News & Analysis

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…

Martyrs’ Day Preparations: PostBank Contributes UGX15 million to Anglican Church

CEO ReporterNews & AnalysisMay 27, 2022May 27, 2022

PostBank, a financial institution that is committed to empowering lives and livelihoods, has, today, contributed UGX15 million to facilitate the Anglican Church’s preparations for this year’s Martyrs Day celebrations. The…

Financial experts tip SMEs on business survival, development

Nelson NambooleNews & AnalysisMay 26, 2022May 26, 2022

Financial experts have on Wednesday tipped Small and Medium Enterprises (SMEs) on entrepreneurship financing and investment post Covid-19 era. This was during the Prudential Knowledge Series, the first in 2022,…

Africa should adopt Uganda’s successful coffee experience – Tumwebaze

CEO ReporterNews & AnalysisMay 26, 2022May 26, 2022

Frank Tumwebaze, the Minister of Agriculture Minister, Animal Industry and Fisheries, has said Uganda’s successful  coffee experience can be adopted by the African continent as a strategy in increasing production…

Afriland First Bank closes before it starts

CEO East Africa MagazineCompany NewsNews & AnalysisMay 26, 2022May 26, 2022

Bank of Uganda (BoU) has officially approved Afriland First bank Uganda Limited’s request for voluntary closure. The central bank and banking sector regulator in exercise of it’s powers under section…

Service Cops partners with Awash Bank to extend iconic School Suite System, other banking solutions in Ethiopia

CEO ReporterCompany NewsNews & AnalysisMay 26, 2022December 20, 2022

Service Cops, one of Uganda’s leading Financial Technology and Business Processes Outsourcing (BPO) firms has entered into a partnership with Awash Bank, to support the bank’s digital strategy.The partnership, with…

UTB launches Roadshow to attract more Kenyan tourists

CEO ReporterNews & AnalysisMay 26, 2022May 26, 2022

Uganda Tourism Board (UTB) is seeking to partner with Kenyan tour operators to boost intra Africa tourism between the two East African countries with a focus on encouraging more tourists…

IACO State Members Sign Nairobi Declaration to have Coffee Anchored as Strategic Commodity Under AU

CEO ReporterGlobal NewsNews & AnalysisMay 26, 2022May 26, 2022

25 coffee producing African countries under the Inter- African Coffee Organisation (IACO) have  officially signed the Nairobi Declaration to have coffee anchored as a strategic agricultural commodity under the African…