Uganda Poised for Rapid Export Growth Under AfCFTA
As Uganda continues to champion deeper regional and continental integration, a key message emerged during the recent International Buyers’ Week organized by PACIED. His Excellency Wamkele Mene, Secretary General of the African Continental Free Trade Area, emphasized that AfCFTA is opening new possibilities for nations such as Uganda. According to
SBIL Graduates First Cohort of Women-Led Green Enterprises
The Stanbic Business Incubator Limited (SBIL) has successfully concluded training for Cohort one of the Green Businesses and Jobs for the Green Transformation Project, a flagship initiative aimed at empowering women-led enterprises advancing environmental sustainability. More than 32 women-led green enterprises pitched their transformative business plans, demonstrating how they intend
Vodacom acquires US$2.1 billion stake in Safaricom
Vodacom Group has announced a landmark transaction that will significantly increase its ownership in Safaricom, reinforcing its commitment to the fast-growing East African markets of Kenya and Ethiopia. Under the terms of the deal, Vodacom has entered into an agreement with the Government of Kenya to acquire 15% of Safaricom
Kampala to Cape Town: Kayoola E-Coach Lands in Gaborone
The “Made in Uganda Grand Trans-Africa Electric Expedition” arrived triumphantly in Botswana’s capital, Gaborone on Day 13, with MTN Uganda playing the pivotal role of providing the expedition’s entire digital backbone across six countries. As the connectivity partner for the historic 13,000 km round-trip journey from Kampala to Cape Town
dfcu Bank Powers Agent Success with Loan Collaboration with MTN and Letshego
MTN Mobile Money (U) Limited, in partnership with Letshego Uganda and dfcu Bank, has announced the launch of two innovative agent loan products designed to provide instant access to working capital for mobile money agents across the country. The new offerings, the dfcu Bank Weekend Agent Loan and the Agent Loan Float
Masaka School for the deaf gets computers and scholastic materials to boost their learning
Staff members of Stanbic have donated an assortment of items to Masaka School for the Deaf as part of the celebrations to mark the International Children’s Day. While handing over the donation, Grace Semakula, the Chief Executive of SBG Securities said, “At Stanbic Bank Uganda, we are driven by our
Speaker Tayebwa Inspects Africa Coffee Park Ahead of Museveni’s Visit
The Deputy Speaker of Parliament, Rt. Hon. Thomas Tayebwa, today visited the Africa Coffee Park in Rwashamaire, Ntungamo District, to assess ongoing developments ahead of the forthcoming visit by H.E. President Yoweri Kaguta Museveni. The visit underscores Parliament’s continued commitment to supporting strategic value-addition initiatives that position coffee as a
AAR Health Services (U) Ltd secures IRA License as a Non-Life Insurer, transforming Uganda’s Insurance Landscape
In a significant development for Uganda’s insurance sector, AAR Health Services Uganda Limited (AAR) has officially transitioned into a fully licensed non-life insurer, following official licensing by the Insurance Regulatory Authority of Uganda (IRA) as a General Insurance Company. This development marks a pivotal achievement for AAR as it evolves
Stanbic Bank and FinCom Unveil Digital Lending Partnership For Ugandan Schools
Stanbic Bank Uganda has announced a transformative partnership with FinCom Technologies, the creators of the SchoolPay platform, to deliver the first fully digital lending solution for schools in the country. The collaboration gives thousands of private education institutions immediate access to pre-scored, cashflow-aligned financing, directly through a platform they already
DTB Secures Sport Award of the Year at Annual Bankers’ Awards
Diamond Trust Bank (DTB) has been named the winner of the Sport Award of the Year at the inaugural Annual Bankers’ Awards. The awards, organized by the Uganda Bankers’ Association (UBA) in partnership with the Uganda Institute of Banking and Financial Services (UIBFS), were held at the Mestil Hotel in Kampala.
