African NOCs Boost Project Development with Innovative Financing Strategies
African national oil companies (NOCs) are leveraging innovative financing strategies to advance oil and gas projects, ensuring continued investment despite shifting global energy markets. Through various innovative strategies such as privatization and divestment, bond issuances, development finance and resource-backed loans, NOCs are not only strengthening their financial capacity but positioning
Ikon Awards 2025 To Honour Culture, Heritage
In a bid to promote culture, the iKON Awards have adopted traditional attire as the official dress code for the highly anticipated 3rd edition of 2025. Under the theme, ‘Back to the Roots’, all guests including nominees, VIPs will don traditional outfits to showcase the beauty of their cultures and
Nalukoola Swears in, Speaker resolves to allocate him more speaking time
Erias Luyimbazi Nalukoola has officially been sworn in as the Member of Parliament for Kawempe North. The swearing-in ceremony took place earlier today in the Speaker’s Chambers. Nalukoola won the by-election after defeating his closest rival, Faridah Nambi of the National Resistance Movement (NRM), who secured 8,593 votes. He defeated
PDM: A Game Changer Towards Citizens’ Prosperity
A couple of years ago, the Yoweri Museveni administration inaugurated the Parish Development Model (PDM) in Uganda purposed as a tool to pull our citizenry out of poverty. As a follow-up of be-tidings of the model, President Yoweri Museveni, has of recent, been touring various parts of the country to
Viktorija Radman appointed Mobile Ecosystem Forum Board member
Global cloud communications platform Infobip celebrates International Women’s Month with the appointment of Viktorija Radman to the Board of the Mobile Ecosystem Forum (MEF). Her election at the MEF Global Forum Conference in Barcelona last week highlights Viktorija’s leadership in driving transformation at Infobip while fostering collaboration in the telco
Court further Sends Eron Kiiza to Prison Pending the ruling on his Bail Application
High Court Judge Elubu Michael has remanded Dr. Kiiza Besigye’s lawyer, Eron Kiiza, to prison as he awaits the determination of his bail application. Earlier this month, Kiiza filed an applifor bail three weeks ago after being convicted by the military court for contempt of court earlier this year,
URA Urges Landlords to Voluntarily Declare Rental Properties and Avoid Penalties
The Uganda Revenue Authority (URA) has urged landlords to voluntarily declare their properties and register for rental income tax to avoid penalties for non-compliance. Isaac Aijuka, the Acting Supervisor of Tax Education Outreach in South Western Uganda, made this appeal while addressing landlords in Mbarara and Lyantonde. “URA has a
Stanbic Uganda posts 478 billion Net Profit for 2024
Stanbic Uganda Holdings Limited (SUHL), the parent company of Stanbic Bank Uganda, SBG Securities, Stanbic Business Incubator, Stanbic Properties, and FlyHub, has posted Shs 478 billion profit after tax in financial year 2024. Despite the challenges posed by a volatile global economy, Stanbic Uganda showcased its resilience, with impressive revenue
Opposition Protests Shs 20,000 Allocation to UPE Learners
The Opposition has criticized the government’s allocation of Shs 7,000–Shs 20,000 per learner annually under Universal Primary Education (UPE), arguing that this meager funding has negatively impacted the quality of education in public schools. Joseph Ssewungu, the Shadow Minister for Education, raised these concerns in the 2025/26 Alternative Policy Statement
AEW 2025 to Host National Oil Company (NOC)-International Oil Company (IOC) Forum in Cape Town
This year’s African Energy Week (AEW): Invest in African Energies conference will debut the first-ever National Oil Company (NOC) and International Oil Company (IOC) Forum, a dynamic platform that brings key public and private sector stakeholders into direct conversation to drive investment, secure new deals, foster local capacity building and
