Ssenyonyi Accuses Joyce Bagala, Lumu of Impersonation for a Kenyan trip
The Leader of the Opposition (LoP) Joel Ssenyonyi in Parliament has accused five Members of Parliament of impersonating him in order to attend a conference in Kenya. The MPs in question are Joyce Bagala, Kakembo Mbwatekamwa, Juliet Kakande, Lumu Richard, and Najjuma Sarah. According to LoP Joel Ssenyonyi, the legislators
UDB, MD Ojangole listed for African Banker Awards 2025
African Banker magazine has announced the shortlist of nominees for this year’s edition of its annual African Banker Awards with Uganda Development Bank [UDB] and its Managing, Director Patricia Ojangole being nominated in the categories of African Banker of the Year and ‘SME Bank of the Year, respectively. The Cooperative Bank of Kenya
Museveni Approves Elon Musk’s Starlink Following Successful UCC Application
Ugandan President Yoweri Museveni announced yesterday that he had a “productive meeting” with representatives from Elon Musk’s satellite internet company, Starlink, which is seeking to establish operations in Uganda. Starlink, a unit of SpaceX, has reportedly submitted a license application to the Uganda Communications Commission (UCC). The company is aggressively
COP30: Africa champions new approach to incentivize climate action
African leaders are advocating for a new approach to measuring the continent’s green wealth, emphasizing that current gross domestic product measures in most African countries are outdated and underestimate their true wealth. They spoke at an event hosted by the African Union Commission and the African Development Bank Group at
NCBA Bank, Motorcare partner to make vehicle ownership more affordable
NCBA Bank has teamed up with Motorcare Uganda and ICEA Insurance Company to offer an exclusive asset financing program for customers over the next three months. The initiative is designed to enable both individuals and businesses to own brand-new, zero-mileage vehicles at discounted prices, with financing covering up to 90%
Court Orders Gov’t to Pay Shs 387 million to Anti-Age Limit Demonstrators
Mukono High Court Judge Margaret Mutonyi has ordered the government to pay Shs 389 million in compensation for the illegal detention and violation of human rights of individuals who protested against the removal of the presidential age limit in 2017. In that year, 13 applicants—including peaceful demonstrators, three mothers, and
Pride Microfinance Transitions to Pride Bank Limited Following Tier II License Approval
Pride Microfinance has officially transitioned to a Tier II credit institution and will now operate as Pride Bank Limited, marking a new chapter of expanded services, enhanced customer experience, and a deeper contribution to Uganda’s financial ecosystem. The announcement was made at Serena Hotel following the acquisition of a Credit
Global philanthropies launch over Shs 2 trillion initiative to accelerate maternal-newborn survival in Africa
A coalition of global philanthropies has announced the launch of the Beginnings Fund, a new philanthropic initiative committed to accelerating maternal and newborn survival across Africa. With a focus on sustainability and local ownership, the Beginnings Fund will work in partnership with African governments, national organisations, and experts to prevent
AfDB signs $3.2 billion Exposure Exchange with Inter-American Development Bank
The African Development Bank Group has signed a $3.2 billion Exposure Exchange Agreement with the Inter-American Development Bank (IADB), renewing a prior agreement originally executed between the two institutions in 2015. The agreement was signed in Washington DC, on the sidelines of the World Bank Group and International Monetary Fund
Emirates and the Uganda Tourism Board renew partnership for 2025
Building on a successful year of collaboration, Emirates and Uganda Tourism Board have renewed their Memorandum of Understanding (MoU) for 2025, during the Arabian Travel Market. With a focus on driving inbound tourism to Uganda, the partnership underscores the airline’s ongoing commitment to market Uganda as a premier tourist destination.
