Kenya Gov’t to Sell 15% Safaricom Stake to Vodacom in KShs 241 billion (UGX 6.5 Trillion Deal) The Kenyan government Kenya has officially begun the process of selling a 15...
They say actions speak louder than words, and with Paloma Lengema at the helm, BIC’s impact is clear, sharp, bold, and lasting like the iconic Cristal pen. Rising through BIC’s...
When Dr. Layi Fatona took the stage at the Stanbic Bank East Africa Economic Summit in Kampala, there was a certain stillness in the room — the kind that precedes...
In a move that emphasizes its ambition to lead Africa’s broadband revolution, AXIAN Telecom Fibre Ltd (“Yas”), a subsidiary of AXIAN Telecom Holding and Management PLC, has completed the acquisition...
Rwanda is preparing to launch a Green Exchange Window (GEW) later this month, a dedicated platform for trading sustainable investment instruments aimed at expanding the country’s capital markets and attracting...
East African Breweries Limited (EABL), one of the crown jewels in Kenya’s corporate sector, is now at the centre of market speculation following a broader strategic pivot by its parent…
Starlink, a satellite internet service under American billionaire Elon Musk’s SpaceX company, has submitted an application to obtain a license from Uganda Communications Commission (UCC). The license will allow Starlink…
brainchild BCW, a Uganda-based reputation management, digital, and experiential agency, has announced a brand refresh, unveiling a new identity as brainchild Burson. The announcement was made at the agency’s offices…
As Uganda Electricity Distribution Company (UEDCL) formally takes over the power distribution function, it will be months or even years before Ugandans move on from the days of Umeme. Yes,…
The current rope pulling and shoving offer an insight into what is turning out to be an interesting twist in the exit of Umeme. Until a few days ago, the…
Uganda Parliament Speaker, Anita Among has today received the Auditor General’s report on Umeme which recommends a USD 118 (UGX 433 billion) Buyout amount for the unrecovered investments. Speaker Among…
Pay television service providers lost at least 31.9% subscribers in the 12 months to December 2024, according to the Uganda Communications Commission (UCC) Market Performance Report. The loss is contained…
A leaked memo from the Office of the Prime Minister reveals that the government of Uganda plans to review and possibly approve borrowing proposals amounting to over USD 1.6 billion…
Stanbic Uganda Holdings Limited (SUHL) has once again proven its financial strength, posting a record net profit of UGX 478 billion in 2024, up from UGX 411.5 billion in 2023,…
Stanbic Uganda Holdings Limited (SUHL), the parent company of Stanbic Bank Uganda and four other subsidiaries, has announced a record net profit of UGX 478 billion for the financial year…
