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    Jeff Winters

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    Ajay Kumar Pal has engineered a remarkable comeback of the now rebranded Quality Chemicals Limited, which, about three years ago, could have been very difficult to think about. Quality Chemicals’ fortunes had decelerated, with both earnings and stock trading falling to historical lows.

    From Red to Resurgence: How Kumar has Engineered Quality Chemical’s Turnaround

    Jeff WintersIndustry & AnalysisThe Big StoryJuly 18, 2025July 21, 2025

    In 2021, Ajay Kumar Pal became CEO of Cipla Quality Chemicals, now QCIL. He displayed a calm resolve of someone used to pressure. He wasn’t just walking into a leadership…

    Qcil’s profits jumps 22 percent to Shs40.7 billion on steady sales and smart pricing

    Jeff WintersNews & AnalysisSponsored ContentJuly 18, 2025July 18, 2025

    As the pharmaceutical world recovers from the Covid-19 pandemic, Uganda’s Quality Chemical Industries Limited (Qcil) is proving that consistency drives long-term success. For the financial year ending March 2025, Qcil…

    Through Vehicle & Asset Financing, dfcu is doing more than writing loans. It’s funding tractors in Lira, refrigerated fish trucks bound for Entebbe, electric bodas navigating Kampala’s congestion, and hundreds of income-generating tools across Uganda.

    The Machines That Make Money: How dfcu is Rewiring Uganda’s Productive Economy

    Jeff WintersBanking & InsuranceCompany NewsJuly 16, 2025July 16, 2025

    Over the last three years, Uganda’s economy has shifted from a slow recovery to fast-paced growth. At the heart of this transformation is capital: not just in the form of…

    dfcu Group chairman Jimmy D Mugerwa says the 2024 strong operational and financial performance has laid a foundation for for the Group to remain competitive in the market.

    dfcu’s Quiet Comeback: Profit Surges, Wounds Heal, and Strategy Crystallizes

    Jeff WintersBanking & InsuranceJuly 15, 2025July 15, 2025

    In a financial world increasingly shaped by agile Fintechs and digital-first lenders, dfcu is something of an old soul. At 60 years old, it carries the legacy—and the burden—of being…

    Standard Chartered Bank: Boldly unleashing the full potential of youths, women and SMEs in Uganda amidst a global crisis

    Jeff WintersCompany NewsIndustry & AnalysisNews & AnalysisApril 14, 2023April 14, 2023

    According to the Economic Policy Research Centre (EPRC), Uganda’s leading think tank on economics and development policy-oriented research and analysis, 425,000 jobs were lost amongst Micro, Small and Medium Enterprises…

    Tax Appeals Tribunal sets aside UGX4.6 bn tax bill against Kansai Plascon 

    Jeff WintersCommercial JusticeNews & AnalysisThe Big StoryApril 14, 2023April 14, 2023

    The Tax Appeals Tribunal, sitting in Kampala has set aside a UGX4.6 billion import duty assessment against paint makers, Kansai Plascon Uganda. The company dragged the Uganda Revenue Authority (URA)…

    Ugandan Parliament approves UGX49.98 trillion 2023/24 budget proposals

    Jeff WintersNews & AnalysisParliamentPolitics & GovernmentThe Big StoryFebruary 3, 2023February 3, 2023

    The Ugandan Parliament on 31 January 2023 passed the Budget Framework Paper with proposals of to spend UGX49.98 trillion (USD13.6 billion) for the financial year 2023/2024. The passing of the…

    I&M Bank Uganda opens first-of-its-kind banking channel at Kingdom Kampala Building

    Jeff WintersCompany NewsFinanceIndustry & AnalysisNews & AnalysisThe Big StoryJanuary 18, 2023January 18, 2023

    The one-of-a-kind Kingdom Kampala Branch will host the bank’s affluent banking brand known as I&M Select Banking, as well as a Corporate Banking Centre, 24-hour ATM and the soon-to-be-launched 24/7…

    1,935,307 CUSTOMERS AND UGX3.6 TRILLION IN ASSETS: The tale of Fr. Mapeera, a French missionary and Centenary Bank, Uganda’s second-largest bank

    Jeff WintersThe Big StoryJuly 5, 2020July 5, 2020

    At ten minutes past 1:00pm on the 12th of May 1890, Reverend Father Siméon Lourdel breathed his last, aged just 37 years. Fr. Lourdel and Amans Delmas, an auxiliary brother who…

    MONEY, PEOPLE & POWER: The 10 bank CEOs that control 80% of Uganda’s banking sector

    Jeff WintersFinanceThe Big StoryJune 22, 2020June 29, 2020

    #1. Anne Juuko Chief Executive, Stanbic Bank Period in Charge: 4 months 2019 Asset Value: UGX6.6 trillion Market Share: 20.2 per cent Industry Rank: 1 Stanbic Bank has maintained the…

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