Asahi Group Holdings, the Japanese brewing and beverages giant, has picked Absa Bank Kenya PLC, ENS Africa, A&O Shearman and Nomura Holdings to advise on its USD 2.3 billion acquisition…
The Government of Uganda and the United Nations World Food Programme signed a landmark agreement Wednesday that establishes Kampala as the home of the WFP Global Fleet Hub, a strategic…
Let’s start off with why Absa Group is involved in this B20 summit. When we decided to participate in B20, it was largely because we’re a pan-African bank, and this…
The Insurance Regulatory Authority of Uganda has given the green light for AAR General Insurance Uganda Limited to write non-life business in the country, formalising a move the AAR Group…
The past five years have not gone particularly well for Uganda’s billionaire class. Once the undisputed symbols of local enterprise and ambition, several of the country’s most prominent businessmen have…
The Common Market for Eastern and Southern Africa (COMESA) Competition Commission has imposed a fine of USD 750,000 on global alcoholic beverages manufacturer Diageo Plc, the majority shareholder in East…
Piracy and Intellectual Property theft have long plagued Uganda’s creative sector, robbing musicians, filmmakers, producers and innovators of both recognition and income. But government agencies, industry leaders and artistes themselves…
When MTN Uganda set in motion the structural separation of its mobile money business into a fully independent, Bank of Uganda–licensed fintech company, it was clear this would be one…
Uganda has quietly signed on to a contentious U.S. migration plan taking in some non-Ugandan deportees from other African countries so their protection claims can be examined in Kampala. The…
Bank of Uganda (BoU) Governor Michael Atingi-Ego has advised Ugandans who believe they have been defrauded through mobile money to first report the matter to their service provider and, if…
