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TodayTuesday, April 28, 2026

Company News- Page 214

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
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Standard Chartered Bank is the best performing Primary Dealer Market Maker (PDMM) in Uganda Government securities during the period October 2020 to September 2021. Courtesy photo

Standard Chartered Bank Sweeps Africa digital banking awards

Standard Chartered Bank has scooped major awards in Round One of the 2020 World’s Best Consumer Digital Banks Awards in Africa by Global Finance. Round One winners include Best Consumer Digital Banks,
August 14, 2020
Raghunath Mandava, CEO, Airtel Africa (Left) and Sunil Kaushal, Standard Chartered Regional CEO, Africa, and Middle East. By partnering, Stanchat will be expanding its network into markets where mobile wallets are prevalent while Airtel Money’s customers will be able to make real-time online deposits and withdrawals.

Standard Chartered Bank and Airtel partner to drive financial inclusion across African markets

Standard Chartered Bank and Airtel Africa have today announced a partnership aimed at promoting financial inclusion across African key markets by providing customers with increased access to mobile financial services. The collaboration
August 13, 2020
Ministry of Agriculture, animal industry and Fisheries Permanent Secretary Pius Wakabi Kasajja and Stephen Byantwale, Commissioner-for-Crop-Protection show the first consignment of the 50,000 litres of pesticide for Desert Locust Control from Bayer Crop Science to the media at the Airport. Courtesy photo

Desert locusts fight: Uganda’s efforts get boosted with 50,000 litres of pesticide from Bayer

Bayer has boosted Uganda’s efforts in fighting the desert locusts by offering a contribution of 50,000 litres of Aerial Spray Pesticide (Deltamethrin 12.5 Ultra Low Volume) for reinforcement of Desert Locust Control.
August 12, 2020
Hope Ekudu, dfcu Bank's new Chief Operating Officer. joins dfcu from Housing Finance Bank (HFB) where she has led several roles.

Who is Hope Ekudu, dfcu Bank’s new Chief Operating Officer

Hope Ekudu has been appointed as Chief Operating Officer at Uganda’s 5th largest bank by assets (UGX2.9 trillion) dfcu Bank. A certified Retail Banker, ITIL certified (foundation level), Ekudu who wields over
August 12, 2020
A winner after receiving his cash prize via mobile money. Paper money was strongly opposed as it was one of the means of spreading Coronavirus.

Airport Taxi Driver to Invest MTN MoMoNyabo Together cash in Fish business

34-year old Ismail Ayebale, an airport taxi driver walked away with UGX4,200,000 in the ongoing MTN MoMoNyabo Together promotion. The airport cab driver, who has been out of business since the closure
August 11, 2020
Nathan Nandala Mafabi. He argues that by denying him a license, ICPAU has effectively declared him a sham accountant in a profession he has practised for more than 20 years. Courtesy photo

Nandala Mafabi Sues ICPAU in Battle to Regain Accounting Practice License

Budadiri West MP James Nathan Nandala Mafabi has sued the Institute of Certified Accountants of Uganda (ICPAU) for denying him and his company, MTC Associates, a license to practice this year. In
August 10, 2020
Finance Trust Bank. The bank becomes the latest commercial bank to reduce Lending rates following the call by the Central Bank to commercial banks to offer concessions to clients. Courtesy photo

Finance Trust Bank drops Prime Lending Rate to 21% for new loans

Finance Trust Bank (FTB) has become the 3rd commercial bank to reduce its Prime Lending Rate, revising it to a significant 21 percent from 22 percent per annum up effective 7th September
August 10, 2020
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