Who is Dr. Gerald Banaga-Baingi, the newly appointed Chief Executive Officer of Uganda National Mining Company?
Mining/Oil & GasMinistries, Agencies & DepartmentsThe Big Story Who is Dr. Gerald Banaga-Baingi, the newly appointed Chief Executive Officer of Uganda National Mining Company? by Paul MurungiMarch 31, 2025March 31, 2025 Share Tweet Pin it Share Email More Dr. Gerald Banaga-Baingi is the first Chief...
Equity Bank Uganda and FITSPA Strengthen Digital Financial Inclusion through Fintech Collaboration
Equity Bank Uganda and FITSPA Strengthen Digital Financial Inclusion through Fintech Collaboration Equity Bank’s Managing Director, Mr. Gift Shoko, giving a speech at the Fintech engagement breakfast KAMPALA – Equity Bank Uganda in collaboration with the Financial Technologies Service Providers Association (FITSPA) has successfully hosted...
34% of phones are counterfeit, UCC report reveals
34% of phones are counterfeit, UCC report reveals Uganda’s telecom regulator, UCC, reports that 34% of mobile phones in the country are counterfeit, posing health risks to users. KAMPALA, Uganda — A staggering 34% of Ugandans own fake phones, a new report by the Uganda Communications Commission...
Vivo Energy Uganda introduces safe cooking solution for schools
Vivo Energy Uganda introduces safe cooking solution for schools Joanita Menya Mukasa, Managing Director of Vivo Energy Uganda (right), shakes hands with Ddumba John Peter, Chef at King’s College Buddo (left), marking the launch of the school’s clean cooking kitchen powered by Shell Gas. KAMPALA, Uganda — Vivo...
Umeme to appeal buyout decision after accepting $118 million offer
Umeme to appeal buyout decision after accepting $118 million offer Umeme Limited accepts reduced $118 million buyout offer, plans to appeal decision amid concession agreement dispute KAMPALA, Uganda — Umeme Limited, Uganda’s main electricity distributor, said Monday it has accepted a $118 million buyout offer from...
CMA Uganda commits to market stability amid UMEME developments
CMA Uganda commits to market stability amid UMEME developments An employee of Umeme carries out a pole connection for a customer (PHOTO/File). KAMPALA – The Capital Markets Authority (CMA) of Uganda has moved to reassure the public and shareholders of UMEME Limited, following recent developments...
Businessman Haruna Sentongo, A Brother to Billionaire Businessman Hamis Kiggundu, Ordered to Pay UGX 10.38 Bn to I&M Bank or Lose Property Haruna Sentongo’s legal battle with I&M Bank serves as a stark reminder of the consequences of financial negligence, where failure to meet contractual obligations can lead to hefty debts, property loss, and irreparable damage to one’s business reputation.
Commercial JusticeNews & AnalysisThe Big Story Businessman Haruna Sentongo, A Brother to Billionaire Businessman Hamis Kiggundu, Ordered to Pay UGX 10.38 Bn to I&M Bank or Lose PropertyHaruna Sentongo’s legal battle with I&M Bank serves as a stark reminder of the consequences of financial negligence,...
Uganda Courts Chinese Investors with Rich Oil and Mineral Resources
Uganda Courts Chinese Investors with Rich Oil and Mineral Resources SHENYANG, China — Uganda’s rich oil and mineral resources took center stage at the 1st Uganda–China Mining and Petroleum Investment Promotion Conference, as the East African nation sought to woo Chinese investors and strengthen bilateral...
Opportunity Bank shares Iftar with customers in Community Support Initiative
Opportunity Bank shares Iftar with customers in Community Support Initiative In celebration of Ramadan, Opportunity Bank extended its support by providing nutritious iftar meals at key locations, including the local mosque in Kamwokya, as well as Kawempe, Iganga, and Masaka. The initiative also included surprise...
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