Numbers Don’t Lie. In 2024, PostBank Uganda posted a record UGX 35.4 billion in net profit—up 28.7% from UGX 27.5 billion in 2023. Customer deposits surged 25.4% from UGX 789.8...
As we mark this year’s World Environment Day under the theme “Ending Global Plastic Pollution”, we are reminded that the choices we make today as leaders, institutions and individuals will...
In May 2021, Bank of Uganda issued two licenses to Airtel Mobile Commerce and MTN Mobile Money to conduct various money transfer and payment services.The licenses were partly intended to……
The African Tax Administration Forum (ATAF) has appointed the former Commissioner General of Rwanda Revenue Authority, Ms. Mary Baine as its new Executive Secretary, effective 1 July 2025. Ms. Baine succeeds……
In May 1995, Celtel hit the ground running with the launch of the first mobile phone in Uganda, a rare opportunity in the country’s history that has gone on to……
There were too many rats crawling about the contract the government signed with private firm, Societe Generale de Surveillance (SGS). For starters, the contractors demanded nondisclosure of not only contents…
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With the nation beginning to recover from the shocking death of one of the nation’s best music talents, Moses Nakintije Ssekibogo, better known as Mowzey Radio, critical questions linger around…
To get back on track, Uganda needs to restore the healthy pre-2012 figures that averaged 7%. Short of that, East Africa’s third biggest economy risks failing the dream of a…
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To achieve the full Standard Gauge Railway (SGR) dream, East African countries have to spend a total of about Shs107.1 trillion ($29.8 billion), largely borrowed from Chinese investors, according to the…
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Market activity increased today as share price for Stanbic Uganda increased (+1.7%) closing at UGX 29.50 from UGX 29. Umeme Limited share price also grew by +2.5% closing at UGX 410 from UGX 400. All…
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The opening of the Sanlam Awards for Excellence in Financial Journalism to Ugandan financial journalism reporters adds to other prestigious awards such as Uganda National Journalism Awards, run by the African…
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On May 24, 2017, the Minister for Planning, David Bahati, tabled motion for a resolution of Parliament to authorise government to increase the share capital of Housing Finance Bank, saying…
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The National Water and Sewerage Corporation (NWSC) managing director Silver Mugisha has been reappointed as the vice-president on the Executive Board of the African Water Association. Eng. Dr. Mugisha was…
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On Friday 9th February, the Facebook Community Leadership Program was unveiled, with over Shs 36 billion in prize money. Facebook has launched a community leadership program that will see over…
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Crown Beverages Ltd (CBL) could have dragged Advertising Agency QG Saatchi to court to recover some USD84,000 over a failed campaign in Rwanda but the battle is far from over….
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