Company News- Page 213

Company News
Ms. Lilly Ajarova, Chief Executive Officer, UTB (right; foreground) and Mr. Cornwell Muleya, Uganda Airlines Chief Executive Officer of Uganda Airlines (left; foreground) exchange cooperation agreements on February 4th 2020.

Uganda Tourism Board and Uganda Airlines sign landmark Brand Destination Uganda Promotion partnership

Uganda Tourism Board (UTB) and Uganda Airlines have today, February 5th 2020 signed a memorandum of understanding to combine their efforts to promote the tourism potential of Brand Destination Uganda. The two
February 4, 2020
Kampala International School Uganda (above) is one of the schools under the Ruparelia Foundation

COVID-19 Special: KISU announces 50% Discount on fees

Learning is a need that even COVID-19 cannot take away; Kampala International School Uganda (KISU) has announced a 50% discount on fees for Ugandan and resident parents who wish to enroll their
August 26, 2020
Dr Elly Karuhanga. He is also the Founder President and Chairman, Governing Council, Uganda, Centre for Arbitration and Alternative Dispute Resolution (CADER) formed in 1998.

Elly Karuhanga re-elected dfcu Limited Chairman

Prominent City lawyer and business man Elly Karuhanga, has been re-elected as dfcu Limited Chairman, the holding company of dfcu Bank, the 5th largest bank by assets. Karuhanga’s re-election was announced during
August 26, 2020
Mr Elikana Ecima won 5 million from the MoMoNyabo Together Promotion which he shared with his wife

Arua Head teacher hits jackpot with MTN MoMoNyabo promo

Head teachers and teachers in Uganda are seeking alternative income sources following the effects of the COVID-19 pandemic, having been out of work since schools were closed. MTN Uganda, through its mobile
August 25, 2020
Jonathan Wamara -Head, Universal Trade Stanbic Bank Uganda. He says when a client joins the Trade Club, a Community Manager is assigned to them to assist with any needs the client may have regarding the Club

Stanbic Bank Trade Club Connects Ugandan businesses to global markets in 190 countries

Stanbic Bank Uganda has unveiled the Trade Club (https://www.tradeclub.stanbicbank.com/club/hub), a new solution that allows business people in Uganda grow their enterprises by getting access to contacts, market information and a platform to
August 25, 2020
Nevin Bradford, CEO of CiplaQCIL. He says regardless of the negative impact of Covid-19 towards businesses in the country, the company was focused on driving shareholder value through increased revenues and profitability

CIPLAQCIL acquires Quality Chemicals Limited’s Human Health Care business in UGX4.6 billion deal

Leading Pharmaceutical manufacturer CIPLAQCIL has announced the acquisition of assets of Quality Chemical’s Limited’s Human health care business portfolio in a deal worth US$ 1.27 million (UGX4.6 billion). In a statement to
August 24, 2020
Ralph Mupita, the new MTN Group president and CEO. He has served as the Group CFO since April 2017. Courtesy photo

Ralph Mupita appointed new MTN Group president and CEO

MTN Group has appointed the current group CFO of MTN Group, Ralph Mupita, as the new group president and CEO with effect from 1 September 2020. Mupita has served as the MTN
August 19, 2020
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