The new upgraded Gulu substation Government has come under fire for paying US$118Million (UGX428.990Bn) to UMEME Limited as buyout amount at the end of its concession in March 2025 yet the same company owes Uganda Electricity Transmission Company Limited (UETCL) UGX600Bn. Parliament’s Committee on Environment and Natural Resources, notes that
Read MoreBusinessFocus Reporter
Africa’s Agrifood Systems Will Be Transformed By The Leadership, Resilience And Visionary Young People
By Alli Faiza Across Africa, young women and men are tilling soil with one hand and carrying other responsibilities on the other hand. In local markets, some are turning baskets of produce into budding agribusinesses that feed families and spark local economies. These young farmers rooted in their fields and
Read MoreRamathan Ggoobi speaking at the Old Mutual rebranding event The Permanent Secretary, Ministry of Finance, Planning and Economic Development, Ramathan Ggoobi, has commended Old Mutual for supporting financial wellness in Uganda. On Wednesday, UAP Old Mutual officially rebranded to Old Mutual, marking an exciting new chapter for the business in
Read MoreEng. James Kasigwa, the UNBS Executive Director casting his vote The Executive Director of Uganda National Bureau of Standards (UNBS), Eng. James Kasigwa has been elected as a Council member of the International Organization for Standardization (ISO) for the period, 2026 to 2028. The election exercise that saw Uganda prevail
Read MoreThe Bank of Uganda and the Ministry of Finance are in the process of reforming the Small Business Recovery Fund (SBRF), which was established to support enterprises affected by the economic disruptions caused by the COVID-19 pandemic. The SBRF complements the Agricultural Credit Facility (ACF), a ten-year-old initiative designed to
Read MoreUCC Executive Director, Nyombi Thembo (2nd Right) speaking at the launch of SimuKlear system A new system designed to block stolen mobile phones from operating has been launched by the Uganda Communications Commission (UCC). Known as SimuKlear, the initiative aims to eliminate the sale and use of stolen or counterfeit
Read MoreRochart Kaweesa (far left) brand manager V&A, Hillary Baguma (center), brand manager, Mainstream Spirits at Uganda Breweries Limited, With the Miss Uganda team Uganda Breweries Limited (UBL) has reaffirmed its commitment to inclusivity, diversity, and women's empowerment as it welcomed the newly crowned Miss Uganda 2025, Ms Trivia Elle Muhoza,
Read MoreEast African Business Leaders, Investors & Experts Meet In Kampala To Chart Path To Regional Growth & Resilience
Stanbic Bank's Mumba Kalifungwa, Patrick Mweheire, Damoni Kitabire and the State Minister of Foreign Affairs Hon. Hillary Okello Oryem during the summit Over 400 business leaders, policymakers, investors, and regional integration experts are gathered in Kampala for the 3rd Stanbic East Africa Business Summit, a premier platform focused on unlocking
Read MoreEquity Bank Targets Schools To Protect The Environment By Supporting Tree-Planting Initiatives
Gift Shoko, the Managing Director Equity Bank planting a Tree at St. Julian Secondary School As early as 4:30am, Divine Kobusigye the Senior Five Mobiliser at St. Julian Secondary School was already dressed in her sparkling well pressed white Shirt and Kaaki skirt. She was beaming with a sheepish smile
Read MoreMercy K. Kainobwisho, Registrar General at URSB The Uganda Registration Services Bureau (URSB) has achieved a significant milestone in the protection of intellectual property rights, the gazettement of the Copyright and Neighbouring Rights (Amendment) Regulations, S.I. No. 73 of 2025. The amended Regulations, which came into effect on 26th September
Read More
