Following the resignation of Richard Yego, Sarah Bateta Okwi has been appointed as Acting Chief Executive Officer of MTN Mobile Money Uganda Ltd (MTN MoMo), stepping into the role at…
Richard Yego, the Managing Director and Chief Executive Officer of MTN Mobile Money Uganda Ltd (MTN MoMo), has resigned, with his exit expected at the end of February 2026. Yego,…
Airtel Africa has posted a sharp rebound in profitability for the nine-month period ended 31 December 2025, reporting a net profit of $586 million, driven largely by surging data revenues,…
For more than a decade, Uganda’s energy sector—under the political stewardship of Ruth Nankabirwa Ssentamu since 2021—has ranked among the government’s top priority sectors, consistently absorbing trillions of shillings in…
The appointment of Jones Muhumuza as Acting Managing Director of Uganda Clays Limited marks a decisive shift in emphasis at one of Uganda’s oldest industrial companies. Coming at a time…
The Managing Director of Uganda Clays Limited, Reuben Tumwebaze, has resigned, bringing to a close a nearly five-year tenure (March 2021–January 2026) defined by heavy capital investment, uneven operating results,…
The Board of Directors of the Uganda Electricity Transmission Company Limited (UETCL) has confirmed Eng. Richard Matsiko as the company’s substantive Chief Executive Officer, replacing Mr. Joshua Karamagi, who resigned…
Uganda’s Auditor General Edward Akol has issued a wide-ranging warning to Parliament: the country is collecting more revenue than ever, yet persistent weaknesses in procurement, project execution, asset management, staffing,…
Finance Trust Bank has outlined the next phase of its operations after receiving approval from the Bank of Uganda to continue business under a Tier II Credit Institution licence, effective…
What began as one of the most closely watched cross border banking acquisition plans in East Africa has now officially fallen apart. The proposed takeover of Uganda’s Finance Trust Bank…
