East African Business Notifier

In business, not every company has the tools, skillset and capacity to meet their customers' expectations, there for to ensure that the gaps are filled, many organizations turn to outsourcing these services which is technically called Business Process Outsourcing (BPO). The term BPO is a driving force in transforming Uganda’s digital economy, offering significant opportunities for its youthful population.  In an episode of the Ugandan podcast brought by the Ministry of IT and National Guidance in collaboration with MultiChoice Uganda, Dr Amina Zawedde, Permanent Secretary of the Ministry of ICT and National Guidance and Hassan Saleh, Chief Executive Officer at MultiChoice Uganda shed light on the immense potential of BPO. Dr. Zawedde defined BPO as a business which involves an entity performing a service or task for an organization or company, typically on a contract or part-time basis, without being a full-time employee .  These include, a production team for a show or podcas...

The Economic Commission for Africa (ECA) has launched the United Nations flagship World Economic Situation and Prospects 2026 (WESP 2026) report at its headquarters in Addis Ababa, highlighting a modest improvement in Africa’s growth outlook. According to the report, economic growth in Africa is projected to rise to 4.0 per cent in 2026 and 4.1 per cent in 2027, up from 3.5 per cent in 2024 and 3.9 per cent in 2025. The acceleration reflects greater macroeconomic stability in several large economies, supporting investment and consumer spending. Speaking at the launch, Stephen Karingi, Director, Macroeconomics, Finance and Governance Division at ECA, said that Africa’s improving outlook remains fragile in the face of global uncertainty.  “Despite the positive outlook, high debt-servicing costs, limited fiscal space and volatile commodity prices continue to weigh on Africa’s prospects for inclusive and sustainable growth,” Karingi said. Global output is forecast to grow by 2.7 per ce...

UN Economic Commission for Africa Executive Secretary, Claver Gatete and Morocco Minister of Economy and Finance Nadia Fettah Alaoui have signed the Host Country Agreement for the organization of ECA’s 58th session and Conference of African Ministers of Finance, Planning and Economic Development (COM2026).  The agreement sets out the areas of cooperation between the Morocco and the United Nations secretariat in planning and organizing the session, which serves as ECA’s principal policy-making organ.  COM 2026 will be taking place later this year in Tangiers, northern Morocco, from 28 March to 3 April under the theme: “Growth through innovation: harnessing data and frontier technologies for the economic transformation of Africa”.  “We thank Morocco for its leadership and trust. By hosting COM 2026 in Tangier, Morocco is helping elevate Africa’s collective economic voice and demonstrating how national leadership can drive regional solutions with global impact.  "Hostin...

Minister of Finance, Planning and Economic Development Matia Kasaija on behalf of the Government of Uganda and Sanjay Rughani the CEO and Head of Coverage, Uganda at Standard Chartered Bank have signed three Financing Agreements to fund key government infrastructure projects aligned with the Government's Ten-Fold Growth Strategy, aimed at expanding the economy to USD 500 billion by 2040. The signing ceremony was witnessed by the Minister of Energy and Mineral Development Dr. Ruth Nankabirwa, Hon. Sam Cheptoris – Minister of Water & Environment, Dr. Ramathan Ggoobi, Permanent Secretary and Secretary to the Treasury, Ms. Maria Håkansson- Swedish Ambassador to Uganda, the Permanent Secretaries from Implementing Ministries, Dalu Ajene the CEO & Head of Coverage, Standard Chartered Africa, Sujithav Sarangi - Executive Director, Development & Agency Finance at Standard Chartered , Ms. Maria Kiwanuka - Board Chair Standard Chartered Uganda, Prof. Ephraim Kamuntu and the three ...

By Ali Ssekatawa They say “the sun that rises slowly lasts till evening,” and 2026 is shaping up to be such a year for Uganda — one unfolding with steady confidence and carrying the weight of significant national promise.  January is quietly taking its bow, February waits in the wings, and the country steps forward with a renewed sense of political clarity, continental pride, and economic ambition. The Presidential Elections have concluded, leaving a firm verdict of continuity and signalling the electorate’s preference for stable stewardship. Meanwhile, across the continent, the Africa Cup of Nations (AFCON) in Morocco delivered its spectacle and passed the baton to East Africa, the region set to host the 2027 edition.  As the elders say, “when a path is trusted, even the footsteps become lighter.” The CAF handover reaffirmed that the Pamoja Bid is on course and that preparations are aligned with regional aspirations. Amid these political and sporting milestones, one theme thr...