Category: Business

Stanbic Launches New Mortgage Solution to Breaks Financing Barrier to Home Ownership

Stanbic Launches New Mortgage Solution to Breaks Financing Barrier to Home Ownership

Stanbic Bank has introduced a preapproved mortgage financing solution that empowers existing clients with up to shs 500 million—without the need for the traditional loan application process.“Homeownership should not be a privilege for a few—it should be an achievable milestone for ev

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MTN Backs Lugazi Diocese With Shs15m, safety Gear for Martyrs Day

MTN Backs Lugazi Diocese With Shs15m, safety Gear for Martyrs Day

MTN Uganda has donated Shs15 million and 500 reflector jackets to Lugazi Diocese as part of its support for the 2025 Catholic Martyrs Day celebrations, set to take place in Namugongo.The handover took place on Thursday, May 15, at the diocesan offices, where Msgr Richard Kayondo, Vicar Gen

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Experts Urge Business Leaders to Embrace Technology as a Tool for Transformation

Experts Urge Business Leaders to Embrace Technology as a Tool for Transformation

Experts have urged corporate leaders across Uganda to shift their mindset on technology, viewing it not as a threat to employment but as a powerful tool for business transformation and economic progress.Speaking at the 2025 C-Suite Forum organized by the Institute of Certified Public Accou

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From Local Vendor, Mulaliira Scales Ranks to Become Official Coca Cola Distributor

From Local Vendor, Mulaliira Scales Ranks to Become Official Coca Cola Distributor

When David Mulaliira first weighed the risks of launching a soft‑drink distribution business, he knew he needed a partner whose reputation spoke for itself.As owner of Vinegarden Enterprises dealing in school supplies, construction materials, and consulting services, he had built small s

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Museveni Commissions Rwenzori Industrial Hub

Museveni Commissions Rwenzori Industrial Hub

President Museveni has officially commissioned the Rwenzori Presidential Initiative Industrial Hub located in Mubuku, Kasese District.The state-of-the-art facility is part of a nationwide strategy to equip Ugandan youth with practical vocational skills, complementing the country’s f

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MTN Pays shs42.5bn in Statutory Levy to UCC

MTN Pays shs42.5bn in Statutory Levy to UCC

MTN Uganda has paid Shs 42.5 billion to the Uganda Communications Commission’s (UCC) Universal Service and Access Fund (USAF) as its statutory levy.The amount represents 2% of MTN Uganda’s gross annual revenue for the financial year ending 31 December 2024, in compliance

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Rwenzori Mountains of the Moon Coffee Elevates Uganda’s Agricultural Exports

Rwenzori Mountains of the Moon Coffee Elevates Uganda’s Agricultural Exports

Uganda is launching a transformative initiative to protect and promote its first-ever Geographical Indication (GI), the Rwenzori Mountains of the Moon Coffee.This strategic move not only sets a new era for Uganda's coffee industry but also significantly enhances the livelihoods of local fa

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Demand for Data Centres Goes up as Uganda’s Digital Revolution Takes Shape

Demand for Data Centres Goes up as Uganda’s Digital Revolution Takes Shape

Experts have said demand for data centres will continue going up as Uganda’s digital revolution takes shape.Uganda is on the cusp of a digital revolution, with citizens, businesses, and the government embracing technology to redefine the economic landscape.Speaking on Tuesday, off

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UAP Old Mutual Goes Digital with Online Motor, Travel Insurance Portals

UAP Old Mutual Goes Digital with Online Motor, Travel Insurance Portals

UAP Old Mutual Insurance has officially launched its new online motor and 

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Stanbic Consumer Conference Warns Raw Export , Govt Rallies Behind Agro-Industrialisation

Stanbic Consumer Conference Warns Raw Export , Govt Rallies Behind Agro-Industrialisation

The Stanbic Consumer Conference rang bells over Uganda’s slow progress towards agro-industrialisation, as government officials, financial leaders, and policymakers gathered to confront the challenges undermining the country’s agricultural potential.Held under the theme “Accelerating

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