Shareholders of Quality Chemical Industries approved a $51 million credit package from Stanbic Bank. It is a move that signals both expansion ambition and underlying financial pressure. This was at…
Imagine Amina, a young mother in Kampala, waiting every month for money sent by her brother working abroad. That money pays for her children’s school fees, medicine, and food. But…
When Kenya shut its doors on Brookside Dairy Uganda in 2023, it seemed like a death knell for the company’s regional trade ambitions. But two years later, Brookside is now…
When Reuben Tumwebaze assumed the reins of Uganda Clays (UCL) in March 2021, he walked into a company weighed down by its past. Once a market leader with deep roots…
Bloomberg has reported that British multinational Diageo has appointed Bank of America and Goldman Sachs to oversee a review of its 65% stake in East African Breweries Limited (EABL). The…
Preparations are in high gear. Every sign suggests that the 2024 African Nations Championship (CHAN), due in August 2025, is shaping up. Hosted by Uganda, Kenya, and Tanzania under the…
In 2021, Ajay Kumar Pal became CEO of Cipla Quality Chemicals, now QCIL. He displayed a calm resolve of someone used to pressure. He wasn’t just walking into a leadership…
In June 2025, dfcu Bank launched the dfcu SME Mobi Loan, a fully digital, short-term lending solution designed to offer fast, unsecured financing to Uganda’s small and medium-sized businesses. With…
It’s just after sunrise in the hills of Kapchorwa, eastern Uganda. A smallholder farmer, barefoot and bent over with age, tends to her coffee shrubs. She’s been growing the crop…
In a fiscal climate where many economies are gasping under debt and tax collection fatigue, Uganda Revenue Authority (URA) has pulled off a remarkable feat. It has beaten its revenue…
