News & Analysis

CNOOC Uganda’s new President, Liu Xiandong’s uphill task to rid the Chinese oil company of its ‘bad boy’ employee welfare and safety record

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryOctober 9, 2023October 10, 2023

A fatal accident in the oil and gas fields in the Kingfisher Project Area operated by CNOOC Uganda, a subsidiary of China’s CNOOC International has re-awakened the company’s chequered employee…

There’s no business on a dead planet⏤ the role of leadership in fostering sustainability

Mark OcittiNews & AnalysisThought LeadershipOctober 2, 2023October 2, 2023

The recent Africa Climate Summit 2023 (ACS), hosted by the Government of Kenya was a crucial caucus where policymakers, practitioners, business leaders, and civil society representatives gathered to address the…

Ugandan Fintech Chipper Cash Celebrates Major Milestone, Issues its One Millionth Virtual Card.

Jonathan N. LubwamaBanking & Financial ServicesBusiness & MarketsNews & AnalysisTechnology & InnovationSeptember 30, 2023September 30, 2023

Pan African fintech, Chipper Cash, has just hit a major milestone. They have issued over one million Chipper Cash virtual cards to people not only in Africa but also beyond….

The Return of the Silverback Awards: Recognising Excellence in the Ugandan Marketing, PR and Advertising Industries

The CEO Magazine TeamBusiness & MarketsCompany NewsNews & AnalysisSeptember 29, 2023September 29, 2023

Uganda, a country known for its breathtaking landscapes, diverse wildlife, and vibrant culture, is also a place where creativity and innovation are thriving. The marketing, public relations (PR), and advertising…

Persistent gov’t underfunding of tourism slows down post-Covid-19 recovery and risks 2024/25 targets, private sector tourism body warns 

Muhereza KyamuteteraHospitality & TourismNews & AnalysisThe Big StorySeptember 28, 2023September 28, 2023

Persistent funding gaps by the Government of its Tourism Development Programme (FY 20/21 to FY 24/25) are slowing down the sector’s post-Covid-19 recovery and if not urgently addressed, Uganda risks…

How Service Cops’ tech platform, SchoolPay is digitising parents’ and school owners’ back-to-school pain away 

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StorySeptember 28, 2023September 29, 2023

The just-ended back-to-school season is one of those tough days for most parents; for different reasons. The usual hustle and bustle of parents and learners all over the country mad…

Kenya Had 36 Private Equity Exits in the Last 10 Years, to Uganda’s 8.

Jonathan N. LubwamaBusiness & MarketsEast AfricaGlobal NewsNews & AnalysisSeptember 28, 2023September 28, 2023

The Ugandan business ecosystem was awash with excitement when Tony Natif’s Guardian Health Pharmacy was acquired by Kenya’s MyDawa for an undisclosed amount. However, one of the biggest winners in…

Uganda Received USD 1.3bn in Remittances from its Diaspora in 2022 According to the World Bank.

Jonathan N. LubwamaBanking & Financial ServicesBusiness & MarketsEast AfricaEntrepreneurshipGlobal NewsNews & AnalysisSeptember 28, 2023September 28, 2023

In 2022, Uganda received USD 1.3bn in remittances from its diaspora community according to a World Bank and KNOMAD report. This would account for about 4.5% of Uganda’s GDP and…

Buganda Kingdom endorses Airtel Uganda IPO with UGX200 million share purchase

Muhereza KyamuteteraCompany NewsNews & AnalysisSeptember 27, 2023September 27, 2023

The Buganda Kingdom has applied to buy 2,000,000 Airtel Uganda shares, worth UGX200 million in the ongoing Airtel Initial Public Offering. This was revealed at a press conference held on…

Two investment banks, Old Mutual  and Dyer & Blair give Airtel IPO a ‘buy’ thumbs up 

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StorySeptember 25, 2023September 25, 2023

Old Mutual Investment Group, one of Africa’s leading investment managers as well as regional investment bank, Dyer & Blair have separately endorsed investments in the ongoing Airtel IPO, rating it…