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I&M Bank sees UGX20 billion profit in 2024..
May 6th, 2025Pedson MumberePeterI&M Bank Uganda has demonstrated impressive financial performance for the year ending December 31, 2024, with notable growth across all critical finan..
Judge acquits ThreeWays bosses over MTN's UGX1..
In a ruling that has sent shivers through Uganda’s corporate and legal circles, Justice Lawrence Gidudu of the Anti-Corruption Court has acquitted t..
UGX6.7 trillion earned from coffee exports in ..
Uganda has recorded its highest-ever annual revenue from coffee exports, earning UGX6.7 trillion (US$1.84 billion) from 6.87 million 60-kilogram bags ..
Time to walk the talk about internet access ..
Last week, I revisited Uganda’s National Broadband Policy of 2018—and what I found was a compelling vision still waiting to be fully realised...
Mbuya organization gets $65m boost from MTN ..
MTN Uganda’s corporate social responsibility arm, MTN Foundation, has handed over a state-of-the-art computer lab to the Code Compass Foundation in ..
Finance Trust Bank profits surge to UGX10 bil..
Finance Trust Bank (FTB) has demonstrated a compelling financial performance in 2024, reporting an exceptional 178% surge in after-tax profits, climbi..
Gov’t, bankers gang up to combat financial c..
The Uganda Bankers Association (UBA) has established the Financial Sector Anti-Fraud Consortium, a collaborative initiative designed to proactively ad..
Foreign currency turnover tops UGX17.82 tn –..
As of December 31, 2024, Uganda’s forex bureau and money remittance sub-sector had handled foreign currency transactions worth UGX17.82 trillion, re..
Revenue from international tourists up by 25%..
Uganda’s tourism sector registered significant growth in 2024, with international tourist receipts rising by more than 25% to reach UGX4.8 trillion,..
Gov’t warned on electricity finance bottlene..
Uganda requires a massive capital injection of UGX 23 trillion if it is to achieve universal electricity access by 2040, Sidronious Okasaai Opolot, St..