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…
To date, AFC has secured a total of US$700 million in financing from CEXIM, including a US$300 million facility in 2018 and another US$400 million loan in 2023 Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, has signed a…
HHA aims to improve access to timely diagnosis and treatment, reducing the burden of this disease across communities AstraZeneca’s flagship health equity programme – Healthy Heart Africa (HHA), marks its 10th anniversary, celebrating successfully taking over 67 million blood pressure…
With Chevron’s latest farm-in offshore Namibia highlighting Africa’s investment appeal, African Energy Week: Invest in African Energies 2025 will explore strategies for structuring attractive PSCs and securing high-impact farm-in agreements in Africa’s oil and gas sector Africa’s oil and gas…
International Oil Companies highlighted Mozambique as an attractive investment destination during the African Energy Chamber’s Invest in African Energies: Mozambique Roundtable in Maputo on Thursday Global energy major, ExxonMobil has invested over $20 million in Mozambique as part of its…
Uganda has reached a remarkable milestone in healthcare with the introduction of Mesenchymal Stem Cell Therapy (MSCT). Prof. Elly Karuhanga, a renowned lawyer and founding partner at Kampala Associated Advocates, became the first Ugandan to undergo this groundbreaking treatment at…
As the Republic of Congo prepares to host the Congo Energy & Investment Forum (CEIF) 2025 from March 24-26, 2025, in Brazzaville, the spotlight is on the country’s upcoming Gas Code and its potential to transform the nation’s energy sector. In an exclusive interview with Energy…
The Chairman, United Bank of Africa Group, Tony O. Elumelu, has revealed that of all continents, Africa has the highest Return On Investment (ROI). Elumelu, who was speaking at the World Government Summit in Dubai, noted that Africa is the…
The Uganda National Oil Company (UNOC) is actively courting investors to partner in the exploration and development of the Kasuruban oil and gas block. Philips Obita, UNOC’s General Manager-Upstream, made the call at the Sub Saharan Africa International Petroleum Exhibition…
The State of African Energy 2025 Outlook provides an overview of the dynamics of Africa’s involvement in the global LNG sector The global energy marketplace is shifting toward the acceptance of natural gas as a pivotal component in the transition…
In a groundbreaking move aimed at revolutionizing workplace dynamics, Roke Telkom, Uganda’s homegrown telecommunications provider, has partnered with THAUT, a cloud-based emotional intelligence (EI) platform, to launch an innovative solution designed to enhance organizational engagement and foster meaningful connections. The partnership, announced…
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Namibia is on the cusp of a transformative era in its energy sector, with recent oil and gas discoveries positioning the country as a key player in Africa’s energy landscape. To harness this potential and ensure local industries and communities’…
The Republic of Congo is gearing up to showcase its energy potential and investment opportunities at the inaugural Congo Energy & Investment Forum (CEIF) 2025, scheduled to take place in Brazzaville from March 24-26, 2025. Under the leadership of Bruno Jean-Richard Itoua, Minister…
Uganda’s agricultural sector is poised for a significant turnaround, thanks to the government’s focus on leveraging Agriculture Technology (Agritech). This was revealed by Matia Kasaija, the Minister of Finance, Planning and Economic Development, who was speaking at the Uganda-EU Business…
In a move aimed at protecting intellectual property rights, the Uganda Communications Commission (UCC) has banned the broadcast of pirated movies, soaps, and dramas on local TV stations. This decision is expected to have far-reaching consequences for the television industry…
A recent Bloomberg report dated February 10th has revealed that the European Union is set to review its multibillion euro foreign aid program, aiming to align the allocation of funds more closely with its evolving strategic and geopolitical interests. This…
In a significant move to address a major financial scandal, the Ministry of Finance, Planning, and Economic Development has appointed Godfrey Ssemugooma as the Acting Accountant General. This decision follows the interdiction of nine senior officials implicated in a Shs 60 billion (USD…
The Permanent Secretary of the Ministry for Information Communication and Technology and National Guidance, Dr. Aminah Zawedde, has urged the new Airtel Uganda Managing Director Soumendra Sahu, to leverage ICT networks to create more jobs in the country. Dr. Zawedde…
In a significant milestone, Safaricom, Kenya’s leading telecommunications provider, has been awarded the title of Most Inclusive Brand by Kantar, a renowned research firm. This prestigious recognition underscores Safaricom’s dedication to embedding diversity, equity, and inclusion (DE&I) throughout its operations.…
Reeta Roy, the President and CEO of the Mastercard Foundation, has announced her decision to transition from her role after nearly 18 years of transformative leadership. Roy, who joined the Foundation in 2008, will continue to lead the organization through…
The agricultural sector in Uganda has been dealt a huge blow with the ongoing winding down process of the Uganda Cocoa and Commodities Limited, which is set to be wound up together with Grow More Seeds and Chemicals Limited, over…
The rapid advancement of technology is transforming the business landscape, making production, sales, and revenue tracking more efficient than ever. Emmy Hashakimana, Commercial Director at Uganda Breweries Limited (UBL), highlighted the impact of technology on trade in East Africa, using…
A landmark investment opportunity is on the horizon for Uganda, as President Yoweri Kaguta Museveni recently met with a delegation of investors from Austria’s EcoNetix, a clean energy company. The discussion centered around a potential USD500 million (about Shs 1,839,755,000,000)…
The Government of Uganda, in partnership with Centenary Bank and the Private Sector Foundation Uganda (PSFU), has launched a groundbreaking initiative to empower women entrepreneurs through the GROW project. This project has already enabled over 2,073 women to access funds…
The Board of Directors of the African Development Bank Group has approved over $31 million in funding under its African Climate Action Window (CAW) to strengthen climate resilience in Sierra Leone, South Sudan, Djibouti, and Madagascar. The Climate Action Window…
In a landmark ruling, the Tax Appeals Tribunal has ordered CFAO Motors, formerly Toyota Uganda, to pay Shs2.08 billion to the Uganda Revenue Authority (URA) in a Value Added Tax (VAT) dispute. The tribunal’s decision clarifies the application of Value-Added…
Let’s reflect about the quote. “When the well is dry. We shall know the worth of water” by Benjamin Franklin. He highlights the value of water and the importance of appreciating it while it is still abundant. We need to…
TDB Group and Anzana Electric Group (“Anzana”) announce the financial close and first utilization of a portfolio project debt package for two run-of-river hydropower projects in Burundi developed by Songa Energy. This USD 35 million 10.65MW long-term debt financing facility…
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Dr. Fabian Kasi, the Managing Director of Centenary Bank, has revealed that the bank has invested over Shs200 billion in Ugandan startups since in the past few years. This significant investment has benefited over 5,000 enterprises, providing them with crucial…