Company News

Uganda Securities Exchange admits Chipper Technologies Uganda as new stockbroker

Nelson NambooleCompany NewsNews & AnalysisAugust 30, 2022August 30, 2022

Uganda Securities Exchange (USE) Uganda’s principal stock Exchange, has on Monday announced the admission of Chipper Technologies Uganda Limited as a new Trading Participant/stockbroker on its market and as a…

Airtel Uganda, Microsoft Cloud partner to enhance customers’ security of business data and information

Nelson NambooleCompany NewsNews & AnalysisAugust 24, 2022August 24, 2022

In partnership with Airtel Uganda, Microsoft and MC3 Cloud will provide Microsoft Office 365 services to enable business customers to access Microsoft Cloud Services that help to improve business operations…

Half Year Financial Results: Umeme records 9% demand increment, sales jump to UGX. 876b

Nelson NambooleCompany NewsNews & AnalysisAugust 22, 2022August 22, 2022

Umeme Limited has released its unaudited interim condensed financial results for the six months’ period ended June 2022. In the financial statement signed by the company Chairman and MD, Patrick…

RESILIENCE: Stanbic records UGX. 162b half year net profit

Nelson NambooleCompany NewsNews & AnalysisAugust 22, 2022August 24, 2022

In spite of an unpredictable operating environment characterized by global price instability and a tightening of monetary policy by Bank of Uganda to curb imported inflationary pressures, Stanbic Uganda Holdings…

Local Crypto to Fiat currency exchange moves to spread blockchain technology in Uganda

Nelson NambooleCompany NewsNews & AnalysisAugust 12, 2022August 12, 2022

Binusu, a Local Crypto currency exchange, and pioneer of fiat to crypto exchange in Uganda has unveiled new features to provide users in Uganda with top-notch services in Fiat to…

FINCA Uganda, NFA begin restoration of 60 hectare forest cover

CEO ReporterCompany NewsNews & AnalysisAugust 11, 2022August 11, 2022

FINCA Uganda in partnership with National Forestry Authority (NFA) have embarked on a forest restoration initiative worth UX 100,000,000 restoring sixty (60) hectares (ha) of forest land. This corporate social…

Uganda Baati taps Airtel Uganda’s Mukula Milton George to head trade marketing

Muhereza KyamuteteraCompany NewsAugust 11, 2022August 11, 2022

Mukula Milton George has been appointed Trade Marketing Manager for Uganda Baati Limited, a member of the SAFAL Group effective 04th August 2022. He will be in charge of developing and executing a robust Trade…

Unilever Uganda launches Improved OMO with unbeatable Stain Removal formula

CEO ReporterCompany NewsNews & AnalysisAugust 10, 2022August 10, 2022

Unilever Uganda this morning launched the new and improved OMO laundry detergent at their offices in Kampala.  The new OMO comes with an improved formulation and unbeatable stain removal including…

MOGAS Uganda appoints Mercy Nasejje new Managing Director, to replace Ronald Rugadya, who moves to head MOGAS Tanzania

CEO ReporterCompany NewsNews & AnalysisAugust 10, 2022August 10, 2022

MOGAS Uganda Limited (MUL) has appointed Mercy Nasejje, previously the company’s Safety and Standards Manager as its new Managing Director. The appointment, according to an internal notice, by the MOGAS…

EFC Uganda Ltd (MDI) Takes Gold at Consumer Choice Awards 2022

CEO ReporterCompany NewsNews & AnalysisAugust 9, 2022August 9, 2022

EFC Uganda, one of the fastest growing microfinance institutions in Uganda  recently took Gold under the category of “Best Microfinance Institution” in Uganda. This was at the 4th edition of…