Category: Business
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Stanbic Bank Launches End to End Digital Account Opening for Private, Business Customers
KAMPALA: Stanbic Bank has announced the launch of ‘Kya Double with Supa Dupa’, a new banking innovation set to redefine how customers access and engage with financial services. Combining digital convenience, instant rewards, and seamless solutions, this new campaign underscores Stanbic’s commitment to making banking faster, easier, and more rewarding for all. Speaking at the launch,…
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Old Mutual Unveils High-End Investment Platform for Uganda’s Elite
Old Mutual Investment Group (OMIG) Uganda has officially unveiled its new product called “Private Wealth By Old Mutual”, a bespoke investment solution specifically designed for high-net-worth individuals and entities in Uganda. The launch event, held at the Sheraton Hotel in Kampala, brought together over 50 of Uganda’s most influential business leaders, investors, and professionals to…
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Rockboom Made My Dream Come True” — Restaurant Owner Wins Toyota Noah
Kasawo-Mukono was buzzing with energy and excitement on Thursday as Nabukwasi Margret, a humble restaurant owner, was officially handed the keys to a Toyota Noah, a prize won in the ongoing Boom Kyakala campaign. The Rockboom team was welcomed with cheers and ululations from an eager local community, all gathered to witness the life-changing moment.…
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NARO hosts APA 2025 conference in Uganda, Spotlighting Innovation in Potato research
Kassim Sadik, Deputy Director General for Agricultural Technology Promotion at NARO, emphasized the need for greater private sector involvement in agricultural science.
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MPs applaud Roko on quality works at Tourism school
The establishment offers diploma and certificate courses in hotel management, tourism management, pastry and bakery, and other related fields.
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Kenneth Kimbugwe: Rethink Savings to Secure Uganda’s Financial Future
In today’s fast-paced economy, the pressure to see immediate returns on investment is understandable. From the popularity of mobile money savings options to the surge in interest for Unit Trusts, Ugandans are clearly hungry for financial growth. But here’s the paradox — while we chase short-term wins, we often sideline the bigger, more enduring goal:…
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Qcil Secures USD 36 Million Facility from
Stanbic Bank to Expand Production of Life-Saving Medicines Kampala, Uganda, May 21, 2025— Quality Chemical Industries Limited (Qcil) hassecured a USD 36 million (UGX 133 billion) debt facility from Stanbic Bank Uganda to construct a second manufacturing facility. This new facility will not only increase production capacity for Qcil’s existing portfolio, but also enable the…
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Uganda’s GROW Project, A force Meant To Empower Women Entrepreneurs
After being launched in March 2023 by His Excellency Gen. Yoweri Kaguta Museveni, President of the Republic of Uganda, the Generating Growth Opportunities and Productivity for Women Enterprises (GROW) Project is a transformative government initiative aimed at empowering female entrepreneurs across the country. Funded through a USD 217 million grant from the International Development Association…
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DPP appeals Acquittal of Threeways Shipping Directors in $3.8m MTN fraud Case
Director of Public Prosecutions (DPP) Jane Frances Abodo has filed a notice of appeal against the acquittal of Oscar B. Baitwa and Geoffrey Bihamaiso, directors of Three Ways Shipping Services Ltd, in a high-profile case involving the theft of over USD 3.8 million from MTN Uganda. The appeal, lodged on May 5, after Justice Lawrence…