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...
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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...
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 appoi...
‘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, fi...
MTN Uganda Set to Increase Dividend Payouts for Investors
(Kampala) – MTN Uganda has recommended an increase in its second interim dividend to shareholders following a significant rise in net profit for the third quarter...
We are fast-tracking waste-to-energy plant in Ddundu, says KCCA
Kampala Capital City Authority (KCCA) has said it is fast-tracking the development of a waste-to-energy plant in Ddundu, Mukono District. Mr Dan Muhumuza Niweabine, the K...
How local firms are taking on engineering works at EACOP
“Diversifying into the oil and gas sector has increased the company’s revenue and transformed our global partnerships,†said Mr Derek Natumanya, chief...
Africans accuse ICC of racial bias in choosing Kony lawyer
African lawyers have written a protest letter to the International Criminal Court (ICC), claiming they were racially edged out of the institution’s recruitment pro...
Airtel Uganda unveils new boss as Murali quits
One of the country’s leading telecommunication company, Airtel Uganda has unveiled a new managing director following the resignation of Mr Manoj Murali who has bee...
Why banks are joining unit trusts party
Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority...