Bank of Uganda Governor Dr Michael Atingi-Ego has urged the country to move swiftly to establish a robust regulatory framework for virtual assets, warning that Uganda’s cautious pace risks leaving it behind regional competitors. Delivering the keynote address at the Kampala Blockchain Summit 2025 at Four Points by Sheraton, Atingi-Ego said Uganda stands at “a…
Stanbic Bank Uganda has announced a transformative partnership with FinCom Technologies, the creators of the SchoolPay platform, to deliver the first fully digital lending solution for schools in the country. The collaboration gives thousands of private education institutions immediate access to pre-scored, cashflow-aligned financing, directly through a platform they already use to manage fees. The…
The Bank of Uganda (BoU) has issued an operating licence to Pearl Bank Uganda Limited, which formerly operated as PostBank Uganda, paving the way for the institution to commence business under its new name and identity. The license was handed to the Bank’s Managing Director, Mr Julius Kakeeto, by the Bank of Uganda Governor, Dr…
Bangkok, Thailand — The Uganda High Commission in Kuala Lumpur, accredited to the Kingdom of Thailand, has officially announced the “Pearl of Africa – Uganda Business Forum & Expo 2025 – Thailand Chapter.” Scheduled for November 26, 2025, at the Intercontinental Hotel, Bangkok, the event operates under the theme: “Unlocking Uganda’s Business Potential, Prosperity Through…
Namulonge — Equity Bank Uganda, in partnership with the National Agricultural Research Organisation (NARO), has unveiled the 5th Edition of the Equity NARO Golf Open, set to take place from November 27–29 at the iconic Mary Louise Simkins Memorial Golf Club in Namulonge. The 2025 tournament will run under the theme “17 Years of Transforming…
Finance Minister Matia Kasaija has issued a stern warning to Parish Development Model (PDM) beneficiaries, urging them not to pay any money to anyone to access their loans. The Minister made the remarks on Monday while announcing the release of UGX 529 billion, the first tranche for the 2025/26 financial year, to all 10,589 verified…
The Permanent Secretary and Secretary to the Treasury (PSST), Ramathan Ggoobi, has undertaken a series of high-level field visits to major national development projects, reaffirming the government’s commitment to driving industrialisation, value addition, and improved service delivery across the country. Lubowa International Specialised Hospital Now 68% Complete On Friday, Ggoobi inspected the ongoing construction of…
President Yoweri Kaguta Museveni and Kenya’s President William Samoei Ruto officiated at the groundbreaking of the USD 500 million Devki Mega Steel Plant in Kayoro Village, Osukuru County, Tororo District—an investment set to become one of East Africa’s largest industrial projects. The facility, developed by Kenyan industrialist Dr Narendra Raval (Guru) of the Devki Group,…
Bugembe, Jinja — The Kyabazinga of Busoga, William Gabula Nadiope IV, and President Yoweri Kaguta Museveni on Friday presided over the historic launch of the foundation stone for the Shs135 billion Busoga Kingdom Headquarters, a monumental project poised to transform administration, cultural preservation, and heritage promotion across the kingdom. Speaking at the ceremony, the Kyabazinga…
Lilongwe — The Uganda High Commission in Dar es Salaam, in collaboration with the Government of Malawi, has successfully concluded the first day of the second Uganda-Malawi Business Forum and Exhibition at the President Hotel, located in Umodzi Park, Lilongwe. The forum, organised under the theme “Exploring and tapping into the rich opportunities for deeper…