Stanbic Uganda Holdings Limited (SUHL) has appointed Mark Ocitti Ongom as its new Chief Executive and Director of the SUHL Board, effective July 10, 2026. The appointment, which is subject to regulatory approval, is part of a planned leadership transition within the organisation. Ocitti joins Stanbic Uganda with close to 30 years of leadership experience…
By Richard Nsubuga, Head of Trading Absa Bank Uganda The Uganda Shilling registered decent gains on Tuesday in a session that was dominated by strong inflows from the offshore, commodity and the local corporates amidst the waning demand attributed to the end of financial year tax payments and the ongoing easing geopolitical tensions in the…
L-R Paul Nagemi, Israel Arinaitwe, Tetteh Ayitevie Prudential Uganda Chief Executive Officer, Tich Makonese, Head of Insurance and Asset Management at Stanbic Bank Uganda, Molly Kyakuhaire and Dogo Sign Stanbic Bank Uganda, in partnership with Prudential Assurance Uganda Limited, has launched an enhanced version of the Stanbic Medi-Protect health insurance solution. The expanded offering introduces…
By Jeremiah Nyagah, National Director, World Vision Uganda Before a child can learn, dream, play or thrive, there is something far more basic they need: water. Not tomorrow. Not when funding becomes available. Not when another development plan is approved. Today. Yet for millions of children across Africa, access to safe water, sanitation and hygiene…
Brian Ddamba SME Business Development Manager, addressing School owners during a School Bridge Financing seminar As schools across Uganda reopened for a new term, excitement returned to classrooms, playgrounds and staffrooms. Yet behind the scenes, school administrators and parents are confronting a familiar challenge: financing education at the start of the academic term. For many…
Permanent Secretary and Secretary to the Treasury (PSST), Dr. Ramathan Ggoobi says Uganda must invest in climate adaptation and resilience to safeguard its development gains and maintain its creditworthiness. Courtesy photo Ministry of Finance, Planning and Economic Development (MoFPED) is integrating the economic and fiscal benefits of resilience investments into its debt sustainability analysis (DSA)….
Equity Bank Uganda Limited has appointed Henry Rugamba as the new Chairman of its Board of Directors, effective June 15, 2026. Rugamba takes over from Mark Ocitti, who has retired after serving as Director and Chairman of the Board. The bank described the appointment as a significant step in strengthening its governance and strategic leadership….
In Boroboro Parish, Gwengbar area of Lira City, Dopla Tree Nurseries has grown from a small backyard enterprise into a significant local supplier of tree seedlings. The transformation has been driven by the adoption of solar powered irrigation, enabling the business to increase production while supporting climate-resilient farming in northern Uganda. Established in 2019 by…
Outgoing Minister Kasija (on the right) handing over to the incoming Finance Minister Musasizi (on the left) Outgoing Finance Minister Matia Kasaija has handed over ofice to the New Finance Minister Henry Musasizi, following his appointment during a major cabinet reshuffle by President Yoweri Museveni. On the same occasion, Musasizi handed over the Office of…
Finance Ministry Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi has strongly pushed back against sceptics of Uganda’s economic progress, declaring it “foolhardy” for anyone to dismiss the country’s growth trajectory. His remarks were made on Friday at the 5th edition of the Absa Post-Budget Forum, a high-level annual engagement that brings together key…
