Tanzanian billionaire businessman Rostam Abdulrasul Azizi is set to become the new majority shareholder of Nation Media Group (NMG) after agreeing to acquire the controlling stake of 54.08% previously held...
The Aga Khan Fund for Economic Development (AKFED) has announced the sale of its controlling stake in Nation Media Group (NMG), bringing to a close a 66-year partnership that helped...
Eastern Africa is emerging as the continent’s most dynamic hotel development market, with Kenya, Ethiopia and Tanzania set to deliver the next wave of new hospitality supply as global brands...
Ruth Namuli, Chief Executive Officer of SanlamAllianz General Insurance Uganda, leads the Ugandan arm of Africa’s largest non-banking financial services company. With over 18 years of experience in the insurance...
Vivo Energy has put two of its prime downtown Kampala Shell service stations up for sale. The stations will be sold on a “where is, as is” basis, which signals...
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…
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…
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…
Technology is reshaping East Africa’s economy and society. Ambassador Philip Thigo, Special Envoy on Technology for the Republic of Kenya, shares with CEO Magazine how the region can harness its…
The Court of Appeal has upheld a High Court decision ordering Imperial Royale Hotel, one of Kampala’s flagship luxury hotels, to refund government $1.46 million (about UGX 5.05 billion) and…
As the CEO of Letshego Uganda, Giles Aijukwe stands at the intersection of ambition and accountability, tasked with delivering financial growth in a sector still playing catch-up on inclusion. In…
It began over dinner at Nairobi’s exclusive Muthaiga Club, an establishment where East Africa’s captains of industry often mix business with leisure. As Patrick Mweheire, then Regional Chief Executive of…
Rwanda is preparing to launch a Green Exchange Window (GEW) later this month, a dedicated platform for trading sustainable investment instruments aimed at expanding the country’s capital markets and attracting…
Kenya’s largest lender, KCB Group Plc, has taken a calculated leap into the fintech frontier with the acquisition of a minority stake in PesaPal Limited, a leading regional payments company…
The Police Criminal Investigations Directorate (CID) is investigating Quillino Bamwine, who previously served as the Honorary Consul of the Kingdom of Eswatini to Uganda, for allegedly obtaining UGX 372 million…