News & Analysis

Airtel Uganda, Microsoft Cloud partner to enhance customers’ security of business data and information

Nelson NambooleCompany NewsNews & AnalysisAugust 24, 2022August 24, 2022

In partnership with Airtel Uganda, Microsoft and MC3 Cloud will provide Microsoft Office 365 services to enable business customers to access Microsoft Cloud Services that help to improve business operations…

ICPAU Readies to Hold 27th Annual Accountants’ Conference

CEO ReporterNews & AnalysisAugust 23, 2022August 23, 2022

The Institute of Certified Public Accountants of Uganda (ICPAU) will hold the 27th Annual Seminar of accountants from 31 August to 2 September 2022 at the Imperial Resort Beach Hotel,…

Half Year Financial Results: Umeme records 9% demand increment, sales jump to UGX. 876b

Nelson NambooleCompany NewsNews & AnalysisAugust 22, 2022August 22, 2022

Umeme Limited has released its unaudited interim condensed financial results for the six months’ period ended June 2022. In the financial statement signed by the company Chairman and MD, Patrick…

RESILIENCE: Stanbic records UGX. 162b half year net profit

Nelson NambooleCompany NewsNews & AnalysisAugust 22, 2022August 24, 2022

In spite of an unpredictable operating environment characterized by global price instability and a tightening of monetary policy by Bank of Uganda to curb imported inflationary pressures, Stanbic Uganda Holdings…

Uganda’s GDP as a measure of progress and the paradox of Middle-Income status

CEO ReporterNews & AnalysisThought LeadershipAugust 20, 2022August 20, 2022

By Benard Mujuni Gross Domestic Product (GDP) is defined as a total sum and measure of all goods and services produced and sold in a given time.  The growth rate…

‘Corruption, Connivance Caused Isimba Plant Shutdown’

CEO ReporterNews & AnalysisAugust 20, 2022August 20, 2022

Lawmakers have said that corruption and connivance are to blame for the shutdown of Isimba hydropower plant. The Members of Parliament were responding to the statement by the Minister of…

Internet will get more affordable – ICT Minister assures Ugandans

CEO ReporterNews & AnalysisThe Big StoryAugust 20, 2022August 20, 2022

The 2022 FinTech Landscape Exhibition, a brainchild of HiPipo, ended last week with the Government of Uganda promising to further deepen Internet penetration, work towards reducing the cost of data…

August 12 – August 19, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

CEO ReporterBanking & Financial ServicesNews & AnalysisAugust 19, 2022August 19, 2022

The Uganda shilling was set to end the week on a weaker tone, reversing the gaining streak on rebound of strong demand mainly from importers and commercial banks squaring positions….

Parliament approves UGX266 billion loan for heart institute

CEO ReporterNews & AnalysisAugust 18, 2022August 18, 2022

Parliament has approved a US$70 million loan for the construction of a state of the art facility to house the Uganda Heart institute. A loan request brought by government to…

I am Qualified to Run Uganda Airlines-CEO Bamuturaki

CEO ReporterNews & AnalysisAugust 17, 2022August 18, 2022

The Chief Executive Officer (CEO) of Uganda Airlines, Jenifer Bamuturaki has said she is qualified and experienced to run the airline. Bamuturaki was appearing before the Committee on Commissions Statutory…