The Ministry of Works and Transport has taken a significant step towards boosting trade and tourism in the Rwenzori region by signing a Memorandum of Understanding (MoU) with China State Engineering Construction Company (CSEC) to upgrade Kasese Airstrip into an…
MTN Group’s appointment of Monzer Ali as the Chief Executive Officer of MTN Rwanda is a strategic move that is expected to boost the company’s market leadership in the Rwandan telecom industry. With his wealth of experience and expertise, Monzer…
Uganda Development Bank (UDB), which is headed by Patricia Ojangole as Managing Director, has introduced the UDB SME Kazi Loan, a tailored financial solution designed to empower small and medium enterprises (SMEs) in Uganda. This loan offers funding of up…
The Bank of Uganda (BoU) has taken a significant step in the fight against financial fraud with the appointment of Dr. Tumubweinee Twinemanzi as Chairman of the Financial Sector Anti-Fraud Consortium. Dr. Twinemanzi is the Executive Director, National Payment Systems…
Uganda’s discovery and development of oil resources in the Albertine Graben present a rare opportunity for economic transformation. The oil and gas sector has the potential to drive growth, invest in infrastructure, healthcare, education, and other vital sectors. However, this…
In a bid to revamp the country’s power grid, the government of Uganda is set to invest US$ 100m about Shs370Bn in the Uganda Electricity Distribution Company Limited (UEDCL), which took over from Umeme at the beginning of this month.…
Quality Chemical Industries Limited (QCIL) has appointed Dr. Frances Philomena Namatovu as its new Executive Director. This strategic appointment is expected to further enhance the company’s business operations, leveraging Dr. Namatovu’s extensive experience and expertise in the pharmaceutical industry. QCIL…
A Champion of Integrity, Inclusion, and International Sport Governance This week, Publicist East Africa proudly features Dr. Donald Rukare, the Interim President of Commonwealth Sport, as our Captain of Industry, a testament to his decades-long journey of blending elite athleticism,…
Uganda has been voted the Best Investment Destination in East Africa for the third consecutive time at the Annual Investment Meeting (AIM) Congress. This achievement is a testament to the country’s growing attractiveness to investors and the favorable business environment…
African countries must invest in new and revamp old refineries to secure their energy future, according to Gloria Sebikari, Head of Corporate Affairs at the Uganda Petroleum Authority (PAU). This call to action emphasizes the need for harmonization between the…
In a groundbreaking move to transform the business landscape across Africa, the Afriexim Bank (Africa Export-Import Bank) is poised to unveil the first-ever African Trade Centre (AATC) in Abuja, Nigeria. This state-of-the-art business hub is designed to boost trade, support…
The Uganda Manufacturers Association (UMA) has a new champion at the helm, with renowned businessman Aga Sekalala Jr. taking over as Chairman of the Board. Sekalala’s appointment is set to transform the association and Uganda’s manufacturing landscape. A seasoned entrepreneur…
Dr. Patricia Ojangole, Managing Director of Uganda Development Bank, has called on African leaders to tap into domestic resources to drive economic growth and reduce reliance on foreign loans. She says this approach can help unlock affordable financing, catalyze public…
President Yoweri Museveni’s new ban on the exportation of raw materials aims to encourage value addition in Uganda, potentially transforming the agricultural sector. President Museveni issued the Monday April 7, 2025, via the official State House X(Twitter) handle @StateHouseUg with…
In business, few individuals have impacted the Ugandan economy like city businessman Elvis Sekyanzi Wavamunno, son of tycoon Gordon Wavamunno, the proprietor of Spear Motors and several other business ventures. With a career spanning several decades, Wavamunno has established himself…