MTN Uganda, the country’s leading mobile phone operator, has posted a remarkable 21.1% increase in its profit after tax for the third quarter of 2023, as the company continues to thrive on the back of a Read More
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UAP Old Mutual Insurance Uganda Limited has committed to respecting environmental social and governance values as cornerstones for its business growth and sustainability. This comes a week after the insurer bagged two accolades at the 13 Read More
Nile Breweries has launched a Shs4bn state-of-the-art barley cleaning and drying plant in the Eastern District of Kween, company executives said on Nov.7. The state-of-the-art plant, strategically located in the heart of Sebei region, Read More
KCB Bank Uganda has announced Shs95 million cash sponsorship package for Kampala Old Boys (KOBs) Rugby Club, one of Uganda’s best rugby clubs, in an effort to promote the growth and development of the Read More
EFC Uganda has embarked on the process of closing down five of its business service centers to help streamline business processes while leveraging on partnerships in the banking sector, executives said today in a media Read More
During September, Uganda’s private sector saw an increase in employment and purchasing activity as demand conditions remained favorable, resulting from the continued growth of new orders and enhanced business activity. The monthly headline Stanbic Read More
Uganda Development Bank, the country’s development finance institution, has announced Ugx150 billion financial commitment earmarked to provide affordable and patient financing to Ugandan contractors, it said on Oct.2. Dubbed the Ugandan Contractors Financing Initiative, Read More
Uganda’s aviation sector has scored 72.17% in an on-site audit conducted by the International Civil Aviation Organization (ICAO) said the Minister of State for Transport, Fred Byamukama at a news conference held in Kampala on Read More
Micro-small and medium enterprises have signed a memorandum of understanding with large and medium contractors who will be working on the $4bn East African Crude Oil Pipeline. The MSMEs were selected from the 10 districts where Read More
The Buganda Kingdom has promised to buy 2 million shares in the ongoing Airtel Uganda Initial Public Offer as a demonstration of its commitment to the Kingdom’s economy and cooperation with key market players. This Read More
