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Brown Sugar Prices Spike as Global Weather Shocks Disrupt Supply

Brown Sugar Prices Spike as Global Weather Shocks Disrupt Supply

The price of brown sugar has soared across Uganda, with consumers and traders alike feeling the pinch of global supply disruptions and erratic weather that has battered production in leading sugar-exporting nations.A kilogram of brown sugar now sells for between Shs5,500 a

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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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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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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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Airtel’s Statutory Levy to UCC to Rises by 11.4% to  Hit Shs38bn

Airtel’s Statutory Levy to UCC to Rises by 11.4% to Hit Shs38bn

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

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MTN Uganda launches nationwide network upgrade

MTN Uganda launches nationwide network upgrade

 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

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Pride Microfinance Celebrates Becoming Bank

Pride Microfinance Celebrates Becoming Bank

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

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First Insurance Company Rebrands to Mirai

First Insurance Company Rebrands to Mirai

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

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I&M Announces Partnership With Kenya Airways With Bank Mastercard holders getting up to 15% Discounts on Flight Tickets

I&M Announces Partnership With Kenya Airways With Bank Mastercard holders getting up to 15% Discounts on Flight Tickets

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

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Absa Enhances its Digital Offering With Instant Loans, Online Account Opening

Absa Enhances its Digital Offering With Instant Loans, Online Account Opening

Absa Bank Uganda today unveiled two new digital innovations, digi loans and online account opening, aimed at meeting the growing demand for fast, convenient, and paperless banking.The digi loan allows eligible customers to instantly borrow between shs20,000 and shs 2 million with

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