Company News

Adam Ikdal starts new role as Chief Strategy Officer at Standard Bank group

CEO ReporterCompany NewsNews & AnalysisFebruary 14, 2022February 14, 2022

Adam Ikdal has on Monday, February 14 begun his new journey as the Chief Strategy Officer of the Standard Bank Group (SBG). His new responsibilities include strategy development and ensuring…

Vandals siphon UGX26 billion from electricity sector, disrupt economic activity

CEO ReporterCompany NewsNews & AnalysisFebruary 14, 2022February 14, 2022

Vandalism of electricity infrastructure in Western Uganda has hit alarming levels with vandals stealing over 133 km of cable in just 12 months and causing unprecedented disruption of electricity supply….

Ugandan made Qwezi Beauty Products Hit Global Market

CEO ReporterCompany NewsNews & AnalysisFebruary 14, 2022February 14, 2022

As the world becomes more connected and global it is offering more opportunities to those who are swift enough to take up the opportunities there are. TMS Ruge is one…

CFAO Motors, NCBA Bank Uganda Partner to Finance Vehicle Purchase

CEO ReporterCompany NewsNews & AnalysisFebruary 14, 2022December 17, 2022

CFAO Motors Uganda, formerly Toyota Uganda, has signed a memorandum of understanding with NCBA Bank to provide vehicle asset financing to individuals, companies, and existing customers of CFAO Motors with…

Prudential Uganda and partners set to launch The Prudential Best HR Practices Survey Report

CEO ReporterCompany NewsNews & AnalysisFebruary 11, 2022February 11, 2022

Prudential Uganda and partners are set to launch the Prudential Best HR Practices Survey report and recognise organisations with outstanding HR practices. This follows a three-month survey conducted by PwC…

VIDEO: A victorious Dr. Sudhir hits at BoU: You stole my Bank, but your incompetent and corrupt legal department and expensive-for-nothing external lawyers couldn’t save you

Muhereza KyamuteteraCompany NewsLegal & JusticeNews & AnalysisThe Big StoryFebruary 11, 2022February 11, 2022

Minutes after legally slaying Bank of Uganda, for the nth time, but this time for good, Dr. Sudhir Ruparelia, has hit at certain officials of the central bank for stealing…

Stanbic Properties Limited unveils inaugural real estate market report showing 89% occupancy rate

CEO ReporterBusiness & MarketsCompany NewsNews & AnalysisFebruary 11, 2022February 11, 2022

A new real estate sector report compiled by Stanbic Properties Uganda Limited (SPL), a subsidiary of Stanbic Uganda Holdings Limited, indicates that average occupancy from surveyed buildings was recorded at…

SEACOM acquires Africell Uganda Assets to Continue Expanding its East African Footprint

CEO ReporterCompany NewsNews & AnalysisThe Big StoryFebruary 10, 2022February 10, 2022

SEACOM, the pan-African telecommunications service provider, today announced it will acquire selected infrastructure assets from Africell in Uganda. The acquisition marks a significant step for SEACOM and is a testament…

WPP Scangroup appoints Patricia Ithau new CEO/Executive Director

CEO ReporterCompany NewsNews & AnalysisFebruary 10, 2022February 10, 2022

The Board of Directors of WPP Scangroup Plc has appointed Patricia Ithau as Chief Executive Officer and Executive Director. Announcing the development, Richard Omwela, Chairman WPP Scangroup Plc said that…

Coca-Cola Beverages Africa in Uganda Appoints Deborah Komugisha Kakande  Human Resources Manager; Mary Nassali Strategy & Performance Director for Central Africa Region

CEO ReporterCompany NewsNews & AnalysisWomen In LeadershipFebruary 9, 2022February 9, 2022

Coca-Cola Beverages Africa in Uganda has appointed Deborah “Debbie” Komugisha Kakande as Human Resources Manager while Mary Nassali is Strategy & Performance Director for Central Africa Region (Uganda, Tanzania and…