Old Mutual Life Assurance Uganda Limited has announced the appointment of Mr. Kenneth Kitariko as the new Chairman of the Board of Directors, succeeding Ms. Sophie Nkuutu. Mr. Kitariko has...
The government of Uganda has undertaken deep and wide policy reforms in the ICT sector intended to transform the lives and fortunes of Ugandans. Legal and regulatory reforms, such as...
Uganda’s banking industry closed 2024 on a notably stronger footing, driven by robust asset expansion, a resurgence in profitability, and intensified market competition. For the first time in over a……
Kampala’s real estate landscape is dotted with burgeoning outlines of condominium developments, promising a modern, amenity-rich lifestyle. Adverts flood social media feeds and billboards with a promise of “affordable” two-bedroom units……
By Julius Akais The landscape of agricultural financing in Uganda is undergoing a profound transformation, driven by a strategic approach that goes far beyond traditional lending models. At the heart...
Joseph Ssentongo has been formally confirmed as Chief Executive Officer of the Global Innovation Fund, with immediate effect. His appointment was ratified by the GIF Board when it met last week…
At least 201 companies have been liquidated in the five years to June 2024, data from Uganda Registration Services Bureau (URSB) indicates. However, new business registration has equally grown, with at…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Uganda Registration Services Bureau (URSB) registered a significant increase in borrower securities or collaterals under the Security Interest in Movable Property registry in the year ended June 2024, an indication…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Across the globe, countries are pushing towards energy transition and sustainable energy production. Uganda has not been exceptional and a lot has been achieved but the country continues to push towards…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Ugandans on average transacted UGX 159 trillion on MTN Mobile Money, which translated to UGX 435 billion per day for the 12 months to December 2024. Details contained in the…
On 14 April 2022, Justice Mabeya, of the High Court in Kenya cancelled a 20-year concession that had leased Mumias Sugar assets to Sarrai Group in December 2021. The termination came…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
The Bank of Uganda (BoU) has come under intense scrutiny following its abrupt cancellation of the National Payments Switch (BNPS) procurement process. This move has raised significant concerns over transparency,…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Hima Cement investor, Sarrai Group is set to take over and re-develop Kilembe Mines based in Kasese District after signing a new agreement with the government. Hima Cement which is also…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
The Nile Breweries scandal involving the Majok siblings has exposed significant weaknesses in corporate governance, oversight, and financial accountability. However, this case is not an isolated incident—it is part of…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Nile Breweries Limited, the Ugandan subsidiary of global brewing giant Anheuser-Busch InBev (AB InBev), is conducting an extensive investigation into allegations of fraud and financial misconduct within its sales and…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
