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…
Centenary Bank has appointed Micheal Bulyerali as the Manager Digital Communication, a fundamental arm in the bank’s marketing and communications division. He brings to his new role a wealth knowledge in corporate communications gained over a period of more than seven years of implementing effective internal communication, media and public relations and digital communications strategies as well as crisis communication. Prior to his appointment, Bulyerali served as a Corporate Communication Specialist at Centenary Bank. Over the years, Bulyerali has acquired knowledge and experience in online marketing, advertising, search engine optimization and google analytics, components that come in handy for his…
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Majid Al Futtaim has committed to only sell cage-free eggs across its Carrefour franchise in the region under a newly signed animal welfare policy. The Company is working toward a 100% cage-free shell egg private label assortment across all markets it operates in by 2030 and all national brands by 2032. Developed in partnership with The Humane League, the first-of-its-kind commitment goes beyond what legislation prescribes and contributes to further improvements in farming conditions in the region. Under the new Farmed Animal Health and Welfare Policy, Majid Al Futtaim will promote alternative and more sustainable housing systems, such as cage-free,…
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Uber has announced the appointment of Imran Manji as the new Head of East Africa. Imran previously worked as co-CEO for TowerTech Africa, a leading manufacturer and supplier of towers in East Africa. Previously, he worked for Bain & Company, a strategy consulting firm. In his role, Imran will be responsible for business strategy and growth across the region which includes Kenya, Uganda and Tanzania. Imran Manji, Head of East Africa, Uber explains with excitement: “I’m honoured to take on this new role, as I have seen and experienced first-hand the transformative impact Uber has had in the region, from increased convenience…
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The first phase of the construction of Ruparelia Group’s Pearl Business Park, is well underway, with structural works on Tower 1, an 18-storied retail and office property, now on the 6th floor. Tower 1 is the first of 10 office towers, to be erected at Plot 1, Yusuf Lule Road, at what will be known as The Pearl Business Park- an 18-acre mixed-use park, with a 5-star hotel, a shopping mall and a modern hospital when it is completed. The development will be Ruparelia Group’s largest. “Work is progressing smoothly, and we are now on the 6th of 18 floors,”…
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In continuation of the annual International Women’s Day (IWD) celebrations, KCB Bank Uganda recently held a virtual women’s month digital webinar under the theme We mean Business aimed at empowering its female staff with life skills, that will help them thrive at work, and in their day to day life. The 2022 IWD was held under the theme “Break The Bias”, purposed to champion a gender-equal world, free of bias, stereotypes, and discrimination with diverse, equitable, and inclusiveness with collaborative efforts to forge women’s equality. Moses Mukisa, a professional Coach and Trainer who facilitated the session called out 5 critical…
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Global imaging and optics giant, Canon has announced that it is fortifying its commitment towards education and empowerment of people by partnering with Ishara Mara to launch an experience center that will not only educate and empower people but also spread awareness about the park’s delicate eco-system. The experience center will incorporate various features like photography lessons, competitions, photo booths, gallery and more. Ishara Mara is an immersive safari experience amongst some of Kenya’s most sought-after locations in the Masai Mara National Reserve. In a statement issued by Canon Central and North Africa, the company said that its partnership with…
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More and more plastic waste is being diverted from landfills and into a circular economy that grows employment and entrepreneurship in African countries. Food and beverage packaging is an important part of modern life, helping to ensure food safety and reduce food waste, yet the world has a packaging problem that requires a comprehensive response. As part of its responsibility to help address this challenge, Coca-Cola Beverages Africa (CCBA), together with The Coca-Cola Company, has set ambitious goals to help collect a bottle or can for every one it produces by 2030, use 50% recycled content in all packaging and…
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Bancassurance contributed UGX103.5 billion to the UGX1.1 trillion Gross Written Premium (GWP) recorded by Uganda’s insurance sector in 2021 with Stanbic Bank accounting for 22 percent to consolidate its position as market leader. Bancassurance is the sale of life assurance and other general insurance products through commercial banking institutions; in 2020, bancassurance sales contributed only UGX32 billion to the UGX1.06 trillion GWP recorded by the country’s insurance sector. Stanbic Bank Uganda’s Bancassurance agency dominated other commercial bank players in a small but steadily growing business unit, with the lender aggregating UGX22.5 billion in GWP, equivalent to 22 percent of the…
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Africa’s global bank, United Bank for Africa (UBA) Plc, and Pan-African Payments Company Cellulant have announced a partnership that will extend payment services for merchants and consumers across 19 key African countries in which UBA operates. These countries include Nigeria, Ghana, Kenya, Côte d’Ivoire, Zambia, Tanzania, Uganda, Republic of Benin, Burkina Faso, Cameroon, Chad, Congo, the Democratic Republic of Congo, Gabon, Guinea, Liberia, Mozambique, Sierra Leone and Senegal. This network represents one of the primary tools in bringing together Africa’s fragmented payments ecosystem, ensuring Cellulant’s Payment Gateway, Tingg, is available to a vast number of merchants and consumers in each…
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In the recently launched Uganda Needs More of You campaign by Airtel Uganda, innovative Techpreneurs with positive societal impacting stories are to be recognized during the three months’ campaign. The campaign launch was inspired by powerful technology-enabled ideas and solutions that Ugandans invented and embraced to change their lives. According to David Birungi, the PR Manager at Airtel Uganda, the effects presented by the global pandemic disrupted the day-to-day way of life of Ugandans and the world in general, which forced many sectors to adapt to new innovative approaches that would guarantee continuity for businesses that were directly or indirectly…
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