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CNOOC Uganda Conducts Kingfisher Oilfield Well Control Emergency Drill

CNOOC Uganda Limited (CUL), in collaboration with its contractor CENERTECH and partner Infiniti Line International Limited, has conducted a Well Control Emergency Drill at the Kingfisher Oilfield, reaffirming our commitment to safety, operational excellence, and emergency preparedness. The exercise brought together key stakeholders from government, regulatory bodies, and industry to demonstrate response capabilities and reinforce…

A Look At Equity Bank Uganda’s Digital Shift

Admin7 months ago7 months ago05 mins

If you run a business in Uganda, you already know how unpredictable the day can be. One minute you’re sorting deliveries, the next you’re chasing a payment or confirming an order. Somewhere in between, you still have to deal with the bank. That’s the part Equity Bank Uganda is trying to make easier. With Equity…

Absa Uganda Commits To Grow 2 Million Trees

Admin7 months ago7 months ago06 mins

Absa Bank Uganda, has announced a bold commitment to grow 2 million indigenous, fruit, shade and medicinal trees over the next three years, reinforcing the bank’s long-term dedication to climate action, environmental restoration, and sustainable community development across the country. The commitment was unveiled alongside the launch of the 2026 School Greening Drive in Northern…

Kenya, Rwanda, Uganda Agree To Prioritise Standard Guage Railway Financing

Admin7 months ago7 months ago05 mins

The Finance Ministers of the East African Partner States of Kenya, Rwanda and Uganda have met in Washington D.C. on the sidelines of the on-going IMF and World Bank 2026 Spring Meetings to discuss the progress of the standard gauge railway (SGR) project. According to the statement by the Ministry of Finance, the meeting…

CNOOC Uganda Awards Best Students In Hoima, Kikuube

Admin7 months ago7 months ago04 mins

CNOOC Uganda Limited has officially held the 2026 Best Performers Awards (BPA), reinforcing its sustained commitment to promoting academic excellence and supporting education development in the Kingfisher Development Area host districts of Hoima, Kikuube and Hoima City. The event, held in Hoima City, brought together key stakeholders including the Lord Mayor of Hoima City, district…

Absa Uganda Rises 25.1%, Customer Deposits Climb By 46.4%

Admin7 months ago7 months ago06 mins

Absa Bank Uganda is positioning for its next phase of growth after a strong 2025 performance, with customer deposits rising to UGX 4.6 trillion and total assets increasing by 29.4%, strengthening its capacity to extend financing as demand for financial services grows. “Our performance in 2025 reflects the deliberate choices we have made to strengthen…

From Postbank To Pearl: A Homegrown Bank Reimagining Banking In Uganda

Admin7 months ago7 months ago06 mins

There is something quietly significant unfolding in Uganda’s banking sector, and it goes beyond the headline numbers. Pearl Bank’s latest financial results for the year ended December 2025 tell a story of strong growth. Profit after tax rose 34 percent to sh47.3 billion, customer deposits climbed 43 percent to sh1.42 trillion, and Wendi wallet balances…

Why USD 100 Oil Isn’t The Economy-Killer It Used To Be

Admin7 months ago7 months ago07 mins

By Manpreet Gill, Chief Investment Officer for Africa, Middle East and Europe at Standard Chartered’s Wealth Solutions unit Just how much should investors worry about high oil prices? Amid the ongoing Middle East conflict, it is not surprising that investors are focused on energy prices, given these remain the main channel to global financial markets….

Thousands Rally For HIV Fight As Uganda Baati Turns Out In Force At 2026 Kabaka Birthday Run

Admin7 months ago7 months ago04 mins

Thousands of Ugandans braved the morning chill to take part in the 13th Kabaka Birthday Run, which kicked off early Saturday at Lubiri Palace in Mengo, drawing over 100,000 participants nationwide across 5K, 10K, and 21K races under the theme “Men for Good Health to Save the Girl Child and Fight to End HIV/AIDS by…

Equity Bank Uganda Backs 2026 Kabaka Birthday Run

Admin7 months ago7 months ago02 mins

Equity Bank Uganda has reaffirmed its commitment to community health by participating in the 13th edition of the Kabaka’s Birthday Run 2026. This year’s run is held under the theme of ending HIV/AIDS by 2030, a goal the bank says aligns closely with its mission. Speaking at the event, Executive Director Claver Serumaga noted that…

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