Government today officially launched the National Budget Month for 2025/26, emphasizing its commitment to inclusive and transparent governance in public resource management. The launch, presided over by Matia Kasaija, the minister of Fiance, also introduced the National Public Investment Management (NPIM) Policy, a transformative framework aimed at revolutionizing Uganda’s public investment planning, implementation, and monitoring….
With less than a week to the Martyrs Day celebrations, business activity at both the Anglican Site and Catholic Shrine in Namugongo is experiencing a significant downturn compared to previous years. Bbeg Media visited the Anglican section of the shrine and observed a limited number of businesses, including catering services, retail shops, restaurants, and vendors…
Dr Patricia Ojangole, the managing director of Uganda Development Bank, has been appointed chairperson of the Association of African Development Finance Institutions (AADFI), the umbrella organization for development finance institutions in Africa. Dr. Ojangole’s appointment was announced during the 51st Ordinary General Assembly of AADFI, held on May 26, 2025, at the Sofitel Hotel Ivoire…
Damali Ssali has been appointed country director of Global Alliance for Improved Nutrition (GAIN) Uganda. The organisation’s mission is to improve the consumption of healthier diets for all, especially the most vulnerable, by improving the availability, affordability, desirability, and sustainability of nutritious and safe foods, and reducing the consumption of unhealthy and unsafe foods. Ssali,…
A delegation of Chinese investors is touring Uganda to establish business ties with local coffee farmers, as demand for the cash crop surges in China’s growing market. After visiting various coffee farms as well as farmers’ cooperatives in the eastern and western parts of the East African country, the visiting Chinese delegation, alongside officials from…
Quality Chemical Industries Limited (Qcil) has secured a $ 36 million (Shs 133 billion) debt facility from Stanbic Bank Uganda to construct a second manufacturing facility. The new facility will increase production capacity for Qcil’s existing portfolio and enable the company to expand into new therapeutic areas, including the production of injectable medications. Qcil, founded…
Uganda’s missions abroad will have a steady supply of Uganda Waragi thanks to Uganda Breweries Limited (UBL). The firm signed a five year Memorandum of Understanding with the Ministry of Foreign Affairs to supply Uganda Waragi and other locally made products. UBL Managing Director, Andrew Kilonzo, welcomed the move noting that it signals the public…
The Uganda Bankers Association (UBA) has named Kenneth Agutamba, Stanbic Bank Uganda’s Country Manager for Reputation and Corporate Communication, as the new chairperson of the Peer Committee on Marketing and Communication. He succeeds DFCU’s Jude Kansiime. Agutamba’s appointment follows a sector-wide nomination and consultation process that resulted in his unanimous endorsement. He will serve alongside…
Stanbic Bank Uganda’s new mortgage solution breaks financing barrier to home ownership. For most working Ugandans, the dream of owning a decent home remains just that—a dream. With soaring construction costs, high interest rates, and a complex mortgage application process, many lower-middle-class earners find themselves locked out of the property ladder. Despite the fact that…
The BMK Group has said it intends to create more employment opportunities for Ugandan youth. The managing director of Hotel Africana Limited, Haruna Kalule Kibirige told Bbeg Media at his office in Kampala that through their various companies under the BMK group more jobs will be created to help young skilled people. “We are committed…
