Airtel partners with Spiro to roll out electric motorcycles in distribution network
Airtel Uganda has partnered with electric mobility firm Spiro to introduce electric motorcycles into its distribution network, in a move aimed at cutting emissions, reducing costs and improving efficiency in last-mile delivery. The initiative will see Airtel Franchise Partners transition from fuel-powered motorcycles to electric alternatives as the telecom giant
Activists demand halt to Uganda–DRC oil expansion over transparency concerns
Civil society coalitions Notre Terre Sans Pétrole (NTSP) and Stop EACOP have called on the governments of Uganda and the Democratic Republic of Congo (DRC) to suspend plans for transboundary oil expansion in the Albertine Graben, citing lack of transparency and potential environmental risks. The groups say ongoing discussions between
StanChart, Gov’t seal Shs480.9b deal for Kitgum–Kidepo road upgrade
Standard Chartered Bank and the Government of Uganda have signed a €110.5 million (about Shs480.9 billion) financing agreement to upgrade the Kitgum–Kidepo road, a key corridor expected to boost trade and tourism in Northern Uganda. The agreement, signed on June 30 at the Ministry of Finance, Planning and Economic Development,
M-KOPA deepens financial inclusion as credit surpasses Shs1 trillion
Asset financing firm M-KOPA has strengthened its “More Than a Phone” platform with new customer benefits, as fresh data shows rising uptake and significant economic impact among low-income Ugandans. The company announced that it has now unlocked over Shs1 trillion in cumulative credit for more than **one million customers since
Gov’t targets Shs45.6 trillion in domestic revenue for FY2026/27 budget
The Government has set an ambitious target of collecting Shs45.6 trillion in domestic revenue during the 2026/27 Financial Year with an aim to finance Uganda’s development agenda through locally generated resources while strengthening fiscal discipline, preparing for oil revenues and reducing dependence on borrowing. The target, announced by the Ministry
Old Mutual Uganda’s funds surge on rising investor demand and macroeconomic stability
A surge in investor demand and solid returns across its unit trust funds have propelled Old Mutual Investment Group Uganda’s assets as the firm pivots to digital innovation and new investment frontiers to sustain growth. The firm’s latest abridged financial report shows strong growth across its unit trust funds in
Building smarter, faster, better: Why businesses are turning to pre-engineered construction
In today’s fast-moving economy, the biggest cost in construction is no longer just materials it is time. As industries expand and demand for infrastructure grows, developers are increasingly abandoning slow, conventional building methods in favour of faster, more efficient alternatives. At the centre of this shift is Uganda Baati, which
Charles Mbire Shares cheat-code to wealth at Securities Inaugural Investor Day
Business leader Charles Mbire has set a powerful tone for Uganda’s investment community, telling participants at the inaugural SBG Securities Investor Day that integrity not physical assets is now the most valuable currency in modern business. Delivering the keynote address at the landmark event hosted by SBG Securities, a subsidiary
Court Orders MTN Uganda to Pay Shs 2.3 Billion for Malicious Prosecution of Whistleblower
The High Court has awarded more than Shs 2.3 billion to former telecom executive Richard Mwami after finding that he was maliciously prosecuted in a case that the court described as deeply unjust and improperly motivated. In a judgment delivered by Ag. Justice Bonny Isaac Teko ruled that MTN Uganda
Uganda urged to prioritise mineral processing to maximise economic gains
Uganda must accelerate investment in mineral processing and local manufacturing if it is to realise the full economic value of its vast mineral resources, industry leaders have said. The call was made during the Uganda Catalyst Summit 2026, where policymakers, industry players and investors argued that exporting raw minerals continues
