Business

Stanbic Bank Uganda has launched an end-to-end digitalized trading platform dubbed “Quantum Trade” to enable customers access Import Letters of Credit and Domestic guarantees quickly within few hours. The online platform will facilitate trade and...

Rock Boom took home the Platinum Award in the best energy drinks category at this year’s Consumers Choice Awards. Consumers Choice Award is an organization in Uganda that recognizes business excellence annually by conducting comprehensive...

The year 2020 was like no other.  COVID-19 struck at the beginning of the year and the East Africa region had its first case of infection in early March. The global spread of the virus...

The Indian Association Uganda has elected new members to its Board of Trustees Tycoon Sudhir Ruparelia who was first elected to serve on the board in 2019, retained his position as the association elected seven...

Crown Beverages Limited has unveiled its new Mirinda Orange flavour onto the market. This was at a media event held at White sand beach, Entebbe where media personalities participated in a taste challenge and experienced...

Leading power distributor Umeme navigated a challenging year to register profit for its shareholders amidst a tough COVID19 operating environment and the regulatory lag in recovery of outstanding income. Although the profits declined, the giant...

Cabinet has approved the proposal to build the first ever satellite station in Uganda.The project is hoped to help in developing Uganda’s space capabilities and leverage space science and technology for sustainable development.According to the...

Power distributor Umeme has launched countrywide operations against suspected electricity thieves. This follows a rise in energy losses from 16.4% in 2019 to 17.5% 2020. The increase is attributed to the suspension of drives against...

The pride of any father is seeing children succeed on their own. The smirk of satisfaction was painted on billionaire Sudhir Ruparelia’s face as his daughter Sheena Ruparelia gave him a tour of the nine-floor...

The United Nations system in Uganda and Equity Bank Uganda have established new partnerships for acceleration of the attainment of the Sustainable Development Goals (SDGs) in the country. The new partnership will promote social inclusion...