Uganda Baati Tops Building, Construction and Housing Sector at UMA Trade Fair
Uganda Baati took center stage at this year’s 31st Uganda International Trade Fair, taking home accolades in recognition of its commitment to industrial excellence and sector leadership. Matia Kasaija, Minister of Finance, Planning and Economic Development presented the top honor of Best Sector Exhibitor in Building, Construction & Housing Technology to
DRC Seeks Investors to Unlock 90% of it Untapped Minerals
The Democratic Republic of Congo (DRC) is seeking investment partners to unlock 90% of its mineral resources which remain untapped. Speaking at African Mining Week 2025 in Cape Town, Louis Watum Kabamba, DRC Minister of Mines, urged industry leaders to partner with the country in driving sustainable mining sector growth.
UAP Old Mutual Rebrands, Reinforces Commitment to Uganda
UAP Old Mutual has rebranded to Old Mutual, marking an exciting new chapter for the business in Uganda. The transition is part of a Group-wide rebrand that unifies all operations across Africa under one trusted and recognisable brand – Old Mutual. Speaking at the launch, Zaccheus Kisesi, the Investment Group
Currency in Circulation Hits Shs 8.9 Trillion as BOU Spends Shs 193.7 Billion on New Notes
The Bank of Uganda (BOU) spent Shs 193.76 billion to print new banknotes in the 2024/25 financial year, a significant rise from Shs 174.21 billion in the previous year, according to the BOU Integrated Annual Report released in October 2025. An additional Shs 9.8 billion was spent on minting coins,
Pension Funds Unite to Finance Africa’s Growth as Aid Declines
For the first time, pension funds across Africa are joining forces to pool domestic resources toward the continent’s development needs reducing reliance on traditional foreign aid and funding. The initiative, dubbed the “Development Fund for Africa”, will be unveiled at the upcoming “$700 Billion in One Room” All Africa Pensions Summit,
Coca-Cola Beverages recognised with Bronze Employer of the Year Award
Coca-Cola Beverages Uganda (CCBU) has been recognised for its commitment to job creation in the country with the Bronze Employer of the Year Award by the Federation of Uganda Employers (FUE). FUE is the recognised voice of employers on social and economic issues, both locally and internationally. It is the
Coca-Cola Beverages Uganda raises the bar for safety
Coca-Cola Beverages Uganda (CCBU) has once again set the standard for safety after receiving three NOSCAR Awards at a ceremony held in South Africa recently. NOSCAR Awards are the highest level of recognition for occupational health and safety, awarded by NOSA, a leading provider of occupational health and safety training,
Uganda Sets date for Launch of Shs 13.7 trillion Oil Refinery
Uganda’s oil refinery is scheduled to begin operations in the fourth quarter of 2029 or the first quarter of 2030, according to Michael Nkambo Mugerwa, General Manager of Uganda Refinery Holding Company. Speaking during the Invest in Uganda panel sponsored by Uganda National Oil Company (UNOC) at African Energy Week
Uganda Powers Africa’s Coffee Surge Amid Global Slowdown
Exports of all forms of coffee from Africa rose by 4.1 percent in August 2025, reaching 1.9 million bags, up from 1.83mln bags in August 2024, according to the latest International Coffee Organisation (ICO) report. The ICO Coffee Market Report for September 2025 mentions Uganda as the primary driver of
TotalEnergies, Chevron Push for Faster Permits and Seismic Data
Africa’s oil and gas sector could be on the brink of a new exploration renaissance, driven by advances in seismic imaging, frontier data sets and faster permitting, industry leaders said at Africa Energy Week (AEW): Invest in African Energies 2025 in Cape Town. According to Emmanuelle Garinet, VP of Exploration
