In a world where conflict still undermines development, the Rotary Peace Centre at Makerere University is a beacon of hope and transformation. This Centre, the first of its kind in...
Uganda’s personal care manufacturing major, Movit Products Limited, has appointed Steven Mwesigwa as its incoming Group Managing Director, effective January 2025, CEO East Africa Magazine can exclusively reveal. He has...
In response to a recent question from one of the law students at Bibi Rukwenje’s Boundless Minds conversation, I realised I had not fully addressed why I find the advice...
By Francis Lutalo The banking industry is facing unprecedented times with the need to adapt faster to emerging technology to serve the ever-changing client needs. Faced with competition from other...
The last 24 months have been some of the most volatile and unpredictable for several African markets. From steep currency fluctuations, persistent inflationary pressures and oscillations in consumer expenditure. There...
dfcu Bank is set to pay a final dividend of UGX 6.8 billion to its 3,851 shareholders by August 31st after the Board of Directors made a final approval at the Annual General Meeting held at Hotel Africana on Thursday this week. Speaking on behalf of the Board of Directors, Mr Jimmy Mugerwa, the Chairman Board said the bank upheld…
Ugandan startups have increasingly become attractive to VC firms across Africa. Outside the big four of Kenya, South Africa, Nigeria and Egypt, Uganda regularly hovers next to them competing with…
Ugandans are set to earn big from gold sales as the Bank of Uganda (BOU) initiates a Domestic Gold Purchase Programme which is aimed at building the country’s foreign reserves and minimizing associated risks on reserves investments in the international financial markets. The gold purchase programme will involve purchasing gold directly from the artisanal and small scale miners, which also…
The EAVCA (East Africa Venture Capital Association) is the primary industry association for East Africa’s private equity and venture capital ecosystem. It was founded in 2013 to represent the private…
Children’s Rights and Violence Prevention Fund (CRVPF), and gnuGrid CRB, in partnership with the Mastercard Foundation, have extended their partnership for the Empowering Youth Through Data and Community Development (EYDCD)…
Ugandan startups raised $19m in the first half of 2024, as per Africa: The Big Deal data. Overall, African countries raised $780m which is a 57% decline from what African…
The National Social Security Fund (NSSF) has reaped a total of UGX 80.6 billion from its investment in MTN Uganda over the last 3 years, following payment of UGX 39.8 billion dividends for the year ended December 31, 2023. The payment is the largest the Fund has earned from a listed company in the region this year, NSSF Managing Director Patrick…
The latest Stanbic Bank Purchasing Managers’ Index (PMI) covering business activity for the month of June has shed light on Uganda’s private sector showing an expansion midway through the year, as business conditions improve further on the back of increased client numbers and favourable demand trends. This has also reportedly led to the latest rise in new orders and greater…
The World Bank Group (WBG) has slapped a 30-month ban on Kenya-based Ernst & Young LLP (EY Kenya), which is in connection with sanctionable practices as part of the Somali Core Economic Institutions and Opportunities Program (SCORE) and the Second Public Financial Management Capacity Strengthening Project (PFM II) in Somalia. SCORE was designed to improve the enabling environment for private…
Olivia Byanyima is one of Uganda’s most prominent investment advisory titans. She graduated from Makerere University with a bachelor’s degree in Quantitative Economics before topping it up with a Masters…
