Uganda Airlines, the country’s flagship carrier and one of the government’s most ambitious public investments in recent years, has been placed under formal investigation by the State House Anti-Corruption Unit…
Ugandans will access Starlink-powered satellite internet only through licensed local telecommunications operators and not through a direct consumer launch, the Uganda Communications Commission (UCC) has ruled. In a detailed clarification…
For all its vast infrastructure and apparent complexity, the internet can be switched off with startling ease. During Uganda’s 2021 general elections, this reality became clear when authorities imposed a…
As Uganda’s insurance industry heads into 2026, it finds itself at a crossroads. Premiums are rising, claims are being paid at record levels, new players are entering the market, and…
Ugandans applying for temporary visit and tourism visas to the United States of America will now be required to post a visa bond, following a new policy introduced by the…
East African Breweries Limited (EABL), one of East Africa’s most influential consumer goods companies, is entering a new era. This comes after its majority shareholder, Diageo, agreed to sell its entire 65% stake to Japan’s Asahi Group Holdings. The transaction was disclosed through a statutory public announcement and an accompanying EABL press release. It is among the region’s most significant cross-border investments in the beverages sector. This deal will see a major Japanese brewer take control of a leading African alcohol business. Who is buying and who is selling The seller is Diageo, the global beverages group behind brands such…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Jubilee Life Insurance’s Marketing and Communications Manager on clarity, courage, resilience, and redefining success beyond busyness. In the tricky world of insurance, where reputation is fragile and every message carries weight, marketing is not about noise. It is about meaning. Few professionals understand this better than Camila Mindru, Marketing and Communications Manager at Jubilee Life Insurance. Her career has unfolded in a sector shaped by regulation, competition, evolving customer expectations, and constant pressure to deliver results, quickly and visibly. Yet, over time, Camila has learned that the most powerful impact does not come from doing everything but from doing the…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Have you ever wondered what truly distinguishes a successful CEO from the rest? Beyond titles, corner offices, and headline results, what habits sustain leaders at the very top? That is especially in environments marked by volatility, regulation, rapid technological change, and heightened stakeholder scrutiny. In Uganda’s evolving business landscape, chief executives are leading institutions that carry enormous economic, social, and national significance. From telecommunications and banking to insurance, capital markets, energy, real estate, and pharmaceutical manufacturing, these leaders operate at the intersection of people, capital, and long-term responsibility. Their decisions ripple far beyond balance sheets, shaping livelihoods, markets, and public…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Global spirits giant Diageo has agreed to sell its majority stake in East African Breweries Limited (EABL) to Japan’s Asahi Group Holdings, marking a significant shift in the ownership of East Africa’s largest beer producer. Under the deal, Diageo will sell its 65% shareholding in EABL, along with its interests in the Kenyan spirits business, United Distillers and Vintners Kenya (UDVK), to Asahi. The transaction is expected to generate net proceeds of approximately $2.3 billion for Diageo after tax and transaction costs, valuing EABL at an implied enterprise value of $4.8 billion. Diageo said the disposal aligns with its strategy…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Parliament has approved a proposal authorising the Uganda National Oil Company (UNOC) to borrow up to USD 2 billion (UGX 7.12 trillion) from Vitol Bahrain E.C. (VBA), a global trader in crude oil and petroleum products supply and marketing. The financing marks a decisive shift toward non-traditional financing to unlock oil-linked and national infrastructure projects amid tightening global capital for fossil fuel investments. The proposal presented by the Ministry of Finance in its capacity as a shareholder in UNOC builds on an existing commercial relationship between UNOC and Vitol Bahrain. In August 2023, Government, through UNOC, entered into a Petroleum…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
The Petroleum Authority of Uganda’s Corporate Affairs Manager on courage, calling, loss, leadership, and living a life aligned with purpose. In Uganda’s rapidly evolving oil and gas sector, an industry layered with complexity, scrutiny, political sensitivity, technical sophistication, and high public expectations, communication is not a function; it is a responsibility. Few professionals have carried that responsibility with as much steadiness, clarity, and grace as Gloria Sebikari, Manager of Corporate Affairs at the Petroleum Authority of Uganda (PAU). Her career has unfolded across the rise of Uganda’s petroleum industry. From the early exploration stage, the policy and regulatory foundations, the…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Vodacom Tanzania has reported strong operational and financial momentum in the first half of 2025/26, underpinned by double-digit revenue growth, expanding cash flows, and accelerating performance in its core digital and mobile money businesses. However, the telecom reported a marginal dip in net profit linked to deliberate, short-term investment decisions. In the six months to September 2025, the telecom’s revenue grew by 24% to TZS 905.3 billion (UGX 1.31 trillion), lifting operating profit by 27.8%, and swung free cash flow into positive territory at TZS 24.9 billion (UGX 35.9 billion). While net profit after tax edged down by 1.2% to…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Emmanuel Mugagga is the Chief Financial Officer of the Uganda National Oil Company (UNOC) and Winner of the Strategy Execution Award at the 9th edition of the Chief Financial Officer Awards 2025– an initiative of ACCA Uganda and Deloitte Uganda. At UNOC, an institution entrusted with managing Uganda’s commercial interests across the petroleum value chain, Mugagga sits at the intersection of a sector where decisions span decades, capital runs into billions, and outcomes shape national destiny and strategy is only as powerful as its execution. In this conversation with CEO East Africa’s Paul Murungi, Mugagga reflects on his journey into…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Government has issued a default notice of dozens mining companies and licence holders after unpaid mineral rent arrears climbed to UGX 3.75 billion. Woodcross Mining Company Limited and Kilembe Mines Limited are listed as the largest defaulters, according to a public notice by the Ministry of Energy and Mineral Development. In the notice, the Ministry reminded mineral rights and licence holders that under the law, all licence holders have a legal obligation to pay annual mineral rent and royalties to government. The Ministry said the notice serves as the last and final demand, giving defaulters 14 days to clear outstanding…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Uganda Electricity Distribution Company Limited (UEDCL) has secured a five-year financing facility worth USD 50 million (about UGX 190 billion) from Absa Bank Uganda to fund urgent upgrades to the national electricity distribution network, even as the company’s board undertakes a comprehensive investigation into the performance and conduct of senior management. The facility, signed on December 15 at the UEDCL Tower in Nakasero, is earmarked for network reinforcements, construction of new electricity substations, rollout of smart-grid initiatives, reduction of technical losses and integration of renewable energy generation. According to UEDCL, the investments are expected to improve electricity reliability, unlock suppressed…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
