Business is war.
Students must take charge of their careers rather than wait for opportunities to arrive. Pamela Kabahesi from BrighterMonday Uganda told more than 2,000 young people at a job fair that success requires personal effort and discipline. The two-day event at the Islamic University in Mbale connected students with employers and taught workplace skills. Rashid Kinsambwe…
Uganda and Congo launched a business forum on Friday to strengthen trade ties between the two nations. The event took place in Butembo in eastern Congo with officials from both governments and dozens of companies attending. More than 50 Ugandan firms displayed products ranging from farm goods to construction materials for Congolese buyers. Ambassador Farid…
More than 100 companies received recognition for manufacturing and service quality at an awards ceremony on Friday night. The East Africa Quality Brands Awards took place at the Golf Course Hotel in Kampala and granted winners a Quality Mark to boost their competitiveness abroad. Patrick Nsubuga said the event celebrates businesses that drive regional economic…
Family businesses in Uganda need formal plans to pass control between generations or risk failure. Leaders met on Friday at a Kampala hotel for the third Enjovu Family Business Conference. Organizers partnered with I&M Bank Uganda to address how companies can prepare younger family members for leadership roles. Robert Waggwa Nsibirwa from Buganda said seven…
A Ugandan banana processing program won awards for product quality and innovation across East Africa. The Presidential Initiative on Banana Industrial Development and its business division received recognition for Tooke baking flour at a regional competition. The groups also earned prizes for their displays at a recent national trade show. Dr Florence Isabirye Muranga leads…
A Ugandan mining firm denied fraud accusations against its chief executive on Friday. Blessed Riverstones Uganda said Kasongo Mwana Kitenge Deo made false claims about delivering gold and paying money to the company. The Congolese man works with his wife and has deceived multiple investors with fake metals and forged papers. Simon Obel Omondi from…
Business leaders toured the Liaoshen Industrial Park in Kapeeka on Friday to examine Uganda’s manufacturing growth and investment climate. The Presidential CEO Forum organized the visit to demonstrate how factories create jobs and reduce imports. Executives saw tile production and fruit processing operations that employ more than 1,000 workers and use raw materials from Ugandan…
Cyber insurance premiums are falling even as threats grow more dangerous. Maria Long from Resilience said excess market capacity has driven down prices, while hackers use artificial intelligence to launch more effective attacks. Companies paid less for coverage in 2025 despite security controls failing to keep pace with the speed of new risks. Social engineering…
Insurance companies have sharpened their underwriting methods rather than restricting coverage as regulators increase oversight of financial advisers. Jessica Thayer from Starkweather & Shepley Insurance said carriers examine leadership backgrounds and investment approaches for each firm instead of changing policy terms. The industry has not seen broad enforcement actions since the 2008 financial crisis. Insurers…
Mortgage giants Fannie Mae and Freddie Mac changed their property-liability rules, but the shift has created problems for apartment building owners seeking financing. Danielle Lombardo from Howden US said lenders want coverage for risks that insurers refuse to offer or severely limit. Claims related to sexual abuse, firearms, animal attacks, and poor living conditions have…
