The chief executive role is a tough one to fill. From 2020 to 2024, about a quarter of the CEO departures in Africa were involuntary, according to our analysis. The …
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EY, the international financial services consultancy, has ranked Uganda in the top 10 for foreign direct investment (FDI) performance in Africa during 2023 in terms of attracting capital, starting new …
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ExecuJet MRO Services Becomes Authorised Service Centre for Safran Power UnitsÂ
Johannesburg – Safran Power Units has appointed ExecuJet MRO Services (ExecuJet) in Australia, Malaysia, and Dubai as authorized service centers (ASC) for the Safran auxiliary power unit (APU) used on …
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UGANDA SIGNS WIPO TREATY ON GENETIC RESOURCES AND ASSOCIATED TRADITIONAL KNOWLEDGE 2024.
On 4th December 2024, Uganda, represented by Hon. Norbert Mao, the Minister of Justice And Constitutional Affairs signed the World Intellectual Property Organisation (WIPO) Treaty on Intellectual Property, Genetic Resources, …
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Global NewsLatest News
Standard Chartered to sale its Retail Business across three (3) markets in Africa
Standard Chartered PLC (the Group) has announced that it is exploring the potential sales of its Wealth & Retail Banking (WRB) businesses in Uganda, Botswana, and Zambia. The Group will concentrate …
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FinanceGlobal NewsLatest NewsNewsRegional News
Africa’s Financial Struggles: IMF Debt Piling up to Catastrophic Levels
Africa is facing a severe financial crisis as the International Monetary Fund (IMF) debt continues to escalate to catastrophic levels. With Egypt topping the list of African countries heavily indebted …
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Global Disruption: Airlines, Banks & Stock Market Hit by Microsoft Outage
Microsoft has experienced a global outage that had far-reaching implications, triggering a cascade of disruptions that have severely impacted air travel worldwide. This outage has not only grounded flights and …
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EnergyGlobal NewsLatest NewsNewsOil & GasRegional News
How Kenya’s $40M Bond Fee Hike At Vitol Terminal Hampers Uganda’s Competitive Fuel Prices Effort
Uganda’s efforts to ensure competitive fuel prices at the pump are far from yielding results as Kenya increases the Vitol terminal bond fee to USD 40 million. Last year, Ugandan …
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AgricultureGlobal NewsIndustry & TradeLatest NewsRegional News
UAE Deal Can Trigger Faster Scale-up of Uganda’s Fruit Supply-chain
It was not just out of expediency that Sheikh Mohammed Bin Maktoum Bin Jumah Al Maktoum of the United Arab Emirates (UAE) royal family generously offered seven cargo planes to …
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On February 23, 2024, the Financial Action Task Force (FATF) announced a list of jurisdictions under increased monitoring, commonly referred to as the “grey list.” These jurisdictions are actively collaborating …