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    EFC bank depositors with more than UGX 10m to wait longer for refunds

    The CEO Magazine TeamFinanceJanuary 25, 2024January 25, 2024

    The Bank of Uganda has in a statement said big ticket depositors who held more than UGX 10m in deposits in the collapsed EFC Uganda bank, will have to exercise…

    Tech trends that ruled in 2023, and what to expect in 2024?

    The CEO Magazine TeamICTThe Big StoryJanuary 25, 2024January 25, 2024

    In the realm of technology, each year brings a new wave of innovations and trends that captivate the market and shape the digital landscape. The year 2023 was no exception,…

    Inside story: How EFC Uganda sank into a financial crisis

    The CEO Magazine TeamFinanceIndustry & AnalysisThe Big StoryJanuary 23, 2024April 27, 2024

    Bank of Uganda, Uganda’s central bank, on January 19th, 2024 placed EFC Uganda Limited under liquidation, revoked its license, and ordered the winding up of its affairs. This in effect…

    Pius Ngugi, the Kenyan billionaire who has built a fortune from exporting cashew nuts, macadamia

    The CEO Magazine TeamBillionairesEast AfricaThe Big StoryJanuary 16, 2024January 16, 2024

    Pius Ngugi is one of the wealthiest Kenyans. He was born in Kiambu on March 8, 1944. He is a proud polygamist and is married to Josephine Wambui Ngugi and…

    German software firm, SAP, fined USD 100 million over bribery in five African countries 

    The CEO Magazine TeamGlobal NewsIndustry & AnalysisThe Big StoryJanuary 14, 2024January 14, 2024

    The Washington D.C.-based Securities and Exchange Commission (SEC) has announced charges against SAP SE- a German multinational software company for bribery schemes to government officials in South Africa, Malawi, Kenya,…

    Jailed ex-Kenyan Minister faces 3 years in Ugandan jails for faking customs documents and gold smuggling 

    The CEO Magazine TeamEast AfricaNews & AnalysisJanuary 11, 2024January 11, 2024

    The Anti-corruption court presided over by Her Worship Esther Asiimwe yesterday January 10th remanded Tarus Stephen Kipkiyeny to Luzira prison up to 18th January 2023 over falsification of export documents….

    The World’s Most and Least Powerful Passports in 2024 

    The CEO Magazine TeamAfricaEast AfricaNews & AnalysisJanuary 11, 2024January 11, 2024

    Four European Union member states — France, Germany, Italy, and Spain — join Japan and Singapore in boasting of the most powerful passports in the world, with their citizens able…

    Stephen Tarus, an ex-Kenyan Minister arrested in Uganda over gold smuggling

    The CEO Magazine TeamNews & AnalysisThe Big StoryJanuary 11, 2024January 11, 2024

    The Uganda Revenue Authority (URA)  has arrested Mr. Stephen Kipkiyeny Tarus, Kenya’s former Minister for gold smuggling thus causing revenue loss to the Uganda government. Mr. Kipkiyeny who served under…

    The Journey to CIO with Elijah Kitaka⏤ Meet Rita Kabatunzi, one of the mentors

    The CEO Magazine TeamProfilesThe Big StoryThought LeadershipJanuary 8, 2024January 8, 2024

    We all know Elijah Kitaka in Uganda’s technology space. We also know the ex-Google and former NSSF and Stanbic Bank CIO’s love for technology as well as his passion for…

    Celebrating 2023 milestones and ushering in 2024 with I&M Bank at the Kampala Serena Hotel

    The CEO Magazine TeamCompany NewsNews & AnalysisJanuary 8, 2024January 8, 2024

    On December 31st 2023, the Victoria Hall at the Kampala Serena Hotel was packed with busybodies, from as early as 8 pm, all the way till dawn. The crowd consisted…

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