News & Analysis

Court dismisses suits against businessman Hamis Kiggundu over Nakivubo Stadium

Nelson NambooleNews & AnalysisNovember 10, 2022November 10, 2022

Justice Ssekaana Musa of the High Court (Civil Division) issued an order striking out the pleadings and/or dismissing the consolidated suits in HCCS No. 66/2017, HCCS No. 678/2017, HCCS No….

An Embarrassed China moves to reverse years of predatory trade relationships, decides to grant zero-tariff treatment to 10 LDCs

CEO ReporterNews & AnalysisNovember 10, 2022November 10, 2022

China has announced that it will grant zero-tariff treatment to 98 percent of taxable items originating in 10 least-developed countries (LDC), Global Times quotes a statement released by the Customs…

I&M Bank marks first year of business in Uganda

CEO ReporterNews & AnalysisNovember 10, 2022November 10, 2022

On Tuesday November 8 2022, I&M Bank Uganda Ltd marked one year of serving the Ugandan market. The bank started its operations in Uganda in 2021, after acquiring Orient Bank….

BoU grants Payments Systems Operator license to payment technology firm Cellulant

CEO ReporterNews & AnalysisNovember 9, 2022November 9, 2022

Pan-African payment technology company Cellulant has been granted a Payments Systems Operator license by Bank of Uganda in line with the National Payments System Act, 2020. The Act provides guidance…

USE Rolls Out Specialist Market ‘Edaala’ to Link Firms to Investors

CEO ReporterNews & AnalysisNovember 9, 2022November 9, 2022

Uganda Securities Exchange (USE) has rolled out a specialist market the ‘USE Edaala’, an unquoted securities platform aimed at enabling companies which do not meet the minimum listing requirements on…

UGANDAN BILLIONAIRES: Dr Sudhir Ruparelia, Uganda’s richest and big-hearted billionaire

Muhereza KyamuteteraBillionairesC-Suite LeadershipExecutive ProfilesLists & RankingsNews & AnalysisThe Big StoryThought LeadershipNovember 9, 2022November 9, 2022

ESTIMATED WEALTH: USD1.2 billion AGE: 65 years SOURCE OF WEALTH:  Financial services, real estate, education services, hospitality, agriculture, and media/broadcasting MARITAL STATUS: Married, with 3 Children PHILANTHROPY: Individually and through…

Umeme reassures investors on Uganda business

CEO ReporterNews & AnalysisNovember 9, 2022November 9, 2022

Power utility company Umeme Limited has come out to reassure its investors about its business ongoings in Uganda. This follows media reports that the utility firm is set to exit…

Are Chief Marketing Officers battling with attribution models?

CEO ReporterNews & AnalysisNovember 9, 2022November 9, 2022

By Glenn Gillis, CEO, Sea Monster “Half the money I spend on advertising is wasted; the trouble is I don’t know which half.” The famous saying by successful US merchant…

Uganda Land Commission ordered to pay UGX.12Bn to Ex-Deputy Premier Henry Kajura in land compensation

Nelson NambooleNews & AnalysisNovember 8, 2022November 8, 2022

The High Court in Masindi has ordered the Uganda Land Commission and The Attorney General to compensate a sum of Twelve Billion Uganda Shillings to Henry Muganwa Kajura, a Ugandan…

Umeme: Kiruddu Hospital to get Dedicated Power Line

CEO ReporterNews & AnalysisNovember 7, 2022November 7, 2022

Power utility firm, Umeme has said that processes have been finalised to ensure that Kiruddu Hospital gets a dedicated power line. “Cable has been procured and delivered to stores, service…