Stanbic Bank Uganda has, today announced the appointment of Samuel F. Mwogeza as its Interim Chief Executive, and Barbara Dokoria as Interim Executive Director effective April 1, 2024, until substantive...
Commercial efforts by Uganda to extract and commercialise her oil and gas resources received a major boost this week as the East African Crude Oil Pipeline (EACOP) Ltd on 26th...
Stanbic Uganda Holdings Limited (SUHL), a franchise of the Standard Bank Group—Africa’s largest commercial lender by assets, has announced a profit after tax of UGX412 billion for the period ending...
The Board of Directors of Diamond Trust Bank Uganda Limited (DTBU) has named Godfrey Sebaana, a seasoned banker with over twenty years of experience, as its new Chief Executive Officer...
In the wake of the announcement of the Final Investment Decision (FID) in February 2022, the Petroleum Authority of Uganda (PAU) has sanctioned contracts valued at approximately USD7.16 billion. Of...
Uganda’s President, Yoweri Kaguta Museveni has commended the Uganda People’s Defence Forces (UPDF) Engineering Brigade and billionaire businessman, Dr. Sudhir Ruparelia for demonstrating enhanced local capacity in construction by finishing…
Uganda has just successfully hosted the 19th Non-Aligned Movement (NAM) Summit and the Third South Summit of the G77 and China, at the 3,800 seater Speke Resort Convention Centre. A…
In the realm of technology, each year brings a new wave of innovations and trends that captivate the market and shape the digital landscape. The year 2023 was no exception,…
Whenever the term economic transformation is bandied about, the key players in this effort that we normally think about are government technocrats, politicians and the private sector. Rarely do we…
Bank of Uganda, Uganda’s central bank, on January 19th, 2024 placed EFC Uganda Limited under liquidation, revoked its license, and ordered the winding up of its affairs. This in effect…
At 15 years of age when most young people’s idea of having fun is clubbing, Ashish J. Thakkar, decided to start an IT company. In numerous media interviews Thakkar has…
The Insurance Regulatory Authority (IRA) has just released its Q3 2023 performance report for among others, insurance brokers, showing that Clarkson Insurance Brokers (U) Ltd is yet again ahead of…
Interest is defined by the Oxford Dictionary as money paid regularly at a particular rate for the use of money lent or for delaying the repayment of a debt. Interest…
Bank of Uganda has revoked the license of EFC Uganda Limited, a microfinance deposit taking institution because it is undercapitalized. In a statement from the deputy governor of the central…
The Dogs And Cows Demographic And What It Teaches Us About Environmental Conservation On earth, dogs of all species produce on average six puppies, three times a year. One can…