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Bank Of Baroda Uganda Marks Corporate Responsibility Activity Week With Nationwide Community Initiatives

Admin4 months ago03 mins

Bank of Baroda (Uganda) Limited recently celebrated its Corporate Responsibility (CR) Activity Week with a series of impactful initiatives focused on environmental conservation, healthcare, education, and community welfare across Uganda. As part of its environmental conservation efforts, the Bank conducted a tree-planting exercise at Merryland School, where staff planted over 300 trees. The initiative sought…

Government Launches Five-Year Strategy To Strengthen Gaming Sector Regulation

Admin4 months ago07 mins

The launch/courtesy photo The National Lotteries and Gaming Regulatory Board (NLGRB) has launched its Strategic Plan for FY2025/26–FY2029/30, setting out an ambitious roadmap to strengthen regulation, curb illegal gaming, enhance responsible gaming and increase the sector’s contribution to Uganda’s domestic revenue over the next five years. The Board also unveiled its Service Delivery Standards and…

Tanzania Dominates EADB Loan Book

Admin4 months ago07 mins

The East African Development Bank (EADB) closed 2025 with profit up 51%, a loan book that grew by more than half, non-performing loans below 1%, and two international rating agencies reaffirming its investment grade status. The core lending business, the interest EADB earns on money it lends out, actually shrank in 2025. What pushed profit…

Centenary Group Rules Out Shareholder Shake-Up

Admin4 months ago06 mins

Speculation that Centenary Group might soon widen its shareholder base, possibly by offloading a stake of 5% to 10% to outside investors, has been circulating in the press for months. But a follow up on the matter this week with new managing director Godfrey Byekwaso and outgoing managing director Fabian Kasi revealed the move is…

Euromoney Names Stanbic As Uganda’s Best Investment Bank

Admin4 months ago05 mins

Mumba Kalifungwa, the Chief Executive Stanbic Bank Uganda, with Emmanuel Katongole Co-founder of Quality Chemical Industries Limited (Qcil) at a deal signing ceremony last year. Stanbic Bank Uganda has been named the “Best Investment Bank in Uganda” by the prestigious Euromoney Awards for Excellence 2026. The honour was announced by the London based financial magazine…

Strength Beyond the Workplace: Uganda Baati Champions Men’s Wellbeing

Admin4 months ago4 months ago06 mins

Robert Kabushenga speaking during Uganda Baati Wellness session. Courtesy photo The strongest steel is forged under pressure, but even steel requires care to maintain its strength. It was this powerful analogy that shaped Uganda Baati’s Men of Steel: A Life and Wellness Conversation, an employee wellness engagement held under the Safal Circles initiative. Bringing together…

Uganda Shilling Posts Marginal Gains

Admin4 months ago01 mins

The Uganda shilling posted marginal gains against the dollar during today’s trading session, closing at 3685/3695 from opening levels of 3690 / 3700, according to Thursday’s Absa Bank Uganda Market report. The local currency’s appreciation was primarily supported by muted dollar demand, and a sustained dollar supply from exporters. Money market liquidity remained comfortable, bolstered…

UBA Uganda Appoints Rita Mitala Balaka as Board Chairperson

Admin4 months ago4 months ago02 mins

United Bank for Africa (UBA) Uganda Limited has appointed Rita Mitala Balaka as the new Chairperson of its Board of Directors. Balaka is an experienced governance, risk and financial management professional with more than 30 years of leadership experience in regional and international financial institutions. Throughout her career, she has led strategic initiatives, championed organisational…

Mining Chambers To Highlight Africa’s Next Wave Of Investment Opportunities At African Mining Week 2026

Admin4 months ago4 months ago06 mins

As African countries advance reforms to unlock new mineral discoveries and strengthen mining investment, chambers of mines are playing an increasingly important role in connecting governments, investors and industry. Through policy advocacy, regulatory engagement and investment promotion, these organizations are helping shape the continent’s next phase of mining development. That growing role will be on…

Bernard Beya Appointed As Chief Executive Officer (CEO) Of Liquid Intelligent Technologies DRC

Admin4 months ago4 months ago03 mins

Bernard Beya; courtesy photo Liquid Intelligent Technologies, a business of Cassava Technologies, a global technology leader, has announced the appointment of Bernard Beya as Chief Executive Officer of its operations in the Democratic Republic of Congo (DRC), effective 1 April 2026. “The DRC represents one of the most exciting growth opportunities in our region, and…