Emmanuel Bassa, the director of Enersave Enterprises Limited showcasing some of the solar technologies offered by the company Less than two years after its establishment, Enersave Enterprises Limited has transformed from a fledgling clean energy business into one of Uganda’s emerging players in the clean cooking sector, earning recognition as a hub under the Uganda…
MTN Uganda Chairman Charles Mbire (centre) poses for a photo with Stanbic Uganda Holdings leaders Sam Mwogeza, Grace Semakula and Catherine Poran during the inaugural Investor Day Forum held in Kampala. Courtesy photo Business leader Charles Mbire has set a powerful tone for Uganda’s investment community, telling participants at the inaugural SBG Securities Investor Day…
Osward Kakande showing one of the production machines used to make the stoves When Osward Kakande watched his mother struggle with persistent coughs and headaches caused by smoke from traditional cooking stoves, he never imagined that her suffering would inspire a business now valued at more than Shs450 million. Today, the founder and director of…
Centenary Bank, a member of Centenary Group, launched GonzaPay, a secure, bank-backed digital wallet. Developed by Centenary Technology Services (Cente-Tech), the Group’s technology subsidiary, together with technology partner Drakma Limited, GonzaPay was unveiled at Next Media Park, Naguru. The platform is designed to bridge the gap between Uganda’s cash-heavy economy and modern digital finance, and…
Dennis Marsha Kabuuka, Manager Livelhoods, NSSF (3rd right) shares a light moment with members from the Omoro community who won themselves NSSF merchandise during the Smartlife Activations held in Omoro. Courtesy photo For years, retirement savings have seemed out of reach for many Ugandans working in the informal sector. But that is changing as the…
Equity Banks Virginia Ssemakula and Mawokota North MP Amelia Kyambadde planting a tree at the school Equity Bank Uganda and My Tree Initiative have strengthened their partnership to advance environmental conservation and climate resilience through a major tree planting exercise at Kyasanku Hill College in Kasanje, Mpigi District, reinforcing the Bank’s contribution to Equity Group’s…
Every June, the world celebrates Dairy Month, highlighting the vital role of dairy farming in improving nutrition, creating employment, and driving economic growth. In Uganda, the dairy sector supports millions of livelihoods and contributes significantly to the country’s agricultural GDP. Yet, ticks and tickborne diseases remain a major obstacle to increased productivity and profitability. Through…
The Uganda shilling traded under pressure during the week driven by sustained corporate demand amid weaker dollar inflows, according to Absa Bank Weekly Market Report. Dollar supply from entities paying end of Financial Year taxes wasn’t sufficient to offer support to the local unit. Additionally, offshore investor appetite for the foreign currency remained elevated amid…
The Uganda shilling pared back some of the losses recorded earlier in the week, supported by subdued dollar demand and a renewed influx of foreign currency supply on the interbank market, according to Thursday Market Report by Absa Bank Uganda. The local unit found footing as corporate dollar demand remained relatively light. The USD/UGX pair…
Uganda’s second school term is well underway but many headteachers are still wresting with a familiar problem; keeping the school running while waiting for parents to finish paying fees. Slaries, food, scholastic materials and facility upkeep all demand immediate attention, yet the money often comes in slowly. To help bridge this gap, Equity Bank Uganda…
