Company News

Global manufacturer of medical diagnostic products Guangzhou Wondfo Biotech gets license to set up in Uganda

CEO ReporterCompany NewsNews & AnalysisAugust 17, 2021August 17, 2021

Uganda Investment Authority has given an investment license to Guangzhou Wondfo Biotech Co. Ltd., a world leader in point of care diagnostic testing. The company, one of the world’s biggest…

PSFU, Mukwano partner to create 50,000 jobs across the agricultural value chain

CEO ReporterCompany NewsNews & AnalysisAugust 17, 2021August 18, 2021

Private Sector Foundation Uganda (PSFU), through its Lead Firm Structure Project supported by the Mastercard Foundation, has partnered with Mukwano Industries Limited, a leading conglomerate in East and Central Africa…

One-on-one with Donald Twesiga – Airtel Uganda’s new IT Director

CEO ReporterCompany NewsNews & AnalysisThought LeadershipAugust 17, 2021August 23, 2021

Congratulations on your new role. First, tell us about yourself- who is Donald? I am Donald Twesiga. My friends call me Don, DT, Mr T and Don T while my…

Absa Group Reports Increased Earnings on Broad-based Recovery; Resumes Dividend Payments

CEO ReporterCompany NewsNews & AnalysisAugust 16, 2021August 16, 2021

Absa Group Ltd., one of Africa’s largest financial services providers, reported an increase in interim earnings and resumed dividend payments as the economic effects of the pandemic eased in the…

BLACK SHINES BRIGHTEST: Guinness Launches Pan African Campaign in Uganda

CEO ReporterCompany NewsNews & AnalysisAugust 14, 2021August 14, 2021

Following organic sales growth of the Guinness trademark of 32% across the African continent for the year ending June 30, 2021, Guinness has launched a new campaign in Uganda and…

BAT Uganda posts modest half year profit, decries sustained increase in illicit trade of tax-evaded cigarettes

CEO ReporterBanking & Financial ServicesCompany NewsNews & AnalysisAugust 13, 2021August 13, 2021

British American Tobacco Uganda (BATU) Limited has said the first half of the year was characterised by a challenging operating environment occasioned by the Covid-19 pandemic as well illicit trade…

Umeme consumes 90,000 electricity poles annually

CEO ReporterCompany NewsNews & AnalysisAugust 12, 2021August 12, 2021

Utility firm Umeme has revealed that it consumes about 90,000 electricity poles from local suppliers every year. “In line with Government of Uganda’s Strategy to support local content under the…

Ken Agutamba leaves Palladium Group to manage reputation and communications at Stanbic Bank

CEO ReporterCompany NewsNews & AnalysisAugust 11, 2021August 12, 2021

Stanbic Bank Uganda has appointed, Ken Agutamba as its Manager, Reputation and Communications. In that role, he will be responsible for executing the bank’s corporate communications strategy and sponsorships, as…

Umeme sources poles from local Ugandan certified pole treatment plants, power utility refutes reports of importing poles

CEO ReporterCompany NewsNews & AnalysisAugust 11, 2021August 11, 2021

Power utility company Umeme has released a statement refuting media reports that it imported poles from South Africa. “Our attention has been drawn to a story aired on NTVU on…

Startup Uganda’s Q3 Investor Day: Winning investor to receive investment worth US$100,000

CEO ReporterCompany NewsNews & AnalysisAugust 11, 2021August 12, 2021

Startup Uganda is set to hold Quarter 3 Investor Day, which will see the winner standing a chance to receive investment worth US$ 100,000. The event will be held virtually…