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TodayFriday, May 01, 2026

Company News

Company News
Ms. Lilly Ajarova, Chief Executive Officer, UTB (right; foreground) and Mr. Cornwell Muleya, Uganda Airlines Chief Executive Officer of Uganda Airlines (left; foreground) exchange cooperation agreements on February 4th 2020.

Uganda Tourism Board and Uganda Airlines sign landmark Brand Destination Uganda Promotion partnership

Uganda Tourism Board (UTB) and Uganda Airlines have today, February 5th 2020 signed a memorandum of understanding to combine their efforts to promote the tourism potential of Brand Destination Uganda. The two
February 4, 2020
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At the governance level, Board Chairman Mr. Francis Tumuheirwe (3rd right) and Managing Director Ms. Veronicah Gladys Namagembe (2nd right) received the Sustainability Standards Certification from EOSD International in Karlsruhe, Germany. Also captured are Mr. Rab Arshad (right), Chairman of the International Council of Sustainability Standards for Value-Driven Financial Institutions and CEO of EOSD, and H.E. Stephen Mubiru (3rd left), Uganda’s Ambassador to Germany.

Uganda’s Pride Bank Sets Sustainability Benchmark with International Certification

Pride Bank Limited has taken a decisive step into the future of sustainable finance, becoming the first Tier II financial institution in Uganda to secure the Sustainability Standards Certification (SSCI), a globally
April 30, 2026
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L–R: Robert Kabushenga, Commissioner Isaac Kyaligonza, Asst. Commissioner Erukwaine Godfrey, Nicholas Kabanda and David Amolo share insights during the IPPU Coffee Connect at Fairway Hotel, where leaders challenged procurement professionals to embrace career reinvention, practical decision-making and stronger industry collaboration.
L–R: Robert Kabushenga, Commissioner Isaac Kyaligonza, Asst. Commissioner Erukwaine Godfrey, Nicholas Kabanda and David Amolo share insights during the IPPU Coffee Connect at Fairway Hotel, where leaders challenged procurement professionals to embrace career reinvention, practical decision-making and stronger industry collaboration.

Reinvent or Become Irrelevant: Kabushenga Urges Early Reinvention as Procurement Leaders Call for Practical Reform

Uganda’s procurement professionals have been challenged to rethink both their careers and the way they practice their craft, as leading voices from government and industry converged at the Institute of Procurement Professionals
April 26, 2026
Agent Banking Company's performance mirrors the rapid expansion of Uganda’s agent banking ecosystem.

Agent Banking Company Rides on Uganda’s Agent Banking Wave to Post UGX 7.3 Billion in Revenue and UGX 2.8 Billion in Profit

Uganda’s Agent Banking Company (ABC), a shared industry platform established by the Uganda Bankers’ Association (UBA) in partnership with fintech firm Eclectics, delivered a strong financial performance in 2025, underpinned by rising
April 25, 2026
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Hotel Margherita is located at the foothills of the Rwenzori Mountains and has over time served both business and leisure travellers visiting the region.

Kasese’s Landmark Hotel Margherita Faces Auction as Reco Industries Assets Head for the Hammer Over Debt Default

One of Kasese’s most prominent hospitality assets, Hotel Margherita, is on a countdown to the auctioneer’s hammer after a debt recovery process was initiated by a financial institution against Reco Industries Limited.
April 25, 2026
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Teams from Lake Victoria Serena Golf Resort and Spa, I&M Bank, and members of the press share a photo moment at tee box 1 during one of the fun golf challenges at the series launch.

I&M Bank Serena 63 Golf Series Returns for 2026 with Expanded Calendar and a Strong  Prize Pool

The I&M Bank Serena 63 Golf Series is back for the 2026 season, promising an extended and competitive calendar for amateur golfers. The 2026 season of the series was officially launched yesterday-
April 23, 2026
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UGAFODE Chief Executive Officer Shafi Nambobi. He says they remain focused on deepening financial inclusion, strengthening risk management and investing in technology that improves customer experience.

UGAFODE Expands Aggressively in 2025 as Lending Jumps 26% and Deposits Rise 20%

Uganda’s UGAFODE Microfinance Limited (MDI) has reported a year of strong balance sheet expansion in 2025, with lending, deposits, and total assets all posting double-digit growth—signalling an institution in full-scale growth mode,
April 22, 2026
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