MAC East Africa and ISUZU East Africa Join Forces With Industry Leaders To Champion Road Safety In Uganda

MAC East Africa, in collaboration with ISUZU East Africa and national road safety stakeholders, successfully concluded the 3rd Joint Smart Bus/Truck Drivers and Operators Training Program (JSBTDOT) held from June 16th to 20th at Metroplex Naalya. The event welcomed over 500 attendees from across the transport ecosystem — including bus operators, schools, NGOs, and government…

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Equity Group AGM Approves UGX 444.9 billion Dividends

Equity Group Holdings Plc  held its 21st Annual General Meeting (AGM), where shareholders voted in favor of all the proposed resolutions, demonstrating strong confidence in the Group’s strategic direction and governance. The meeting, conducted virtually and attended by shareholders worldwide, saw significant approvals that will shape the future of the organization. Shareholders approved a dividend…

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UBL Scoops Monde Award For Consistency In Delivering High Quality

As Uganda Breweries Limited (UBL) approaches 80 years of brewing excellence, the organisation has added another achievement, receiving the coveted Prestige Trophy from Monde Selection for its 25 years of consistently producing internationally acclaimed, high quality brands. This year’s award ceremony took place in Rome, Italy. This global award speaks to the organisation’s commitment to…

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Trainees displays their certificates after the training

Diageo Bar Academy Continues to Upskill Players In The Hospitality Sector

In a bid to standardise the hospitality industry while enhancing service excellence, Uganda Breweries Limited (UBL)’s Diageo Bar Academy 2025 training programme has continued to build the skills of bartenders, waiters, and waitresses across the country. According to Steven Baguma, UBL’s Reserve Ambassador, the two-month training initiative has so far upskilled 1,650 hospitality professionals, significantly…

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Absa Bank Uganda Hands Over UGX 400m from Third Edition Of Absa KH3 7 Hills Run To Empower Vulnerable Girls

Absa Bank Uganda has today announced the handover of UGX 400 million raised during the third edition of the Absa KH3_7 Hills Run, an annual charity run held in partnership with the Kampala Hash House Harriers, to eight partner organizations working to improve access to education, health, and opportunity for vulnerable girls across Uganda. Speaking…

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Secretary to Treasury Ggoobi tips on building USD 500b economy

The Ministry of Finance Permanent Secretary and Secretary to Treasury, Ramathan Ggoobi, has said that the journey to build a USD 500 billion economy by 2040 will come with several things that must be done in the right way. The strategy is anchored on agro-industrialization, tourism, mineral development, and science and technology innovation (ATMS) to…

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Minister David Bahati (left) chats with Irene Mutyaba Kabiri, the Corporate Banking Director at Absa Bank Uganda during the UMA 2nd Financial Symposium. Looking on is Dr. Ezra Muhumuza Rubanda, the UMA Executive Director

Minister Bahati calls for innovative financing solutions for manufacturing sector

The Minister of State in charge of Industry at the Ministry of Trade, Industry and Cooperatives, David Bahati, has asked commercial institutions to establish innovative financing solutions for manufacturing sector, in a bid to boost its growth. This, he said while officiating the Uganda Manufacturers Association (UMA) 2nd Financial Symposium at Lugogo on 10th June…

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Shareholders Commend PostBank On Profitability, Approve Rebrand

PostBank Uganda, whose purpose is to foster prosperity for Ugandans, has today held its 2024 Annual General Meeting (AGM) at the Ministry of Finance, Planning and Economic Development (MoFPED) offices in Kampala, where its performance was commended by the shareholders, highlighting the banks solid performance and being among the most profitable Government entities after posting…

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Why Fuel Prices Are Rising

For the past few days, some Ugandans have noticed a slight rise in petrol prices at the pumps. At Shell and Total outlets, a litre of petrol has increased to between5050 to sh5090 and increase from about 4050 on average. The Uganda National Oil Company (UNOC) says this is due to temporary logistical issues affecting…

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Postbank Uganda Sweeps Top Accolades At BOU Awards

PostBank Uganda has once again demonstrated its leadership in agricultural and small business finance by securing five awards at the Bank of Uganda’s Agriculture Credit Facility (ACF) and Small Business Recovery Fund (SBRF) awards, including two prestigious Best Overall Performing Commercial Bank for ACF and SBRF, three additional awards, and eight certificates in first and…

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