Search Results

Equity Group posts Shs 433.2bn profit

Equity Group posts Shs 433.2bn profit

L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event.The lender

Ultimate Uganda

MTN Pays shs42.5bn in Statutory Levy to UCC

MTN Pays shs42.5bn in Statutory Levy to UCC

MTN Uganda has paid Shs 42.5 billion to the Uganda Communications Commission’s (UCC) Universal Service and Access Fund (USAF) as its statutory levy.The amount represents 2% of MTN Uganda’s gross annual revenue for the financial year ending 31 December 2024, in compliance

Ultimate Uganda

If Museveni opted to stand down

If Museveni opted to stand down

If there are any lessons to learn from former minister Sam Kuteesa’s recently inaugurated church project, it is that the man is preparing to return to his creator. It is a sign.He is readying himself for departure by being godly in his final days. I am

Ultimate Uganda

How California's Proposition 36 Changed Shoplifting for Two Thieves

How California's Proposition 36 Changed Shoplifting for Two Thieves

The Seal Beach Police Department in California released video footage of how the newly passed Proposition 36 changed shoplifting for two alleged thieves accused of stealing hundreds of dollars worth of merchandise.Why It MattersThe incident under

Ultimate Uganda

80% of business leaders not ready for AI, says KPMG

80% of business leaders not ready for AI, says KPMG

The 2024 KPMG CEO Outlook on preparedness to integrate Artificial Intelligence (AI) into their workspaces, shows that 80 percent of business leaders are not ready to invest in AI.  The outlook, which interviewed 50 business leaders across East Africa, indicates that 80 percent of leader

Ultimate Uganda

Qashqai Facelift delivers enhanced comfort, modern tech, and practical family appeal

Qashqai Facelift delivers enhanced comfort, modern tech, and practical family appeal

Nissan’s big-selling, mid-sized sport utility vehicle (SUV) gets a few choice changes in the latest edition, though nothing that would scare a current Qashqai buyer, of which there have been some four million since the first one appeared in 2007. This third generation arrived back in 2

Ultimate Uganda

China and Africa on the journey of modernization

China and Africa on the journey of modernization

Themed “Joining Hands to advance Modernization and build a High-Level China-Africa Community with a Shared Future,” the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) was a big success and highlighted the common pursuit of China and African countries in realizing modernizat

Ultimate Uganda

Equity Group registers strong recovery

Equity Group registers strong recovery

Equity Group Chief Finance Officer Moses Nyabanda, Managing Director and CEO, Dr. James Mwangi and Chief Internal Auditor Beth Kithinji during the Q1 2024 Investor Briefing eve

Ultimate Uganda

SA Shoprite billionaire Wiese returns to his diamond-hunting roots

SA Shoprite billionaire Wiese returns to his diamond-hunting roots

Wiese first got into alluvial diamonds in 1976 when he bought a mine along the Orange River.Christo Wiese, South Africa’s billionaire retail king, is going back to the future.The 82-year-old serial investor, who steered the expansion of both Africa’s biggest clothing reta

Ultimate Uganda