dfcu Bank Strengthens Commitment to Women in Business at AWE Event
dfcu Bank joined MTN Uganda and partners at the Advancing Women Entrepreneurs (AWE) Accelerator Programme event; the HER Power Tee — held at Entebbe Golf Club, to celebrate progress in women’s economic empowerment and supplier diversity. The event marked a major milestone in Uganda’s journey toward inclusive business growth, spotlighting women entrepreneurs making
aBi Finance, UIBFS launch Sustainable Finance Curriculum to boost Uganda’s financial sector
Uganda’s financial sector has been strengthened, after Tuesday’s launch of the Sustainable Finance Curriculum at the Sheraton Kampala Hotel. The Sustainable Finance Curriculum is the first comprehensive national framework designed to equip financial professionals, institutions, and stakeholders with the knowledge and practical tools required to integrate sustainability into Uganda’s financial
G20 Investment Forum opens Doors for Impactful Energy Investments
As the need to make energy poverty history becomes increasingly more urgent, the African Energy Chamber (AEC) has announced the launch of the G20 Africa Energy Investment Forum on November 21, 2025. Taking place at the Southern Sun Sandton in Johannesburg, South Africa, the forum will explore potential avenues for
Parliament clears Shs 422.7B Loan for South Sudan Power Project
Parliament has approved a US$121.96 million (Shs 422.7 billion) loan from the African Development Fund to finance Uganda’s electricity export project to South Sudan, despite sharp divisions among Members. While some legislators welcomed the project as a strategic regional investment that could generate foreign income, others warned that it would worsen Uganda’s debt
Boda Boda Rider remanded Over Shs 332M Centenary Bank Fraud
Buganda Road Chief Magistrate Ronald Kayizzi has remanded 45-year-old boda boda rider George Byaruhanga, also known as Ronald Kintu, over allegations of electronic fraud. Byaruhanga faces six charges, including electronic fraud, personation, forgery, and uttering false documents, in connection with a scheme that allegedly defrauded Centenary Bank of more than
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
