Know. Decide. Grow
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How Dangote’s $2.5bn fuel hub could reshape Southern Africa’s oil supply map
Nigerian industrialist Aliko Dangote’s bet on Namibia’s coast promises cheaper fuel, deeper integration and a new logistics spine for landlocked economies, including Botswana, Zambia, Zimbabwe, Malawi and DRC. Aliko Dangote has again placed a huge bet on Africa’s energy infrastructure deficit. On Wednesday this week, at a dusty site 10 kilometres east of Walvis Bay,…
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An unofficial guide to offshore investing
Why you should invest offshore – a recap The Zimbabwe Stock Exchange (ZSE) when compared to the rest of the global share market consists of less than 1 per cent. Therefore, if your portfolio is made up entirely of shares on the ZSE or any investments restricted to Zimbabwe then you are potentially missing out…
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Safaricom net profit jumps 36% to Sh58.2 billion as Ethiopian losses contract
Kenyan telco’s half-year earnings beat on M-PESA and data growth, while its costly Ethiopian venture moves within sight of operating break-even. Group service revenue rose 13.1% to KES 226.1 billion, but Kenya remains the engine of profitability and Ethiopia the source of both the drag and the upside. Safaricom reported a 35.9 per cent rise…
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Mini LED Moves Beyond Flagship TVs as Technology Claims 13% of Global Shipments
KAMPALA — Mini LED is moving into a broader phase of the television market, giving more shoppers access to the technology while making comparisons between products increasingly important. According to Omdia figures cited in a new TCL release, Mini LED televisions represented 13% of global TV shipments in the second quarter of 2026. That share…
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NWSC launches Shs694b water project to serve over 1 million in Kyengera, Wakiso, Kajjansi and Mpigi
KAMPALA — The Government of Uganda, through National Water and Sewerage Corporation (NWSC), has launched a Shs694 billion (€145 million) project to supply water from Lake Victoria to more than 1 million people in the fast-growing areas south and west of Kampala, where many households currently receive water only on rationed days. The Wakiso West…
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Vivo Energy Uganda, MTN MoMo launch 20% cashback on weekday evening fuel purchases
Motorists who pay for fuel at Shell service stations using MTN MoMo between 5 p.m. and 6 p.m. on weekdays will receive 20% cashback under a new promotion launched by Vivo Energy Uganda and MTN MoMo. The campaign, dubbed “Fuel Happy Hour”, was launched on Monday at Shell Kitetika service station. Vivo Energy Uganda markets…
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Nabbanja calls for procurement reforms to promote transparency and value for money
Prime Minister Robinah Nabbanja has called for stronger accountability, transparency and the adoption of modern technology in public procurement to ensure government resources deliver value for money and improve service delivery. Nabbanja says public procurement should be treated as a strategic tool for economic transformation rather than merely an administrative process, noting that it plays…
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UAE leveraging technology in Africa
Long gone are the days you hear of Africa and envision mud huts and malnourished babies. Well, maybe long-gone is an over-statement because these unfathomable pasts are buried in very shallow time graves and ever threatening to re-emerge and haunt the continent again. It is for this very reason that Africa, and its trade and…
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FOWODE, business groups oppose URA plan to access bank accounts
KAMPALA — Women’s rights advocates, civil society organisations and business leaders have warned that the government’s renewed proposal to grant the Uganda Revenue Authority (URA) access to Ugandans’ bank account information could undermine women’s economic empowerment, discourage formal banking and threaten the survival of small businesses. The groups say the proposed measure, which was discussed…
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DP World’s tightening grip on Africa’s blue economy
In the past 10 years, DP World has solidified its presence in over 40 countries, including in nearly 10 ports in Africa, boosting the continent’s blue economy. Senegal is one of the biggest beneficiaries of DP World overseas investments in ports. In June, Tanzania engaged DP World to run two berths in the Port of…
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