UNOC In Talks With Vitol To Market Uganda’s “Pearl Sweet” Crude

Uganda National Oil Company (UNOC) is in talks with global commodities trader Vitol over a possible mandate to market the country’s newly branded crude, Pearl Sweet, as Uganda prepares for first oil exports in early 2027. Officials say negotiations are still ongoing and no final appointment has been confirmed. The discussions cover marketing of the…

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Stanbic Bank Unveils Revamped Kalangala Branch To Boost Island Banking

Stanbic Uganda senior leaders Mark Ocitti and Mumba Kalifungwa lead the ribbon-cutting ceremony to officially reopen the refurbished Kalangala branch as part of the bank’s commitment to enhancing custom Stanbic Bank Uganda has officially unveiled its newly refurbished Kalangala branch, combining a celebration of its 35th anniversary with a strong pledge to deepen financial inclusion…

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How Uganda Shilling Remained Stable In Monday’s Trading Session

The Uganda shilling remained stable against the dollar in today’s trading session, trading at 3775 / 3785 levels all day, according to Monday’s Absa Bank market report. The currency’s stability was largely supported by balanced market flows, with demand for dollars from importers and corporate players being adequately matched by inflows from exporters, remittances, and…

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IFAD, Equity Group Kick Off $200m Mechanism To Make Climate Adaptation Finance Reach East Africa’s Farmers

Access to climate adaptation finance remains a significant challenge for smallholder farmers and rural businesses across Africa, with available capital often failing to reach those who need it most. To help bridge this financing and delivery gap, the International Fund for Agricultural Development (IFAD) and Equity Group on Friday, kicked off the Africa Rural Climate…

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Uganda Joins Continental Safer Gambling Initiative To Advance Responsible Gaming

Uganda has joined other African countries in the inaugural Africa Safer Gambling Week, a continental initiative bringing together regulators, industry associations, operators, safer gambling organisations and other stakeholders to strengthen player protection across Africa. Taking place from 7–11 September 2026, Africa Safer Gambling Week is convened by the African iGaming Alliance (AiA) in collaboration with…

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