The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% signalling a cautious “wait and see” approach in response to growing global economic uncertainty most notably the unresolved US-China trade tensions.The decision comes despite Uganda’s relatively strong econ
Telecom giants, Airtel Uganda has paid shs37.9billion to the Uganda Communications Universal Service and Access Fund for the year 2024 towards extending communications to the unserved and underserved communities.The shs37.9billion is more than the shs34.8 billion that the company paid last
Agriculture development agency AGRA has reiterated its unwavering commitment to transforming African agriculture, emphasizing the need for enhanced investment in smallholder farmers against a backdrop of increasing global instability and evolving development support.The recent shift in glo
Let me take you back to a conversation I overheard between two Taxi commuters in Kampala not long ago. Two passengers, clearly regulars on the route, were swapping war stories of traffic, transport costs, and landlords.One said, “Eh, I pay Shs300,000 rent in Seeta, but every day I lose t
Whether you're a local or an expat living in Uganda, you most likely use the internet on a daily basis for work, shopping, streaming, and chatting.However, most individuals are unaware of this fact: every time you go online, your browser history, personal information, and even bank account
MTN Uganda is undertaking a significant nationwide network upgrade initiative aimed at substantially improving the reliability and speed of its voice, data, and mobile money services.This ambitious project seeks to deliver a more seamless and enhanced digital
Officials have hailed the 30 year transformation journey of Pride Microfinance which has seen it transform into a tier two bank.Speaking during a dinner held at Kampala Serena Hotel on Friday, The Pride Bank, board chairman, Fred Jachan Omach said the bank celebrates three remarkable decad
First Insurance Company Limited (FICO) has rebranded to Mirai General Insurance.This was during an event held at Four Points by Sheraton Hotel in Kampala, FICO’s acquisition by Pride Global, a dynamic Singapore-based multinational insurance and financial services group.T
A newly released white paper by the Coalition Against Illicit Alcohol Uganda (CAIA-UG) in collaboration with Arrow Empirical Research Institute has uncovered a nationwide crisis, painting a sobering picture of the scale, causes, and consequences of illicit alcohol consumption in Uganda.Tit
I& M Bank Uganda and Kenya Airways have announced a special discount for customers on international tickets.Customers can now enjoy up to 15% off international flights (worldwide) to select destinations when they book with their I& M mastercards.This campaign sales peri
