Business

Uganda, BADEA Strengthen Partnership at Islamic Development Bank Meetings

Business June 24, 2026

By Tumwine Byaruhanga Uganda has reaffirmed its strong partnership with the Arab Bank for Economic Development in Africa (BADEA) following a high-level meeting between...

Centenary Bank launches GonzaPay digital wallet as electronic payments grow

Business June 23, 2026

By David Mwanje Centenary Bank has launched GonzaPay, a digital wallet that will allow users to send money, receive payments and access selected financial services...

45°C liquid cooling could cut AI data centre water use to near zero

Business June 23, 2026

By Samuel Ssenono Artificial intelligence data centres are often criticised for the amount of power and water they consume, but a new cooling shift...

Oil demand weakens as US-Iran deal cools prices

Business June 22, 2026

By Nasir Lubwama Global oil demand is now expected to end the year lower, after months of high fuel prices, disrupted supply routes and...

AfDB Approves €155.99m for Arua Airport Upgrade

Business June 20, 2026

By Samuel Ssenono Uganda has secured €155.99 million from the African Development Bank Group to upgrade Arua Airport into an international-standard airport, giving West Nile...

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