In a sweeping diplomatic shake-up that has resonated across continents, the Trump administration is recalling nearly 30 U.S. ambassadors and senior career diplomats from posts around the world, a move...
When Dr. Richard Wemesa was announced as second runner-up at the 2025 Best Farmers Awards, the applause that followed did not merely celebrate a well-run farm in Wakiso District. The...
Mobile money agents are the engine of Uganda’s everyday economy, and this is most visible on weekends. From Friday evening through Sunday, transaction volumes surge as customers trade, pay, and...
Asahi Group Holdings, the Japanese brewing and beverages giant, has picked Absa Bank Kenya PLC, ENS Africa, A&O Shearman and Nomura Holdings to advise on its USD 2.3 billion acquisition...
Airtel Africa on Tuesday announced an agreement with SpaceX to introduce Starlink Direct-to-Cell satellite connectivity across all its 14 markets that serve 174 million customers. Through this partnership, Airtel Africa...
To strengthen leadership and governance, New Vision Printing and Publishing Company Limited (Vision Group), Uganda’s largest multimedia company recently appointed two Board Directors and two members of the Board Audit…
Pride Microfinance Limited a government of Uganda-owned deposit-taking Microfinance institution was early May 2023 hacked and UGX1.3 billion stolen, CEO East Africa Magazine can exclusively reveal. Although the financial institution…
In startups and general businesses, valuation refers to the process of determining the financial worth or value of a company. It is an estimation of what the market considers the…
The Ministry of Finance Planning and Economic Development, Uganda Revenue Authority (URA) and Civil Society Organizations have launched the National Budget Month ahead of the reading of the 2023/24 financial…
Creditinfo Group, one of the leading global service providers for credit information and risk management solutions, has announced that it has acquired the operations of Experian Uganda and Namibia. As…
Ugandan fintech, Zofi Cash, has raised USD 1 Million in a pre-seed round from Advancly. The funding round, which is purely debt, will see Zofi Cash extend its salary advance…
In September 2012, Paul Kirungi arrived at New York’s John F. Kennedy International Airport, with one goal in mind, to pursue the American dream. Paul had decided to leave behind…
Two Ugandan startups, Xazu Technologies and eMaisha Pay have been selected for the inaugural Amazon AWS Fintech Accelerator program. AWS (Amazon Web Services) is the cloud computing arm of technology…
After three years with Stanbic Uganda Holdings Limited (SUHL), Joram Ongura, will be leaving his role as Chief Executive for SBG Securities Uganda Limited (SBG Securities) effective the end of…
Letshego Nigeria has won the prestigious 2023 Affirmative Finance Action for Women in Africa (AFAWA) Award at the just-ended African Banker Awards. The awards were held in Sharm-El-Sheikh, Egypt on…
