Africa Is Oil-Rich Yet It Suffers Whenever Oil Markets Are Disrupted Elsewhere?
Every time a war breaks out thousands of kilometres away from Africa, fuel prices on the continent rise. Transport costs increase. Food becomes more expensive....
Category : Business
MTN Mobile Money Uganda Names Phrase Lubega New MD
MTN Mobile Money Uganda has appointed veteran telecommunications and financial services executive Phrase Lubega as its new Managing Director, marking a significant leadership transition as...
Why the Bank of Uganda Is Limiting Individual Cash Withdrawals
The Bank of Uganda (BoU)’s recent decision to introduce limits on individual cash withdrawals has triggered public debate, particularly among businesses and individuals accustomed to...
Museveni Calls for Stronger European Union Investment in Africa’s Manufacturing Future
President Yoweri Museveni has called on the European Union to support Africa’s industrialisation agenda through increased investment in value addition, manufacturing, and technology transfer, arguing...
PayPal Expands Digital Dollar to Africa, Opening New Opportunities for Ugandan Businesses
Ugandan businesses, freelancers, and digital entrepreneurs are set to benefit from faster international payments and lower transaction costs following a major expansion by global payments...
Uganda’s New Petroleum Licensing Round Must Balance Development Ambitions with Emerging Climate Obligations
Uganda’s announcement of a third petroleum licensing round for the 2026/27 financial year marks another significant milestone in the country’s journey toward becoming an oil-producing...
Absa Cleared to Take Over Standard Chartered’s Retail Banking Business in Uganda
The Bank of Uganda has approved the acquisition of Standard Chartered Bank Uganda’s Wealth and Retail Banking (WRB) business by Absa Bank Uganda, paving the...
European Payment Systems Face Compliance Pressure as Traderoot Positions UIP as Real-Time Solution
Financial institutions across Europe are facing mounting pressure to modernize payment infrastructure as anti-money laundering (AML) and sanctions compliance regulations become increasingly demanding in the...
Equity Leaders Program Changing Lives of Uganda’s Brightest Students
For many young people across Uganda, education remains one of the few opportunities capable of transforming lives, lifting families out of poverty, and creating hope...
Equity Group Posts Strong Q1 2026 Growth as Equity Bank Uganda Expands Regional Footprint
Equity Group Holdings has reported strong first quarter 2026 financial results, underlining the Group’s accelerating regional expansion strategy, technology-led transformation and growing customer base across...