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UEDCL secures $50 million loan for distribution network upgrades

Business Mweru -
KAMPALA, Uganda — Absa Bank Uganda announced a five-year, $50 million debt financing facility for the Uganda Electricity Distribution Company Limited, or UEDCL, Monday,...

Robotics competitions essential for Uganda’s future economy

Business Mweru -
KAMPALA, Uganda — The government has reaffirmed its support for national robotics and skills competitions, calling them essential to preparing young Ugandans for a...

Court sets date to rule on Walukagga disqualification

Business Mweru -
KAMPALA, Uganda  — The High Court in Kampala is scheduled to deliver its judgment on Dec. 22 in an election petition filed by Mathias...

Former Benin Prime Minister named Shelter Afrique Board Chair – UG Standard

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NAIROBI, Kenya — Shelter Afrique Development Bank, a Pan-African multilateral development bank focused on housing and urban development, has elected Lionel Zinsou as the...

Mobile Money transaction value towers over Ugandan bank assets, data shows – UG Standard

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KAMPALA, Uganda — The annual value of mobile money transactions in Uganda is now approximately five times greater than the entire commercial banking sector’s...
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Equity Group posts record $585m profit as regional pivot pays off – UG Standard

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NAIROBI, Kenya — Equity Group Holdings has reported a...

Parliament Passes Copyright Amendment Bill to Boost Creatives Earnings, Artists Celebrate

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Musicians across the country are jubilant after the Ugandan...

Bryan White Reportedly Apologizes to Late Carol Nalubwama’s Family, During Private Talks

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Socialite Bryan White Kirumira has allegedly apologized to the...

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