May 2025 - Page 4 of 20

28 May 2025

Africa

AFC backs Mota-Engil with over $100M to power gold mining in Mali, Côte d’Ivoire

ShareFacebookTwitterLinkedInPinterestEmailStrategic investment deepens AFC’s influence in mining infrastructure, unlocks export potential in Côte d’Ivoire and…

28 May 2025

Africa

Nile Breeze Bamboo Lodge: Serving Authentic Murchison Falls Experience

DestinationsFood & DrinkHospitality & TourismLifestyleLuxuryPlaces To StayThe Big StoryTravelWild Wild West UgNile Breeze Bamboo Lodge:…

27 May 2025

Africa

Damali Ssali Appointed GAIN Uganda’s New Country Director

ProfilesThe Big StoryDamali Ssali Appointed GAIN Uganda’s New Country Directorby Paul MurungiMay 27, 2025May 27,…

27 May 2025

Africa

Kenya poised to unlock $2.4Bn in AI economic potential at GITEX show in 2026

ShareFacebookTwitterLinkedInPinterestEmailAi Everything Kenya x GITEX Kenya techshow is billed to position Kenya at the heart…

27 May 2025

Africa

How Pesawise and Cross Switch alliance could reshape e-commerce in Africa

ShareFacebookTwitterLinkedInPinterestEmailE-commerce in Africa has received a timely boost with digital payment giants Pesawise and Cross…

27 May 2025

Africa

Powering Retail Success: How digital payments fuel revenue growth

Powering Retail Success: How digital payments fuel revenue growthJudy Waruiru is the Regional Managing Director…

27 May 2025

Africa

Housing Finance Bank eases back-to-school expenses with tailored financial solutions

Housing Finance Bank eases back-to-school expenses with tailored financial solutionsKAMPALA – As the new school…

26 May 2025

Africa

Citi Bank Uganda: Profitable but Shrinking – Can Sarah Arapta Reverse the Slide as Her 10-Year Milestone Approaches? Citibank Uganda has delivered another year of strong profit, closing 2024 as the sixth most profitable bank in the country. Yet beneath the surface of stability, cracks are widening. With customer deposits falling for two consecutive years and lending volumes shrinking, Citi’s core banking business is losing ground. As CEO Sarah Arapta approaches her 10-year milestone in January 2026, she faces a defining challenge: can she reignite growth and restore Citi’s competitive edge, or will the bank continue its quiet retreat from Uganda’s top-tier league?

The Big StoryCiti Bank Uganda: Profitable but Shrinking – Can Sarah Arapta Reverse the Slide…

26 May 2025

Africa

Inside Uganda’s 2025 Tax Shakeup: Income Tax Exemptions, VAT Crackdowns, and New Trade Levies Uganda’s 2025 Tax Amendment Bills, as unpacked in the PwC advisory by Pamela Natamba, Trevor Lukanga, Hilda Kamugisha, Doreen Mugisha, Plaxeda Namirimu, Samson Ssonko, Sophie Kayemba, and Juliet Najjinda, mark a decisive moment in the country’s fiscal evolution. With measures ranging from income tax exemptions for SMEs to compliance crackdowns on gaming and digital services, the reforms reflect the government’s delicate balancing act between revenue generation, economic formalisation, and support for local enterprise. As businesses brace for impact, the success of these sweeping reforms will depend not only on legal enactment but also on practical implementation, stakeholder readiness, and continuous dialogue between the private sector, policymakers, and tax professionals.

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26 May 2025

Africa

Uganda’s growing appetite for cashless convenience

Uganda’s growing appetite for cashless convenienceMost everyday transactions in Uganda are made using cashless payment…