News & Analysis

Insurance Brokers Association of Uganda Gets new Leadership

CK JaphethNews & AnalysisMay 30, 2022May 30, 2022

The Insurance Brokers Association has elected new leadership that will be in charge for the period 2022/2024. The team will be lead by Paul Muhame – Chairman; Vice chairperson Ritah…

Standard Chartered appoints Stanley Katwaza Head of Conduct Financial Crime and Compliance

CEO ReporterNews & AnalysisMay 30, 2022May 30, 2022

Stanley Katwaza has been appointed as the Head Conduct, Financial Crime and Compliance Standard Chartered Bank Uganda. Stanley joins Standard Chartered Bank from Citibank Uganda limited where he worked as Head…

How Uganda Development Bank is supporting post pandemic recovery of the tourism sector in Uganda

CEO ReporterNews & AnalysisMay 30, 2022May 30, 2022

By Ronald Wandera The Covid-19 pandemic has claimed more than 6 million lives worldwide over the past 2 years. In Uganda, there were about 163,416 confirmed cases and 3,588 deaths…

UTB hands over International Tourism Film awards to Tourism Minister

CEO ReporterNews & AnalysisMay 30, 2022May 30, 2022

Uganda Tourism Board (UTB) on Friday officially handed over three international tourism film awards to Tom Butime, the Minister of Tourism, Wildlife and Antiquities during a colourful ceremony held at…

Gen. Saleh lauds Stanbic Bank’s low cost lending to agricultural SACCOs

CEO ReporterNews & AnalysisMay 30, 2022May 30, 2022

General Salim Saleh, the National Coordinator for Operation Wealth Creation has commended Stanbic Bank for easing the process to access low cost financing for agriculture based Savings and Credit Cooperative…

Government Commissions Railway Training Centre, calls for proper management of resources allocated

CEO ReporterNews & AnalysisMay 27, 2022May 27, 2022

Minister of State for Transport, Fred Byamukama has advised Uganda Railway Corporation to ensure proper management and accountability of all resources at their disposal, if the railway sub-sector is to…

Uganda to Showcase Tourism Potential at IMEX Frankfurt 2022 in Germany

CEO ReporterNews & AnalysisMay 27, 2022May 27, 2022

Uganda will join the global meetings industry at the IMEX Frankfurt 2022 in Germany to showcase its potential to the rest of the world. The event will run from May 31…

May 20 – May 27, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

CEO ReporterBanking & Financial ServicesNews & AnalysisMay 27, 2022May 27, 2022

The Uganda shilling was on a losing streak, trading at its lowest in months plagued by the reality of inflation pressures and high oil import demand. The energy forex requirements…

Cellulant recognised for excellence in delivering embedded fintech solutions across Africa

CEO ReporterNews & AnalysisMay 27, 2022May 27, 2022

Leading African payments company, Cellulant, won the Award for Excellence in Embedded Fintech at the 7th edition of the Africa Fintech Summit in Washington, D.C., alongside the Spring Meetings of…

#COMPANYOFTHEWEEK: Service Cops

CEO ReporterCompany NewsNews & AnalysisMay 27, 2022May 27, 2022

Company of the week recognition goes to Uganda’s leading Financial Technology and Business Processes Outsourcing (BPO) firm – Service Cops, that recently partnered with Awash Bank, extending the iconic School…