museveni “for his continuing exemplary and insightful leadership during the Covid-19 pandemic.” The Speaker…
Eighteen (18) profit-making commercial banks in Uganda, made a UGX906 billion (USD238.5 million) in profits in 2019. This was a 14% increase from UGX794.7 billion in 2018 profits. This was…
Tell us about your journey with Coca-Cola Beverages Africa My journey at Coca-Cola Beverages Africa (CCBA) dates back to 2008 when I joined as a graduate trainee under the Supply…
Dr Peter Lwigale, a Ugandan Rice University researcher has won a United States Federal Grant worth $1.5 million to study how a recently identified protein in the cornea aids development,…
The UGX closed the week steady riding on the positive sentiment generated by the news of IMF disbursement designed to assist the country deal with the economic effects of Covid-19….
Dr Phiona Atuhebwe’s story is a from the frontline healthcare worker to a confirmed case story. The only good news is that unlike thousands of gellow healthcare workers who have…
The Executive Board of the International Monetary Fund (IMF) on Wednesday, May 6th approved a disbursement of USD491.5 million (UGX1.87 trillion) under the Rapid Credit Facility (RCF) to help deal with the effects of Covid-19. According to an IMF media release, the money is to “finance the health, social protection and macroeconomic stabilization measures, meet the urgent balance-of-payments and fiscal needs…
