The lender posted a 20.4% rise in profit after tax to Shs 586.2 billion Kampala, Uganda | JULIUS BUSINGE | In banking, consistency is often more valuable than bursts of brilliance. Stanbic Bank Uganda Limited appears to have mastered that art. The lender posted a 20.4% rise in …
Read More »COMESA consumers face rising threat from unsafe products
Experts called for stronger regional cooperation, improved monitoring of online platforms, and heightened accountability for digital marketplaces Kampala, Uganda | JULIUS BUSINGE | As the world observed World Consumer Rights Day on March 15, officials across the COMESA region warned that unsafe products in both physical and digital marketplaces …
Read More »Insure anything that has value, Ugandans told as 6th Annual Insurance Week officially kicks off
Kampala, Uganda | JULIUS BUSINGE | Ugandans have been urged to embrace insurance as a critical tool for safeguarding their future, livelihoods and businesses, as the 6th Annual Insurance Week was officially launched at Constitutional Square in the heart of Kampala on March 23. The week-long event, which began with …
Read More »COMESA’s airlines struggle to keep up
Regional watchdog, aviation experts push enforcement of 2025 consumer protection rules as delays and cancellations surge NEWS ANALYSIS | JULIUS BUSINGE | When Moses collected his luggage at an East African airport, he expected a routine arrival. Instead, he found opened gadget packages in his side bag—items he said he …
Read More »Aga Khan exits media to back high-impact sectors
This development comes at the time traditional media outlets worldwide are struggling with declines in core revenue streams, particularly print and broadcast advertising as audiencees goes online NEWS ANALYSIS | JULIUS BUSINGE | The Aga Khan Development Network (AKDN) is poised to exit East Africa’s traditional media industry after …
Read More »Uganda’s NGOs at a crossroads as funding and regulation tighten
The NGO Bureau chief says about 7,000 NGOs operate in Uganda, though many have closed or downsized due to funding and compliance challenges Kampala, Uganda | JULIUS BUSINGE | The future of Uganda’s non-governmental organisation sector is increasingly uncertain, as a combination of donor withdrawal, regulatory scrutiny and operational …
Read More »Government to boost uptake of Spiro e-motorcycles
Kampala, Uganda | JULIUS BUSINGE | The Uganda government has signalled plans to accelerate the adoption of electric motorcycles across public institutions following a high-level visit to the Spiro electric mobility production facility in Namanve Industrial Park. The inspection, led by Robinah Nabbanja early this week, the Prime Minister of …
Read More »New global accounting standard unveiled for NGOs amid shrinking donor funding
Kampala, Uganda | JULIUS BUSINGE | A new global accounting framework for non-profit organisations was unveiled today (March 11) in Kampala, with regulators and financial experts describing it as a major step toward strengthening transparency and accountability in Uganda’s NGO sector at a time when development funding is tightening worldwide. …
Read More »COMESA tightens competition rules on cross-border deals, digital platforms
Consumer advocates say the changes are overdue given the rapid expansion of mobile internet and digital services across COMESA member states Kampala, Uganda | JULIUS BUSINGE | The Common Market for Eastern and Southern Africa has adopted its most far-reaching overhaul of competition and consumer protection rules in more than two …
Read More »Four regional blocs, one regulatory vision
Africa’s competition chiefs forge united regulatory front NEWS ANALYSIS | JULIUS BUSINGE | Four of Africa’s most influential regional competition authorities have signed a cooperation pact that could reshape how cross-border mergers, consumer protection and market conduct are regulated across 38 countries. The Memorandum of Understanding, signed in Livingstone, Zambia …
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