Company News

Stanbic Bank launches UGX.60b support to schools ahead of reopening

CEO ReporterCompany NewsNews & AnalysisJanuary 5, 2022January 5, 2022

Stanbic Bank Uganda has earmarked UGX60 billion booster financing to be acquired by the schools to be able to reopen after two years of closure. Under the discounted booster finance,…

Why We Need African Energy Banks

CEO ReporterCompany NewsNews & AnalysisThought LeadershipJanuary 5, 2022January 6, 2022

By NJ Ayuk For more than a year, the African Energy Chamber has been pushing back against steadily building pressure to halt new foreign investments in Africa’s oil and gas…

Q&A: PostBank’s Kakeeto on becoming a Tier 1 bank and scaling the MSMEs and agriculture proposition

Muhereza KyamuteteraBanking & Financial ServicesCompany NewsNews & AnalysisThe Big StoryJanuary 5, 2022January 8, 2022

In this interview with CEO East Africa Magazine’s Muhereza Kyamutetera, Kakeeto says, much as the tier-one is the holy grail that he has been chasing, attaining it, marks the start…

I&M Bank Uganda introduces collateral-free loan product for clients

CEO ReporterCompany NewsNews & AnalysisJanuary 4, 2022January 5, 2022

I&M Bank Uganda has rolled out a campaign dubbed ‘Top Up’ that will allow customers get salary loans of up to UGX 200 million with competitive interest rates and flexible…

Pharmaceutical Company pins Mutoni Construction (U) Ltd for Breach of Terms

CEO ReporterCompany NewsNews & AnalysisJanuary 4, 2022January 4, 2022

A company, setting up a pharmaceutical plant at Matugga on Bombo Road, on the outskirts of Kampala, has pinned a South African contractor of breaching terms and instead resorting to…

Experian Uganda Awarded Best Visionary Credit Management Services Company of the Year

CEO ReporterCompany NewsNews & AnalysisJanuary 4, 2022January 4, 2022

Experian Uganda (previously Compuscan CRB) has received a Visionaries Award from the Government of Uganda for the fourth time. The Visionaries of Uganda Awards recognise top achievers in different sectors…

University Student Wins UGX10 Million in Airtel’s Money after Money Promo as Schools reopen

CEO ReporterCompany NewsNews & AnalysisJanuary 3, 2022January 3, 2022

Kyambogo University student Ssendikadiwa Martin is among the monthly lucky winners who won UGX10 million under the Airtel Money after Money promotion that has been ongoing for two months now….

Absa Bank Uganda offers customers 2-month loan repayment holiday to ease school fees burden

CEO ReporterCompany NewsNews & AnalysisJanuary 3, 2022January 3, 2022

Absa Bank Uganda will offer a two-month repayment holiday on salary loans to customers as schools reopen in January. The offer is available on salary loans with competitive interest rates…

New Year, New Ways of Making Money: Diversify Your Investment Options With Chipper Stocks

Muhereza KyamuteteraCompany NewsNews & AnalysisJanuary 3, 2022January 3, 2022

We have all been told, time and again, that do not put your eggs in one basket but less and less has been said about what do you do when…

Applications now open for 2022 Tony Elumelu Foundation Entrepreneurship Programme

CEO ReporterCompany NewsNews & AnalysisJanuary 1, 2022January 1, 2022

The Tony Elumelu Foundation  (TEF) has opened applications for the 2022 TEF Entrepreneurship Programme. African entrepreneurs with business ideas or existing businesses under 5 years, are encouraged to apply now…