30-10-2014 23:52:00 | by: Default Admin User | hits: 4299112 | Tags:

DR Congo expresses interest in Tanzania, Rwanda oil pipeline project
11-01-2017 | 15:30:43
The Democratic Republic of Congo (DRC) has expressed interest in Uganda’s crude oil pipeline project and has expressed commitment in participating in its implementation.
European Investment Bank confirms $97 million support for East African entrepreneurs in 2016
09-01-2017 | 16:40:16
European Union lending arm, the European Investment Bank has confirmed that it lent $97 million to support investment by companies across East Africa in 2016.
Uganda speeds visa issuance, strengthens border security with Gemalto Visa Management System
05-01-2017 | 09:58:00
Gemalto is supplying Uganda's Directorate of Citizenship and Immigration Control (DCIC) with its Coesys Visa Management that combines swift issuance of all visas and permits with biometric enrollment upon arrival.
[Column] Maria Auma: My nuggets for the year 2016
02-01-2017 | 12:49:08
This year has been such an amazing year for me in the various ventures I have been involved. I remember in January having alluded to “attracting what we are ready for”. Almost a year later I realize that indeed this is the case.
East African Community courts technology to address post harvest grain losses
23-12-2016 | 08:56:37
With about one third of the food produced on the continent lost along the value chain, East African agricultural sector stakeholders want to harness technological innovations in order to reduce post-harvest losses.
Uganda, Egypt agree to make River Nile a highway to Mediterranean Sea to stem import, export costs
22-12-2016 | 11:45:00
Rwanda and Egypt heads of state have agreed on a plan to make the River Nile a transportation highway to the Mediterranean Sea to reduce import-export costs.
[Column] Bob Koigi: Culture oils the wheels of any successful business
16-12-2016 | 07:00:00
What makes a company grow? And how do we determine the growth of a company? Is it its impressive financial results? The storms it has weathered? Its expansion portfolio?
[Uganda] Insurance companies team up to tap into oil and gas sector
15-12-2016 | 13:00:00
17 insurance companies have teamed up to pool their resources in an effort to cover risks in the oil and gas sector.
[Uganda] Mobile money transactions reach over 2 million daily
15-12-2016 | 08:39:55
In 2009, when mobile money services were launched, 3 million transactions were concluded in a year, but by July 2016 there were over 2 million transactions daily.
20 young East African entrepreneurs to benefit from $200,000 grant funding
14-12-2016 | 10:28:00
The U.S. African Development Foundation (USADF) in partnership with CITI Foundation has announced awards of $200,000 in grant funding to 20 young, East African social entrepreneurs developing businesses for social and community change
[Uganda] East Africa’s Largest Solar Plant Starts Operations
12-12-2016 | 12:33:00
Made up of 32,680 photovoltaic panels, the new 10 megawatt facility is the country’s first grid-connected solar plant and will generate clean, low-carbon, sustainable electricity to 40,000 homes, schools and businesses in the area.
[Column] Bob Koigi: Business incubation, the saving grace for struggling entrepreneurs
09-12-2016 | 15:55:50
Small businesses require professional business advice. Entrepreneurs with business ideas but no way of taking them through to fruition need sound advice.
SimbaPay launches mobile money transfer service to Ghana and Uganda
05-12-2016 | 10:58:19
SimbaPay – a London based digital money transfer provider – today announced the launch of its money transfer service to Ghana and Uganda. Using the SimbaPay app or website, Ghanaians and Ugandans living in Europe can now send money to mobile phones in Ghana or Uganda instantly.
[Uganda] MTN customers can now send money to Rwanda and Kenya with launch of outbound money transfer service
30-11-2016 | 06:06:01
Uganda’s leading mobile service provider MTN has unveiled an outbound mobile money transfer that will see clients now send money across the region primarily Rwanda and Kenya.
East African Community commit to efforts to grow intra-regional trade
24-11-2016 | 06:16:25
The East African Community has committed to efforts including operationalization of single customs territories and reducing non tariff barriers in its endeavor to grow trade among member states. The ongoing integration efforts across the East African Community (EAC) region largely aim at increasing trade.
Ugandan farmers praise UN report citing flaws with Bidco
22-11-2016 | 10:30:00
Embattled Ugandan farmers fighting threats and land grabbing by Bidco have praised a draft report by U.N. investigators that calls into question the company’s business practices.
East African Community mulls legislation to address cross border insolvency
21-11-2016 | 10:28:30
The East African Community (EAC) is mulling harmonizing laws that will regulate cross border insolvency.
[Uganda] Traders call for regulation of foreign firms to safeguard local jobs and promote healthy competition
17-11-2016 | 16:13:03
Traders from northern and eastern Uganda have asked government to ensure that the participation of foreigners in the economy is well regulated.
East African Community and European Development Fund commit to implement region’s development projects in five years.
14-11-2016 | 16:25:27
Despite stalled trade talks that saw some East African member states hesitant in signing the Economic Partnership Agreement with the EU, the East African Community and the European Development Fund (EDF) have agreed to cement their business ties by committing to implement various development projects in the region for a period of five years.
[Uganda] NSSF buys 121 million shares from Umeme becoming single largest investor
09-11-2016 | 09:53:29
The Uganda National Social Security Fund (NSSF) has bought an additional 121 million shares from utility company Umeme for $17 million making it the single largest investor of the company. NSSF announced that it had reached an agreement with Actis to acquire 7.5 percent of the shares it held in Umeme.
Logistics Plus extends African foothold with four new offices in East Africa
08-11-2016 | 13:52:48
Transport, logistics and supply chain solutions company Logistics Plus has opened four new offices in Nairobi and Mombasa in Kenya, Kampala in Uganda and Juba in South Sudan as it seeks to extend its foothold in Africa.
East African tour operators in joint UK roadshow to market region
04-11-2016 | 11:06:46
In a move meant to market East African community as a prime destination for international tourists, tour operators in the region are conducting a joint road show in UK.
AIG insurance exits Uganda market in an operations review strategy
03-11-2016 | 16:09:58
Insurance company AIG has exited the Ugandan market following what it attributed to a review of its strategy to create simplified organization that positions them to achieve their global strategy based on capabilities and market opportunities.
East Africa Business Council calls on member states to deepen cross border investments
02-11-2016 | 15:30:21
East Africa Business Council has called on East Africa Community countries to deepen cross border investments for better and quick businesses development and promotion of integration.
[Column] Maria Auma: Women in Business - Success does not demand giving up everything
31-10-2016 | 11:22:22
I am writing about this subject because not enough is said about the personal challenges we face as women in business. Ever since I got into business I have always had a “tug-of-war” relationship with the people in my personal life.
Three Ugandan companies to showcase innovations at Angel Fair Trade Africa
31-10-2016 | 10:51:24
Three Ugandan companies will represent the country at the 4th Angel Fair Trade Africa where they will showcase their innovations.
AHF Africa Flags Off GIRLS ACT in Uganda, Kenya, South Africa & Nigeria for Young Women
31-10-2016 | 10:13:00
The AIDS Healthcare Foundation, Africa Bureau, has officially launched its young women and girls initiative tagged GIRLS ACT (Awareness Campaign Tour) as part of its public health campaign interventions for young women and girls aged 15-24.
[Uganda] Umeme moves to oil less transformers to tame rising vandalism
26-10-2016 | 08:46:14
Uganda’s power distributor, Umeme has moved to the use of transformers without oil as it seeks to cut on rising cases of vandalism while conserving the environment.
U.S. Chamber Releases New Report on Trade Facilitation in East Africa
20-10-2016 | 11:01:53
The U.S. Chamber of Commerce U.S.-Africa Business Center released a new report today on trade facilitation in East Africa, outlining the work governments in the region have undertaken to improve infrastructure and address economic challenges, and offering recommendations to address and overcome remaining trade barriers.
Report shows COMESA as fastest growing economy globally
17-10-2016 | 15:28:01
Regional economic block, the Common Market for Eastern and Southern Africa (COMESA) remains the fastest growing economy in the world according to the latest COMESA macroeconomic report, with five of its members recording growth rate of between five and ten per cent.
Uganda Capital Markets Authority announces new financing facility for cash strapped companies
17-10-2016 | 14:47:24
Uganda’s capital markets regulator Capital Markets Authority (CMA) in a bid to rescue listed cash strapped companies has announced it has a financial facility which it has generated over the years.
BON Hotels takes on second property in East Africa
17-10-2016 | 09:57:30
BON Hotels, a hospitality company that owns, manages and markets hotels throughout South Africa and Africa, has taken on a second property in East Africa
Ugandan government recapitalizes Uganda Development Bank to offer long term lending
14-10-2016 | 13:41:32
The government of Uganda has announced plans to fund Uganda Development Bank to a tune of $14.5 million every month to boost the bank’s capacity to provide long term financing.
Econet Media applies for broadcasting license in Uganda
12-10-2016 | 14:24:08
Econet media has applied for a license from the Uganda Communications Commission to operate satellite television services in the country.
Uganda government launches free internet for city residents
06-10-2016 | 12:00:05
The Ugandan government has launched free internet for resident of the capital Kampala in what the government calls the increasing need for internet literacy among its people.
Uganda, Germany signs $75 million power transmission deal
05-10-2016 | 15:25:29
Uganda’s energy sector has received a boost following the inking of a $75 million deal with Germany that will see boost power transmission.
Business Leader Samuel Owori will become first Ugandan to head Rotary International – 2018-19
05-10-2016 | 10:58:38
Samuel "Sam" Owori of Kampala, Uganda was today confirmed president-nominee of Rotary International - a humanitarian service organization that unites leaders committed to improving lives and bringing positive, lasting change to communities around the world.
[Column] Maria Auma: So you think you can import? (Pt 2)
03-10-2016 | 12:20:00
I recently joined the highly capital intensive and somewhat prestigious industry of importation. I must advise anyone even remotely interested in taking that leap of faith to carry out in depth research into the kind of market they are entering and explore every point in their value chain.
[Column] Wayne Troughton, CEO, HTI Consulting: Positive Growth Forecast for East African Hospitality Sectors
29-09-2016 | 15:03:00
“East Africa is expected to deliver the strongest real GDP growth in Sub-Saharan Africa over the next decade, according to BMI Research,” says Wayne Troughton, CEO of specialist global hospitality and tourism consultancy, HTI Consulting.
Urgent need for leadership development in Uganda as investment booms
29-09-2016 | 12:00:34
Sub-Saharan Africa will, over the next few decades, attract the highest rates of foreign direct investment inflows per capita of any developing region, according to a report by PWC. Many new businesses are expected to start up and grow as a result of this investment.
Ugandan insurance regulator okays banks to offer insurance services
28-09-2016 | 15:37:00
Following the publication of regulations that will guide banks intending to offer insurance services by the Ugandan insurance regulator, banks have expressed appetite in offering insurance, a move industry players hails as a win to the customers but one that could affect insurance companies.
Uganda mulls border export zones targeting regional markets
28-09-2016 | 12:33:02
The Ugandan government is planning to construct border export zones with a view to improving regional markets which have become big consumers of Ugandan exports.
[Nigeria] Wema Bank Partners Bank of Uganda
28-09-2016 | 09:32:00
Wema Bank has disclosed that it recently hosted some staff of Uganda's apex bank; The Bank of Uganda (BoU), on a week-long knowledge and skills sharing session on balanced score card and performance management.
[Column] Maria Auma: So you think you can import? (Pt 1)
27-09-2016 | 13:49:00
I recently joined the highly capital intensive and somewhat prestigious industry of importation. I must advise anyone even remotely interested in taking that leap of faith to carry out in depth research into the kind of market they are entering and explore every point in their value chain.
[East Africa] Money Transfer Firm, Wave, extends M-Pesa services to the UK
27-09-2016 | 10:31:00
Wave, a New York-based money transfer firm, has expanded its M-Pesa-linked diaspora remittance services to the United Kingdom. This means that East Africans living in the UK can now use the Wave app to send money directly to Safaricom’s M-Pesa wallets, as well as to Uganda and Ethiopia through MTN mobile money
[Uganda] Hima Cement set to open new plant as demand burgeons
26-09-2016 | 14:18:50
French cement maker’s subisidiary in Uganda Hima Cement is set to invest $40 million in a new plant with a view to raising output to 1.8 million metric tonnes.
Uganda and Ethiopia big winners at East African Power Industry Awards in Nairobi this week
22-09-2016 | 12:56:00
Uganda scored a double victory at the East African Power Industry Awards with the country not only winning the Special Recognition Award for outstanding leadership in the sector, but also scooping up the Award for Excellence in Power Transmission or Distributionfor the second year in a row.
Agriculture Drives Uganda’s Success in Reducing Poverty - World Bank
22-09-2016 | 10:44:02
Poverty reduction among households in agriculture accounts for 79 percent of national poverty reduction from 2006 to 2013.
[Uganda] Gambling gains ground with Ugandans spending $44million yearly
21-09-2016 | 05:31:50
Ugandans spend on average $44million on gambling the country’s National Lotteries and Gaming Regulatory Board has revealed positioning the activity as one of the key sources of revenue for government even as opinion remain divided on its contribution to the well being of the ordinary people.
[Uganda] Government partners with 500 savings societies to roll out cheap credit
20-09-2016 | 11:57:41
The government of Uganda has announced it is providing $890,000 to 500 Savings and Credit Cooperative Societies, SACCOs, as it seeks to deepen financial inclusion in rural areas. Through the Microfinance Support Centre, the government says it will give loans with a repayment interest rate of 9 per cent over seven years
Uganda targets US market with its coffee
16-09-2016 | 05:11:17
In a move meant to increase the visibility of Ugandan coffee to key markets The National Union of Coffee Agribusinesses and Farm Enterprises (Nucafe) is rolling out key campaigns to market the commodity in the United States.
Toshiba to help Uganda exploit geothermal power
16-09-2016 | 05:01:12
Japanese engineering and technology company Toshiba Corporation has expressed interest in helping Uganda exploit its geothermal energy as the country looks to alternative energy to boost power supply.
[Uganda] Hima Cement to supply cement for construction of industrial complex
14-09-2016 | 11:58:27
Cement manufacturer Hima Cement has entered into an agreement with Chinese based company Guangzhou Dongsong Energy Group Company Limited for the supply of more than 40,000 tonnes of cement as the Chinese company gets down to construction of an industrial complex in Uganda.
Procter & Gamble named East Africa Employer of Choice
14-09-2016 | 10:43:56
Consumer goods company Procter & Gamble (P&G) has been named the leading employer of choice in the inaugural East Africa Employer of Choice 2016 Awards.
East African passports among most powerful in Africa says study
14-09-2016 | 09:58:37
The East Africa Member states have the most powerful passports in Africa outside South Africa with Kenya’s being the strongest allowing its citizens to travel to 65 countries in the world according to a 2016 Index by World Economic Forum.
[Uganda] $15million project seeks to upscale operations of small scale miners
09-09-2016 | 12:27:51
Uganda’s low grade minerals are headed for better days following a three year $15 million project meant to upscale the operations of small scale miners and communities operating in low value minerals.
[Uganda] Government prioritizes local manufacturers in tenders for mega projects
09-09-2016 | 07:38:31
In a move meant to promote local companies and cut cost of import, the government of Uganda has announced it will start offering tenders to local manufacturers to supply big construction projects in the country.
Pan African Federation of Filmmakers mobilizing funds for continent’s cinema sector
08-09-2016 | 13:40:34
The film industry in Africa set for a major transformation with the injection of millions of funds to improve quality and quantity of productions in an effort to stimulate growth in film making across the continent.
Wilbrod Humphreys Owor appointed executive director of Uganda Bankers Association.
08-09-2016 | 13:24:14
Wilbrod Humphreys Owor has been appointed the executive director of Uganda Bankers Association replacing Mr. Emmanuel Kikoni who has served in the same portfolio for the last 16 years.
Uganda issues oil licenses to Tullow Oil and Total to speed production
02-09-2016 | 12:21:00
The government of Uganda has granted Tullow and Total five and three oil production licenses respectively as it seeks to speed the exploration and production of crude oil.
210 Ugandan SMEs graduate with business management training
31-08-2016 | 14:23:29
Some 210 Ugandan SMEs have graduated from a training sponsored by Stanbic Bank which focused on growing and sustaining businesses.
[Uganda] GOtv Pushes Lower Price Boundaries
30-08-2016 | 09:26:00
GOtv, the digital terrestrial network of MultiChoice, has further pushed the price boundaries in the low-end pay television market after it introduced packages that customers can buy as low as Shs 5,000.
Dubai to host tourism marketing bonanza in three East Africa capitals
29-08-2016 | 09:39:58
The Dubai Department of Tourism and Commerce has picked three East Africa’s capital cities in its marketing drive as it remains a top tourism destination for East African tourists.
First East African b2b trade fair to market craft producers internationally
29-08-2016 | 09:30:15
Plans are underway to establish an annual professional business to business trade fair for home décor, lifestyle products and fashion accessories which will allow East African craft producers to sell their products in the international markets.
Hannington Karuhanga appointed Airtel Uganda chairman
26-08-2016 | 07:23:10
The Airtel Uganda managing director Anwar Soussa has appointed Hannington Karuhanga as the telco’s new chairman.
Total Uganda unveils new unleaded fuel
26-08-2016 | 06:52:23
Oil marketer Total Uganda has introduced a new brand of petrol and diesel gas it says has lasting protection on car engines
DRC Shows Interest as Uganda-Tanga Port Oil Pipeline Preps in Top Gear
25-08-2016 | 10:37:00
As the Vice-President of Total East Africa, Mr Javier Rielo, assured President John Magufuli that preparations for the construction of the 1,410-kilometre oil pipeline from Lake Albert in Uganda to Tanga Port in Tanzania are in good progress, DRC has shown interest in using the facility.
Uganda starts campaign to encourage local consumption of coffee
22-08-2016 | 08:31:26
The Uganda Coffee Development Authority (UCDA) and Usaid Feed the Future have launched a campaign to encourage local consumption of coffee among Ugandans with a target of 20 percent in five years up from the current three percent.
[Uganda] DFCU bank invests in training women entrepreneurs
22-08-2016 | 08:26:41
DFCU bank has rolled out a training and legal counsel programme targeting women entrepreneurs in Uganda as it seeks to appreciate the contribution of women to the economy
East Africa gaining from common regulatory standards in the insurance sector
22-08-2016 | 08:16:23
The insurance sector in East Africa is receiving a major boost with the adoption of common regulatory standards that supervises cross border activities of insurance firms.
[Uganda] Clay building products manufacturer eyes regional market to ward off competition
22-08-2016 | 08:10:48
In a bid to ward off growing competition in Uganda, manufacturer of baked clay building products, Uganda Clays Ltd is mulling entering regional markets through Rwanda after it closed its South Sudan operations.
Uganda taxman installs electronic machines on business premises to tame tax evasion
19-08-2016 | 10:33:39
In a bid to tame tax evasion the Uganda taxman is introducing a raft of new and radical measures to businesses including installing machines at premises of businesses in order to track sales.
KCB Uganda to link SMEs with foreign companies to spur growth and investment
17-08-2016 | 12:33:41
The Kenya Commercial Bank (KCB) Uganda has announced plans to connect over 500 SMEs in the country with companies in England, USA, France, UAE, China and UK with a view to harnessing their business potential.
[Uganda] Shell Entebbe unveils new Pizza Hut Restaurant
16-08-2016 | 15:15:00
Multinational food chain store, Pizza Hut has expanded its network in Uganda, by opening up a new branch at Shell Entebbe.
Uganda taxman mulls introducing tax on internet data
12-08-2016 | 17:08:17
The Ugandan taxman in a bid to bridge the shortfall it is experiencing in tax it collects from the telecommunication industry says it is planning to introduce tax on internet data as it had noticed a considerable drop in revenue collected from excise duty on voice calls. Internet users in the country might start paying higher fares as Uganda Revenue Authority moots a move to slap taxes on internet connectivity.
MTN Uganda partners with CBA to launch mobile phone based savings and loans service
12-08-2016 | 07:06:13
MTN Uganda in collaboration with The Commercial Bank of Africa has launched a virtual bank account in Uganda allowing customers to save and borrow money using their mobile phone.
[Uganda] Nile Breweries targets 800 retailers with training on running successful beer businesses
10-08-2016 | 17:10:00
Uganda beer maker Nile Breweries Limited is investing in training its retailers how to run successful business from selling beer as it seeks to share its growth strategy with its distributors.
Bank of Uganda Lowers Lending Rate to 14 Percent
09-08-2016 | 11:36:00
Bank of Uganda (BoU) yesterday moved to provide a stimulus once again in the economy by reducing the Central Bank Rate (CBR) from 15 per cent to 14 per cent, a move it says is aimed at supporting the country's high economic growth and private sector credit.
[Uganda] Insurance Authority CEO tenure renewed for stellar performance
05-08-2016 | 14:12:00
The chief executive officer of Uganda Insurance Regulatory Authority Ibrahim Kaddunabbi Lubega has had his contract renewed for another five years in what the minister of Finance, Planning and Economic Development, Matia Kasaija, has attributed to stellar performance in his tenure at the helm of the Authority
Pause and address bottlenecks stifling private businesses from thriving
03-08-2016 | 16:04:00
The East African region has been hailed as a magnet for investors both local and beyond. What with good climate, huge investment in infrastructure, a burgeoning middle class with an affinity for spending and a thriving work force. It is truly a cocktail of incentives for any investor
[Uganda] Petroleum directorate announces four new firms in oil exploration bid
03-08-2016 | 14:05:19
Four firms that had bided to carry out exploration and production of oil in key oil blocks in Uganda have received a nod from The Petroleum Directorate, of the Ministry of energy.
[Survey] Implementing Inclusive Business Models in Africa
27-07-2016 | 16:23:00
This short survey is part of a major research project undertaken by Rotterdam School of Management at Erasmus University (The Netherlands) in collaboration with ESAMI and the Netherlands African Business Council.
Uganda calls for relaxing of the AGOA trade rules
27-07-2016 | 11:29:11
Uganda is calling for relaxing the trade rules under the African Growth and Opportunity Act, AGOA, fifteen years after it signed the act arguing this would help boost its exports.
Coca Cola Beverages Africa debuts its services in 11 African countries
25-07-2016 | 13:59:17
SABMiller Inc has partnered with Coca Cola and Gutsche Family Investment to set up Coca Cola Beverages Africa, CCBA, which will manufacture and sell 40 still and sparkling brands from more than 30 African bottling plants.
Uganda government race to create e commerce regulations
25-07-2016 | 13:50:05
The Uganda government is burning the mid night oil to ensure it sets up regulations that govern e commerce services and create an enabling environment for online businesses as it looks to technology to boost service delivery.
Uganda still grappling with fuel adulteration despite new systems
25-07-2016 | 13:28:07
Uganda is still grappling with use of adulterated fuel in its fuel stations, especially those located around Kampala despite having introduced systems to tame the vice.
The employment relationship and how it is affected by business transfers in countries across Africa
25-07-2016 | 13:07:00
Different African countries regulate the employment impact of business transfers differently. The key distinction across jurisdictions is whether or not there is an automatic transfer of employment with going concern transfers, and if there is, whether this applies in outsourcing situations as well.
Mastercard and UBA partner to drive financial inclusion in Africa
25-07-2016 | 10:57:41
Kenya, Uganda and Tanzania are among 19 countries in Africa set to benefit from a partnership between United Bank Africa, UBA, and Mastercard that is meant to drive financial inclusion through roll out of unique financial services.
[Uganda] UAE Exchange introduces free bank transfer facility
22-07-2016 | 11:12:31
Global remittance and foreign exchange company UAE Exchange has introduced a free bank transfer facility targeting Ugandans and other nationalities living in Uganda who wish to do bank remittances.
Partnership invests in nine Uganda social businesses to boost skills and jobs
21-07-2016 | 15:58:58
Nine Ugandan businesses have received $200,000 and three month accelerator training in a partnership that is seeking to harness the power of entrepreneurs in Uganda to create jobs
Stanbic Bank Uganda commits money and staff to new entrepreneurship center
21-07-2016 | 15:54:32
Stanbic Bank Uganda has launched an entrepreneurship center for the youth and committed $50million to the center that seeks to boost financial literacy and empower the youth with entrepreneurial skills.
[Uganda] Mastercard Foundation invests $20million in youth agribusiness programme
20-07-2016 | 11:51:32
The MasterCard Foundation has set aside $20million to assist youth in Northern Uganda overcome poverty and gain meaningful employment through agribusiness.
Uganda launches online visa application system to boost tourism numbers
18-07-2016 | 13:22:05
Uganda has introduced an online visa application system with effect from July 2016, for tourists, business people and students as it hopes to tame challenges affecting regional and international arrival within tour and travels sector.
Black markets choke East African countries and businesses
14-07-2016 | 15:53:00
East African states are suffocating under a well-organized cartel that is fueling the counterfeit industry leading to massive losses in revenue to governments as lives of citizens get endangered.
Uganda insurance regulator targets Muslims with new product to deepen penetration
13-07-2016 | 13:15:00
Insurance regulator is mulling introducing Islamic insurance to Muslims in Uganda who are barred from conventional insurance with a view to roping in more people to the industry which still has dismal penetration
[Uganda] Diamond Trust Bank, AFD ink deal to finance green energy projects
13-07-2016 | 12:17:00
Diamond Trust Bank Uganda has inked a $9.7million credit agreement Agence Francaise de Development (AFD) that will see SMEs in the country receive soft loans for their green energy ventures.
[Kevin Avila] The Role of VSAT in Supporting NGOs during Disasters in Africa (Part 1): Mozambique and Uganda
04-07-2016 | 10:26:00
Natural disasters such as floods, fires, and storms affect thousands of people in Africa. From the destruction of buildings to the spread of disease, natural disasters can devastate entire countries overnight and seriously disrupt the community with massive human, material, economic and environmental losses.
NC Bank Uganda appoints Sam Ntulume as Managing Director
27-06-2016 | 16:18:00
Former Executive Director of NC Bank Uganda Sam Ntulume has been appointed as the bank’s Managing Director.
Optimism High for Uganda to Diversify Economy in Oil Era
23-06-2016 | 10:48:00
Uganda will begin pumping its first commercial oil in 2018, which could be a major source of socio-economic transformation if revenues are well invested to diversify the country’s economy.
Uganda becomes the preferred destination for East African businesses
20-06-2016 | 14:07:34
A new business order is emerging in the East African region fueled by especially Kenyan businesses on an expansion binge. Uganda has become the new investment darling for most of this companies due to its heightened rate of economic reforms, a move that is now toppling Rwanda from its long held enviable position as a leading business hub in Africa.