Business
UBL revenues up 24% for year ended June 2022, as EABL registers best performance in five years

UBL revenues up 24% for year ended June 2022, as EABL registers best performance in five years

East African Breweries Limited (EABL) financial results for the year ended June 2022 indicate that revenue for the Uganda Securities Exchange (USE) listed firm’s local unit, Uganda Breweries Limited (UBL) went up 24%. UBL’s financials

Technology
AFRICA’ SECOND RICHEST MAN CREATES 1000 MILLIONAIRES 

AFRICA’ SECOND RICHEST MAN CREATES 1000 MILLIONAIRES 

South African Billionaire, Dr. Mandla Lamba who is the founder of Africa's first Green Revolution and AI Company and the world's first black owned, Agilitee decided to take Agilitee public through an IPO on the

Technology
MTN MoMo ties up deal with XENO to launch goal-based investment options

MTN MoMo ties up deal with XENO to launch goal-based investment options

MTN Mobile Money Uganda Limited (MTN MoMo) and XENO Investment Management Limited (XENO) have officially announced a partnership giving millions of Ugandans access to a greater financial opportunity through goal-based investment services. Mobile money operator,

Business
UBA Group Expands to EMEA, Launches Banking Operations in DIFC, Dubai

UBA Group Expands to EMEA, Launches Banking Operations in DIFC, Dubai

The United Bank for Africa (UBA), Africa’s global bank has been in operation for over seven decades. Today, the group is present in 20 African countries, the United Kingdom, the United States of America and

Markets
Centum banks on Real Estate, Sidian bank sale as losses narrow

Centum banks on Real Estate, Sidian bank sale as losses narrow

Centum has released its financial results for the year ended March 2022 indicating narrower losses. The firm indicated that its counting on the sale of a significant stake in the Sidian Bank for Ksh4.3 billion

Business
<strong>Agilitee appoints top labour expert Prof Mthunzi Mdwaba as board member</strong>

Agilitee appoints top labour expert Prof Mthunzi Mdwaba as board member

Artificial intelligence innovator and largest electrical vehicle manufacturer in Africa, Agilitee Limited is pleased to announce the appointment of Prof Mthunzi Mdwaba as the new Agilitee Global Board member effective 25 July 2022. Prof Mdwaba

Markets
“Set up tourism fund” Bankers say as industry explores tourism at annual meet

“Set up tourism fund” Bankers say as industry explores tourism at annual meet

“Set up tourism fund” Bankers say as industry explores tourism at annual meet With travel bans now lifted, and both foreign tourist arrivals and domestic tourist movements expected to grow in coming months and years,

Technology
Vivo Energy Uganda hands Uganda government motor vehicle service bay facility

Vivo Energy Uganda hands Uganda government motor vehicle service bay facility

Vivo Energy Uganda has today officially handed over a dedicated motor vehicle service bay facility installed at the Ministry of Works and Transport offices in Kampala. The facility has a capacity of 20,000 litres and

Breaking news
Consortium funds study to define agriculture, housing opportunity linkages to oil and gas sector

Consortium funds study to define agriculture, housing opportunity linkages to oil and gas sector

A consortium of five organizations has today commissioned two studies to define business opportunities in the agriculture, and housing sectors linked to Uganda’s emerging oil and gas economy, a day after government signed the Final

Technology
MTN Uganda Launches Business Internet to aid Business Digitalization

MTN Uganda Launches Business Internet to aid Business Digitalization

MTN Uganda recently launched a fixed Internet product for businesses. This fiber internet service dubbed MTN Business Internet is specifically tailored to meet the internet needs of small to medium business owners, offering them unlimited,

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