In a move set to shake up the insurance industry in Uganda, Aidah Nkwanzi has taken the reins as the new Chief Executive Officer of Britam Life Assurance. A seasoned insurance expert with over 18 years of experience, Nkwanzi is…
Applications are open for schools to compete in the 10th season of the Stanbic National Schools championship (NSC) and the stakes are high on who will win the youth entrepreneurship gong as it marks a decade since its inception. Last…
A recent Memorandum of Understanding (MoU) signed between EACOP Limited and the Government of Tanzania is set to bolster the oil and gas sector in Uganda. The agreement, facilitated through the Ministry of Home Affairs, outlines project security commitments in…
As Chair, Zubairu will drive collaborative growth by strengthening partnerships among member institutions, African governments, and global agencies to build a robust financial architecture The Alliance of African Multilateral Financial Institutions (AAMFI), also known as the Africa Club, has announced…
A Leader Bridging Tradition and Economic Transformation For over a decade, Charles Peter Mayiga, the Katikkiro (Prime Minister) of Buganda, has redefined what it means to be a custodian of both culture and commerce. Appointed by Kabaka Ronald Muwenda Mutebi…
In a move aimed at boosting economic development in South Sudan, the African Development Fund (ADF) has approved a grant of USD 153.66 million (over Shs562 billion) for the Uganda-South Sudan power interconnection project. The project, which is part of…
British American Tobacco Uganda Limited (BATU) has announced significant changes to its Board of Directors, effective 1 March 2025. The changes include the appointment of a new Managing Director, the addition of a Non-Executive Director, and the resignation of an…
Uganda is one of the countries that are most vulnerable to climate change in Africa. Rising temperatures, changing rainfall patterns, and increased frequency of extreme weather events are all taking a toll on the country’s agricultural sector. The worst-affected areas…
The Petroleum Authority of Uganda (PAU) has reaffirmed its commitment to improving the livelihoods of project-affected Ugandans through agriculture. During a quarterly engagement meeting with Non-Governmental Organizations (NGOs) and private sector players in Kampala, the PAU shared valuable insights on…
Afreximbank Advocates for Increased Local Participation in Guyana’s Oil Value Chain In a landmark announcement at the Guyana Energy Conference and Supply Chain Expo, Prof. Benedict Oramah, President and Chairman of the Board of Directors of the African Export-Import Bank…
With the Easter holiday season just around the corner, businesses in Uganda are gearing up to capitalize on the increased consumer spending. Financial experts at Stanbic Bank have shared valuable insights on how entrepreneurs can maximize sales, profits, and customer…
The new Sunflower Processing Unit in the eastern district of Uvinza will give a business boost to 21,000 people A new sunflower processing unit in Tanzania’s eastern Uvinza district is transforming the agricultural landscape, boosting local businesses, and providing a…
The Uganda Electricity Generation Company Limited (UEGCL) has reaffirmed its commitment to supporting the country’s development agenda, as outlined in the National Development Plan (NDP) III (2020/21-2024/25) and the upcoming NDP IV (2025-2030). In a stakeholders’ workshop held at Skyz…
Uganda’s economy is poised for a significant boost, thanks to the vast potential of castor oil production. With its high market demand, profitability, and versatility, castor oil is an attractive crop for Ugandan farmers to embrace. In this article, we…
According to Interpol’s 2024 Global Financial Fraud Assessment, business email compromise, romance baiting, phishing, and other online frauds pose growing threats to Africa’s digitalized economy The African Development Bank Group has taken a significant step forward in its fight against…
The recent rejection by the Ugandan parliament of a request to exempt businessman Donati Kananura from paying taxes worth Shs2,696,768,814 on grounds that he is battling diabetes and prostate enlargement has sparked a debate on the pros and cons of…
Following Saudi Arabia’s latest energy efficiency cooperation agreement with Egypt, the African Energy Week: Invest in African Energies 2025 conference will provide a vital platform to accelerate partnerships and secure new deals between Saudi Arabia and African countries Earlier this…
The launch of the Uganda Business Process Outsourcing (BPO) campaign is poised to revolutionize the business environment in Uganda. While launching the campaign at Mestil Hotel in Kampala on Thursday, Chris Baryomunsi, the Minister for ICT, who was flanked by…
The exemptions, granted under Section 40(1) of the Tax Procedures Code Act, 2014 were based on financial hardships and the strategic importance of the entities to economic development Parliament has approved tax waivers of over Shs9.5 billion for selected local…
The commissioning of Piston Medical, a state-of-the-art pharmaceutical factory located in Namanve Industrial Park, marks a significant milestone for Uganda’s healthcare and industrial sectors. With the capacity to produce 16 life-saving medical commodities, Piston Medical is poised to revolutionize the…
As a key G20 member, Brazil is deepening its energy cooperation with African nations through strategic investments, partnerships and knowledge exchange, with this year’s African Energy Week: Invest in African Energies conference paving the way for greater collaboration As a…
Uganda’s livestock industry has been plagued by the recurring outbreaks of Foot and Mouth Disease (FMD), resulting in significant economic losses for farmers and the government. To combat this, the government has proposed a cost-sharing initiative for FMD vaccination in…
The discovery of oil and gas in Uganda has opened up new opportunities for economic growth and development, with local companies winning contracts worth over Shs748 billion in the last quarter. As the country prepares to start commercial oil production,…
The advent of electronic banking has revolutionized the way people conduct financial transactions. However, according to business analysts at the Publicisteastafrica.com this convenience has also introduced new risks, particularly in the form of electronic fraud. In Uganda, several banks are…
Airtel Uganda Limited has announced its financial results for the year ended 31st December 2024, showcasing a resilient performance driven by sustained growth in its customer base, data services, and strategic investments in network expansion. The company reported an 11.4%…
The Isimba Dam, a Shs2.2 trillion (USD 570 million) project commissioned by President Yoweri Kaguta Museveni in 2019, is on the verge of collapse due to severe damage. This dire situation has prompted Members of Parliament to call for the…
In a significant milestone for ethical finance, Centenary Bank, Uganda’s leading microfinance institution, has announced that it will host the 17th Annual General Meeting (AGM) of the Global Alliance for Banking on Values (GABV). The event, scheduled to take place…
As the world grapples with the devastating effects of climate change, Uganda Breweries Limited (UBL) is taking proactive steps to mitigate its impact on local communities. Through its Water for Life Programme, UBL, through harnessing advanced technology, is championing water…
Uganda’s oil and gas sector is ripe for investment, with several projects underway that promise significant returns. The Uganda National Oil Company (UNOC) has been actively courting investors, showcasing the country’s favorable business environment and highlighting the laws, regulations, and…
The presentation reported that 39 African countries have improved their scores since 2016, indicating that visa openness across Africa is at its highest level since the inception of the index On the sidelines of the 38th African Union Summit, African…
As a poultry farmer, selling raw eggs may seem like the easiest and most straightforward way to earn a profit. However, experts reveal that adding value to eggs can double, or even triple, earnings. According to Dr. Hillary Emma Musoke,…
Nike and SKIMS Launch New Brand, NikeSKIMS, Designed to Sculpt; Engineered to Perform Nike, Inc. (NYSE: NKE) and SKIMS are teaming up to disrupt the global fitness and activewear industry with the launch of NikeSKIMS, a new brand that will deliver…
The Uganda Tourism Board‘s (UTB) decision to crack down on substandard hotels, lodges, and other accommodation facilities is a bold move to boost Uganda’s tourism sector. Tourism is a significant contributor to Uganda’s economy. According to the Uganda Bureau of…
Today, Publicist East Africa proudly profiles Ms. Nwanne Vwede-Obahor, a true inspiration to women across the globe. As the UNDP Resident Representative for Uganda, Ms. Vwede-Obahor leads and directs UNDP’s efforts to support Uganda’s national development goals. Her impressive career…
Uganda’s government is seeking a massive loan to finance the buyout of Umeme Limited, the country’s main electricity distributor, as its 20-year concession comes to an end on March 31, 2025. The government is negotiating with Stanbic Bank to secure…
Taking place March 13, 2025, the Invest in African Energies investor forum will explore new opportunities for Chinese companies in Africa The upcoming Invest in African Energies investor forum in Shanghai on March 13, 2025, is set to highlight the…
Housing Finance Bank (HFB) has strengthened its commitment to promoting the creation and consumption of renewable energy in Uganda, as the country grapples with the devastating effects of climate change. To achieve this goal, the Bank has partnered with the…
Dr. Hillary Emmanuel Musoke, the newly appointed Senior Presidential Advisor on Agribusiness, is poised to revolutionize Uganda’s agricultural sector. With his wealth of experience, Dr. Musoke is expected to tackle several key issues, including: Embracing Mechanised Farming and AgriTech: Dr.…
The Uganda Revenue Authority (URA) has joined forces with Kenya’s tax body, Kenya Revenue Authority (KRA), to combat cross-border smuggling. This strategic partnership aims to curb illicit trade and tax evasion, promoting economic growth and development in both countries. URA’s…
Dr. Akinwumi A. Adesina, President of the African Development Bank Group (AfDB), delivered a powerful farewell address to African Heads of State and Government at the 38th African Union Summit, marking the culmination of a decade of impactful leadership. The…
The Petroleum Authority of Uganda (PAU) is playing a vital role in championing job creation and boosting economic development in the country. Under the leadership of Executive Director Ernest Rubondo, PAU has made significant strides in building a skilled local…
In an interview with Energy Capital & Power, Imperatus Energy CEO Oumar Semega outlined strategies for supply chains and infrastructure development in the Republic of Congo As the Republic of Congo sets its sights on a significant increase in crude…
Uganda is poised to take center stage in global water and sanitation discussions as it prepares to host the 22nd African Water and Sanitation Association (AfWASA) International Congress & Exhibition from February 16–20, 2025. This prestigious event, themed “Water and…
The Global Fund is the largest source of funding for malaria, providing 62% of all international financing for malaria programmes Against the backdrop of the 2024 Africa Malaria Progress Report, which reveals stagnating progress and mounting threats to malaria elimination…
Uganda’s oil and gas sector is on the cusp of a transformative era, with steady progress toward achieving the country’s national content agenda by 2040. The Petroleum Authority of Uganda, headed by Ernest Rubondo as Executive Director, reports that significant…
The upcoming launch of the South African National Petroleum Company reflects a broader trend across Africa, where nations are restructuring their state-owned energy enterprises to attract investment, improve efficiency and enhance energy security The upcoming launch of the South African…
Uganda’s financial sector is grappling with a myriad of challenges, including rampant fraud, cybersecurity threats, health crises, and geopolitical instability. The latest case of fraud in the banking sector is the theft of over Shs60Bn from Bank of Uganda, which…
Cancer has swiftly become one of the leading causes of death in Uganda, with over 35,000 new cases reported annually. In a country where healthcare systems are stretched thin and treatment options are often out of reach for the average…
As the business landscape continues to evolve, staying ahead of the curve is crucial for success. The Stanbic Economic Insights Symposium, scheduled for March 11, 2025, at Kampala Serena Hotel, offers a unique opportunity for business operators to gain valuable…
Following his recent confirmation as the Governor of the Bank of Uganda, Dr. Michael Atingi-Ego steps into one of the most influential economic roles in the country at a time when Uganda’s monetary policy is under heightened scrutiny. His appointment…
Airtel Uganda, fresh off its landmark IPO in 2023, is undergoing a significant leadership overhaul that has sparked both intrigue and concern across the telecom sector. In a bold move, the company has seen the exit of key figures, including…