Muhereza Kyamutetera

Muhereza Kyamutetera

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to #TakeYourPlaceInTheAfricanSun

While CEOs widely acknowledge the transformative potential of artificial intelligence, actual adoption remains limited in depth and scope.

60% Confident — But Not Moving Fast Enough: East Africa CEOs Grapple With the AI Gap, PwC’s 29th Global CEO Survey Finds

By Muhereza Kyamutetera East Africa’s CEOs are entering 2026 with confidence—but also with growing unease. Across Kenya, Uganda, Tanzania, Rwanda, Mauritius, and Zambia, business leaders are upbeat about growth prospects, supported by
Scaling With Purpose Under Mugabi’s Leadership: Managing Director Michael K. Mugabi at the helm of Housing Finance Bank’s 2025 performance—delivering a 20% rise in profit to UGX 85.4 billion, driven by strong deposit mobilisation and disciplined lending. Since taking office in 2018, Mugabi has grown customer deposits from UGX 451 billion to UGX 1.95 trillion (4.3x), expanded total assets from UGX 777 billion to UGX 2.7 trillion (3.5x), and increased both total income and net profit more than fourfold to UGX 499.9 billion and UGX 85.4 billion respectively—translating into sustained annual growth rates of over 20% and cementing one of Uganda’s most consistent banking transformations.
Scaling With Purpose Under Mugabi’s Leadership: Managing Director Michael K. Mugabi at the helm of Housing Finance Bank’s 2025 performance—delivering a 20% rise in profit to UGX 85.4 billion, driven by strong deposit mobilisation and disciplined lending. Since taking office in 2018, Mugabi has grown customer deposits from UGX 451 billion to UGX 1.95 trillion (4.3x), expanded total assets from UGX 777 billion to UGX 2.7 trillion (3.5x), and increased both total income and net profit more than fourfold to UGX 499.9 billion and UGX 85.4 billion respectively—translating into sustained annual growth rates of over 20% and cementing one of Uganda’s most consistent banking transformations.

Housing Finance Bank Profit Jumps 20% to UGX 85.4 Billion on Double-Digit Deposit and Loan Growth

Housing Finance Bank has posted a strong set of financial results for the year ended December 31, 2025, with net profit rising by 20% to UGX 85.4 billion, underpinned by sustained double-digit
April 28, 2026
L–R: Robert Kabushenga, Commissioner Isaac Kyaligonza, Asst. Commissioner Erukwaine Godfrey, Nicholas Kabanda and David Amolo share insights during the IPPU Coffee Connect at Fairway Hotel, where leaders challenged procurement professionals to embrace career reinvention, practical decision-making and stronger industry collaboration.
L–R: Robert Kabushenga, Commissioner Isaac Kyaligonza, Asst. Commissioner Erukwaine Godfrey, Nicholas Kabanda and David Amolo share insights during the IPPU Coffee Connect at Fairway Hotel, where leaders challenged procurement professionals to embrace career reinvention, practical decision-making and stronger industry collaboration.

Reinvent or Become Irrelevant: Kabushenga Urges Early Reinvention as Procurement Leaders Call for Practical Reform

Uganda’s procurement professionals have been challenged to rethink both their careers and the way they practice their craft, as leading voices from government and industry converged at the Institute of Procurement Professionals
April 26, 2026

 

error: Content is protected !!