Airtel Africa on Tuesday announced an agreement with SpaceX to introduce Starlink Direct-to-Cell satellite connectivity across all its 14 markets that serve 174 million customers. Through this partnership, Airtel Africa...
Stanbic Bank’s Head of Personal Banking, Israel Arinaitwe, often returns to a lesson Adam Smith captured in The Wealth of Nations: economic progress depends on a society’s stock of capital....
Centenary Bank has donated 10 computers to Our Lady of Consolata-Kisubi Hospital in a move aimed at strengthening digital health systems, improving patient record management and enhancing the overall quality...
Uganda’s business and leadership elite convened on Sunday, December 14th, afternoon for an intimate and highly curated Johnnie Walker Blue Club experience, hosted by renowned businessman and philanthropist Bob Kabonero...
I&M Bank has introduced IMBRISK, a transactional solution that enables customers (new and existing) to deposit, withdraw, and transfer funds across I&M Bank branches in Uganda, Kenya, Tanzania, and Rwanda....
In a bid to support customers in meeting their beginning-of-year goals, Absa Bank Uganda has unveiled solutions under a dynamic two-fold campaign designed to bolster both individual aspirations and business…
As 2023 comes to a close, economic indicators show that Uganda is on the right trajectory. According to the monetary policy statement for December, Bank of Uganda maintained the Central…
Non-alcoholic beverage makers, Crown Beverages Limited (CBL) has raised UGX100 million for the Triplets Ghetto Kids, a children’s NGO based in Kampala. This was during their December 21, 2023, thanksgiving…
Uganda has extended an oil exploration license to Nigeria’s Oranto Petroleum Ltd. by two years after the company asked for compensation for time lost during the Covid-19 pandemic. The permit…
Access Bank Plc (Access), one of Africa’s largest banking groups, is set to acquire Uganda’s Finance Trust Bank, highly-placed industry sources have told CEO East Africa Magazine. Access Bank Plc,…
In a March 2023 interview with Bloomberg, Patrick Mweheire, the Standard Bank Group Regional Chief Executive for East Africa, told of the Group’s ambitions for the Kenyan market, revealing that…
Leading carbonated soft drinks and water maker, Crown Beverages Limited (CBL), have appointed Hilda Mbabazi FCCA, CPA, MBA, as its Chief Executive Officer. CBL is the franchise bottler of global…
The Competition Authority of Kenya, has penalised Majid Al Futtaim Hypermarkets Limited, which trades in Kenya under the brand name Carrefour, a total of KES 1,108,327,873.60 (USD7.2 million) for separately…
The landmark Africa Fashion exhibition held early this year at London’s Victoria and Albert Museum, which ran from July 2022 to April 2023, was a game-changer for the global prominence…
The Uganda Electricity Generation Company Limited (UEGCL) is staring at UGX 5 trillion outstanding loan obligations from Karuma and Isimba Hydro Power Projects. The loan obligations arise from UGX 1.3…