Uganda’s export drive is entering a more organised phase as the Uganda Free Zones and Export Promotions Authority (UFZEPA) adopts a special economic zones approach to support exports. Formed in 2024 by merging the Free Zones regulator and the export promotions agency, the Authority now oversees both special economic zones and national export marketing under…
President Yoweri Kaguta Museveni has cautioned Ugandans against treating the country’s oil as permanent wealth, insisting that the petroleum resources in the Albertine region must be managed prudently to create lasting economic benefits beyond the 20–25 years of production. Addressing supporters in Buliisa Town Council on Thursday during his campaign trail in the Bunyoro sub-region,…
President Yoweri Kaguta Museveni has cautioned Ugandans against placing excessive hope in the country’s upcoming oil revenues, urging households to prioritise sustainable wealth creation through commercial agriculture. Speaking during a campaign rally in Masindi Municipality on Wednesday, December 10, 2025, President Museveni said that while Uganda’s oil production—set to begin in 2026—will significantly boost national…
Airtel Africa Foundation, the philanthropic arm of Airtel Africa plc, has announced the launch of its ‘Airtel Africa Foundation Tech Fellowship’ initiative in Uganda. The initiative will award 20 Tech Fellowships to Ugandan undergraduates from low-income households, enabling them to pursue degrees in STEM fields. The program directly tackles the financial and skills barriers that…
Pearl Bank (formerly PostBank Uganda) has launched a new festive initiative dubbed “Pearl Santa”, aimed at celebrating and appreciating customers across selected branches this holiday season. The campaign will feature surprise visits from “Pearl Santa,” who will spread Christmas cheer through interactions, cake cutting, and festive giveaways. Priscilla Akora, the bank’s Head of Marketing and…