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“subsidiary”

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Why Uganda’s oil refinery remains behind schedule

Why Uganda’s oil refinery remains behind schedule

An artistic impression of an oil refinery. Uganda hopes to complete construction of a 60,000 barrels/day refinery by 2030. COURTESY IMAGE/PETROLEUM AUTHORITY OF UGANDA.De...

Ultimate Uganda
MTN Uganda plans mobile money spin-off

MTN Uganda plans mobile money spin-off

MTN Uganda plans to spin off its mobile money arm, MTN MoMo, into a separate entity, a move that could alter the structure of its business in one of its largest African m...

Ultimate Uganda
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...

Ultimate Uganda
Mumba Kalifungwa Takes Charge at Stanbic Bank Uganda

Mumba Kalifungwa Takes Charge at Stanbic Bank Uganda

Mumba Kalifungwa has officially assumed the role of Chief Executive at Stanbic Bank Uganda, the nation’s largest lender by assets, revenue, and deposits.His appointmen...

Ultimate Uganda
‘We’re aware the boda market is built on trust’

‘We’re aware the boda market is built on trust’

Imagine you’re running an asset financing business in Europe and think, “Why not give East Africa a shot?” So you do the research, find the market, and dis...

Ultimate Uganda