Joseph Ssentongo has been formally confirmed as Chief Executive Officer of the Global Innovation Fund, with immediate effect. His appointment was ratified by the GIF Board when it met last week...
At least 201 companies have been liquidated in the five years to June 2024, data from Uganda Registration Services Bureau (URSB) indicates. However, new business registration has equally grown, with at……
Uganda Registration Services Bureau (URSB) registered a significant increase in borrower securities or collaterals under the Security Interest in Movable Property registry in the year ended June 2024, an indication……
Across the globe, countries are pushing towards energy transition and sustainable energy production. Uganda has not been exceptional and a lot has been achieved but the country continues to push towards……
Ugandans on average transacted UGX 159 trillion on MTN Mobile Money, which translated to UGX 435 billion per day for the 12 months to December 2024. Details contained in the...
Paul Graham, the founder of the highly influential Y Combinator accelerator program penned arguably his most famous essay in September 2012. In this essay, titled Startups = Growth, Paul Graham…
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I&M Bank Uganda has moved its head office to the modern and swanky Kingdom Kampala building. In the customer notice posted on the bank’s social channels, the bank said: “We have…
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Uganda’s Centenary Bank has released its 2022 results announcing “substantial growth in 2022 especially in profits, deposits, gross loans, and total assets”.The bank reported an 18% growth in net profit,…
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Standard Chartered Bank has contributed to the World Trade Board’s new plan to drive greater access to trade finance for MSMEs, the Financial Inclusion in Trade Roadmap. Launched on the…
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Africa.Com has released the 3rd edition of its annual Africa.com Definitive List of Women CEOs⏤ a data-driven list of 93 women running big businesses on the African continent.The data-driven list…
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This is seemingly the same script but a different cast; the profiteering and greed of big pharma knows no boundaries. We have barely pulled out of the COVID-19 pandemic, during…
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Absa Bank Uganda has this morning released its 2022 financial results, reporting growth in deposits, lending, revenues as well as net profit and assets.The bank, a subsidiary of Absa Group,…
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On the evening of Friday, 09th September 2018, unknown persons hacked the mobile money float accounts of a payments aggregator company called Beyonic Ltd and originated payments amounting to UGX2,617,761,200….
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According to the Economic Policy Research Centre (EPRC), Uganda’s leading think tank on economics and development policy-oriented research and analysis, 425,000 jobs were lost amongst Micro, Small and Medium Enterprises…
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