Global News

Transforming Africa into an Economic and Intellectual Powerhouse: Meet Peter Kagunye, the Edupreneur Behind the Cavendish University Brand.

Jonathan N. LubwamaC-Suite LeadershipCompany NewsEntrepreneurshipGlobal NewsReal Estate & ConstructionThe Big StoryJanuary 26, 2025January 27, 2025

The global job marketplace needs constantly evolve, yet tertiary education isn’t revolving as fast. However, across Africa, private investors have emerged to fill this void. One of Africa’s more prominent…

INVESTIGATION: Auditor General faults ICT Ministry for mishandling UGX 14 billion innovators’ fund 

CEO ReporterCompany NewsEast AfricaGlobal NewsManufacturing & IndustryNews & AnalysisPolitics & GovermentTechnology & InnovationThe Big StoryJanuary 24, 2025January 24, 2025

An Auditor General’s investigation has exposed the Ministry of ICT and National Guidance for mishandling over UGX 13.8 billion, which was meant to support Ugandan innovators in developing their ideas…

Uganda’s oil projects hit by delays, funding shortfalls – Auditor General says 

CEO ReporterBanking & Financial ServicesBusiness & MarketsCompany NewsEast AfricaEnergy, Oil & GasGlobal NewsNews & AnalysisPolitics & GovermentThe Big StoryJanuary 23, 2025January 23, 2025

The Auditor General, Edward Akol, has noted with concern that the Tilenga and KingFisher Development Area oil projects in western Uganda are behind schedule in hitting completion targets, with some…

Uganda High Commission, New Delhi is set to participate in the prestigious Outbound Travel Market in India

Brian EmorutGlobal NewsPolitics & GovermentJanuary 23, 2025January 23, 2025

Uganda High Commission, New Delhi in partnership with the Ministry of Foreign Affairs, Ministry of Tourism Wildlife and Antiquities, Uganda Airlines, Uganda Tourism Board (UTB) and Uganda Wildlife Authority(UWA) is…

Tough times for Uganda as President Trump suspends US foreign aid for three months, cuts WHO and climate funding

CEO East Africa MagazineBanking & Financial ServicesBusiness & MarketsC-Suite LeadershipEast AfricaGlobal NewsNews & AnalysisPolitics & GovermentThe Big StoryJanuary 21, 2025January 21, 2025

Uganda, a major recipient of America’s foreign aid, could find herself in a tough position after the 47th President of the United States of America, Donald Trump issued an executive…

Kareem Ghaly Appointed Head of MENA at Alta Semper Capital LLP in Cairo, Egypt

Brian EmorutBanking & Financial ServicesCompany NewsGlobal NewsJanuary 20, 2025January 20, 2025

Kareem Ghaly has been appointed as the Head of the Middle East and North Africa (MENA) region at Alta Semper Capital LLP, with operations based in Cairo, Egypt. Bringing with…

Gov’t Agencies owe National Water UGX 73 billion in unpaid water bills

Paul MurungiBusiness & MarketsC-Suite LeadershipFood, Wine & Fine DiningGlobal NewsNews & AnalysisPolitics & GovermentThe Big StoryJanuary 18, 2025January 18, 2025

Government offices have continued to default on water bills which have ballooned to UGX 73 billion as the burden shifts to ordinary Ugandans who shoulder most of the payments.  Details…

BREAKING NEWS: Cooper Motors shuts down operations in Uganda, other East African countries 

Paul MurungiAgriculture & Agro-industryAutomobiles & MobilityBanking & Financial ServicesCompany NewsEast AfricaGlobal NewsManufacturing & IndustryNews & AnalysisThe Big StoryJanuary 17, 2025January 18, 2025

Cooper Motors Corporation (CMC) Holdings, the parent company of CMC (Uganda) Limited has announced its decision to gradually wind down operations in Uganda, Kenya and Tanzania, in full compliance with…

We Are Going to Build Uganda’s First Unicorn. – Easy Ride CEO

Jonathan N. LubwamaBanking & Financial ServicesEntrepreneurshipGlobal NewsThe Big StoryJanuary 17, 2025January 20, 2025

The insurance sector in Africa, particularly in Uganda, presents a remarkable opportunity for growth and innovation. With a penetration rate of only 0.85% in Uganda and under 3% across the…

Uganda Airlines records UGX 238 billion loss in operations

CEO East Africa MagazineC-Suite LeadershipDestinations & HotelsGlobal NewsNews & AnalysisThe Big StoryWomen In LeadershipJanuary 16, 2025January 17, 2025

Uganda Airlines’ expansion plan to dominate the aviation industry has been met with financial hurdles after a new Auditor General’s report unearthed the Airlines’ performance for the Financial Year 2023/24…