Business

  24 Boys Step into the Shoes of Absa Senior Executives for a Day   Kampala, Uganda  | NEWS CORRESPONDENT | Twenty-four secondary school students from across Uganda have spent a day shadowing senior leaders at Absa Bank Uganda as part of a mentorship initiative aimed at exposing young people to …

Kampala, Uganda | URN | The expected oil revenues could provide an important source of financing for the country’s Energy Transition Plan (ETP), but they will not be sufficient on their own to fund investments required to transform the energy sector and achieve broader development goals, experts have said. The …

  Equity Bank enables St. Andrew’s School Save UGX 15 Million a Year Through Clean Cooking   Mbarara, Uganda | NEWS CORRESPONDENT | In Mbarara district, within Rubindi village, a quiet revolution is taking place. St Andrew’s Secondary School is leading clean cooking in the area. The school administration recently acquired …

  dfcu Bank Signals Deeper Stake in Uganda’s Evolving Education Sector Kampala, Uganda | NEWS CORRESPONDENT | As Uganda’s education sector confronts rising costs, increasing regulatory complexity, and shifting global standards, dfcu Bank has signalled a deeper strategic commitment to supporting institutional growth, sustainability, and long-term resilience, particularly within the …

Dubai,UAE | NEWS CORRESPONDENT |  Airtel Africa Foundation, the philanthropic arm of Airtel Africa plc, has committed $6.2 million to interventions across its four strategic pillars: Financial Inclusion, Education, Environmental Sustainability and Digital Inclusion (FEED), with education receiving the largest share of investment. Airtel Africa Foundation confirmed the commitment during the …

Equity Bank Uganda Named Corporate Business Of The Year At The African Business Chamber African Business Awards 2026   Kampala, Uganda | NEWS CORRESPONDENT | Equity Bank Uganda has been named Corporate Business of the Year at the prestigious African Business Chamber (AfBC) African Business Awards 2026, in recognition of its …

Kampala, Uganda | URN | The Permanent Secretary and Secretary to the Treasury, (PSST) Ramathan Ggoobi, has defended the ongoing trade order enforcement across the country, saying it is a strategy to transform the economy. He  argues that organized business practices are essential for Uganda’s economic transformation and attracting investment. …

  Uganda’s frontline tool against vehicle theft, helps recover 34 stolen vehicles   Kampala, Uganda | NEWS CORRESPONDENT |  Uganda Police, working with the Intelligent Transport Monitoring System (ITMS), recorded a vehicle recovery rate of more than 90 percent during the latest reporting period, underscoring the growing role of technology …

Kampala, Uganda | THE INDEPENDENT |  Veteran communications strategist, public relations professional, and corporate governance expert Henry Rugamba has been appointed the new chairperson of the Board of Directors for Equity Bank Uganda, effective June 15, 2026. He succeeds Mark Ocitti Ongom, who retired from the position after nine years …

Kampala, Uganda | URN | Mogo, East Africa’s leading asset financier, has financed more than 500,000 smartphones across the region in just 14 months, underscoring growing demand for affordable digital credit and flexible payment plans that are helping consumers cope with rising economic pressures, it said on June 15 in …