Aliker appointed Head of Africa Region at Standard Bank Group
Ugandan investment banker Anne Aliker has been appointed Head, Africa Regions – Corporate and Investment Banking (CIB) at Standard Bank Group, Africa’s largest bank by assets. Her appointment underscores the Group’s long-standing commitment to developing African leaders to drive Africa’s growth and reflects the rising influence of Ugandan professionals within
Coca-Cola HBC signs $2.6 billion deal to acquire 75% of Coca-Cola Beverages Africa
Coca-Cola HBC has announced the signing of an agreement to acquire a 75% stake in Coca-Cola Beverages Africa (CCBA) from The Coca-Cola Company (TCCC) and Gutsche Family Investments (GFI) for a total consideration of $2.6 billion. The deal values CCBA at $3.4 billion, marking one of the largest transactions in the recent
Airtel Africa Partners with ITU to Boost Digital Skills Development
The Airtel Africa Foundation has partnered with the International Telecommunication Union (ITU), the Rwanda Information Society Authority (RISA), and Cisco on a joint initiative to advance digital skills development and capacity building under the Digital Transformation Centres (DTC) Initiative. The partnership seeks to bridge the digital divide and promote digital
Absa Bank Acquires Standard Chartered’s Retail Banking Business
Standard Chartered Bank Uganda and Absa Bank Uganda have entered into an agreement for the sale of Standard Chartered’s Wealth and Retail Banking (WRB) business portfolio in Uganda. This development follows Standard Chartered’s November 27, 2024 announcement of its intention to explore a potential sale, in line with the bank’s
Nakaseke Farmers Partner with Heifer International to Boost Dairy Production
By Timothy Nsubuga Grace Kansiime, a dairy farmer in Ngoma Town Council, knows all too well the devastating effects of drought, which has claimed her cattle and crippled her dairy sales — her main source of livelihood. “When we were struck by drought, our animals had nothing to eat, and
Wendi, FlexiPay, Integrate to Drive Digital Financial Inclusion
In a landmark partnership that signals collaboration over competition, Pearl Bank Uganda (formerly PostBank Uganda), a leading government-owned financial institution and Stanbic Bank Uganda, the country’s largest commercial bank, have announced the integration of their digital wallets — Wendi and FlexiPay. Collectively, both platforms serve over a million users offering
MTN unveils newly branded Roundabout in Arua
MTN Uganda has unveiled a newly rebranded roundabout in Arua City and reopened its modernised MTN Service Centre as part of its ongoing commitment to enhance customer experience and contribute to urban beautification across Uganda. The two developments, launched during Customer Service Week, reflect MTN’s continued investment in infrastructure, customer
Uganda’s coffee prices hold steady despite global market surges
Uganda’s coffee sector has shown optimistic performance as global Arabica prices surged while the country’s premium Bugisu AA grade held steady. This is according to the latest Daily Coffee Market Analysis Report issued by the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF). The report, released on Monday showed that
Bank of Uganda Wins CEO Golf Challenge as Annual Bankers’ Sports Gala Kicks Off
The Uganda Institute of Banking and Financial Services (UIBFS), in partnership with the Uganda Bankers Association (UBA), is hosting the 2025 Annual Bankers’ Sports Gala under the theme “Beyond the Finish Line.” The sports activities commenced with a 30-day fitness challenge on 5th September 2025 at the UBA offices. This
Indomie Crowned Most Preferred Noodles Brand in East Africa
Indomie Instant Noodles has been named the Most Preferred Noodles Brand in East Africa at the 2025 East Africa Brand Quality Awards (EABQA), held at the Golf Course Hotel in Kampala. This prestigious recognition reaffirms Indomie’s position as a trusted, consistent, and proudly homegrown favorite across the region. Marking its
