News & Analysis

Uganda’s new minimum capital requirements for banks: Which banks are compliant and which ones are not?

Muhereza KyamuteteraBanking & Financial ServicesBusiness & MarketsNews & AnalysisThe Big StoryJanuary 6, 2023January 9, 2023

In consultation with the Bank of Uganda, the Minister of Finance, Planning and Economic Development, Hon. Matia Kasaija, on 16th November 2022 signed a statutory instrument increasing minimum capital requirements…

Uganda increases minimum capital requirements for banks by 500%

Muhereza KyamuteteraBanking & Financial ServicesBusiness & MarketsNews & AnalysisThe Big StoryJanuary 4, 2023January 6, 2023

Uganda’s Minister of Finance, Planning and Economic Development, Hon. Matia Kasaija, on 16th November 2022 signed a ministerial instrument, increasing the minimum capital requirements for banks by  6 times or…

Resilience, commitment and growth: Crown Beverages’ success story continues to unfurl with the USD76 million new bottling plant

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryJanuary 3, 2023January 3, 2023

Aquafina is available in a 500ml pack at a recommended retail price of One Thousand Uganda Shillings (1000 UGX) only, countrywide. Aquafina is the first international water brand in Uganda….

OPINION: Fulfilling your tax obligations is now easier than ever before- more reason to file and pay your taxes on time

theceomaCompany NewsNews & AnalysisThought LeadershipDecember 31, 2022December 31, 2022

By Sarah M. Chelangat For years, tax compliance has eluded the tax man with slightly over 2 million taxpayers out of a population of 20 million working adults contributing to…

Uganda to host 14th Annual East African Procurement Forum And Business Expo

Edna KyokunzireCompany NewsNews & AnalysisThe Big StoryDecember 25, 2022December 25, 2022

The Public Procurement and Disposal of Public Assets Authority (PPDA) has been selected to host the 14th annual East African Procurement Forum and introduce the East African Business Expo to…

IT and cybersecurity experts poke holes into Airtel Money’s security system; saying it is static, inadequate and still vulnerable to hackers and fraudsters

The CEO Magazine TeamCompany NewsNews & AnalysisDecember 14, 2022May 4, 2023

Airtel Mobile Commerce Uganda Limited (AMCUL) the mobile money and digital payments arm of Airtel Africa Plc needs to overhaul its outdated mobile money system to a more dynamic and…

The story of Ron Kawamara, Uganda’s ‘father’ of e-commerce 

Muhereza KyamuteteraCEO PerspectivesNews & AnalysisThe Big StoryThought LeadershipDecember 12, 2022December 12, 2022

For starters, who is Ron Kawamara? Where does your story start?  Ron is a husband and a father to a 4-year-old daughter. I was born in Fort Portal to a…

PRAU awards six members for exceptional work

CEO ReporterNews & AnalysisDecember 10, 2022December 10, 2022

Public Relations Association of Uganda (PRAU), an umbrella body of all private and public PR professionals awarded six senior professionals in the industry for exceptionally delivering their roles in the…

December 2 – December 9, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

CEO ReporterNews & AnalysisDecember 9, 2022December 10, 2022

The shilling maintained a bullish stance trading below the new improved support of 3700. The unit recovered its losses ending the downtrend seen in the last couple of months. Market…

Guinness, Johnnie Walker take top honours at the Uganda Marketing Excellence Awards

CEO ReporterCompany NewsNews & AnalysisDecember 8, 2022December 8, 2022

Last week was one for the books, as corporates, professionals and marketing practitioners gathered for the second edition of the Uganda Marketing Excellence Awards (UMEAs) at the Kampala Serena Hotel….