Topic: Uganda
New bill proposes annual licensing fee for bankers, pushes industry reforms
Sep 09, 2024 at 12:20 PM
A new bill introduced in the Kenyan Parliament seeks to establish a regulatory body for the country's banking sector....
World Bank appoints Qimiao Fan as new country director for East Africa
Sep 02, 2024 at 02:11 PM
The World Bank Group has announced the appointment of Qimiao Fan as the new country director for Kenya, Rwanda, Somalia, and Uganda....
I&M posts Sh8.7 billion profit before tax, achieving 24 per cent growth in HY2024
Aug 22, 2024 at 08:35 PM
I&M Group PLC reported a strong financial performance for the first half of 2024, with a 24 per cent increase in Profit Before Tax (PBT) to Sh8.7 billion, compared to Sh7.0 billion...
Jubilee Insurance launches campaign to boost financial literacy in East Africa
Aug 16, 2024 at 04:36 PM
Jubilee Insurance has introduced a new campaign, "There’s Living, and There’s Living Free," aimed at improving financial literacy across East Africa....
113 scholars secure global scholarships courtesy of Equity Leadership Program
Aug 08, 2024 at 04:08 PM
A cohort of 113 exceptional young minds from across East Africa is set to embark on a transformative journey after securing full scholarships to prestigious universities worldwide....
Qatar Airways expands African reach with increased flights to Entebbe
Jul 12, 2024 at 02:03 PM
Qatar Airways is set to bolster its presence in Africa with an enhanced flight schedule to Entebbe, Uganda, adding three more flights per week to its existing daily service....
New Kipevu Oil Terminal facilitates Uganda's maiden fuel import via Mombasa Port
Jul 04, 2024 at 08:49 PM
The Port of Mombasa’s new Kipevu Oil Terminal has marked a significant achievement with the arrival of the first consignment of directly imported fuel from Uganda....
Equity doubles down with Sh15.1 billion dividend payout for second consecutive year
Jun 27, 2024 at 12:23 PM
Equity Group shareholders celebrated a windfall at the company's 20th Annual General Meeting (AGM) after overwhelmingly approving a record-breaking Sh. 15.1 billion dividend payout...
Uganda-Kenya dairy trade tensions simmer despite recent presidential pacts
Jun 21, 2024 at 02:09 AM
Trade relations between Uganda and Kenya have encountered fresh challenges despite recent pledges by Presidents Yoweri Museveni and William Ruto to strengthen bilateral ties....
Kenya secures funding from China's Exim Bank to extend SGR to Uganda
May 19, 2024 at 12:00 PM
Kenya has secured a significant boost for its regional infrastructure ambitions with China’s Exim Bank committing to fund the construction of the Standard Gauge Railway (SGR) ext...
Kenya and Uganda ink landmark deals to bolster regional trade and cooperation
May 17, 2024 at 01:51 PM
In a significant move towards bolstering regional trade ties, Kenya and Uganda have finalized a tripartite agreement focused on the importation and transit of petroleum products....
Spotify's RADAR Africa shines spotlight on continent's emerging stars
May 09, 2024 at 09:23 PM
Spotify's RADAR program, designed to elevate rising talent on a global scale, has this year turned its focus on Africa's burgeoning music scene....
American Institutes for Research opens its strategic East African office in Kenya
Apr 29, 2024 at 06:21 PM
The American Institutes for Research (AIR) has solidified its commitment to advancing research and technical assistance in East Africa with the inauguration of its new office in Ke...
Diplomatic disquiet as Uganda dithers to withdraw oil import case against Kenya
Apr 26, 2024 at 09:33 AM
Uganda's decision to withhold the withdrawal of its case against Kenya continues to cast shadows over the diplomatic truce struck between the two East African nations....
Kenya to grant license to Ugandan oil company, ending months-long dispute
Mar 28, 2024 at 09:38 PM
Months of tension between Kenya and Uganda over fuel import rights are finally coming to an end....
Tremor in Kenya oil sector as Uganda turns to Tanzania for its fuel imports
Feb 26, 2024 at 12:32 PM
Uganda's decision to explore fuel imports through Tanzania's Port of Tanga has sent shockwaves through the Kenyan oil industry, potentially jeopardizing billions of dollars in trad...
Madaraka Express freight service gets a boost with arrival of 50 new wagons
Feb 06, 2024 at 12:40 AM
The Madaraka Express freight service received a significant boost on Monday with the arrival of 50 new wagons, marking a pivotal moment for Kenyan infrastructure development....
CAK approves acquisition of Kenya Bottling Company by Mauritius firm
Jan 09, 2024 at 01:30 PM
Crown Beverages Limited has received unconditional approval from the Competition Authority of Kenya (CAK) for the acquisition of the entire issued share capital of Kenya Bottling C...
2 suspects nabbed in athlete Benjamin Kiplagat killing, CCTV footage surfaces
Jan 01, 2024 at 07:13 PM
Two suspects have been arrested in connection with the shocking and tragic stabbing to death of Ugandan athlete Benjamin Kiplagat over the weekend, police disclosed on Monday....
Kenyan locks horns with Rwandan investor in Sh400 million company tussle
Dec 21, 2023 at 04:58 PM
A Nairobi courtroom became the stage for a high-stakes legal battle on Wednesday, as Kenyan businessman Kirimi Koome vehemently defended his sole ownership of Stay Online Limited, ...