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...
A deepening financial and legal crisis surrounding the owner of Emin Pasha Hotel has taken a more complex turn, as allegations of a forged presidential directive emerge, further entangling an...
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...
Uganda’s fourth quarter budget release for the 2025/26 financial year reveals a clear hierarchy of national priorities, with debt servicing, wages, and infrastructure emerging as the dominant beneficiaries of government...
The proposed tax changes for the 2026/27 financial year go well beyond routine amendments. Taken together, they point to a deliberate policy shift toward easing the cost of doing business,...
By Our Reporter Stanbic Bank Uganda and the Mandela Group are making it easier and more convenient for customers to enjoy cashless purchases using their debit or credit cards at…
By Scott Nelson New research shows Private Equity (PE) activity in Africa will inject billions of US dollars of sustainable investment over the next five years. PE deals in Africa…
By Our Reporter The Uhuru Institute, through its Freedom Fund Enterprise has launched Piki-Credit, a product aimed at providing flexible credit facilities to Cooperatives. The loan is payable in approximately…
By Our Reporter Over 30 patients were screened during a Neurosurgical Camp that took place at CORSU Rehabilitation Hospital and Missionaries of the Poor home. The annual camp organized by…
By Leonard Okello The cooperative movement dates as far back as 1844 when the Rochdale pioneers formed a cooperative society to improve their livelihoods and protect their interests, in the…
By Silvia Nyambura Government is still not looking into the option of capping bank interest rates, David Bahati the Minister of State for Finance and Planning has said. Instead, they…
By Our Reporter The Public Relations Association of Uganda’s (PRAU) professional development and networking event famously known as the PRAU Nite took place on Friday 31st March at D’Mellos Resto…
By Our Reporter Total’s May 2016 acquisition of Gulf Africa Petroleum Corporation’s (GAPCO) assets in Kenya, Uganda and Tanzania closed on March 28th 2017. The principal assets being acquired are…
By Silvia Nyambura Stanbic Bank Uganda has released its results for Financial Year 2016, reporting record figures for the second year in succession. The bank registered profits of Ushs 191…
By Silvia Nyambura Uganda Revenue Authority (URA) in conjunction with United Bank of Africa (UBA) have today unveiled an Online and Point of Sale (POS) tax payment system. This is…