News & Analysis

Stanchart sells interests in Angola, Cameroon, Gambia, Sierra Leone and its Tanzanian retail business to Nigeria’s Access Bank Plc 

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryJuly 14, 2023July 14, 2023

Standard Chartered (the Bank) and Access Bank Plc (Access) have today, July 14th entered into agreements for the sale of Standard Chartered’s shareholding in its subsidiaries in Angola, Cameroon, The…

Letshego Uganda and Turaco join forces to provide Letsgo Health Insurance for Letshego customers

Muhereza KyamuteteraCompany NewsNews & AnalysisJuly 14, 2023July 14, 2023

Letshego Uganda, a subsidiary of Letshego Holdings Limited (“Letshego Group”), has partnered with Africa’s leading insurtech Turaco Insurance Brokers Ltd (trading as Turaco), to provide affordable health insurance coverage to…

C-CARE Uganda expands its network, opens 20th clinic in Lira City

Muhereza KyamuteteraCompany NewsNews & AnalysisJuly 14, 2023July 14, 2023

C-CARE Uganda, a renowned healthcare organisation that owns C-Care IHK, a multi-speciality hospital and C-Care IMC, which offers primary and tertiary healthcare services in 20 different locations nationwide, has expanded…

African unicorn, Flutterwave Launches New Product Called Tuition to Ease Tuition Payments. 

Jonathan N. LubwamaEntrepreneurshipNews & AnalysisTechnology & InnovationJuly 13, 2023July 13, 2023

Flutterwave, the Pan-African payments startup, has launched a new product called Tuition by Flutterwave which will enable Africans to pay tuition for universities in the West in their local currencies….

Uganda’s Capital Markets Authority (Amendment) 2023 Bill: A Breakthrough in Virtual Assets Regulation.

Jonathan N. LubwamaBusiness & MarketsEntrepreneurshipNews & AnalysisTechnology & InnovationThe Big StoryJuly 13, 2023July 13, 2023

On 16th November 2022, the Jinja South East Division MP, Nathan Nabeta Igeme tabled a motion to seek leave of Parliament to table the Capital Markets Bill. Parliament unanimously granted…

Uganda’s Best Performing Parastatals: The Case of Housing Finance Bank

Muhereza KyamuteteraCEO PerspectivesNews & AnalysisPolitics & GovermentThe Big StoryJuly 9, 2023July 10, 2023

For starters, from where you sit, give us an overview of 2022 and the first half of 2023.  To contextualise our conversation, we need to talk about the global developments…

Uganda’s private sector output expands for eleventh successive month

CEO ReporterNews & AnalysisJuly 7, 2023July 7, 2023

The monthly Stanbic Purchasing Managers’ Index (PMI), a measure of Uganda’s private sector business confidence, saw a slight drop from 57.4 in May to 56.4 in June, but optimism remains…

Simplifi Networks, Airtel Business and ISBAT University partner on 3rd edition of Simplifi Tech Talks

CEO ReporterNews & AnalysisJuly 6, 2023July 6, 2023

Airtel Business in partnership with Simplifi Networks and ISBAT University on Wednesday organized the 3rd edition of the Simplifi Tech Talks themed “How does the Internet work?”. The edition, held…

PRODUCT OF THE WEEK: SC Shilingi Funds- Standard Chartered Bank’s newly launched digital investment solution that lets clients invest as low as UGX20,000

The CEO Magazine TeamCompany NewsNews & AnalysisThe Big StoryJuly 4, 2023July 4, 2023

Standard Chartered Bank has launched the SC Shilingi Funds⏤ a low-ticket money market fund for Standard Chartered Bank clientele that is 100% digital and available on the SC Mobile app. …

African Startup Funding Declines by 70% in June 2023.

Jonathan N. LubwamaEntrepreneurshipNews & AnalysisTechnology & InnovationThe Big StoryJuly 3, 2023July 3, 2023

Startups raise funding for various reasons that are essential for their growth and success. Firstly, funding provides the necessary capital to support and accelerate the growth of startups. It enables…