On 16th October 2023, Uganda’s President, Yoweri Kaguta Museveni, had two meetings with two prospective investors in Uganda. One of the investors was Prometheus, a Polish company that builds unmanned...
Most adult Ugandans, especially those who grew up in urban areas, have very fond memories of Uganda Telecom, popularly known as Uganda Telecom. Yes, memories, because despite it at one...
I&M Bank Uganda has released its 2023 annual performance results showing accelerated growth and profitability since the I&M Group Plc acquired the former Orient Bank in 2021. I&M Group Plc...
Uganda’s 9th Oil & Gas Convention in Kampala has come to an end, with a renewed unwavering commitment by the government of Uganda and its partners to responsibly and carefully...
While announcing Mumba Kalifungwa’s appointment as Absa Bank Uganda’s Managing Director, on March 23rh 2020, Nadine Byarugaba, the Board Chairman said the bank had all faith in the new Managing...
Kampala Associated Advocates, the law firm representing Dr. Sudhir Ruparelia, has dismissed as “inaccurate and false,” the contents of a media statement made by Bank of Uganda regarding its intended…
He started off at Shell Kenya as a sales man but right now, Dr Chris Kirubi, is a household name in Kenya. At the age of 79, the self-made billionaire,…
The Board of Uganda Electricity Transmission Company Limited (UETCL), has appointed Mr. George Rwabajungu as its substantive CEO, effective today July 1st, 2020, CEO East Africa, can confirm. UETCL is…
The World Bank Board of Directors, yesterday, June 29th 2020 approved a $300 million (UGX1.1 trillion) budget support loan request by Uganda to boost the “Government’s capacity to prevent, detect…
Following approval from the Electricity Regulatory Authority (ERA) Umeme Limited, Uganda’s largest power distributor, has revealed that it is this year investing USD83.3 million (Shs 310 billion) investment plan to…
2015: For much of 2015, interest rates rose sharply, opening the year at an average 21.69% and by February 2016, had reached a 4-year high of 25.22%. This was partly…
Stanbic Bank, Uganda’s largest bank, by assets, lending, deposits and profit, has picked Emma Mugisha as its Executive Director, a credible source at the bank confirms. However, her ascension to…
City Mogul, Sudhir Ruparelia of the Ruparelia Group is in up mood having defeated Bank of Uganda’s attempt to take over properties formerly housing the defunct Crane Bank. Sudhir has…
By Rhyman Agaba Within a period of just 1 month between March and April, Uganda’s export income dropped by UGX 400 Billion as the negative effects of the Covid-19 pandemic…