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 Bank of Uganda (BOU) has cut the Central Bank Rate (CBR) by 1 percentage point to 14%. This may or may not have an effect on commercial…
By Our Reporter The Insurance Regulatory Authority (IRA) is set to come up with guidelines aimed at facilitating the introduction of new insurance products. This comes as the industry seeks…
By Our Reporter Players in the tourism and travel industry have been advised to embrace new technology in order to boost their businesses and further develop the industry in the…
By Our Reporter Jumia Group has been named as the only Africa-focused company to make the World’s Top 50 Smartest Companies list (2016), published by the Massachusetts Institute of Technology…
By Our Reporter Seven out of eight counters posted activity in this week’s trading. Market value traded fell to Ushs 6.48 billion from Ushs 7.23 billion last week. Stanbic Bank…
By Our Reporter Ethiopian Airlines has resumed daily flights to Juba Southern Sudan with the first flight scheduled to land at Entebbe International Airport at 13:00 hours today. Flight ET…
By Silvia Nyambura Uganda Breweries Limited has announced it will be celebrating 70 years of existence in the country on 27th July, 2016. Set up after the World War II…
By Our Reporter Vodafone Uganda has appointed John Ndego as its new Chief Executive Officer with effect from 11th July 2016. He replaces Allan Richardson, who returns to the Afrimax…
By Silvia Nyambura Agence Française de Développement (AFD) and Diamond Trust Bank of Uganda (DTB) have today signed a credit line valued at US$ 10 million (Ushs 33.44 billion) to…
By Our Reporter Over 100 hoteliers under the Uganda Hotel Owners Association met today to share insights into the value of branding and marketing of their hotels. The event was…