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Time Magazine Names Standard Bank Among World’s Best Companies

Time Magazine Names Standard Bank Among World’s Best Companies

Kampala, Uganda – Stanbic Uganda’s mother company—Standard Bank Group, which is also Africa’s largest bank by assets, has been recognised as one of Time Magazine’s World’s Best Companies and Newsweek’s World’s Most Trustworthy Companies. TIME and Newsweek are esteemed media organisat

Ultimate Uganda

PRIMEIs the EU coffee rule worthwhile?

PRIMEIs the EU coffee rule worthwhile?

The new regulation demanding coffee farmers and exporters to prove that the commodity did not contribute to deforestation before being allowed access to the European Union (EU) market has suddenly sent the sector regulator into an overdrive mode, if not, a state of uncertainty, Prosper Magaz

Ultimate Uganda

PRIMEUganda’s debt remains sustainable, says IMF

PRIMEUganda’s debt remains sustainable, says IMF

The International Monetary Fund (IMF) has said the political and economic contexts in Uganda are predictable and stable, and that the debt is sustainable, which puts the country in a better position for development. “The macroeconomic environment is not without challenges, with high

Ultimate Uganda

Vandals, inside theft and ageing grid damn UETCL

Vandals, inside theft and ageing grid damn UETCL

The amount of money that the Uganda Electricity Transmission Co Ltd (UETCL) spends to transmit electricity has significantly risen due to an ageing grid, a 2023 value-for-money audit by the Auditor General (AG) has revealed.The audit shows that the actual expenditure for some of the activi

Ultimate Uganda

The rising sickle cell disease burden

The rising sickle cell disease burden

Tracy Katusiime, 22, a teacher from Wakiso District was born with sickle cell disorder. She says she takes at least two different types of medicines every day to manage the condition.“My parents got to know my s

Ultimate Uganda

Five core Business areas where AI can drive Revenue

Five core Business areas where AI can drive Revenue

According to the United Nations, artificial intelligence (AI) has the potential to contribute up to $15.7 trillion to the global economy by 2030, of which $1.2 trillion could be generated by Africa. With the potential to unlock significant growth

Ultimate Uganda

Suspect dies by suicide in Alebtong police cell

Suspect dies by suicide in Alebtong police cell

A 35-year-old suspect has died by hanging at Awei Police Outpost in Alebtong District, authorities have said.The deceased, identified by police as Ronald Odongo, is a resident of Anoki village, Owalo Parish, Awei

Ultimate Uganda

PRIME What EABL’s offer to fully own UBL means

PRIME What EABL’s offer to fully own UBL means

Uganda Breweries Ltd (UBL) could soon be entirely owned by its Kenyan parent company, East African Breweries Limited (EABL), if the Tuesday tender offer to purchase its minority stake valued at Shs12.3 billion is successful.

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South Sudan signs Nile Treaty

South Sudan signs Nile Treaty

Aerial of Juba, the capital of South Sudan, with the river Nile running in the middle. Juba downtown is upper middle close to the river, and the airport can be seen upper left. The picture is from the south to the north.What it means

Ultimate Uganda

Over 12,000 Gen Zs join graft fight

Over 12,000 Gen Zs join graft fight

Some of the anti-graft protesters who were charged at Buganda Road Court and remanded to Luzira Prison on July 23, 2024. Photo | Abubaker LubowaSeveral hundreds of Gen Zs on July 27, participated in virtual and physical protests over rising corruptio

Ultimate Uganda