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...
Centenary Group and Cente-Tech top officials, including Group Head of IT & Ag. CEO Cente Tech Dr Grace Ssekakubo and Chief Technology Officer Peter Kahiigi, have today had a tour…
The Uganda shilling rallied to its highest level in months trading below the key level of 3500 following the announcement of the Final Investment Decision by the international oil companies…
The National Information Technology Development Agency (NITDA) has recognised Cellulant Nigeria among the 2020-2021 NDPR Audit Compliant Organisations. NITDA was created in April 2001 to implement the Nigerian Information Technology…
Nelson Kituuka, the MD of Card Pesa approaches business with a straightforward philosophy: “If you can finance your business 100%, you are not maximizing the capacity of your business. You…
A consortium of five organizations has today commissioned two studies to define business opportunities in the agriculture, and housing sectors linked to Uganda’s emerging oil and gas economy. This comes…
Members of Parliament are discontented with the manner in which government is handling payment of Ugandan traders who supplied goods to the government of South Sudan. Legislators are irked that…
Bank of Uganda (BoU) has dismissed the false information circulating on different media platforms claiming that the banknotes bearing the signature of the Late Prof. Emmanuel Tumusiime-Mutebile, the former Governor,…
The Centenary brand has for a while been known for banking services, with the largest customer base in Uganda. Recently, the brand transformed itself into a group structure, forming Centenary…
By Patrick Tutembe The article by Dr. Ezra Suruma on “Ugandans will remain poor until they own their bank” catches my attention. Unfortunately, I sense a good degree of intellectual…
Toyota Uganda Limited, the market leader in Uganda’s new car industry, announced today that it has changed its name to CFAO Motors Uganda. This transformation goes hand in hand with…