Company News

NMG Uganda Announces Staff Layoff in Digital Transformation Move

CEO ReporterCompany NewsMarch 25, 2021March 25, 2021

The Nation Media Group in Uganda (NMGU) has announced that it will be laying off staff at the end of March as it pursues digital transformation. In a notice, Tony…

Billionaire Sudhir receives COVID-19 vaccine at UMC Victoria hospital

CEO ReporterCompany NewsMarch 25, 2021March 25, 2021

Billionaire businessman Dr. Sudhir Ruparelia has today taken his first jab of the AstraZeneca vaccine joining the growing number of Ugandans who have already taken the jab that reduces their…

MTN Uganda to Connect Brick Making IT Graduate to His Dream

CEO ReporterCompany NewsMarch 25, 2021March 25, 2021

When MTN Uganda launched the MTN for Good campaign in February 2020, the telecom giant intended to awaken the youth to the fact that their dreams are just some actions…

MTN Uganda Supporting Tusingwire to Live his Programmer Dream

CEO ReporterCompany NewsMarch 24, 2021March 24, 2021

Many people go through life guessing what their passion is only to find out much later or resign to fate after a vain soul searching. However, when a team from…

Umeme launches country wide sweep to curb power theft

CEO ReporterCompany NewsMarch 24, 2021March 24, 2021

Power distributor Umeme has launched countrywide operations against suspected electricity thieves. This follows a rise in energy losses from 16.4% in 2019 to 17.5% 2020. The increase is attributed to…

Stanbic Bank pays UGX110 billion in dividends, continues to support clients as the economy recovers

CEO ReporterCompany NewsMarch 24, 2021March 24, 2021

Stanbic Bank Uganda (SBU) has paid out a total of UGX110 billion to its shareholders for financial year 2019, continuing a long track record of returning consistently positive earnings despite…

Umeme braves tough 2020, invests UGX279bn, connects more customers and posts UGX43.1 bn net profit

CEO ReporterCompany NewsThe Big StoryMarch 24, 2021March 24, 2021

Despite a tough 2020, characterised, by among others, a Covid-19-induced slowdown in power consumption as well as the government suspension of the free Electricity Connection Programme (ECP), Umeme has announced…

United Nations Uganda, Equity Bank Uganda Establish new Partnerships to Accelerate attainment of SDGs

CEO ReporterCompany NewsMarch 22, 2021March 22, 2021

The United Nations system in Uganda and Equity Bank Uganda have established new partnerships for acceleration of the attainment of the Sustainable Development Goals (SDGs) in the country. The new…

BUKOTO LIVING: Rajiv and Sheena Ruparelia, cut their first real estate teeth, unveil their very first 27 condos-for-sell project

CEO ReporterCompany NewsThe Big StoryMarch 20, 2021March 21, 2021

For the last six years or so, siblings, Rajiv Ruparelia and Sheenah Ruparelia have spent time under the tutelage of their property mogul and billionaire father, Dr Sudhir Ruparelia. After…

MTN Uganda and NITA-Uganda Launch New App for Tracking COVID-19 Patients Under Home based care

CEO ReporterCompany NewsMarch 20, 2021March 20, 2021

MTN Uganda, in partnership with NITA-Uganda has unveiled a new app that will be used for geo-fencing and tracking COVID-19 patients that are under home based care. The new app…