Company News

JESA’s Capacity Expansion Nears Completion With Promise of Increased Quantity to Meet Market Demand

CEO ReporterCompany NewsNews & AnalysisApril 9, 2022April 9, 2022

As the planned expansion of JESA Farm Dairy nears completion, the company has assured the market that it is doing everything possible to limit the disruption on production which according…

Business community welcomes Stanbic Bank New School Insurance Cover scheme

CEO ReporterCompany NewsNews & AnalysisApril 8, 2022April 8, 2022

The business community in Kampala has welcomed a new product innovation by Stanbic Bank Uganda which allows schools to get full insurance cover against calamities such as fire and other…

Damali Ssali new Chief Programmes officer, PSFU

CEO ReporterCompany NewsNews & AnalysisApril 7, 2022April 7, 2022

Damali Ssali has been appointed the new Chief Programmes Officer at Private Sector Foundation Uganda (PSFU). She will be reporting to the Chief Executive Officer. Ssali is in charge of…

dfcu makes new senior appointments

CEO ReporterCompany NewsNews & AnalysisApril 7, 2022April 7, 2022

dfcu Limited, the company, and dfcu Bank have made appointments for three major positions. Dr. Winifred Mary Tarinyeba Kiryabwire has been appointed as the new Chairperson of dfcu Bank Limited,…

Jubilee Allianz Uganda taps OESAI’s Director as their new CEO

Nelson NambooleCompany NewsNews & AnalysisApril 6, 2022April 6, 2022

Allianz Africa has announced the new leadership for its operational entity in Uganda, Jubilee Allianz General Insurance Company Limited. Paul Kavuma will head the entity as the CEO effective April…

MTN Taps JPMorgan to Separate Fintech Unit

CEO ReporterCompany NewsNews & AnalysisApril 6, 2022April 6, 2022

MTN Group Ltd., Africa’s largest phone company, is working with advisers at JPMorgan Chase & Co. on the planned separation of its financial technology business, people with knowledge of the matter said.  The carrier said last…

Andela Launches New Platform to Power the Future of Customized Work

CEO ReporterCompany NewsNews & AnalysisApril 1, 2022April 1, 2022

Andela, the global marketplace for remote technical talent, has announced the launch of its new platform, designed to create a more direct, personalized, and successful hiring experience for both talent…

Kenya’s Tushop Raises $3M to Scale Community Group-Buying

CEO ReporterCompany NewsNews & AnalysisApril 1, 2022April 1, 2022

Tushop, a Kenyan social-commerce platform that enables communities in Nairobi to buy groceries more cheaply with free delivery, has secured $3M in a pre-seed funding round. The funding was led…

Sokowatch secures $125M Series B Round, launches in West Africa, rebrands to Wasoko

CEO ReporterCompany NewsNews & AnalysisMarch 31, 2022March 31, 2022

Sokowatch the African e-commerce company leveraging innovative technology to transform the informal retail supply chain, recently announced the close of a $125 million Series B equity round, the largest venture…

Stanbic Bank partners with LéO Africa Institute on Youth skilling

CEO ReporterCompany NewsNews & AnalysisMarch 31, 2022March 31, 2022

Stanbic Bank has donated UGX 70million to the LéO Africa Institute towards supporting its Young Emerging Leaders Project (YELP), which fosters leadership skills by emphasizing empathy, clarity, knowledge volunteerism, and…