The number of high-profile Chief Executive Officers (CEOs) and managers from top companies quitting their jobs was smaller in 2019 compared to 2018. None the less, a number of CEOs and middle-level managers moved on; some were forced out while others exited having guided their companies to relatively safe harbor.
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Absa Group, one of the leading pan-African financial services group, has appointed Cheryl Buss (pictured) as CE of Absa International which includes managing Absa Securities United Kingdom. Among other responsibilities, this position will see her lead the bank’s international operations in its efforts to enable a globally scalable business that
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The Uganda Communications Commission and Uganda Tourism Board are two government agencies with two divergent mandates, but they share a deep sense of duty to grow the film industry in Uganda. This shared sense of duty has gradually developed into a bond that is set to be formalised through a
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A section of MPs are dismayed by what they have described as public humiliation of the Deputy Head of Operation Wealth Creation, Lt Gen Charles Angina by Security Minister, Gen Elly Tumwine. On Saturday morning, a video clip fired up social media, showing Gen Tumwine reprimanding a visibly subdued Lt
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Government will establish a sugar factory in Kamuli as part of its plans to improve the standard of living of the people in the region. The plan follows various petitions to the Speaker of Parliament, Rebecca Kadaga, from several sugarcane out growers, who said that there is a lot of
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The Uganda Police are investigating the disappearance of rally navigator Leon Ssenyange who reportedly went missing on Wednesday night. According to Kampala Metropolitan Police spokesperson, Patrick Onyango, Leon was last seen by colleagues at Throne Hotel on Wednesday night. "We have started investigating the disappearance of Mr. Leon Ssenyange a
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A Ugandan court has ruled that the country failed its international obligations by not arresting Sudan's ex-President Omar al-Bashir when he visited the country in 2016 and 2017. Bashir has an International Criminal Court (ICC) arrest warrant against him for genocide and crimes against humanity. Signatories to the ICC, including
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The Speaker of Uganda’s Rebecca Kadaga has rejected a debate on the public the exchange involving the Security Minister, Gen Elly Tumwine and Lt Gen, Charles Angina that ensued following when the duo intervened in a land wrangle between businessman Godfrey Kirumira and Dr Ben Khingi, a surgeon at Mulago
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dfcu Limited (‘dfcu”) has informed its shareholders and the public that CDC Group PLC, a Development Finance Institution owned by the British Government, headquartered in London has sold all the 74,580,276 shares it held in dfcu to the Investment Fund for Developing Countries (“IFU”), a Development Finance Institution owned by
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The International Monetary Fund (IMF) has approved a financing package for Somalia In a statement, Kristalina Georgieva (pictured), Managing Director of IMF said: “Today, the IMF Executive Board approved a financing plan that will help mobilize the resources needed for the IMF to cover its share of debt relief to
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