Company News

EXCLUSIVE: Japhet Aritho- a former M-Pesa and Econet Group executive is the new Airtel Money Chief in Uganda

Muhereza KyamuteteraCompany NewsThe Big StoryApril 27, 2022April 27, 2022

Japhet Aritho, previously the Senior Vice President at Airtel Money Group has been appointed as the Airtel Mobile Commerce Uganda Limited Chief Executive Officer, CEO East Africa Magazine can exclusively…

URSB Promotes Youth Innovations on World Intellectual Property Day

CEO ReporterCompany NewsNews & AnalysisApril 27, 2022April 28, 2022

Every year, the National Intellectual Property Office, Uganda Registration Services Bureau (URSB) joins the rest of the world to celebrate the World Intellectual Property day on April 26.  The global…

PUTTING WOMEN’S FINANCIAL INCLUSION FIRST: Finance Trust Bank’s 2021 net profit grows 57 per cent

Muhereza KyamuteteraCompany NewsThe Big StoryWomen In LeadershipApril 27, 2022April 28, 2022

Finance Trust Bank, has today released its 2021 financial performance results, reporting yet another year of strong growth. According to the results, the bank, despite a challenging 2021, registered double-digit…

Stanbic Bank Uganda welcomes ‘AAA’ Fitch rating

CEO ReporterCompany NewsNews & AnalysisApril 26, 2022April 26, 2022

Fitch, the international credit rating agency has affirmed Stanbic Bank Uganda Limited’s (SBU) Long-Term Issuer Default Rating (IDR) at ‘B+’ while it also maintains its ‘AAA’ rating in Uganda. According…

Ecobank Group records $125M increment in 2022 first quarter unaudited earnings

Nelson NambooleCompany NewsNews & AnalysisApril 26, 2022April 26, 2022

Ecobank Group has announced unaudited first quarter of 2022 profit before tax increase of 25% to $125 million.  Ade Ayeyemi, Group CEO said “We delivered strong 1Q 2022 results with…

Standard Chartered Bank, Uganda Taps Coca-Cola’s Margaret Kigozi Namulindwa for Head Corporate Affairs, Brand and Marketing position

CEO ReporterCompany NewsNews & AnalysisApril 26, 2022April 26, 2022

Margaret Kigozi Namulindwa has been appointed as the Head of Corporate Affairs, Brand and Marketing, Standard Chartered Bank Uganda.   Margaret joins Standard Chartered Bank from Coca-Cola South & East African Business…

After 15 years at NBL, Patricia Kadama joins Wave Mobile Money as Regional People Lead for East Africa

Nelson NambooleCompany NewsNews & AnalysisApril 22, 2022November 13, 2022

Patricia Kadama Anguzu has been appointed Regional People Lead (East African Hub) at Wave mobile Money with effect from April 26, 2022. Wave mobile Money is a financial institution on…

Cellulant Named Best Digital Payment Solutions Provider in Africa at World Business Outlook Awards 2022

CEO ReporterCompany NewsNews & AnalysisApril 21, 2022April 21, 2022

Leading Pan-African Payments Company Cellulant and it’s all-in-one Payments gateway Tingg have won 4 awards in the just-concluded World Business Outlook Awards. The awards were in the categories of: Leading…

LUXURY ON THE NILE: Frequent traveler, Isaiah Rwanyekiro on why Lemala Wildwaters Lodge is his all-time luxury lodge in Africa

Isaiah Jobs RwanyekiroCompany NewsLifestyleNews & AnalysisThe Big StoryThe Executive TravelerApril 21, 2022April 21, 2022

Today, allow me to tell you why I believe Lemala Wildwaters Lodge is my all time favorite lodge in Africa and the recent contest in which it became the second…

RESILIENCE! Uganda Clays Ltd beats COVID-19 odds, increases 2021 revenue by 24%

Nelson NambooleCompany NewsNews & AnalysisApril 15, 2022April 26, 2022

The Directors of Uganda Clays Ltd have announced the condensed financial statements for the year ended 31 December 2021 indicating a steep growth of revenue despite Covid-19 challenges. In an…