Stanbic, Buganda Kingdom partner to Empower Farmers Under ‘Mwanyi Terimba’ Initiative
Stanbic Bank Uganda has entered into partnership with the Buganda Cultural and Development Foundation (BUCADEF), the socio-economic arm of the Buganda Kingdom, to support and transform agricultural livelihoods in the region under the ambits of ‘Mwanyi Terimba’ initiative. The collaboration was formalized at a signing ceremony held at Bulange, Mengo,
Infobip Champions conversational AI to drive customer experience
Infobip has championed the use of conversational AI to transform customer experience and help businesses stay competitive, grow their customer base and drive sustainable growth. In partnership with Belva Digital, Infobip was among the top technology innovators showcased at the 6th edition of Africa’s Annual Customer Experience (CX) Conference, that
Airtel Introduces AI-Powered Spam Alert Service to Combat Digital Fraud
In a bid to fight fraud, Airtel Uganda has lunched AI-powered Spam Alert Service to offer network-level protection against fraudulent messages. The innovative service is automatically available to all Airtel customers at no additional cost, requiring no app downloads or opt-in processes. According to recent studies by the Uganda Communications
Entebbe Airport Sees Surge in Passenger Traffic
Entebbe International Airport recorded a total of 178,383 passengers in March 2025, according to data obtained by Daily Star. The figures were confirmed by Vianney Mpungu Luggya, Public Relations Officer at the Uganda Civil Aviation Authority (UCAA). Of the total, 83,661 passengers arrived, while 94,722 departed to various destinations around
IFC invests US$ 58 million in Balwin Properties to support quality housing in South Africa
IFC has announced a ZAR 1 billion (US$ 58 million equivalent) investment in South Africa’s Balwin Properties to support the property developer to build more than 16,000 houses for low-and-middle income buyers near Johannesburg, helping increase the supply of affordable housing in the country. IFC’s local currency ZAR 1 billion
African Ministers to Showcase Mineral Refining Opportunities at African Mining Week
African Mining Week (AMW) – Africa’s premier gathering for mining stakeholders, taking place from October 1-3 in Cape Town – will feature a high-level Ministerial Forum dedicated to advancing local mineral beneficiation across the continent. The session – From Extraction to Transformation: African Governments Driving Beneficiation and Value Addition –
Stanbic Bank, Umeme Lose Shs 9.2 billion Appeal Against Makubuya
The Commercial Division of the High Court has dismissed an appeal filed by Stanbic Bank Uganda Ltd and Umeme Ltd, contesting garnishee orders in favour of Makubuya William, trading as Polla Plast, over Shs 9.2 billion. The dispute dates back to 2008, when Makubuya purchased plastic manufacturing equipment from BMK
MTN’s SASE Transforms Post Bank’s Digital Operations
The deployment of MTN Uganda’s SASE Business solution has significantly enhanced Post Bank’s operational efficiency, network reliability and security, as well as customer experience. By leveraging this advanced technology, Post Bank has optimized its connectivity across 2 of its branches, ensuring secure, seamless banking operations and cost-effectiveness, as the solution
Absa Bank posts Shs 546 billion revenue in 2024
Absa Bank Uganda has posted a robust set of financial results for the year ended December 31, 2024, with profit after tax rising by 22% to Shs 178 billion. Revenue increased by 15% to Shs 546 billion, which is a reflection of strategic investments made and unwavering customer loyalty to
Court Ruling: Tight Security Guard Connived in Nile Distilleries Warehouse Theft
Blue Nile Distilleries and APA Insurance have lost a Shs 89.3 million lawsuit against Tight Security Ltd. On January 29, 2020, Blue Nile Distilleries and its insurer, APA Insurance, filed a suit in the Commercial Division of the High Court seeking to recover Shs 89.3 million following the theft of
