East Africa
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News
Uganda to reject regional mergers in iron and steel industry
WAKISO, February 14, 2026 — Uganda is set to reject proposed industrial mergers in the iron and steel sector involving regional players within the East African Community [EAC]. The Permanent Secretary and…
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Nedbank moves to acquire 66 percent stake in NCBA Group
KAMPALA, January 24, 2026 — NCBA Group PLC [NCBA] has announced that it has received a Strategic Investment Proposal and a Notice of Intention [NOI] from Nedbank Group Limited to acquire approximately…
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News
TDB at 40: Ggoobi lauds lender’s evolution for driving regional development
KAMPALA, January 4, 2026 — The Trade and Development Bank Group [TDB] recently marked 40 years of operations with renewed praise from government and financial sector leaders, who credit the institution’s transformation…
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News
Uganda’s export receipts double year-on-year to Shs 5.3trn – report
KAMPALA, December 19, 2025 — A year-on-year assessment shows that Uganda’s exports almost doubled by 94.4 percent, increasing from US$ 769.62 million in October 2024 to approximately US$ 1.5 billion [approximately Shs…
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News
EAC begins building regional instant payment network with Rwanda-Tanzania pilot
KAMPALA, November 13, 2025 — In an innovative move set to revolutionise how people send and spend money across East Africa, Rwanda and Tanzania have commenced bi-lateral discussions on technical modalities to…
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News
Stability over spectacle: African banks navigate a changing landscape in 2025
KAMPALA, October 14, 2025 — Africa’s banking sector has weathered another steady, if unspectacular, year, according to the African Business 2025 ranking of the continent’s Top 100 Banks. The latest data reveals…
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Uganda’s energy future to take centre stage with UCEM CEO set to speak at AEW 2025
KAMPALA, August 29,2025 — Humphrey Asiimwe, CEO, Uganda Chamber of Energy and Minerals [UCEM] will speak at this year’s African Energy Week [AEW]: Invest in African Energies 2025, which returns to Cape…
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News
History in East Africa as all TotalEnergies CHAN co-hosts reach quarter-finals
KAMPALA, August 19, 2025 –For the first time in a CAF competition, three co-hosts — Kenya, Tanzania, and Uganda — have all advanced to the quarter-finals, sending a powerful message of unity…
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