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...
On 24 October 2023, the High Court (Land Division) ruled that dfcu Bank was illegally occupying 48 properties that formerly housed the branches of the now-defunct Crane Bank. The properties…
On October 24th 2023 the High Court in Kampala ruled that dfcu Bank illegally transferred to itself, 48 properties that Crane Bank had leased from Meera Investments before the seizure….
Airtel Africa registered strong growth, margin expansion and cash generation, despite foreign exchange headwinds in Nigeria, the company results for the financial half year which ended on September 30, show….
The travel and tourism sector in Africa could add $168 billion to the continental economy and create 18 million jobs by 2033, a new report has revealed. The report was…
Volcanoes Safaris, the pioneer of gorilla and chimpanzee ecotourism in Uganda and Rwanda since 1997, is opening its fifth lodge in May 2024. Kibale Lodge will be perfectly positioned for…
In an effort to boost Uganda’s renewable energy sector, key stakeholders met at the “Renewable Energy Business Accelerator Dialogue,” to address critical issues surrounding Small and Medium Enterprises (SMEs) in…
This article embarks on a journey that delves into the realm of financial statements, peeling back the layers to reveal the essential role played by Ugandan banks in the intricate…
WPP has appointed Lindsay Pattison as Global Chief People Officer,with responsibility for the company’s people strategy and operations. Lindsay succeeds Jennifer Remling, who is leaving to become Chief People Officer…
The Kenya Revenue Authority will be rebuilt to a service-oriented organization, President William Ruto has said. Ruto observed that KRA will no longer be a suppressive entity driving taxpayers into…
Liquid Intelligent Technologies (Liquid), a pan-African technology group, has appointed Michael Mukasa as its Chief Executive Officer (CEO) effective October 2023. With a distinguished career spanning over 15 years in…
