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Grace Muliisa: The Ecobank Uganda MD putting people first in banking

Grace Muliisa: The Ecobank Uganda MD putting people first in banking

In the fast-paced world of banking, where numbers often take precedence over people, Grace Muliisa is leading with a different approach one that prioritises service, community, and innovation.As the Managing Director of Ecobank Uganda since 2021, she has set herself apart by focusing on pe

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Man Sentenced to Two Years for Withdrawing She848million Mistakenly Deposited in His Account

Man Sentenced to Two Years for Withdrawing She848million Mistakenly Deposited in His Account

In a landmark ruling at the Nakasero-based Anti-Corruption Court, Justice Lawrence Gidudu sentenced Ronald Jimmy Ajuk, proprietor of Smart Parking Technology, to two years in prison.Ajuk was convicted of unlawfull

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	Why MTN is at loggerheads with URA in Shs 1.5 trillion tax stalemate

Why MTN is at loggerheads with URA in Shs 1.5 trillion tax stalemate

For the past five months or so, Uganda Revenue Authority (URA) has been at loggerheads with Uganda’s biggest telecommunications company, MTN.This follows an audit carried out by SafariTech - a Kenyan company tha

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Absa in push to ease access to electric motorcycles

Absa in push to ease access to electric motorcycles

Financial technology company, Mogo, has said it has obtained a loan facility from Absa to ease access to electric motorbikes. The company, which indicated that it had previously benefited from Absa’s financing at the group level, said the first tranche of Shs5b had been disbursed.

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Nakawa East: Who will be Balimwezo’s rival?

Nakawa East: Who will be Balimwezo’s rival?

When the ruling National Resistance Movement (NRM) government gerrymanders constituencies, the official explanation given is that such a move is intended to bring services closer to the people and ensure fair distribution of resources among Ugandans.  The same explanation was given wh

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Uganda inks Shs500b deal to construct major 97km road

Uganda inks Shs500b deal to construct major 97km road

Government and Citibank Uganda have signed a multibillion ten-year financing agreement for construction of the 97km Lusalira-Nkonge-Lumegere-Ssembabule Road, which is scheduled to start before the end of 2025. The financing agreement signed on Friday is for the project expected to cost S

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Top sustainability strategies for small businesses

Top sustainability strategies for small businesses

The growth of small and medium enterprises (SMEs) in Uganda has reached an all-time high, with an estimated 1.1 million SMEs operating across various sectors, according to a World Bank report. Despite this growth, one-third of Ugandan SMEs, especially small businesses, fail to survive their

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Wealth-Building 101: Golden rules of investing

Wealth-Building 101: Golden rules of investing

As you near retirement age or contemplate an early retirement, you are faced with significant decisions that bring various financial concerns to the forefront. You might find yourself wondering, "Will I be able to maintain the lifestyle I desire in retirement?" or "What amount can I comforta

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Women entrepreneurs get Shs18b GROW loans in one month – Amongi 

Women entrepreneurs get Shs18b GROW loans in one month – Amongi 

The Growth Opportunities and Productivity for Women Enterprises (GROW) Project has disbursed Shs18.9b in loans to 1,193 women entrepreneurs across Uganda, Minister of Gender, Labour and Social Development, Ms Betty Amongi, announced. "The 83 per cent loans going to women in small busines

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Tropical bank, IT Office Ltd bosses in panic as Sudhir demands payment for Shs 21 billion loan

Tropical bank, IT Office Ltd bosses in panic as Sudhir demands payment for Shs 21 billion loan

There’s panic at Tropical Bank Uganda Limited and its client IT Office [U] Limited after the later failed to pay back a loan the former secured.IT Office Uganda Limited took a loan of Shs 6.840 billion from Prim

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