News & Analysis

Ugandans and businesses in 2024 lost USD272 mn in economic crimes; cybercrime, bank, and fraud double

CEO East Africa MagazineNews & AnalysisThe Big StoryFebruary 25, 2025February 25, 2025

Even though the number of financial and economic crimes rose mildly, by 1.6%, from 12,924 cases in 2023 to 13,132 cases in 2024, the severity and amount of money lost…

The Association of Uganda Tour Operators (AUTO) Elects New Board—An Insight into the New Leadership

Muhereza KyamuteteraCompany NewsNews & AnalysisFebruary 23, 2025February 24, 2025

The Association of Uganda Tour Operators (AUTO) held its elective Annual General Meeting on January 16, 2025, at the Four Points by Sheraton Hotel in Kampala. Members voted for a…

Why charging parking fees could be a raw deal for mall operators and tenants  

CEO ReporterBusiness & MarketsCompany NewsEast AfricaNews & AnalysisThe Big StoryFebruary 22, 2025February 22, 2025

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DStv losing UGX 2.7 billion annually due to content piracy in Uganda 

Paul MurungiBanking & Financial ServicesBusiness & MarketsGlobal NewsNews & AnalysisTechnology & InnovationThe Big StoryFebruary 21, 2025February 21, 2025

Pay television platform – DStv – is losing at least UGX2.7 billion due to illegal reproduction of its exclusive content by third parties through internet live streaming.  An investigation by…

UCC asks UNBS to probe entry of devices illegally streaming MultiChoice and other pay TV content 

Paul MurungiBusiness & MarketsGlobal NewsNews & AnalysisTechnology & InnovationThe Big StoryFebruary 20, 2025February 20, 2025

Uganda Communications Commission (UCC) has asked the standards agency to investigate the illegal importation of streaming devices that are being used on the local market to reproduce content that is…

Airtel Uganda reports UGX 317 billion in net profit as voice and data revenues grow 

Paul MurungiBanking & Financial ServicesEast AfricaNews & AnalysisThe Big StoryFebruary 20, 2025February 20, 2025

Airtel Uganda has reported a profit after tax (PAT) of UGX 316.7 billion for the 12 months to December 2024, signalling improved performance compared to in the same period in…

EU Envoy Jan Sadek, PSFU’s Nzeyi, and Ministers Kasaija, Nyamutoro, and Mwebesa Push for Deeper EU-Uganda Mineral and AgriTech Trade

Muhereza KyamuteteraNews & AnalysisThe Big StoryFebruary 20, 2025February 20, 2025

Uganda and the European Union (EU) have deepened their commitment to strengthening trade and investment ties, focusing on Agricultural Technology (AgriTech) and Sustainable Mining as key drivers for economic growth….

Uganda sets tough certification rules for foreign engineers 

Paul MurungiBusiness & MarketsEast AfricaGlobal NewsNews & AnalysisThe Big StoryFebruary 19, 2025February 19, 2025

The Engineers Registration Board (ERB) is set to enforce a rule requiring all foreign nationals involved in engineering projects to register and obtain ERB certification within four months of their…

Court Orders Stanchart to Pay UGX 59M to Former Staff for Loan Breach in Landmark Case

CEO ReporterBanking & Financial ServicesBusiness & MarketsLegal & JusticeNews & AnalysisThe Big StoryFebruary 19, 2025February 19, 2025

The Commercial Division of the High Court of Uganda has ruled that Standard Chartered Bank must compensate a former employee and his wife after wrongfully recalling an approved mortgage facility. …

Rwanda suspends bilateral aid program with Belgium over Congo war

CEO East Africa MagazineBusiness & MarketsGlobal NewsNews & AnalysisThe Big StoryFebruary 18, 2025February 19, 2025

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