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A photo collage of Bank of Baroda Managing Director Shashi Dhar, Quality Chemical Managing Director Ajay Kumar Pal, Stanbic Holdings Chief Executive Francis Karuhanga, Umeme Managing Director Selestino Babungi, and Airtel Uganda Managing Director Soumendra Sahu. The five companies delivered standout returns for the period between January and September 2025.
A photo collage of Bank of Baroda Managing Director Shashi Dhar, Quality Chemical Managing Director Ajay Kumar Pal, Stanbic Holdings Chief Executive Francis Karuhanga, Umeme Managing Director Selestino Babungi, and Airtel Uganda Managing Director Soumendra Sahu. The five companies delivered standout returns for the period between January and September 2025.

Black Diamonds: Five Stocks that Beat Bonds and NSSF in Returns

The stock market continues to deliver standout opportunities for investors. Five locally listed companies posted exceptional returns that outpaced both government bonds and the National Social Security Fund (NSSF). The latest edition
October 2, 2025
The Baitwa brothers, Geoffrey Baitwa Bihamaiso and Oscar Rolands Baitwa Businge, are now on the road seeking to recover from a riotous past that has been characterized by multiple court battles.
The Baitwa brothers, Geoffrey Baitwa Bihamaiso and Oscar Rolands Baitwa Businge, are now on the road seeking to recover from a riotous past that has been characterized by multiple court battles.

Three Ways Shipping: The Baitwa Brothers’ Riotous Decade of Court Battles and Their Bid for Reorganisation   

On September 4, 2025, Justice Susan Odongo of the Commercial Court Division of the High Court in Kampala ruled against an application by the Baitwa brothers and their company to set aside
September 26, 2025
For years, the telecom sector has been transformed into a duopoly, largely controlled by MTN and Airtel.
For years, the telecom sector has been transformed into a duopoly, largely controlled by MTN and Airtel.

Uganda Finally Activates Competition Law With New Regulations

After a year in legal limbo, Uganda’s Competition Act has finally come to life. The Competition Regulations, 2025, are now in force, setting the stage for active enforcement of antitrust and consumer
September 25, 2025
Bank of Uganda Governor Michael Ating-Ego speaks during the Uganda Bankers' Association Annual Conference in Kampala. Remittances from Ugandans working overseas had by 2024, according Bank of Uganda, reached $1.5b, up from $1.1b in 2016.
Bank of Uganda Governor Michael Ating-Ego speaks during the Uganda Bankers' Association Annual Conference in Kampala. Remittances from Ugandans working overseas had by 2024, according Bank of Uganda, reached $1.5b, up from $1.1b in 2016.

Uganda’s Most Underused Asset: Why the Remittance System Needs a Total Rebuild

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 sometimes, the
August 8, 2025
The success of mobile money laid the blueprint for a wave of Fintech startups that sought to build upon this digital financial infrastructure. One of the most prominent success stories is SafeBoda.
The success of mobile money laid the blueprint for a wave of Fintech startups that sought to build upon this digital financial infrastructure. One of the most prominent success stories is SafeBoda.

Mobile Phone @30: Uganda’s Digital Entrepreneurship Boom Powered by the Mobile Phone

For three decades, the mobile phone has been an evolving cornerstone of Uganda’s landscape, consistently defying obsolescence. Far from being a mere communication device, it has seamlessly integrated into the fabric of
MTN's Sylvia Mulinge (left) and Airtel's Soumendra Sahu. Telecoms are investing heavily in data-enabled infrastructure. For instance, in 2024, MTN and Airtel invested a combined UGX893.7 billion in infrastructure projects with a focus on 4G and 5G sites.
MTN's Sylvia Mulinge (left) and Airtel's Soumendra Sahu. Telecoms are investing heavily in data-enabled infrastructure. For instance, in 2024, MTN and Airtel invested a combined UGX893.7 billion in infrastructure projects with a focus on 4G and 5G sites.

Mobile Phone @30: Data is the New Airtime; Telecoms Shift to Digital-First Investment Models

Until 2007, mobile phone subscribers had largely known voice and short message texting needs. In fact, for a long time, the mobile phone had no major use apart from making and receiving

 

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