Business & Markets

Court Orders Uganda Airlines to Pay Former CEO Cornwell Muleya UGX 455 Million Over Illegal Dismissal

CEO East Africa MagazineThe Big StoryNovember 6, 2025November 10, 2025

The Industrial Court has ordered Uganda Airlines to pay its former Chief Executive Officer, Cornwell Muleya, more than UGX455 million following a ruling that found his dismissal illegal. In a…

CEO Ali Monzer Drives MTN Rwanda from Loss to Profit in Nine Months

Paul MurungiThe Big StoryNovember 6, 2025November 6, 2025

After a turbulent 2024 that saw MTN Rwanda plunge into a full-year loss, the company has staged a powerful turnaround under its new Chief Executive Officer, Ali Monzer. The former…

Meet Nigerian Oil & Gas Billionaire, Dr. Layi Fatona — The Man Pushing His Empire into East Africa 

Muhereza KyamuteteraEast AfricaNews & AnalysisNovember 6, 2025November 21, 2025

When Dr. Layi Fatona took the stage at the Stanbic Bank East Africa Economic Summit in Kampala, there was a certain stillness in the room — the kind that precedes…

KPMG 2025 CEO Outlook: Africa’s CEOs Bet on AI, Talent, and Sustainability to Power Next Growth Wave 

Muhereza KyamuteteraNews & AnalysisThe Big StoryNovember 6, 2025November 6, 2025

Despite global economic uncertainty and geopolitical tensions, African CEOs are optimistic about their own organisations’ growth prospects. This is according to the KPMG 2025 Africa CEO Outlook Survey, which captures…

AWE 1.0 Tees Off with Impact as dfcu Bank and MTN Uganda Empower Women Entrepreneurs.

Brian EmorutCompany NewsNews & AnalysisNovember 5, 2025November 5, 2025

Bank joined MTN Uganda and partners at the Advancing Women Entrepreneurs (AWE) Accelerator Programme event; the HER Power Tee — held at Entebbe Golf Club, to celebrate progress in women’s…

Over 80 golfers head to Kigali for second cross-border leg at Kigali Golf Club

Brian EmorutCompany NewsNews & AnalysisNovember 5, 2025November 5, 2025

Over eighty (80) golfers, affiliated to Entebbe Golf Club, are headed to Kigali for the second cross-border leg of the I&M Bank Katogo Golf Series, slated for Kigali Golf Club-…

Africa Isn’t a Testing Ground – it’s a Teacher: Jack Ngare on How Data and Technology Have Become Global Breakthroughs

Jeff WintersThe Big StoryNovember 5, 2025November 5, 2025

Jack Ngare, Technical Director in Google Cloud’s Office of the CTO in Nairobi, believes Africa’s innovations are not side projects for global companies but lessons that shape how the world…

Uganda launches sustainable finance curriculum to green its financial sector

Brian EmorutCompany NewsNews & AnalysisNovember 5, 2025November 5, 2025

Uganda on Tuesday launched a new national Sustainable Finance Curriculum aimed at reshaping the country’s financial sector toward inclusive growth, environmental protection, and climate resilience. The initiative, unveiled at the…

Industrial Court backs Sanyu FM: Why the Station was right to sack Ex-COO Betsy Mugamba

Brian EmorutCompany NewsNews & AnalysisNovember 5, 2025November 5, 2025

The Industrial Court of Uganda has ruled that the dismissal of former Sanyu FM Chief Operations Officer, Betsy Mugamba, in 2020 was both lawful and justified, bringing to an end…

AXIAN Telecom’s Yas Strengthens Fibre Dominance with Wananchi Acquisition

CEO East Africa MagazineEast AfricaNews & AnalysisNovember 5, 2025November 5, 2025

In a move that emphasizes its ambition to lead Africa’s broadband revolution, AXIAN Telecom Fibre Ltd (“Yas”), a subsidiary of AXIAN Telecom Holding and Management PLC, has completed the acquisition…