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Standard Chartered Uganda Confirms Agreement to Sell Wealth & Retail Business to Absa

Standard Chartered Uganda Confirms Agreement to Sell Wealth & Retail Business to Absa

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

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Local manufacturers cry out to Museveni over imports influx undermining BUBU policy

Local manufacturers cry out to Museveni over imports influx undermining BUBU policy

Hajjat Hadijah Namyalo, Head of the Office of the National Chairman, in a group photo with Mr Kaka Kasim, Executive Director at Ahmed Raza Foods Industries Ltd and his staff at the factory headquarters in Matugga, Wakiso District on Wednesday, November 05, 2025Wakiso, Uganda: Ugandan local

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Habib Kagimu to Entrepreneurs: Prepare for Uganda’s Oil Boom

Habib Kagimu to Entrepreneurs: Prepare for Uganda’s Oil Boom

Oil companies are like a nation — they need everything from everything. If you can set up shop near them, they will buy everything from you,” Kagimu explainedKAMPALA, Uganda — Malaysia’s Honorary Consul in Uganda, AlHaj Habib Kagimu, has urged local entrepreneurs to strategically p

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NSSF brings together Africa’s top pension funds in ‘$700b in 1 Room’ effort

NSSF brings together Africa’s top pension funds in ‘$700b in 1 Room’ effort

Leading pension funds across Africa today gather in Kampala to commit to a “Fund for Africa” at the “$700b in 1 Room” All Africa Pensions Summit.The Summit 5th – 7th November at the Munyonyo Convention Centre in Kampala, Uganda, will be hosted by NSSF Uganda, under the theme “P

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Spot gold was trading at $4,004.73 an ounce as of 12:55 p.m. in Singapore.

Spot gold was trading at $4,004.73 an ounce as of 12:55 p.m. in Singapore.

Gold held around $4 000 an ounce after a weak start on Monday, after China ended a long-standing tax rebate for some retailers in a change that could weigh on demand in one of the world’s largest precious-metals markets.Bullion for immediate delivery rose 0.1%, after falling as much as 1

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What is it that Uganda and United Arab Emirates investors want as they meet in Kampala?

What is it that Uganda and United Arab Emirates investors want as they meet in Kampala?

The UAE Ambassador to Uganda, HE Abdulla Salem Alshemeli, H.E Sheikh Sultan Jemai Al. Hindas, Director General of the Furjairah Chamber Commerce and Industry and the Prime Minister of Uganda Hon. Nabbanja Robinah and Hon. Dr Monica Musenero the Minister of Science Technology and Innovation Inform

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Gold slips as Fed rate caution boosts dollar, set for third monthly rise.

Gold slips as Fed rate caution boosts dollar, set for third monthly rise.

Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts.Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts, although bullion was still on track for its third straight monthly gain.Spot

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Court rules NUP not entitled to IPOD cash after boycotting forum.

Court rules NUP not entitled to IPOD cash after boycotting forum.

Kampala, Uganda: The High Court in Kampala has dismissed with costs a case in which the opposition National Unity Platform (NUP) sought to compel government to allocate it funds under the Interparty Organisation for Dialogue (IPOD) arrangement.In the ruling, the presiding Judge held that N

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KIU Statement On The State Of Affairs In The University.

KIU Statement On The State Of Affairs In The University.

Dear Parents, Students, Stakeholders and the entire public, Kampala International University has noted with concern the ongoing media engagements relating to the state of affairs in the university. The major issues of contention include students’ tuition payment policy, academic issues and welf

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Trump instructs Pentagon to start testing nuclear weapons ‘on an equal basis’ with Russia and China.

Trump instructs Pentagon to start testing nuclear weapons ‘on an equal basis’ with Russia and China.

President Donald Trump on Thursday threatened to begin testing US nuclear weapons in response to actions by rival countries, an announcement that came moments before his meeting with Chinese leader Xi Jinping.Trump in a post on social media said, “The United States has more Nuclear Weapo

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