Airtel Uganda, a leading provider of telecommunications and mobile money services, today presented a dividend cheque of UGX 50.3 billion to the National Social Security Fund (NSSF). This significant payout follows NSSF’s strategic acquisition of shares in Airtel Uganda during the company’s initial public offering (IPO). This payout follows Airtel’s 2023 decision to list in Uganda,…
Pilsner Kingthe latest innovation under the iconic Pilsner trademark, has announced a sponsorship package worth over UGX285 million for the 21st edition of the prestigious Masaza Football Tournament 2025. The announcement was made during a media launch held at Bulange Mmengo with the Katikkiro of Buganda, Oweek. Charles Peter Mayiga in attendance. He highlighted the…
By Tina Wamala, Immediate Past President of PRAU I solemnly swear……… is a defining moment for any leader who has vied for a post and they are now ready to take on the leadership mantle and start implementing what they envisioned for their term in office. When you take an oath, you are committed to…
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…
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…
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…
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…
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…
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…
Absa Bank Uganda has announced the launch of a new customer campaign, Play Your Cards Right, which will reward 14 lucky winners with cash prizes totaling UGX200 million. Running from June to August 2025, the campaign is open to all Absa debit and credit cardholders, both personal and business, local and foreign. To participate, customers…
