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Victoria University Signs Cooperation Arrangement with Finnish University

Victoria University Kampala has reached a new cooperation arrangement with Seinäjoki University of Applied Sciences (SEAMK) in Finland, paving the way for student and staff exchanges, joint research and other academic collaborations. The agreement follows a visit to SEAMK by a Victoria University delegation led by the Vice Chancellor. During the visit, the two universities…

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Standard Chartered Unveils 20 Women-Led Start-ups For 2026 Women In Tech Uganda Accelerator Programme

Standard Chartered Uganda in partnership with Innovation Village, Village Capital and Future Lab, has unveiled 20 women-led, tech-enabled startups selected for Cohort 2 of the Women in Tech Uganda Accelerator Programme. This is a high-impact initiative advancing inclusive innovation, women’s economic participation and Uganda’s digital transformation agenda. The 2026 cohort brings together founders building practical…

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Subdued Greenback Demand Strengthens Uganda Shilling

The Uganda shilling strengthened against the US dollar in today’s trading session, supported by subdued greenback demand from most corporate players, according to Absa Bank Uganda’s Wednesday market report. According to the report, the local currency also benefited from continued inflows from remittances and the commodities sector, closing at 3720/3730 compared to the previous session’s…

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NIC Holdings Appoints Prof. Sejjaka, Mwebaze To Its Board

NIC Holdings Limited has appointed Professor Samuel Sejjaka and Simon Kusiima Mwebaze as Non-Executive Directors, in a change that also sees two directors leave the company’s board. Sejjaka and Mwebaze join the board with experience in corporate governance, finance, investment management and strategic leadership. The company says their experience will add to the board’s oversight…

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CNOOC Uganda Equips 101 Ugandans With Skills As Country Moves Closer To First Oil

CNOOC Uganda Limited has celebrated the graduation of 101 Ugandan trainees who successfully completed a four-month vocational skills training programme implemented under the company’s Resettlement Action Plan (RAP) and National Content Skilling and Capacity Development agenda for the Kingfisher Oil Development Project. The graduation is another milestone in CNOOC Uganda’s ongoing investment in Ugandan human…

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Why East Africa’s Industrial Ambition Needs A Re-Engineered Financial System

East Africa’s ambitious drive toward rapid industrialisation is crashing on a fragmented, legacy financial system that fails to move capital as fluidly as goods across regional borders. Despite the registered regulatory milestones under the EAC Common Market Protocol, economic experts and private sector leaders warn that the region’s credit and payment architecture remain locked in national silos. This structural mismatch inflates…

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Uganda Shilling Weakens Further In Tuesday’s Session

The shilling weakened further today as interbank participants moved aggressively to cover short dollar positions amid sustained hard currency demand from corporate clients, according to Absa Bank daily updates. Strong demand from the energy and manufacturing sectors continued to weigh on the local unit, outweighing inflows from remittances and commodity exporters. As a result, the…

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