In a financial sector often driven by balance sheets and bottom lines, Joseph Mugume has spent 25 years proving that sustainable growth begins with people. As Chief Executive Officer of...
As schools across Uganda reopen for the first term of the academic year, dfcu Bank has rolled out a nationwide back-to-school campaign aimed at easing the heavy financial burden that...
If ESG were a person, at Letshego Uganda, he/she would not be seated in a boardroom quoting frameworks. It would be on the road, on the phone, and occasionally on…
Eri Ssebowa is a seasoned finance and accounting professional with over nine years of progressive experience in strategic financial management, business partnering, financial reporting, and performance management across the banking,…
Following a reputational and financially bruising fraud scandal — in which the brewer estimates to have lost about UGX 9 billion — and the subsequent exit of its Heads of…
Uganda Breweries Limited (UBL) has unveiled Diageo One, a self-service portal that will enable customers to buy Uganda Breweries Products directly from the company’s distributors. The launch took place at Serena Hotel in Kampala. The B2B E-Commerce app, according to UBL Managing Director Andrew Kilonzo will connect business customers to Uganda Breweries, distributors, brands, promotions, messaging, ordering and delivery among many functions. “We are looking to facilitate innovation that is going to make us convenient and efficient. The solution we are launching today is called Diageo One App. It is available on both the APP store and Google Play. The…
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Chipper Cash, a cross-border payment solution on Friday commemorated her 4th anniversary. Chipper Cash was founded in 2018 by Maijid Moujaled, of Ghanaian descent, and Uganda’s Ham Serunjogi, to enable African consumers send money to each other and across national borders cheaply and easily. “At the core of many business origin stories is people taking an initiative to build products and services that they’d like to use for themselves, if for no other reason. Chipper is no different – a little less than four years ago Maijid and I set off on a journey to make sending money across & within…
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Jenifer Bamuturaki, has been appointed the Chief Executive Officer (CEO) of Uganda Airlines after serving in acting capacity for a number of months. Jenifer also doubled as the Commercial Director for the carrier, a position she has held since April 2019. A letter from the Works and Transport minister, Gen. Edward Katumba Wamala, addressed to the chairperson of the Uganda Airlines board indicates that the directive to appoint Bamuturaki came from President Yoweri Museveni. The airline recently advertised the position of Chief Executive Officer on June 24th 2022 within the same week that Cornwell Muleya the airline’s former CEO had…
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Uganda Breweries Limited (UBL) has handed over 20 handpump boreholes worth UGX 560 million to communities in the Northern and North-Eastern sub-regions of Teso and Lango that will serve 9,223 people across the districts of Oyam, Lira, Kapelebyong, Katakwi and Bukedea. The boreholes were officially received by the Resident District Commissioner of Bukedea, Hajj Imran Mulunga, in a ceremony attended by regional Members of Parliament, Resident District Commissioners, Local Councillors, Chief Administrative Officers and residents at a ceremony held at the Rock View Village, Aluwa Parish, Kolir Sub County, Bukedea District. While giving his remarks, Mulunga said, “This project demonstrates…
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Rhona Namanya, with effect from July 2022, has started a new position as Head of Beer-Marketing at the Dar es Salaam based Serengeti Breweries Limited in Tanzania. “Iam celebrating new beginnings today, with this exciting news. I start a new role at Serengeti Breweries Limited as the Head of Beer, Marketing,” Rhona announced excitedly on her LinkedIn page this morning. Rhona is a highly gifted marketer with a flair for transforming brands as a result of her passion, deep understanding of the consumer and her outstanding execution. She has developed a strong reputation for creating strategies that forge strong emotional connections and…
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Goldmine Finance, a licensed tier IV micro finance and ioTec Limited, a financial technology firm and software development company have entered into a partnership to catalyze the micro lenders next phase of growth. To kickstart the partnership, ioTec has enabled Goldmine Finance to launch, the first of many digital products that will come under this partnership— a micro credit platform dubbed the Goldmine Mobile Loans. The product, according to Alan Tayebwa, the Chief Executive Officer of Goldmine Finance, has been designed to “give better, faster, and efficient service to both new and existing clients.” According to Tayebwa, for businesses –…
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The MTN Group has appointed seasoned telecom executive, Mulinge Sylvia as the next Chief Executive Officer for MTN Uganda. When she assumes office, on 1st October 2022, she will be MTN’s first female Chief Executive Officer. But who is she? MTN Group President and CEO, Ralph Mupita, has described the present Safaricom PLC. Sylvia, Chief Consumer Business Officer at Safaricom PLC, is a “seasoned executive” who “brings with her a passion for transforming customers’ lives using technology.” According to her LinkedIn profile, she is an all-around telecom expert who has spent nearly 15 years at Safaricom PLC, a USD15 billion…
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Wave Mobile Money Uganda Limited, one of the latest entrants in the lucrative mobile money market, has laid off 300 staff, CEO East Africa Magazine can exclusively reveal. It is yet to be clear on which departments have been affected and who, but a statement from the company to this reporter confirmed the move, which is said to be aimed at right-sizing the business. “We have come to the hard decision to scale back our teams, narrow and sharpen our focus in Uganda to make sure we are fit for purpose,” read the statement. The company however insisted the move…
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Meera Investments Limited has commenced construction of their long-awaited One-10 Apartments project, promising, nothing but smooth luxury living, at Kampala’s most vibrant location! With Panoramic views of Kampala, One-10 Apartments is perfectly located in the exclusive suburb of Kololo, the most sought-after hill in Kampala. The project, described as one-of-a-kind by its developers, offers a total of 156 luxury apartments spread across 15 floors (includes 2 basement floors for parking) along Prince Charles Drive in Kololo. The 156 apartments are split into configurations of one, two, three and four-bedroom apartments. The two-bedroom apartments come in four different sizes i.e., 123…
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Yustus Aribariho, a Ugandan Banker with Standard Chartered Bank, one of the world’s largest financial institutions, has been appointed its Global Head, Digital Utilities. In his new role, which he assumes effective 1st August 2022, Yustus will oversee the bank’s design and development of digital utility platforms as well as collaborate with the various country digital banking segment and product heads, to strengthen the bank’s digital capabilities as well as the revenue potential therefrom. According to a source who is familiar with the bank, the new role is at the heart of Standard Chartered Bank’s digital-first strategy, which has seen…
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