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...
By Silvia Nyambura City businessman Andrew Rugasira has announced he intends to vie for President of the Uganda National Chamber of Commerce and Industry (UNCCI) at the forthcoming Annual General…
By Silvia Nyambura Cement manufacturer Hima has today announced it is embarking on a capacity expansion strategy that will start with the construction of a Grinding Station in Tororo, Eastern…
By Silvia Nyambura Hima Cement has today signed a 5 year Memorandum of Understanding (MOU) with Chinese firm, Guangzhou Dongsong Energy (GZDS) to supply cement and concrete. The Chinese firm…
By Our Reporter SOS Children’s Villages has launched a nationwide fundraising campaign to raise Ushs 6 billion. This will go towards supporting the Non-Governmental Organization (NGO) to increase the number…
By Our Reporter Cement manufacturer Hima has embarked on a series of trainings for masons and builders across the country. This is in a bid to improve the vocational skills…
By Our Reporter Power utility company Umeme has registered a 19.5% fall in net profit in the six months to June 2016 to Ushs 54.5 billion from Ushs 67.7 billion…
By Silvia Nyambura Samsung Electronics in partnership with the Korea Education and Research Information Service (KERIS) and the Ministry of Education in the week ending 2nd September launched two technology…
By Our Reporter Insurance companies should consider listing shares in the capital markets as a means of raising capital, Chief Executive Officer of the Uganda Capital Markets Authority (CMA) Keith…
By Our Reporter GSK and Save the Children have launched their fourth annual US$ 1 million Healthcare Innovation Award, which rewards innovations in healthcare that help to reduce child deaths…
By Our Reporter Uganda’s Ministry of Energy and Mineral Development has today approved Field Development Plans (FDP) for Total E&P Uganda as the operator of Exploration Area (EA) 1 and…