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Business

Business News headlines from Uganda, Africa and around the world. Check out today’s most recent and up-to-date news

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Business

Exclusive: Where Next for Herman Kasekende After Stepping Down as Standard Chartered Tanzania CEO?

In a major shake-up within East Africa’s corporate banking ecosystem, Standard Chartered Bank Tanzania has confirmed that its veteran Chief

By Eve Nakyanzi 6 Min Read

Counterfeit Lubricants Threaten Uganda’s Vehicle Fleet as TotalEnergies Steps Up Consumer Awareness Drive

Uganda's rapidly growing transport sector is facing an increasingly costly threat from counterfeit lubricants, prompting TotalEnergies Uganda to intensify nationwide

By Edwin Muhumuza 5 Min Read

Angola’s Etu Energias Bets $310 Million on Offshore Expansion as Race to Sustain Oil Output Intensifies

Angola’s ambition to keep crude oil production above one million barrels per day is increasingly hinging on the success of

By Highfly 5 Min Read

Cut Smartphone Taxes and Digital Transaction Costs to Unlock Startup Growth, Experts.

Uganda’s digital economy is facing renewed scrutiny over the cost of participation, with industry players warning that high transaction charges

By Namutebi Phi 7 Min Read

Bitature Warns African Entrepreneurs on Burnout Risk, Urges Shift From Hustle to Sustainable Energy Management

Ugandan businessman Patrick Bitature is cautioning entrepreneurs and corporate leaders against glorifying overwork, saying the widely celebrated “hustle culture” may

By Highfly 3 Min Read

Uganda’s Oil Will Create Opportunity, But Without Liquidity, Many Will Watch It Pass

By Timothy Wilkins Okanya For more than a decade, Uganda’s oil narrative has lived in the language of anticipation. The

By Highfly 4 Min Read

Africa CDC Says Health Research Could Add $668 Billion to African Economies in Major Push for Medical Independence

Africa’s health research sector could become one of the continent’s biggest economic growth engines, generating an additional $668 billion in

By Namutebi Phi 4 Min Read

PayPal Expands PYUSD Stablecoin to Africa and 70 Global Markets in Push to Reinvent Cross-Border Payments

PayPal is accelerating its global digital payments strategy by expanding access to its U.S. dollar-backed stablecoin, PayPal USD (PYUSD), across

By Namutebi Phi 4 Min Read

Afreximbank Injects $15 Million Into Zimbabwe SMEs as Export Growth Accelerates

The African Export-Import Bank is expanding its push into Zimbabwe’s small business sector with a new $15 million financing facility

By Edwin Muhumuza 4 Min Read
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