NAIROBI, Kenya – President William Ruto has announced that the government will start allowing private sector investors to nominate board members in state-linked companies, including […]
Category: Business
Tanzania and Uganda Pledge to Strengthen Ties and Boost Regional Cooperation
Dar es Salaam, Tanzania — The leaders of Tanzania and Uganda have pledged to strengthen bilateral relations and deepen regional cooperation following talks held during […]
Tanzania and Uganda Step Up Major Infrastructure Projects as Oil Exports Near
Dar es Salaam, Tanzania – Tanzania and Uganda are accelerating plans for major infrastructure projects as both countries prepare for the first exports of crude […]
Tanzania and Uganda Pledge Stronger Ties and Deeper Regional Cooperation
Tanzanian President Samia Suluhu Hassan and Ugandan President Yoweri Museveni have agreed to strengthen relations between their two countries and boost cooperation across the East […]
Uganda Becomes Africa’s Fastest Growing Private Sector, Overtaking Nigeria
Uganda has emerged as Africa’s strongest performer in private sector activity, overtaking Nigeria after the West African economy slipped back into contraction. According to the […]
Crypto Exchange Mistakenly Sends Ksh5.1 Trillion Worth of Bitcoin to Users
A South Korean cryptocurrency exchange, Bithumb, has apologised after accidentally sending bitcoin worth about Ksh5.1 trillion ($40 billion) to hundreds of its users. The incident […]
Over 400 Tanzanian Companies Cleared to Export Agricultural Produce to China
More than 400 Tanzanian companies have been approved to export agricultural produce to China, marking a major boost for the country’s trade and farming sector. […]
Top 10 Richest Investors on the Uganda Securities Exchange in 2026
The Uganda Securities Exchange (USE) has seen a remarkable 34% rally over the past year, pushing market capitalization to UGX 37.3 trillion. Despite its relatively […]
Ugandan Coffee Shines at Madrid Coffee Festival 2026
Uganda, famously called the “Pearl of Africa,” is making its mark at the Madrid Coffee Festival 2026 with its rich, sustainable coffee. From the volcanic […]
DAR ES SALAAM: How NMB Reached a Trillion-Shilling Profit Milestone
Dar es Salaam — NMB Bank has recorded a historic financial milestone after its profits crossed the trillion-shilling mark, cementing its position as one of […]