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…
Mark Muyobo, previously the Acting Managing Director & Chief Executive Officer of NCBA Bank Uganda has been confirmed as the substantive head of the bank, CEO East Africa Magazine can exclusively reveal. He has been in an acting capacity since December 2021 when Anthony Ndegwa was recalled to the NCBA Group head office in Nairobi, Kenya. His full announcement is pending approval by the Central Bank. According to a highly placed, his confirmation follows the bank’s impressive performance in the first, half of 2022 that among others saw the bank return to profitability at end of May 2022. The Bank…
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Households, Educational institutions and Commercial enterprises are set to benefit from a new clean energy financing product from Equity Bank Uganda that will enable them acquire clean energy technologies for lighting, cooking, and practicing climate smart agriculture. The affordable financing facility – Equi Green loan with support from the Uganda Energy Credit Capitalization Company (UECCC), was launched on Wednesday in Kiboga district with the goal of enabling poor and middle-income households to access clean energy for lighting, cooking and practicing climate smart agriculture. Equity customers can buy improved cook stoves, solar lighting systems, biomass systems, irrigation systems and water storage…
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Dorothy Kabagambe Ssemanda has been promoted to CEO for ATC Uganda, effective July 1, 2022, replacing Michael Magambo. She has been the Chief Finance Officer, the first Ugandan to hold the position.ATC Uganda is a subsidiary of American Tower Corporation and the largest telecommunication infrastructure provider in Uganda Dorothy is a Fellow of Association of Chartered Certified Accountants FCCA, holds a Master of Business Administration from Edinburgh Business School, Herriot Watt University in Scotland UK and a Bachelor of Commerce Degree from Makerere Business School. Dorothy started her career as an audit associate with Ernst and Young and later joined…
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Annette Nakiyaga’s name has been synonymous with outstanding marketing executions at Uganda Breweries Ltd, but she has now moved on to a totally different industry – banking. On her LinkedIn page yesterday, Nakiyaga announced that she had taken on the role of Head of Marketing and Corporate Communications at I&M Bank Uganda. It will not be the first time a Ugandan bank fills a top marketing position with a person from the alcoholic beverages industry as Stanbic Bank hired Nile Breweries’ Daniel Ogong into its’ Head of Marketing role a couple of years ago and he has made the bank…
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Aupa Monyatsi has been confirmed as new Chief Executive Officer for Letshego Group. He has held the same role in an interim capacity from 4 May 2022 Before that, he was Group Chief Operations Officer from 2020. Prior to joining Letshego, Monyatsi had been with Barclays Bank of Botswana, first as Chief Operating Officer from 2009 to 2012, then as Interim Managing Director from 2012 to 2020. Before that, he was Managing Executive: Virtual Channels at Absa Group. Aupa holds a Bachelor of Accountancy (Accounting) from the University of Botswana and is ACCA certified by the Accountancy College
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City tycoon Dr. Sudhir Ruparelia has commended President Yoweri Museveni for signing the Landlord and Tenant Bill into law, saying that the law protects both tenants and landlords. “The tenants will now know their rights. It will reduce the court cases between the two parties,” he said. Dr. Sudhir Ruparelia’s Meera Investments Limited is Uganda’s largest property developer with over 300 commercial, retail, industrial and residential properties, largely in Kampala. On Wednesday, Speaker of Parliament Anita Among confirmed that the President had assented to the Landlord and Tenants Bill 2021 after a meeting at State House in Entebbe. “Fellow Countrymen…
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Determined to boost digital inclusion in the country, MTN Uganda has launched Kabode Supa smartphone under its “pay Mpola Mpola” device financing scheme, that allows customers to pay for their smartphone in instalments. With an initial deposit of only UGX 99,000, a customer can walk away with the Kabode Supa smartphone and make monthly, weekly or daily installments as low as UGX 833 for 6 months to own the device. In addition, the Kabode Supa comes with 2GB free MTN data every month for the next seven months upon purchase. All data bundle purchases made in the first 3 months…
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Stanbic Bank Uganda’s ‘Now-Now loans’ and FlexiPay, have won the lender international recognition for ‘Best Innovation in Retail Banking.’ The award by the London based International Banker Magazine, is open to banks worldwide and recognise top-ranking individuals and organisations setting new benchmarks for performance and pushing the boundaries within the financial industry. In winning the ‘Best Innovation in Retail Banking Award’ Stanbic Bank reaped from its recent mobile and digital banking innovations that enabled its prequalified customers to access unsecured personal loans within five minutes using a USSD code on their phones. The innovation proved timely during the lengthy lockdowns…
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Centenary Technology Services and The Innovation Village have signed a Memorandum of Understanding (MoU) geared towards developing the Information Communication Technology (ICT) based innovation ecosystem to facilitate the usage of technology and development of the software applications in Uganda. This strategic partnership is aligned towards enhancing the adoption of technology and facilitate the growth of an open innovation ecosystem and digital marketplace where innovators, corporate organizations and entrepreneurs have countless opportunities to thrive, innovate digital products and reach new markets locally and beyond. Commonly referred to as Cente Tech, Centenary Technology Services is the technology company of Centenary Group. With…
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Deloitte East Africa also announced its first female CEO, Anne MurayaAnne assumed her position as CEO on 1 June 2022.Anne is the first female CEO for Deloitte East Africa, and will oversee Deloitte’s offices in Kenya, Tanzania, and Uganda, and other East Africa locations the firm serves, including but not limited to Rwanda, Burundi, Ethiopia, South Sudan and Somalia.Prior to her role, Anne was also the first female East Africa Audit Leader and Managing Director for Responsible Business and Public Policy for Africa.Anne started her career as an auditor at Deloitte in 1994, after completing her B.Ed in Science (Mathematics and Chemistry) at Kenyatta…
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