MTN switches on solar power to cut emissions
MTN Uganda has commissioned a state-of-the-art solar power system at its headquarters in Kampala, marking a significant step in its drive to reduce carbon emissions, improve energy efficiency and cut reliance on conventional power sources. The installation, valued at more than $370,000, comprises 1,188 solar panels with a total installed
dfcu Bank backs Ojok’s coffee push as Northern Uganda turns to agribusiness for transformation
dfcu Bank is deepening its support for agricultural transformation in Northern Uganda, backing young farmer Alfred Ojok’s expanding coffee venture as part of a broader push to unlock agribusiness potential under Uganda’s National Development Plan IV (NDP IV). Uganda is targeting an economic leap from about $50 billion to $500
Closing the Gap Between Digital Awareness and Real Adoption in Mukono’s MSMEs.
By Ambrose Dillan Masengere In Mukono, digital tools are no longer unfamiliar to small business owners. Mobile phones, social media pages and mobile money platforms are firmly embedded in everyday enterprise operations. Yet for many micro, small and medium enterprises (MSMEs), these tools remain underutilized. Present in business activity, but
Govt Softens Stance on Trade Order, Pledges New Markets for Displaced Vendors
Government has moved to reassure traders affected by the ongoing Trade Order enforcement, pledging alternative trading spaces as concerns mount over the methods being used to clear vendors from urban streets. The commitment was made by the Permanent Secretary in the Ministry of Local Government, Ben Kumumanya, during a high-level
KCB Unlocks Shs 4bn Tax Lifeline for Oil Firms as Uganda Nears First Oil
With Uganda’s first oil production drawing closer, KCB Bank Uganda has stepped in with a Shs 4 billion unsecured tax bridge financing facility aimed at easing cash flow pressures for companies operating in the oil and gas value chain. The financing is part of a wider package of sector-specific solutions
Airtel Money Taps Virunga Marathon to Accelerate Uganda’s Cashless Shift
Airtel Money Uganda has turned to the Virunga Gorilla Marathon to deepen the push for digital payments, unveiling a partnership that makes it the exclusive payment provider for the high-profile race. The deal positions the telecom’s mobile financial service at the centre of one of Uganda’s most unique sporting events,
Shilling weakens as dollar demand intensifies, global tensions rattle markets
The Uganda shilling came under renewed pressure during the week, weighed down by sustained dollar demand from corporates, commercial banks and select offshore players, market analysts have said. By Friday, the local currency was trading at around 3,715/3,725, weaker than the previous week’s close of 3,695/3,705. According to Richard Nsubuga,
Uganda’s Coffee Exports to China Surge 60% as Focus Turns to Value Addition
Uganda’s coffee exports to China have grown by more than 60% in the second half of 2025, officials have said, as the country gradually shifts its strategy from simple trade promotion to attracting deeper investment in processing and agro-industrial development. The sharp increase reflects rising demand for Ugandan coffee in
Court orders Airtel to pay Shs 1 billion in tax dispute
The Commercial Division of the High Court has ordered Airtel Uganda Limited to pay Shs 1.09 billion in additional taxes arising from the importation of telecommunications equipment. In a ruling delivered by Justice Stephen Mubiru, the court upheld the Uganda Revenue Authority’s (URA) decision to reassess the value of imported
Horticultural Farmers Seal Deal to Export Chilli, Hot Pepper to Europe
Horticultural farmers in the Bunyoro Region have moved a step closer to international markets after entering a joint venture with local exporter KK Foods to supply fresh produce to Western Europe, including the United Kingdom. The farmers, operating under the Albertine Farmers Association (AFA), signed a Memorandum of Understanding (MoU)
