For the first time in seven years, Kenya Airways has reported an operating profit of KSh 10.5 billion in the year ended December 31 2023, a 287% increase from the KSh 5.6 billion operating loss in 2022. This is a…
Patrick Pouyanné The Board of Directors of TotalEnergies SE this week decided to call an ordinary meeting which will among other matters retain Patrick Pouyanné, Chairman and Chief Executive Officer. There had been speculation that Patrick Pouyanné was about to…
PHOTO: John Rujoki Musinguzi, Commissioner General, URA John R. Musinguzi, the Uganda Revenue Authority (URA) Commissioner General, has been reappointed for a second 4-year term. He was first appointed in March 2022 to take over Uganda’s tax authority from Doris…
PHOTO: Fred Muwema, Chairman of the Anti Counterfeit Network Africa Kampala Uganda; March 14, 2024; The Parliament of Uganda through the Mover of the Private Member’s Anti Counterfeit Goods Bill (ACGB) 2023, Hon. Asuman Basalirwa (MP Bugiri) and Hon. Ebwalu…
John Musinguzi, URA Commissioner General The Uganda Revenue Authority (URA) is set to enlist all vatable smaller and medium size businesses on the Electronic Fiscal Receipt and Invoice Systems (EFRIS), to ensure efficiency in the collection of Value Added Tax…
Stephen Asiimwe, the Private Sector Foundation Uganda (PSFU) Executive Director. Women Entrepreneurs from Busoga sub-region could benefit from access to patient and low-interest capital in the long run, thanks to the 2024 Women’s Day Katale slated for 15th and 17th…
Photo Courtesy | Equity Bank Equity Bank Uganda has launched investigations into cases of fraud surrounding their Stock Loan and Agent Float financing that happened recently. The Stock Loan product is a credit facility meant to support entrepreneurs, small and…
Anne Juuko The Standard Bank Group has appointed Stanbic Bank Uganda Chief Executive Anne Juuko to a new leadership role as Global Markets Regional Head-East Africa. The appointment is effective 1 April 2024. A successor will be announced in due course. Kayode Solola,…
The Minister of Energy and Mineral Development, Ruth Nankabirwa who chaired the AGM said the government is committed to supporting UEDCL as it prepares to take over Umeme territory to ensure the sustainability of power supply – a key factor…
As the global investment landscape continues to evolve, Africa stands at the forefront of emerging opportunities, poised for sustainable economic growth and development. Recently, the 7th Pensions Funds and Alternative Investments Conference provided a platform to delve into the continent’s…
From Pinterest: Potrait of Sunil Bharti Mittal made by scretching a series or airtel sim cards gifted to them by Mumbai Team Sunil Bharti Mittal, Chairman of Airtel Africa has been awarded A Honorary Knighthood, the Knight Commander of the…
COURTESY PHOTO: Grace Semakula, Newly appointed Chief Executive for SBG Securities Uganda Limited (SBGS) Stanbic Uganda Holdings Limited (SUHL) has appointed Grace Semakula as the new Chief Executive for SBG Securities Uganda Limited (SBGS) and by virtue of that position,…
Courtesy Photo: Varghese Thambi, Managing Director, Diamond Trust Bank and TerraPay’s Muyingo A new partnership between Diamond Trust Bank and payment services company, TerraPay, could cut by more than half the cost of sending money from other countries to Uganda. Currently,…
Courtesy Photo: Anne Juuko Anne Juuko is set to leave her position as Stanbic Bank Uganda’s Chief Executive Officer, after exactly four illustrious years, for another role in the Standard Bank Group. According to the information available, she will be…
DR. Julia Clare Olima Oyet, the esteemed CEO of DPF, has expressed satisfaction with the unprecedented speed at which the settlement of EFC claimants is being handled. Remarkably, claimants are set to receive their compensations within an impressive 10 days…