The first quarter of the year ended with a largely positive outlook as strengthening customer demand continued to drive improvements in business conditions in the Ugandan private sector, according to…
PostBank Uganda has today announced its financial results with a 19% increase in net profit for the year ended December 31st, 2022. The state-owned bank reported a net profit of…
At the beginning of April, despair went through a cross section of Uganda’s private sector. This was after the government decided to reduce the planned budgetary allocation for payment of…
Non-Governmental Organisations(NGO) play a critical role in the socioeconomic development of a country, whether that be the creation of citizen agency or creating employment for thousands of citizens. In the…
Charity Kamusiime is a Ugandan qualified professional marketer with over a decade of practical marketing experience. She is the current Group Marketing Manager-Consumer Banking, Customer Engagement and Support functions of…
Government is set to pay US$215 million to acquire majority shares of power distributor, Umeme. The move comes as Umeme’s 20 year contract comes to a close in 2025,…
Uganda Development Bank (UDB), the country’s national Development Finance Institution, in partnership with Ensibuuko, European Union, United Nations Capital Development Fund (UNCDF), and Food and Agriculture Organization (FAO) launched a…
With effect from July 1, 2023, all vehicle registration functions will be handled by the Ministry of Works and Transport (MoWT). This move is the final stage in the transition…
dfcu Bank has appointed Mr. Charles M. Mudiwa as Managing Director and Chief Executive Officer, effective 11th April 2023. Charles brings on board over 26 years of experience in Banking,…
Dr. Eng. Andrew Naimanye, Executive Director of Uganda Road Fund has been elected Vice president of the African Road Maintenance Funds Association (ARMFA) for the period 2023 to 2025. This…