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Proscovia Nabbanja appointed new UNOC Chief Executive Officer
The Uganda National Oil Company (UNOC) Board of Directors has appointed Proscovia Nabbanja who was the company’s Chief Operating Officer (Upstream) as the new Chief Executive Officer. Nabbanja, a geologist, has since August 2019 served as the Acting Chief Executive Officer following the resignation of the founding CEO Josephine Wapakabulo who spent three years in […]
Tropical Bank outs new mobile banking product
KAMPALA, Uganda—Tropical Bank Uganda Ltd has launched its mobile banking platform, Tropical Mobile that allows customers to transact with the bank and pay bills using their mobile phones. “With Tropical Mobile, we bring the entire branch to your palm to allow you conduct realtime transactions at your own comfort using your mobile phones. Customers […]
Tanzania gets $27m for power
DAR ES SALAAM, Tanzania – Tanzania has received about $27 million for a new electricity transmission line to benefit nearly over 30,000 households. The line is being funded by a grant from the German government. It will cover the regions of Geita to Nyakanazi in north-west Tanzania and provide access to electricity for 32,500 rural […]