Company News

Manufacturers applaud UNRA on Kampala – Jinja Road Works

CEO ReporterCompany NewsNews & AnalysisJuly 31, 2021July 31, 2021

Manufacturers, led by Coca-Cola Beverages Africa in Uganda (Century and Rwenzori Bottling Companies), have applauded the Uganda National Roads Authority (UNRA) on commencing the long-awaited maintenance works on the Kampala–Jinja…

Kampala International School Uganda registers 100% pass rate in 2021 IB Diploma exams

CEO ReporterCompany NewsNews & AnalysisJuly 30, 2021July 30, 2021

All the students who sat their International Baccalaureate exams for 2021 at Kampala International School Uganda (KISU), passed their exams- a phenomenal, 100% pass rate for the prestigious Bilingual Diploma….

High Court again dismisses bid by businessman and former owner of Simbamanyo House to overturn bank foreclosure of his properties

Muhereza KyamuteteraCompany NewsLegal & JusticeNews & AnalysisJuly 30, 2021July 30, 2021

High Court Judge, Hon. Lady Justice Susan Abinyo has today, dismissed an appeal by businessman, Peter Kamya and his Simbamanyo Estates to overturn the foreclosure of his properties by Equity…

Absa boosts supply of medical oxygen to regional referral hospitals with UGX230 million donation

CEO ReporterCompany NewsNews & AnalysisJuly 30, 2021July 30, 2021

Absa Bank Uganda has today announced a donation to the tune of UGX230 million to provide 6,528,000 litres of medical oxygen to four regional referral hospitals. The donation will boost…

Eskom Uganda Invests UGX 888 Million To Renovate Nalubaale Powerhouse Staircases

CEO ReporterCompany NewsNews & AnalysisJuly 30, 2021July 30, 2021

Eskom Uganda has invested UGX 888 million to refurbish Nalubaale Plant powerhouse staircases. The refurbishment of the Units 1,5 and 9 staircases was undertaken by Babcon Ltd, a Ugandan Company…

Orange appoints three CEOs for subsidiaries in Africa and the Middle East

CEO ReporterCompany NewsNews & AnalysisJuly 28, 2021July 29, 2021

In agreement with its local partners and during the Board of directors meetings of its subsidiaries, Orange has appointed the following CEOs for three of its subsidiaries in Africa and…

I&M Holdings taps Suleiman I. Kiggundu Jr; Bhartesh Shah and Allan Christopher Michael Low for board positions at Orient Bank, its latest acquisition in Uganda

Muhereza KyamuteteraBanking & Financial ServicesBusiness & MarketsCompany NewsNews & AnalysisThe Big StoryJuly 28, 2021July 28, 2021

Orient Bank Limited, has announced the appointment of three members to its Board of Directors. The new members joining are Mr. Suleiman I. Kiggundu, Jr who now becomes an Independent…

Going Digital: Safest Way to Transact in the Face of Sustained COVID Threat

CEO ReporterCompany NewsThought LeadershipJuly 28, 2021July 28, 2021

By Michael SSekyondwa, Head of Retail, KCB Uganda As the second and more deadly wave of the COVID-19 pandemic continues to grip Uganda and many other African countries, putting everyone’s…

Constant Othieno Mayende elected new ICPAU President, Josephine Ossiya Vice President

CEO ReporterCompany NewsNews & AnalysisJuly 27, 2021July 27, 2021

CPA Constant Othieno Mayende is the new Institute of Certified Public Accountants of Uganda (ICPAU) president. Mayende was elected during the Council of the ICPAU’s 26th Annual general meeting together with…

Movit Gives UGX70m Support to Kampala markets in fight against Covid-19

CEO ReporterCompany NewsJuly 24, 2021July 24, 2021

Movit Products Limited, has through its Skin Guard and Baby Junior brands, has donated personal care and sanitary items to Kibuye and Nakasero markets and vendors. The donation, which is…