British national Samuel Leeds has spent £150,000 (about Shs743 million) to charter a private jet from Dubai to the United Kingdom amid rising tensions in the Middle East.Leeds, who is married to a Zimbabwean, became known in Uganda in 2024 when he donated a hospital ward worth about Shs1
NATIONALNile Breweries Limited (NBL), Uganda’s leading beer manufacturer, is pleased to announce the appointment of Ms. Olive Birungi Lumonya as Chairperson of the Board of Directors, effective January 1, 2026. Ms. Lumonya assumes the position following the untimely passing of Mr. Franci
Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure projects aimed at supporting the country’s Ten-Fold Growth Strategy and expanding the economy to USD 500 billion by 2040.
President Yoweri Museveni has appointed former NSSF managing director Richard Patrick Byarugaba as senior presidential advisor on exports and industrial development, alongside Moses Sabiti.President Yoweri Museveni has appointed former National Social Security Fund (NSSF) managing director
The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, expanding water and sanitation services, and upgrading a key road corridor. The projects will be financed through externa
The cracks inside Standard Chartered Bank are no longer whispers — they are now headline news.As the British banking giant retreats from struggling markets, its top executives are heading for the exit and its once-proud retail empire in Uganda has collapsed into a fire sale.In the
Entebbe police is holding Charles Mayanja, a real estate dealer, following his fallout with Bushenyi High court judge Amos Kwizera over land located in Kasanje, Wakiso district.According to one of the police investigating officers, Mayanja has been detained for failure to clear payment to
2025 has been of both challenges and opportunities. We’ve continued to deepen access to our services and extend financial inclusion to the underserved. By the end of this year, we’re looking at over 14.5 million individual users, which is a significant jump from 13.8 million in 2024. Our targ
The Uganda National Chamber of Commerce and Industry (UNCCI) has a new champion at the helm, with renowned city lawyer and businessman Hon Kwesiga Ronald taking over as Vice President of the Board. Kwesiga’s appointment is set to transform the organisation and Uganda’s business landscape.
Standard Chartered Bank Uganda has formally communicated to clients that it has entered into an agreement with Absa Bank Uganda for the sale of its Wealth & Retail Banking (WRB) business. The deal — which covers personal banking, wealth advisory and related retail products — remains subje
