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...
The government of Uganda will have to part with USD215 million to acquire majority shares of power distributor, Umeme, when the power distributor’s 20-year contract comes to a close in…
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The Court of Appeal in Uganda has ordered Uganda Revenue Authority (URA) to refund UGX 25 billion it initially obtained from the National Social Security Fund (NSSF) following a decision…
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CEO East Africa Magazine, on January 18th 2023 broke the story that Charles Mwanyara Mudiwa, the former Chief Executive Officer of Stanbic Bank Kenya had been appointed as the next…
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The Income Tax Bill published on 30th March 2023 is spectacular in that it attempts to make dramatic reforms in tax.Apart from doing away with the incentive for investors called…
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Uganda is constructing a one-of-a-kind conference and convention centre which upon completion will be the biggest modern conference centre of its kind in East Africa.The Speke Resort Convention Centre, being…
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Dfcu Limited, the holding company for dfcu Bank has this morning released its performance results for 2022, reporting a strong comeback. The company announced that net profit grew by 217% from…
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Service Cops, one of Uganda’s leading Financial Technology and Business Processes Outsourcing (BPO) firms and Ethiopia’s Awash Bank have reached another milestone agreement to expand their digital-strategy support partnership started…
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I am pleased with the bank’s robust performance in 2022, a year in which we registered notable progress in enabling the aspirations of our various stakeholders, including customers, shareholders, staff,…
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Stanbic Holdings Uganda Limited has released its performance for 2022, reporting record-breaking growth across all parameters.SUHL is part of the Standard Bank Group, Africa’s largest Bank and is comprised of…
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