UK-Uganda Investment: Minister Stephenson officiates at Shs700 billion Namanve ground breaking

UK-Uganda Investment: Minister Stephenson officiates at Shs700 billion Namanve ground breaking

As the UK government finalises Brexit, they have offered Uganda a $200m (about Shs735b) for development of infrastructure at Kampala Investment Business Park (KIPB) in Namanve, Mukono District that was officially launched on Sunday. The UK Minister for Africa, Mr Andrew Stephenson, said his government is committed to the project. “On its [Uganda] path to […]

Centenary targets more SMEs

Centenary targets more SMEs

After sealing a multibillion deal with a continental Fund, Centenary Bank is now eying facilitating more small and medium-sized enterprises (SMEs) to accelerate its pace of growth in the country, according to the company’s top executive. Fabian Kasi, Managing Director of the country’s second-biggest bank revealed that securing the African Guarantee Fund Loan Agreement will fund […]

UBA Celebrates Festive Season With SOS Children’s Village, Donates Food & Story Books

UBA Celebrates Festive Season With SOS Children’s Village, Donates Food & Story Books

United Bank for Africa (UBA) Uganda, through its Foundation arm, on Thursday 19th December, 2019 visited the SOS Children’s villages in Kakiri to donate materials in form of locally published story books and food items to the children. Under their ‘Each One Teach’ initiative, UBA partnered with ‘Sooo Many Stories,’ a Ugandan publishing house to donate […]

Digital Banking To Address Financial Inclusion Gaps as Number of Phone Users Increases

Digital Banking To Address Financial Inclusion Gaps as Number of Phone Users Increases

According to a 2017/18 Uganda Communications Commission report, approximately 23.2 million Ugandans have access to mobile phones, an indication that half of Uganda’s population that constitutes about 44 million people has access to mobile phones. With the continued growth in the uptake of mobile technology driven solutions across industries and sectors worldwide and adoption of […]

Museveni Woos Danish Agribusiness Experts

Museveni Woos Danish Agribusiness Experts

President Yoweri Kaguta Museveni met with a visiting Danish agri and food tech-business delegation from the Danish Agriculture and Food Council at State House, Entebbe. Led by Mr Jeppe Sondergaard Pedersen, the Danish companies seeking to invest in agriculture and share knowledge with Ugandan farmers include;  Cimbria, dealing in grain handling & storage; Danfos, which specialises in cold chain […]

CAA Scoops Another International Award For Efficiency

CAA Scoops Another International Award For Efficiency

Uganda Civil Aviation Authority (UCAA) has been recognized by the International Trade Council with the Government Agency of the year ‘Going Global’ Award (2019) in the aviation category. The Award, which is in recognition of Customer Care, Infrastructure Improvement; training of staff, contribution towards supporting Tourism and Agricultural exports facilitated through Entebbe International Airport was […]

Mobile Giant Safaricom Names New CEO

Mobile Giant Safaricom Names New CEO

East Africa’s most profitable company, Safaricom, has appointed Peter Ndegwa as its new CEO. Mr Ndegwa joins Safaricom from alcoholic drinks company Diageo where he was the Managing Director of Diageo Continental Europe – the first African to hold the role. He takes over from Bob Collymore, the highly successful Briton who died of Cancer […]

Mutebile raids oil fund, to draw down 445 billion shillings

Mutebile raids oil fund, to draw down 445 billion shillings

The Bank of Uganda Governor, Mr Emmaniuel Mutebile plans to withdraw more financing from the Petroleum Fund than it did in the past two fiscal years combined, even as the country is yet to pump a drop of oil. The Finance Ministry is expected to draw down 445 billion shillings ($120.6 million) in the fiscal […]

Top-up your Cashless Account with a SafeBoda for Free

Top-up your  Cashless Account with a SafeBoda for Free

Great news for SafeBoda Cashless customers:You can now top up your SafeBoda Cashless account with your SafeBoda for free! This October, SafeBoda introduced Top up with your SafeBodafor its Cashless customers,a more convenient option that will entail customers topping up their Cashless account with a SafeBoda at zero transaction cost. This option makes all SafeBodas actively […]

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