Mobile money agents are the engine of Uganda’s everyday economy, and this is most visible on weekends. From Friday evening through Sunday, transaction volumes surge as customers trade, pay, and...
Asahi Group Holdings, the Japanese brewing and beverages giant, has picked Absa Bank Kenya PLC, ENS Africa, A&O Shearman and Nomura Holdings to advise on its USD 2.3 billion acquisition...
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...
Few embody the spirit of Tanzania’s steady and relentless march towards increased prosperity like Mohammed Dewji, the country’s entrepreneur supreme – and Africa’s youngest billionaire – whose MeTL Group’s 150…
Airtel Africa today has launched, Nxtra by Airtel (“Nxtra”), a new data centre business founded on what the telco says is a “commitment to meet the continent’s growing needs for…
Uganda Breweries Ltd (UBL) brands Smirnoff and Johnnie Walker won big, across the 12 categories at the third annual Uganda Marketing Excellence Awards (UMEAS) 2023 organised by the Evolve Group…
Ronald Makata has been named new Chief Finance and Value Management Officer for Stanbic Bank Uganda replacing Abraham Ongenge who has since moved to Stanbic Bank Kenya as the Executive…
I&M Bank Uganda has announced its strategic partnership with Mastercard, a global leader in digital payments and technology. The collaboration aims to revolutionize the banking experience for customers by driving…
Cash management falls under the Corporate and Investment Banking division of the bank. The bank’s vast array of cash management solutions includes payments (funds transfer, regulatory payments, utility bill payments…
The board of directors of the African Development Bank Group has approved a loan of $252.83 million to Uganda, to fund the construction of the Laropi-Moyo-Afoji and Katuna-Muko-Kamuganguzi road. The…
Nyombi Thembo, a shrewd politician and an economist is no stranger to the corporate corridors at Uganda Communications Commission headquarters in Bugolobi, an affluent Kampala suburb. Before his appointment as…
Airtel Uganda has launched the first 5G home broadband device with a promise to boost connectivity in Uganda. The new development was announced during the Airtel – Wednesday Night Golf…