Five years ago, Dr. Daniel Masaba seemed destined for a typical career path in medicine. Fresh out of medical school, he had secured employment as a doctor and looked set for a lifetime in hospitals and clinics. But behind the stethoscope, Masaba was restless. He wanted something more—a venture that could create long-term wealth and […]
Read MoreWhen most people think of bankers, they imagine men and women in sharp suits poring over financial statements, approving loans, and climbing the corporate ladder. Few would picture such a person swapping boardrooms for dust, cement, and the noise of stone quarries. Yet that is exactly the path Simon Ssekankya, the man behind Hardware World, […]
Read MoreThe government is grappling with a major hitch in its cattle compensation program for Northern Uganda, after it emerged that Shs252.2 billion earmarked for claimants cannot be disbursed due to discrepancies in beneficiary details. Deputy Attorney General Jackson Kafuuzi disclosed the challenge on Monday while presenting the status of the compensation program at Gulu Core […]
Read MoreOn Friday, September 15, Enjovu Family Business, in partnership with I&M Bank Uganda, convened another edition of the Enjovu Family Business Breakfast Series at Four Points by Sheraton Hotel in Kampala. The gathering brought together family business owners, professional advisors, and stakeholders for an in-depth discussion on estate planning, inheritance, and strategies for ensuring the […]
Read MoreThe ongoing dispute between Equity Bank Uganda, Prism Construction, and the Ministry of Education and Sports (MoES) has grown beyond the confines of a simple commercial disagreement. What began as a straightforward loan and government contract has now evolved into a saga that exposes the fragile intersection between Uganda’s governance culture and its private financial […]
Read MoreBy Giu Dennis Uganda is stepping up its investment diplomacy, with government officials making a strong case to Indian business leaders about why the East African nation is the best destination for their capital. Dr. Joseph Muvawala, the Executive Director of the National Planning Authority (NPA), delivered this message as keynote speaker at the India–Uganda […]
Read MoreBy Reporter | Business Express On-demand delivery company Glovo has marked its fifth anniversary in Uganda with the opening of a new office in Kampala, highlighting both its rapid growth and its push to lead the country’s green mobility transition. Since launching operations in 2020, Glovo has invested more than UGX 33 billion in the […]
Read MoreBy Reporter | Business Express The Bank of Uganda (BoU) has disclosed that commercial banks and other participating financial institutions have cumulatively disbursed Shs1.23 trillion to agribusinesses under the Agricultural Credit Facility (ACF) since its inception in 2009. The announcement was made by Richard Byarugaba, BoU’s Executive Director for Finance, who represented the Deputy Governor […]
Read MoreBy Reporter Uganda Airlines Chief Executive Officer, Jenifer Bamuturaki, has attributed the national carrier’s Shs237.855 billion loss in the financial year 2023/24 to the rising costs of aviation fuel, aircraft depreciation, and crew allowances. Appearing before Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) to respond to queries raised in the Auditor General’s […]
Read MoreBy Giu Dennis Singapore may be small in size, but its influence in global markets is anything but. Having already established itself as a powerhouse in shipping, aviation, and commodity trading, the city-state is now emerging as a hub for carbon markets—and its sights are firmly set on Africa. From Carbon Tax to Global Carbon […]
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