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 management of the National Social Security Fund (NSSF) has defended its performance track record, insisting that they have delivered value for the members, even amidst claims of mismanagement and…
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Today, February 11th, the world marks the International Day of Women and Girls in Science, against the backdrop of growing climate change concerns and health crises. This, together with the…
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ChatGPT, a language model developed by OpenAI. GPT stands for Generative Pretrained Transformer. OpenAI is a research organization and technology company based in San Francisco, founded in 2015. OpenAI began…
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On February 2nd, Chat GPT surpassed 100m users just two months after launch. This is the fastest that any consumer app had taken to reach 100m users. For comparison, it…
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The National Social Security Fund (NSSF) has defended its performance over the last 10 years before the Parliamentary Select Committee investigating the Fund.The committee is among others examining the circumstances…
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The year 2022 was a great year for the Ugandan Executive. More than 10 Ugandans rose to become Chief Executives of some of Uganda’s largest and most influential companies, as…
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Twenty-four (24) years, after Bank of Uganda, seized and sold the assets of the Co-operative Bank, the mystery of the ownership of the bank that was sold remains unresolved. This…
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Acacia Mall one of Uganda’s prestigious and much sought-after malls has been sold. Alykhan Karmali’s Gulfstream Investments (U) Ltd, an investment vehicle through which he owned property, according to very…
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Looking back, this could be attributed to the relentless effort across the numerous production value chain of Movit from manufacturing to marketing that were both very innovative and aggressive that…
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Bank of Uganda has released the list of 18 shortlisted external audit firms that will audit supervised financial institutions in 2023. Section 62 (1) of the Financial Institutions Act (FIA) 2004…
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