Company News

Absa Uganda, Prudential Uganda Unveil Affordable Life Insurance Policy for Families

CEO ReporterCompany NewsNews & AnalysisMay 11, 2022May 11, 2022

Absa Bank Uganda and Prudential Uganda have today launched the Absa Family Protection Plan, a life insurance policy, designed to help families plan for the financial needs faced during the…

Nonkululeko Nyembezi named Standard Bank Group Board Chairperson

Nelson NambooleCompany NewsNews & AnalysisWomen In LeadershipMay 11, 2022May 11, 2022

Standard Bank Group has appointed Nonkululeko Nyembezi as the Board Chairperson-designate. She will also double as Chairperson Standard Bank of South Africa. “This is a profound and historic strategic moment…

Prudential Uganda Gets New CEO

CEO ReporterCompany NewsNews & AnalysisMay 9, 2022May 9, 2022

Prudential has appointed Tetteh Ayitevie new Chief Executive Officer (CEO) for Uganda. Tetteh Ayitevie, who has been the Chief Strategy Officer at Prudential Life Insurance Ghana (PLIG), takes over from…

Shakira Shamim Mujuni appointed new Chief Executive Officer of CIC General Insurance Uganda

CEO ReporterCompany NewsNews & AnalysisMay 7, 2022May 7, 2022

Shakira Shamim Mujuni has been appointed the new Chief Executive Officer of CIC General Insurance Uganda. Shakira joins CIC with over 10 years of experience in the insurance industry. She…

Godfrey Muhindo appointed Chief Commercial Officer for MTN Mobile Money Uganda

CEO ReporterCompany NewsNews & AnalysisMay 6, 2022May 6, 2022

Godfrey Muhindo has been appointed Chief Commercial Officer for MTN Mobile Money Uganda Ltd. Reporting to the Managing Director, he will be responsible for Corporate Sales, Mobile Money Distribution, Mono…

GOLDEN HARVEST: Centenary Bank awarded inaugural agriculture finance accolade for 2022

CEO ReporterCompany NewsNews & AnalysisThe Big StoryMay 6, 2022May 6, 2022

The banking sector regulator, Bank of Uganda (BoU) has awarded Centenary Bank with an accolade for the best agricultural finance partner following the bank’s excellent role in promoting farming activities…

MTN Uganda to Support Makerere University Centenary Celebrations

CEO ReporterCompany NewsNews & AnalysisMay 6, 2022May 12, 2022

MTN Uganda has pledged to support Makerere University’s centenary celebrations through a sponsorship worth UGX180million. The sponsorship by MTN will be dedicated towards supporting the events organized by Makerere University…

NBL to promote startups in sustainability programme

CEO ReporterCompany NewsNews & AnalysisMay 6, 2022May 6, 2022

Nile Breweries Limited(NBL) has launched an entrepreneurship promotion program, dubbed 100+ Accelerator Cohort 2022,  to promote startups that have embedded sustainable development strategies in their operations. The program, an initiative…

New jobs, orders increase in April – Stanbic PMI says

CEO ReporterCompany NewsNews & AnalysisMay 6, 2022May 6, 2022

The Stanbic Purchasing Managers’ Index (PMI) rose to 53.9 in April from 51.9 in March on account of further improvement in private sector output and new orders as demand strengthened,…

Doreen Nyiramugisha Crosses from PostBank to Housing Finance Bank as Head of Marketing and Communications

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryWomen In LeadershipMay 6, 2022May 6, 2022

Doreen Nyiramugisha, the outgoing Head of Marketing and Communication at PostBank Uganda Ltd has crossed over to Housing Finance Bank as the new Head of Marketing and Communications, CEO East…