Company News

PwC eats big in MTN Uganda, Stanbic Bank auditing deals

Nelson NambooleCompany NewsNews & AnalysisJune 7, 2022June 7, 2022

MTN Uganda Limited has announced the re-appointment of PricewaterhouseCoopers (PwC) Certified Public Accountants as the external auditor of the Company for the audit relating to the financial year ending 31…

Johnnie Walker and Tanqueray add Premium Flavor to Queen’s Platinum Jubilee Celebration

CEO ReporterCompany NewsNews & AnalysisJune 3, 2022June 3, 2022

On 6 February, 2022, Her Royal Majesty Queen Elizabeth became the first British Monarch to mark 70 years on the throne in service to the people of the United Kingdom,…

Standard Bank voted African Bank of the Year for 2022

CEO ReporterCompany NewsNews & AnalysisMay 31, 2022May 31, 2022

On May 26, Standard Bank claimed the prestigious title of ‘African Bank of the Year’ at the esteemed 2022 African Banker Awards held in Accra, Ghana. The title is a…

#COMPANYOFTHEWEEK: Service Cops

CEO ReporterCompany NewsNews & AnalysisMay 27, 2022May 27, 2022

Company of the week recognition goes to Uganda’s leading Financial Technology and Business Processes Outsourcing (BPO) firm – Service Cops, that recently partnered with Awash Bank, extending the iconic School…

Afriland First Bank closes before it starts

CEO East Africa MagazineCompany NewsNews & AnalysisMay 26, 2022May 26, 2022

Bank of Uganda (BoU) has officially approved Afriland First bank Uganda Limited’s request for voluntary closure. The central bank and banking sector regulator in exercise of it’s powers under section…

Insurance and pensions guru, Kwame Ejalu is new Board Chairman of Uganda Electricity Transmission Company Limited

Muhereza KyamuteteraCompany NewsThe Big StoryMay 26, 2022June 7, 2023

The Ministries of Finance, Planning and Economic Development MOFPED) and Energy and Minerals Development (MEMD), have appointed Mr. Kwame Ejalu Ejuku, a renowned insurance and pensions expert as the new…

Service Cops partners with Awash Bank to extend iconic School Suite System, other banking solutions in Ethiopia

CEO ReporterCompany NewsNews & AnalysisMay 26, 2022December 20, 2022

Service Cops, one of Uganda’s leading Financial Technology and Business Processes Outsourcing (BPO) firms has entered into a partnership with Awash Bank, to support the bank’s digital strategy.The partnership, with…

KCB Group appoints HR specialist Paul Russo new CEO

CEO East Africa MagazineCompany NewsNews & AnalysisMay 24, 2022May 24, 2022

Kenyan banking giant KCB Group, has appointed Paul Russo as its new chief executive officer. Russo will succeed Joshua Oigara, who has served as the bank’s topmost leader since 2013….

Patrick Bitature Speaks Out, Reassures Stakeholders: “Legal and commercial issues have arisen in our financing, but will be firmly resolved.”

The CEO Magazine TeamCompany NewsNews & AnalysisThe Big StoryMay 23, 2022May 23, 2022

Businessman, Patrick Bitature, the CEO and Founder of the Simba Group of Companies, has spoken out about the ongoing commercial dispute between some of the Group Companies and a South…

Mak@100: Stanbic Bank contributes UGX150m towards Centennial Celebrations

CEO ReporterCompany NewsNews & AnalysisMay 18, 2022May 18, 2022

Stanbic Bank has today made a contribution of UGX150m to Makerere University as the institution marks 100 years of service to humanity. The UGX 150m cash donation is expected to…