Access Bank completes acquisition of Standard Chartered’s retail division
Access Bank Tanzania has announced the successful completion of its acquisition of the Consumer, Private, and Business Banking division of Standard Chartered Bank Tanzania, following receipt of all regulatory approvals. The transaction marks a significant step in Access Bank Tanzania’s strategic growth, positioning it as a full-service commercial bank committed
Diageo Academy Equips over 1,600 Ugandans with Hospitality Skills
In a drive to standardise the hospitality industry and elevate service excellence, Uganda Breweries Limited (UBL), through its Diageo Bar Academy (DBA) 2025 training programme, is equipping bartenders, waiters, and waitresses across the country with critical industry skills. According to Steven Baguma, UBL’s Reserve Ambassador, the intensive two-month training initiative
World Bank Group, IAEA Formalize Partnership to Collaborate on Nuclear Energy for Development
The World Bank Group and the International Atomic Energy Agency (IAEA) sealed an agreement today to work together to support the safe, secure and responsible use of nuclear energy in developing countries. The partnership agreement, signed by World Bank Group President Ajay Banga and IAEA Director General Rafael Mariano Grossi,
Tech Talent Takes Centre Stage at the Refactory Digital Solutions Expo 2025
Refactory Academy hosted Uganda’s premier showcase of locally built technology at the Digital Solutions Expo 2025, under the powerful theme: “Tech Made in Uganda.”, at the National ICT Innovation Hub. The Digital Solutions Expo was designed as a platform to showcase industry-ready software products developed by Refactory apprentices (junior developers).
Uganda overtakes Ethiopia to become Africa’s top coffee exporter
Uganda has become Africa’s leading coffee exporter after overtaking Ethiopia for the first time in recent history, according to data released by the Ministry of Agriculture, Animal Industry and Fisheries. In May 2025 alone, Uganda exported 793,445 60-kilogram bags of coffee, equivalent to 47,606.7 metric tons, earning approximately USD 243
Mystery as Shs 192 Million Disappears from FINCA Bank
In the quiet hours before dawn, a well-orchestrated heist struck the FINCA Bank branch in Nakasongola, leaving behind more questions than answers and a vault lighter by over Shs 192 million. According to Sam Twiineamazima, spokesperson for the Savannah Regional Police, the thieves executed the robbery with chilling precision, escaping with Shs 192,587,800,
Central Banks Pivot to Gold as Confidence in Dollar Wavers
The global economic order is under strain, and public investors are responding. Just a year ago, central bank reserve managers overwhelmingly favored the U.S. dollar. Many were also prepared to take on more risk to boost returns. Today, that narrative has shifted: the dollar’s dominance is being questioned, and gold
MTN Uganda supports vulnerable children in Tooro Kingdom as it concludes 21 Days of Y’ello Care
MTN and partners –Bayobab Uganda, Maendeleo Foundation, Clinic Pesa, MUBS Entrepreneurship, Towerco of Africa Uganda Limited, Transtel, Daj, EBO Financial Services, and Pro bono – extended a range of support to Tooro Kingdom as it concluded the 2025 edition of its annual staff volunteerism campaign, 21 Days of Y’ello Care. The
Coca-Cola renews hydration partnership for the 2025 Rwenzori Marathon
Coca-Cola Beverages Uganda (CCBU) is going the distance in its partnership with the Tusker Lite Mount Rwenzori Marathon as it once again steps forward as the official hydration partner for the upcoming fourth edition of the race. The marathon, known for its scenic route and cultural immersion, will take place
New Study Shows the Coca-Cola System has an Economic Impact of $10.4 Billion Across its Value Chain in Africa, Supporting More Than 1 Million Jobs
The Coca-Cola Company today announced the results of a comprehensive, Africa-wide socio-economic impact study during the 2025 U.S.-Africa Business Summit in Luanda, Angola. The study shows that the Coca-Cola system, made up of The Coca-Cola Company and its authorized bottlers, working with a wide network of suppliers, manufacturers, service providers and
