CEO Reporter

Gen James Mugira: The humble soldier driving Uganda’s economic transformation agenda at NEC

by CEO ReporterProfilesThe Big StoryJanuary 24, 2024January 24, 2024

Whenever the term economic transformation is bandied about, the key players in this effort that we normally think about are government technocrats, politicians and the private sector. Rarely do we…

Knight Frank says Kampala housing sector grew in last half of 2023

by CEO ReporterIndustry & AnalysisJanuary 23, 2024January 23, 2024

In the last six months of 2023, the housing sector preformed well, recording minimal increments in rent for a two and three bedroomed apartment in Kampala and high occupancy rates,…

‘It will take Uganda 35 years to clear all domestic arrears’, CSBAG warns

by CEO ReporterNews & AnalysisParliamentJanuary 23, 2024January 23, 2024

Steven Alor, an economist at the Civil Society Budget Advocacy Group (CSBAG) has said that if government continues allocating Shs217 billion to clear its domestic arrears annually, it would take…

Over 2000 set to graduate with practical skills for industry and export in Greater Mukono

by CEO ReporterNews & AnalysisJanuary 22, 2024January 22, 2024

The Presidential Advisory Committee on Exports and Industrial Development (PACEID) in conjunction with the Department of Industrial Training (DIT)has finalized arrangements to graduate 2031 people in various fields from the…

How a 15 year old followed his dream and built the biggest cardboard packaging firm in Uganda, East Africa

by CEO ReporterBillionairesThe Big StoryJanuary 22, 2024January 22, 2024

At 15 years of age when most young people’s idea of having fun is clubbing, Ashish J. Thakkar, decided to start an IT company. In numerous media interviews Thakkar has…

Absa Bank launches 2nd edition of Absa-KH3 7 Hills Run to support girl-child education

by CEO ReporterNews & AnalysisJanuary 20, 2024January 20, 2024

Absa Bank Uganda, in partnership with the Kampala Hash House Harriers (KH3), has announced the second edition of the Absa KH3 – 7 Hills Run. The event is set to…

Bank of Uganda revokes licence of EFC, places its under liquidation

by CEO ReporterFinanceThe Big StoryJanuary 19, 2024January 19, 2024

Bank of Uganda has revoked the license of EFC Uganda Limited, a microfinance deposit taking institution because it is undercapitalized. In a statement from the deputy governor of the central…

Robert Zikusooka, the Kamuli born millionaire who has built Rose Foam into a great mattress brand

by CEO ReporterBillionairesThe Big StoryJanuary 18, 2024

If businessman Robert Zikusooka walked on the streets of Kampala, not many people would identify him. In fact it is difficult to find a clear photo of him. Zikusooka is…

Apple becomes world’s biggest phone maker, surpassing Samsung

by CEO ReporterGlobal NewsICTJanuary 17, 2024January 17, 2024

Apple now has the lion’s share of the global smartphone market, knocking Samsung off the top spot for the first time in 12 years. The American phone giant accounted for…

IMF predicts AI will affect 40% of all jobs, worsen inequality

by CEO ReporterIndustry & AnalysisJanuary 16, 2024January 16, 2024

Artificial intelligence is set to affect nearly 40% of all jobs, according to a new analysis by the International Monetary Fund (IMF). IMF’s managing director Kristalina Georgieva says “in most…