Business

Finance Trust Bank to surrender commercial license for Tier II status – UG Standard

KAMPALA, Uganda — Finance Trust Bank has officially applied to surrender its commercial banking license in favor of a Tier II credit institution status,...

Uganda promotes gorilla trekking, Nile cruises at major European fairs – UG Standard

KAMPALA, Uganda — Ugandan officials are showcasing mountain gorilla trekking and Nile River adventures at premier European travel fairs this month, part of a...

MoMo Advance drives nearly 80 percent growth in MTN mobile credit

KAMPALA, Uganda — The launch of the MoMo Advance overdraft product has propelled MTN Mobile Money lending to Shs 2.5 trillion, marking a nearly...

Education ministry issues revised new school calendar 2026

KAMPALA, Uganda — The government has ordered all educational institutions that opened for the 2026 academic year to close immediately, deferring the general start...

Minigrid CEOs demand $10 billion in equity to meet 2028 energy goals

NAIROBI, Kenya — Chief executives from Africa’s leading minigrid companies on Monday issued a 17-step action plan calling for urgent regulatory and financial mobilization...

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