AfDB approves $19.85 million grant for crisis response to the most vulnerable in Sudan’s conflict areas
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
Court Orders MTN to Pay Shs 11.1 billion for Breach in SMS Content Deal
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,
Coca-Cola Beverages promotes water stewardship with efficiency measures
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
Unilever Launches Royco Cube Ku String in Mbale
Building on the momentum of successful launches across Uganda, Unilever Uganda has introduced the Royco Cube Ku String to the Eastern region with a vibrant activation at Bugwere Market in Mbale. This initiative underscores Unilever’s commitment to bringing innovation closer to its consumers and celebrating the vital role they play
MTN equips Bugiri School with computer lab as part of Shs 285 million digital inclusion initiative
MTN Foundation has handed over a fully equipped computer lab to Town View PEAS High School in Bugiri District—marking a significant milestone in the effort to bridge Uganda’s digital divide. The state-of-the-art facility, comprising 30 modern computers, a full year of free internet connectivity, security cameras, and a reliable power
Ugandan Shilling Stabilizes Amid Balanced Market Activity and Central Bank Intervention
The Ugandan shilling maintained a stable trading range between 3660 and 3675, supported by subdued and balanced market activity. This stability follows a significant market correction from last week’s local unit lows of 3730/3740, and a gradual appreciation that closed the week at 3660/3670. The Bank of Uganda intervened in
Afreximbank Hosts Inaugural FOCUS Africa Trade and Investment Forum to strengthen economic integration in Africa
The African Export-Import Bank (Afreximbank) in collaboration with the Ministry of Planning, Economic Development and International Cooperation (MoPEDIC) of Egypt and the Group of African Ambassadors in Cairo, is hosting the inaugural FOCUS Africa Trade and Investment Forum from 15 to 16 April 2025 at the Dusit Thani Hotel, Cairo,
Standard Chartered, Innovation Village Launch Women in Tech Accelerator Program
Uganda’s entrepreneurial landscape is set to receive a significant skilling and financial boost following the launch of the Women in Tech Uganda Accelerator Program, an initiative of Standard Chartered Foundation in partnership with Standard Chartered Bank, Village Capital and Innovation Village, implemented by Future Lab. This three-year initiative is designed
MultiChoice Uganda Launches new Packages under ‘Ka Weekie’ Campaign
MultiChoice Uganda announced the launch of its new 7-day subscription packages for DStv and GOtv subscribers. The ka Weekie campaign as it has been dubbed, is an exciting new initiative designed to provide more affordable, flexible payment options to customers who want to watch the best entertainment without committing to
Henry Tumusiime Appointed Human Capital Director at Absa Bank Uganda
Absa Bank Uganda has announced the appointment of Henry Tumusiime as its new Human Capital Director, effective 16 April 2025. Henry brings with him over 18 years of experience in organizational leadership and development, human resource management, and cultural transformation. He joins Absa Bank Uganda from Abacus Pharma (Africa) Limited,
