Court Orders Standard Chartered Bank to Pay Shs 573 Million for Unlawful Dismissal of Employee
Business National News
2 min read
93

Court Orders Standard Chartered Bank to Pay Shs 573 Million for Unlawful Dismissal of Employee

April 27, 2025
0

The Court of Appeal has ordered Standard Chartered Bank to pay Shs 573 million to Grace Tibihikira Makoko for her unlawful dismissal from employment. Between 1995 and 2015, Standard Chartered Bank employed Makoko in various capacities in Uganda and Kenya. From 2011 to 2015, she served on international assignments as

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Ugandan Shilling Remains Steady Amid Balanced Currency Flows and Improved Market Liquidity
Business Money and Markets
2 min read
56

Ugandan Shilling Remains Steady Amid Balanced Currency Flows and Improved Market Liquidity

April 26, 2025
0

The Ugandan shilling held firm against the US dollar throughout the week, trading within a narrow and stable range. This stability was supported by balanced activity between buyers and sellers in the foreign exchange market, according to Catherine Kijjagulwe, Acting Head of Markets at Absa Bank Uganda. Commodity-related inflows were

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The Ritz-Carlton, Masai Mara Safari Camp Set to Offer Elevated Luxury in the Wild
Business Tourism and Hospitality
5 min read
52

The Ritz-Carlton, Masai Mara Safari Camp Set to Offer Elevated Luxury in the Wild

April 25, 2025
0

The Ritz-Carlton is poised to unveil a new era of luxury hospitality in Kenya with the highly anticipated opening of the brand’s first luxury safari camp.  Expected to open this August, The Ritz-Carlton, Masai Mara Safari Camp will bring the brand’s legendary service and elegant style to the heart of

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AFSA Launches Seed is Life Campaign to Defend Farmer-Managed Seed Systems
Business
3 min read
61

AFSA Launches Seed is Life Campaign to Defend Farmer-Managed Seed Systems

April 25, 2025
0

The Alliance for Food Sovereignty in Africa (AFSA) has launched its “Seed is Life” campaign—an urgent initiative promoting Farmer-Managed Seed Systems (FMSS) and resisting the spread of chemical-intensive, monoculture industrial agriculture across the continent. The campaign aligns with International Seeds Day, amplifying the voices of those advocating for patent-free seeds

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Umeme Ordered to Pay Shs 30 million for Illegal Meter Connection and Overbilling
Business National News
3 min read
76

Umeme Ordered to Pay Shs 30 million for Illegal Meter Connection and Overbilling

April 25, 2025
0

The Electricity Tribunal has ordered Umeme to pay Shs 30 million in compensation to Kamba Petroleum Uganda Limited for unlawfully connecting other customers to the complainant’s meter, which led to overbilling and significant financial losses. In 2016, Kamba Petroleum filed a complaint with the Electricity Tribunal, alleging that Umeme had

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MTN commits Shs 100 million to support professional golfer Ronald Rugumayo
Business
3 min read
49

MTN commits Shs 100 million to support professional golfer Ronald Rugumayo

April 24, 2025
0

MTN Uganda has announced a Shs 100 million sponsorship for Uganda’s only professional golfer on the Sunshine Tour and DP World Tour, Ronald Rugumayo, fondly known as Mayo. This support is part of a broader national campaign dubbed “Friends of Mayo,” which aims to rally Ugandans to stand behind one

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World Bank: Economic Growth is Speeding Up in Africa, but Uncertainty Clouds Outlook
Business
2 min read
62

World Bank: Economic Growth is Speeding Up in Africa, but Uncertainty Clouds Outlook

April 24, 2025
0

Economic growth in Sub-Saharan Africa is showing some resilience despite uncertainty in the global economy and restricted fiscal space. Regional growth is expected to reach 3.5% in 2025 and further accelerate to 4.3% in 2026-2027. This growth is mainly due to increased private consumption and investments as inflation cools down

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AfDB approves $19.85 million grant for crisis response to the most vulnerable in Sudan’s conflict areas
Business Regional News
3 min read
204

AfDB approves $19.85 million grant for crisis response to the most vulnerable in Sudan’s conflict areas

April 23, 2025
0

The Board of Directors of the African Development Bank Group (AfDB) has recently approved a $19.85 million grant over two years to support a humanitarian and resilience operation in Sudan, with a strong focus on improving livelihoods of vulnerable populations and easing the impact of the ongoing conflict on communities

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Court Orders MTN to Pay Shs 11.1 billion for Breach in SMS Content Deal
Business National News
4 min read
110

Court Orders MTN to Pay Shs 11.1 billion for Breach in SMS Content Deal

April 22, 2025
0

The High Court has directed MTN Uganda to pay Shs 11.1 billion to Vas Garage Limited for loss of income sustained over a 29-month contractual period. On July 16, 2013, and December 22, 2014, Vas Garage Limited entered into a contract with MTN Uganda to provide services including content provisioning,

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Coca-Cola Beverages promotes water stewardship with efficiency measures
Business
2 min read
57

Coca-Cola Beverages promotes water stewardship with efficiency measures

April 22, 2025
0

Coca-Cola Beverages Uganda (CCBU) has ramped up its efforts to improve water efficiency at its Rwenzori and Namanve plants by introducing innovative measures designed to reduce water usage. Muminu Kirunda, the Manufacturing Development Specialist at CCBU, explains the company’s approach: “Water is essential to life, our beverages and the communities

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