The Bank of Uganda has officially launched a three year pilot Domestic Gold Purchase Programme, in a move aimed at strengthening and diversifying Uganda’s foreign exchange reserves through the purchase...
The Court of Appeal has upheld a finding that Uganda Development Bank Limited (UDB) breached a financing agreement with agro-processing firm Afro-Kai Ltd, affirming the bank’s liability for withdrawing a...
As the clock ticks toward June, when the current term of Insurance Regulatory Authority (IRA) Chief Executive Officer Ibrahim Kaddunabbi Lubega is expected to expire, a quiet but palpable tension...
Uganda Airlines has announced the return to service of its aircraft, registration 5X-NIL, a Airbus A330-800neo, marking a major step in restoring long haul capacity and resuming flights to Dubai....
By mid-afternoon in Obongi Town, small crowds gather at makeshift charging points. Phones are handed over, names are sometimes scribbled down, and a fee of UGX 500 is paid, if...
The Standard Bank Group has appointed Ugandan accountant Doreen Rwakatungu Musiime as new Chief Audit Officer (CAO) replacing another countryman, Francis Karuhanga who has since become Chief Executive Stanbic Uganda…
East Africa is the fastest-growing economic region on the continent. In 2022, Uganda, Kenya and Tanzania attracted over USD13.3 billion worth of foreign direct investment (FDI). This is according to…
In one of his very first media interviews, Julius Kakeeto, the transformational PostBank Uganda (PBU) Chief Executive Officer, told CEO East Africa Magazine that his mid-term agenda was to transform…
It was the famous personal finance guru, Robert Kiyosaki, of the “Rich Dad Poor Dad,” book fame, that coined the “Other People’s Money (OPM)” mantra, advancing that, to turbocharge growth,…
Airtel Uganda, the second largest telco, on March 4th, released its very first post-listing results, showing that for the first time in five years since 2019, it made an 8.8%…
John R. Musinguzi, the Uganda Revenue Authority (URA) Commissioner General, has been reappointed for a second 4-year term, CEO East Africa Magazine has learnt. He was first appointed in March…
It’s the rags-to-riches story which sometimes is a long winding and seemingly impossible journey. Maria Namusoke’s story as a female entrepreneur building her multi-billion logistics empire – Markh Investments is…
On Tuesday 4th October 2022 in a press conference to introduce Sylvia Mulinge, as MTN Uganda’s new Chief Executive Officer, Charles Mbiire, the MTN Uganda Board Chairman and 3rd largest…
Uganda is one of Africa’s competitive destinations for investment, with high returns on investment, Morrison Rwakakamba, the Chairperson of the Uganda Investment Authority (UIA) told European investors and other delegates…
Uganda is a thriving economy with lots of potential, waiting to be tapped into, H.E Jan Sadek, the Ambassador of the European Union to the Republic of Uganda has told…