Business •
25 May '26
For many businesses in Uganda, securing a government contract feels like hitting the jackpot. The moment word spreads that someone has landed a deal, everything changes. Friends become more attentive, relatives resurface, banks suddenly extend courtesy, and suppliers are willing to offer goods on
Business •
03 May '26
In the grand theatre of history, nations are not remembered for the eloquence of their lamentations, but for the audacity of their innovations. Civilizations rise not merely upon the abundance of natural resources beneath their soil, but upon the depth of scientific imagination cultivated within
Business •
02 May '26
Centenary Bank has pulled off a quiet boardroom coup, lining up long-serving executive Godfrey Byekwaso to take over as Managing Director while Fabian Kasi, the face of the lender for over a decade, prepares to step up and steer the wider Centenary Group. The planned handover, still uncon
Business •
27 Apr '26
Sugarcane farmers and leaders across Kagadi, Kibaale, and Kakumiro districts in Greater Kibaale, Bunyoro sub-region, are increasingly frustrated as continued delays in licensing a proposed sugar factory threaten their livelihoods.Many are reporting heavy losses due to limited market access
Business •
26 Apr '26
Centenary Bank’s top leadership (L–R): Chairman Gustavo Bwoch, Managing Director Fabian Kasi, Executive Director, Business Joseph Balikuddembe, and Executive Director, Operations Michael Opira. The bank is resetting its executive leadership through a dual-Executive Director structure aimed at
Business •
24 Apr '26
Michael Opira, Executive Director, Operations at Centenary Bank, brings over 27 years of banking experience as he returns to the institution where his career began.Centenary Bank has appointed seasoned banking executive Michael Opira as its new Executive Director, Operations, marking a sig
Business •
18 Apr '26
Uganda Clays may have bought time, but not certainty. Beneath the return to profit lies a balance sheet still under strain, propped up by deferred obligations and a partially unsecured NSSF loan. Its recovery, while visible, remains fragile. The real test will come when repayments begin, when imp
Business •
01 Apr '26
Uganda Electricity Distribution Company Limited has registered a strong operational and financial rebound in its first year of managing the country’s electricity distribution network, posting Shs1.71 trillion in revenue as it stabilised a system inherited from private operators.The perfo
Business •
04 Mar '26
Eleven years at the helm. Billions borrowed. Mega dams commissioned with pomp and glory. Yet today, hard questions are exploding over the management of Uganda Electricity Generation Company Limited as the December 2025 Auditor General’s report exposes troubling cracks in Uganda’s power genera
Business •
28 Feb '26
A power sector storm is brewing in Uganda as internal conflicts at the Electricity Regulatory Authority (ERA) intersect with national energy supply challenges, threatening to further destabilize an already fragile economic lifeline.According to insiders, senior staff at ERA allege that Chi