Category: Business

A bitter fight over a multi-billion shilling MTN marketing contract

A bitter fight over a multi-billion shilling MTN marketing contract

In 2023, M&C Saatchi Abel approached CTA Space with a proposal.The South African-based marketing, advertising and communications company was seeking an affiliate marketing agency that would be part of a multi-

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Sale of blood at health facilities leaves patients' pockets bleeding

Sale of blood at health facilities leaves patients' pockets bleeding

The theft of blood by a cartel of health workers at Nabiganda Health Centre IV in Butaleja District has placed hundreds of people meant to benefit at risk.An investigation carried out by Uganda Blood Transfusion S

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PRIME What EABL’s offer to fully own UBL means

PRIME What EABL’s offer to fully own UBL means

Uganda Breweries Ltd (UBL) could soon be entirely owned by its Kenyan parent company, East African Breweries Limited (EABL), if the Tuesday tender offer to purchase its minority stake valued at Shs12.3 billion is successful.

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Uganda Airlines to mark 5th birthday with new routes

Uganda Airlines to mark 5th birthday with new routes

This month, the national carrier, Uganda Airlines will make five years of spreading its wings across the East African region, India, West Africa, and the United Arab Emirates.The fifth birthd

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How Ndere fell deep into Shs10bn debt

How Ndere fell deep into Shs10bn debt

A few days ago, Quickway Auctioneers and Court Bailiffs listed for public auction, three properties including Ndere Cultural Centre, a well-known institution for cultural preservation and education, due to an unpaid loan.The public notice indicated that Ndere Cultural Centre, sp

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Egypt announces Africa’s first hydrogen-powered skyscraper, offering a new era for green power

Egypt announces Africa’s first hydrogen-powered skyscraper, offering a new era for green power

An artist’s rendering of the Forbes International Tower.Photo: Adrian Smith + Gordon Gill ArchitectureForbes is set to construct a 50-storey hydrogen-powered building in Egypt, the first of its kind in Africa. This groundbreaking pr

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Museveni tips schools on new curriculum

Museveni tips schools on new curriculum

President Museveni has tasked secondary school head teachers to effectively monitor the implementation of the competence-based curriculum for lower secondary schools to achieve its objectives.Mr Museveni, who was represented by State Minister for Kampala

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Uganda breaks ground on Ituka project, joining Africa’s solar revolution

Uganda breaks ground on Ituka project, joining Africa’s solar revolution

Power Technology · tukio via Shutterstock.Uganda has become the latest country to join Africa’s solar revolution as Dubai-based renewables developer AMEA Power begins construction of the country’s 24MWp (megawatt peak) solar project.The $19m I

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GPT-5 on the horizon? Sam Altman’s cryptic tweet with ‘Strawberry’ fuels speculation

GPT-5 on the horizon? Sam Altman’s cryptic tweet with ‘Strawberry’ fuels speculation

OpenAI has been working on Project Strawberry for some time, and Altman’s latest tweet has sparked rumours around GPT-5.Sam Altman took to his X account to post a cryptic tweet with an image of strawberries. (Express Image/Reuters)In July, it w

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65-year-old CEO sells his company and makes 88% of his employees millionaires

65-year-old CEO sells his company and makes 88% of his employees millionaires

Jay Chaudhry, 65, is now known as the billionaire founder and CEO of Zscaler, a cybersecurity company valued at about $28 billion. Back in 1998, he was an entrepreneur who first sold the startup he started with his wife Giotti. That business was SecureIT, which

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