Business

Data, Mobile Money Drive Airtel’s Q1 Earnings in East Africa

KAMPALA, UGANDA — Airtel’s East Africa operations reported strong first-quarter earnings in 2025, primarily driven by surging data consumption and robust growth in its mobile...

Vivo Energy, UNOC ink deal for Hoima LPG facility, eyeing regional energy market

KAMPALA, Uganda — Vivo Energy Uganda and the Uganda National Oil Company (UNOC) have officially partnered to develop a major liquefied petroleum gas (LPG)...

Uganda wins UGX 7 trillion rail case in London

KAMPALA, Uganda — Uganda has secured a landmark victory in a protracted arbitration dispute in London, saving the East African nation more than 7...

Bank of Uganda Faces Hurdles Phasing Out 1,000 Shilling Note

KAMPALA, UGANDA — The Bank of Uganda (BOU) is grappling with significant hurdles in its long-running bid to phase out the 1,000 shilling banknote,...

Best Bank and Best Investment Bank

Stanbic Bank Uganda has been named Best Bank and Best Investment Bank in Uganda in the 2025 Euromoney Awards for Excellence, cementing its position...

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