The minister of state for Gender incharge of PWDs Asamo Hellen Grace has lauded the Bank of Uganda for engaging people with disabilities in its development programmes. “We are very happy to see inclusivity of people with disabilities in the suppliers meeting,this will also help them to participate effectively in business,” she told Bbeg Media….
In a move to accelerate Uganda’s transition from subsistence agriculture to a modern, industrialized agro-economy, Stanbic Bank Uganda, in partnership with the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF), hosted the inaugural Consumer Convention 2025 in Kampala. The high-level forum attracted stakeholders from government, agribusiness, financial services, and the development community to discuss scalable…
Airtel Uganda has handed over Shs 37.9 billion to the Uganda Communications Universal Service and Access Fund (UCUSAF), reinforcing its commitment to expanding digital connectivity across Uganda. This represents an 11.4% increase from last year’s contribution. The contribution represents 2% of Airtel Uganda’s gross annual revenue for the financial year ending 31st December 2024, in…
The Supreme Court has issued a temporary injunction stopping I&M Bank from recovering Shs 10. 3 billion from businessman Haruna Sentongo for defaulting on his debt. The injunction will last four months until Sentongo’s appeal against the bank concludes. Last month, the Court of Appeal dismissed an application by Sentongo to stop the bank from…
Three ladies returning after a streak of work in the Middle East recently raised suspicion at Entebbe Airport. Known as ‘Kadamas’ they walked majestically, clad in head veils. They had an unusually high number of suitcases. It is those large suitcases that became the problem. For starters, the ladies did not want the suitcases to…
Standard Chartered Bank Uganda, a cornerstone of the country’s financial landscape since 1912, faced an unprecedented setback in 2024, with net profits after tax plummeting by over 70% to Shs 19 billion from Shs80 billion in 2023. This dramatic decline, reported in its financial statement for the year ending December 31, 2024 has sent shockwaves…
Stanbic Bank Uganda, through its for Her initiative, has partnered with UN Women to launch a transformative programme in the West Nile sub-region, targeting both refugee and host communities. The initiative is designed to empower women through digital inclusion, financial literacy, and sustainable livelihood support. “Our work in West Nile is grounded in the belief…
In a bold step signalling a new era in Uganda’s energy and mineral sector, the Uganda Chamber of Energy and Minerals (UCEM) has officially repositioned itself as a national leader in clean energy advocacy and sustainable mineral development. The announcement was made last week at a gathering of leaders in the energy and minerals sector….
As the country mourns Rajiv Ruparelia following his tragic death, his father, business mogul Sudhir Ruparelia, faces a profound personal loss and a daunting business challenge: who will succeed him to lead the vast Ruparelia Group? The group is a cornerstone of Uganda’s economy, with a portfolio that includes iconic properties like the Speke Resort…
By Denis Waliggo In today’s rapidly evolving world, the creative industries hold immense potential for shaping livelihoods and driving economic growth. From fashion design to digital animation, interior design to graphic arts, creative fields not only satisfy personal passions but also provide significant career opportunities. However, the decision to pursue a creative program is not…
