News & Analysis

REFINERYNOMICS: Uganda presses ahead with its oil refinery project amidst questions on profitability and sustainability

Paul MurungiNews & AnalysisPolitics & GovermentThe Big StoryMarch 4, 2024February 27, 2025

To do or not to do an oil refinery for Uganda, over and above the pipeline, has been a major question for the country, but more importantly for the Uganda…

A new dawn for Uganda’s Cairo Bank as Egyptian shareholder infuses fresh capital

Muhereza KyamuteteraBanking & Financial ServicesNews & AnalysisThe Big StoryMarch 1, 2024March 1, 2024

Banque Du Caire (BDC), Egypt’s 5th largest bank has fully recapitalised Cairo Bank Uganda as per the revised Bank of Uganda capital buffers, CEO East Africa can exclusively reveal. Banque…

Rebuilding hope and healing to the most vulnerable⏤ Watoto Church raises UGX56.5 bn to care for its 3,336 children

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryMarch 1, 2024March 1, 2024

Watoto, probably one of Uganda’s most trusted and respected non-profit organisations, in 2022 turned over UGX56.5 billion. The Watoto earned UGX53.2 billion from its mainstream activities – a 1% increase…

Airtel Uganda joins hands with Buganda Kingdom for the 11th Edition of the Kabaka Birthday Run against HIV/AIDs

CEO East Africa MagazineCompany NewsNews & AnalysisFebruary 29, 2024February 29, 2024

In partnership with the Buganda Kingdom, Airtel Uganda has announced the launch of the 11th edition of the highly anticipated Kabaka Birthday Run. Since its debut over 10 years ago,…

I&M Bank intensifies fight against HIV/AIDS as Kabaka Birthday Run official bank sponsor

Muhereza KyamuteteraCompany NewsNews & AnalysisFebruary 29, 2024February 29, 2024

I&M Bank has for the second year running confirmed its sponsorship of the Kabaka Birthday Run slated for April 7th 2024 in Kampala. The Run is an annual event in…

Who is Paul Zhang Zhigang, the Chinese billionaire who wants to turn Uganda’s Luzira Prisons into a 5-star hotel? 

The CEO Magazine TeamNews & AnalysisThe Big StoryFebruary 26, 2024February 26, 2024

Correspondences between President Yoweri Kaguta Museveni have leaked revealing that Tian Tang Group proposed to the president and the president accepted, plans by the Chinese-owned but Uganda-based conglomerate to redevelop…

Bigirimana to MPs: Accounting officers appearing before PAC should be treated with respect- audit queries are not criminal charges

CEO East Africa MagazineNews & AnalysisPolitics & GovermentFebruary 21, 2024February 21, 2024

Permanent Secretaries and other accounting officers appearing before parliament to answer queries audit queries by the Auditor General should be treated with respect and fairness, Pius Bigirimana, Secretary to Judiciary…

President Museveni to grace the 3rd Uganda-EU Business Forum

CEO East Africa MagazineNews & AnalysisThe Big StoryFebruary 21, 2024February 21, 2024

The European Union (EU) and Uganda are joining forces to host thecthird Uganda-EU Business Forum (UEUBF), a high-level summit facilitating structured collaboration between European and Ugandan private sector and public…

MTN Uganda ordered to pay UGX1 bn to Proline Soccer Academy over Uganda Cranes players’ photos

CEO East Africa MagazineLegal & JusticeNews & AnalysisThe Big StoryFebruary 7, 2024February 19, 2024

The Commercial Court in Kampala has ordered MTN Uganda to pay UGX 1,015,668,000 in general damages and interest to Pro-Line Soccer Academy Limited for the violation of the image rights…

Uganda maintains 4th position in the 2023 Absa Africa Financial Market Index

The CEO Magazine TeamNews & AnalysisThe Big StoryFebruary 6, 2024February 6, 2024

With an overall score of 62.8, Uganda maintained its fourth position out of the 28 African countries measured under the 2023 Absa Africa Financial Market Index (AFMI) – a report…