Russia’s Rosatom inks $1.2 Billion nuclear energy deal with Tanzania
Deal aims to harness Tanzania’s vast uranium reserves as a driver for economic growth, industrial development, and future clean energy prospects. Project involves a 20-year plan to extract and process an estimated 300,000 tonnes of uranium. Construction is scheduled to begin in the first quarter...
Regional Stanbic banks host talks on unlocking EAC domestic capital for infrastructure
Unlocking domestic capital to drive infrastructure development across the East African Community (EAC) is crucial for sustaining economic growth in the region.
Blockchain fintech Shiga Digital eyes firms in Africa, deepens reach with Tether deal
Shiga Digital has unveiled its new Android and iOS apps, expanding access to its end-to-end digital finance platform for businesses and individuals across Africa. Plan will see fintech make it simpler for businesses and individuals to send and receive stablecoin payments, manage cross-border transactions, and...
Enough Of Lip Service! CX Experts Urge East African CEOs & Boards to Radically Rethink Customer Experience
At the inaugural Customer Experience Association of Uganda (CXA Uganda), CEO Breakfast, three leading customer experience experts—Carol Beatrice Njoki, Liz Okomba, and Ian Golding—issued a bold challenge to East African CEOs: it’s time to stop treating customer experience as a soft function and start leading...
Enough Of Lip Service! CX Leaders Urge East African CEOs to Radically Rethink Customer Experience
At the inaugural Customer Experience Association of Uganda (CXA Uganda), CEO Breakfast, three leading customer experience experts—Carol Beatrice Njoki, Liz Okomba, and Ian Golding—issued a bold challenge to East African CEOs: it’s time to stop treating customer experience as a soft function and start leading...
Tycoon Kavuya refutes claims Minister Bahati has significant debt to him
KAMPALA, Uganda — Business tycoon Ben Kavuya has dismissed reports that State Minister for Trade, Industry and Cooperatives (Industry) David Bahati is heavily indebted to him, calling the claims false and politically motivated.
UCC ED Thembo receives top honor for driving Uganda’s digital progress
KAMPALA —Mr. George William Nyombi Thembo, executive director of the Uganda Communications Commission (UCC), was honored as a 2024/25 Business Trendsetter Thursday, recognizing his role in Uganda’s significant digital transformation.
Afreximbank leads $4 billion Dangote Refinery refinance plan
Afreximbank has signed a $1.35 billion loan financing for Dangote Industries Limited (DIL) as part of a larger $4 billion syndicated credit plan. Syndication of one of the largest loans in recent African financial markets that aims refinance construction of the Dangote Petroleum Refinery and...
Govt hails Stanbic Bank for revolutionizing money remittances sector
KAMPALA – The Government of Uganda has commended Stanbic Bank for its pioneering efforts in transforming the country’s remittance ecosystem, marking a significant milestone in the evolution of the financial sector.
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