Company News

CONTINENTAL EXCELLENCE: Centenary Bank listed among African Banker Award nominees for 2022

CEO ReporterCompany NewsNews & AnalysisMay 4, 2022May 4, 2022

Centenary Bank has made it to the highly coveted list of over 60 nominees for this year’s African Banker Awards. The African Banker magazine, (a continental business publication) has announced…

Ian Rumanyika Appointed Head of External & Corporate Affairs at Uganda Baati Limited

CEO ReporterCompany NewsNews & AnalysisMay 4, 2022May 4, 2022

Ian Rumanyika has been appointed as the new Head of External and Corporate Affairs at Uganda Baati Limited. Rumanyika joins Uganda Baati with over 12 years of experience in the…

MTN Uganda Records rapid revenue increase in first quarter of 2022

Nelson NambooleCompany NewsNews & AnalysisMay 4, 2022May 4, 2022

MTN Uganda Limited has in the first quarter of 2022 ended 31 march, recorded a steady progress despite challenging macro environment following a protracted lockdown due to COVID-19. Salient features:…

Former Finance Minister Maria Kiwanuka named board chair of Airtel Mobile Commerce Uganda Limited

CEO ReporterCompany NewsNews & AnalysisMay 4, 2022May 4, 2022

Airtel Mobile Commerce Uganda Limited (AMCUL), the leading mobile financial solutions provider in the country, has today appointed Hon. Maria Kiwanuka as Board Chair. The appointment that was announced by…

Sanlam and Allianz join forces to create a €2 billion African insurance giant

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryMay 4, 2022May 4, 2022

Sanlam, the largest non-banking financial services company in Africa, and Allianz, one of the world’s leading insurers and asset managers with a century of history in Africa, have agreed to…

Housing Finance Bank’s 2021 profits grow by 98% to reach a record UGX41 billion

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryMay 3, 2022May 3, 2022

As most banks in 2021 significantly slowed down and cut bank extension of the much-needed credit, Housing Finance Bank, stuck to its mandate of enabling homeownership and financial independence, growing…

Stanbic Bank Lauded for Supporting Women-led Enterprises

CEO ReporterCompany NewsNews & AnalysisMay 3, 2022May 3, 2022

State Minister for Environment and the Woman Member of Parliament for Manafwa District Goretti Kitutu has lauded Stanbic Bank Uganda for its financial and non-financial services package aimed at supporting…

Airtel Secures Full Mobile Money Operating Permit from Central Bank of Nigeria

Nelson NambooleCompany NewsGlobal NewsNews & AnalysisMay 2, 2022May 3, 2022

The Central Bank of Nigeria (CBN) offered a final approval to Airtel Africa Plc, a subsidiary of Indian telecom giant Bharti Airtel to operate mobile money services in the country….

Customer trust and innovation propels Centenary Group’s Bank to stellar performance

CEO ReporterCompany NewsNews & AnalysisApril 29, 2022April 29, 2022

Centenary Group has congratulated its subsidiary, Centenary Bank, upon posting excellent performance results. Despite a challenging operating environment, the bank leveraged on technology, people and good relationships, to deliver good…

Rowena Turinawe appointed Cente-Tech’s Digital Transformation Expert

Nelson NambooleCompany NewsNews & AnalysisApril 28, 2022April 28, 2022

Centenary Group’s technology services company – Cente-Tech has announced the appointment of Rowena Turinawe as Head – ICT Advisory, Strategy and Research.   Rowena joins Cente-Tech from the National Information Technology…