China has solidified its position as one of Uganda’s top foreign investors, injecting over $800 million (approximately Sh2.96 trillion) into the economy by the end of 2024. This influx of …
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Banking & SavingsLatest NewsNews
Court Orders Standard Chartered to pay sh50m in damages for failure to disburse a mortgage facility.
The Court ordered Standard Chartered to pay UGX 50,000,000 in damages for failure to disburse a mortgage facility despite the Plaintiffs having met all the requirements. The Court found that …
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Umeme Ltd’s 20-year power distribution concession in Uganda officially ends in March 2025. This presents uncertainty, opportunities, and risks for investors worldwide. Umeme Limited’s stock is cross-listed on the Uganda …
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EnergyLatest NewsNewsTechnology
Uganda’s Green Future: Kiira Motors and Rotary Collaborate for sustainable mobility
As the world increasingly turns its attention toward sustainable solutions, Uganda is positioning itself as a leader in green mobility. At the forefront of this movement is Kiira Motors Corporation …
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Years ago, I ran into an old friend with whom I had studied. As expected, we got to talking. We chatted about life and career, and then the subject of …
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The National Environment Management Authority (NEMA) has launched the second edition of the National Environment Sustainability Awards. The awards aim to recognize and celebrate outstanding contributions to environmental sustainability in …
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Latest NewsNews
Human capital and skills gap: Why businesses are struggling to find the right people.
In Uganda, just like in many other parts of the world, businesses are facing a growing challenge, the difficulty of finding the right people with the right skills to fill …
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Uganda’s economic performance in the month of 2025 presents a mixed picture of both challenges and resilience. Rising inflation, currency depreciation, and a slowdown in private sector activity have raised …
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With less than a month remaining before the Uganda Electricity Distribution Company Limited (UEDCL) officially takes over the country’s electricity distribution from UMEME Limited on April 1, 2025, businesses across …
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Uganda’s banking sector has entered a new phase with the appointment of Michael Atingi-Ego as Governor of the Bank of Uganda (BoU) and Professor Augustus Nuwagaba as Deputy Governor. President …