Company News

Goldstar Insurance Reaffirms Financial Strength with AA(UG) GCR Rating 

CEO East Africa MagazineCompany NewsJune 18, 2025June 18, 2025

Goldstar Insurance Company Limited has once again reinforced its position as one of Uganda’s most trusted and financially robust insurers. On May 12, 2025, GCR Ratings reaffirmed the company’s national…

Claver Serumaga Gets Bank of Uganda Nod for ED Role at Equity Bank Uganda 

CEO East Africa MagazineCompany NewsJune 14, 2025June 14, 2025

The Bank of Uganda has officially cleared the appointment of Claver Serumaga as Executive Director, Commercial Banking at Equity Bank Uganda, marking a critical step in the bank’s ongoing leadership…

Is Stuart Birungi the Crown Prince to the Movit Personal Care Empire?

Muhereza KyamuteteraCompany NewsThe Big StoryJune 14, 2025June 16, 2025

In January 2025, Stuart Birungi was officially appointed as the Chief Operating Officer (COO) of Movit Group. His elevation to the role, after over a decade of service across Uganda,…

Prosperity From Purposeful Passion: Dr. Emma Naluyima talks about her farming journey, bolstered by dfcu Bank.

Brian EmorutCompany NewsWomen In LeadershipJune 10, 2025June 10, 2025

CEO East Africa Magazine recently had the opportunity to speak with Dr. Emma Naluyima, a Ugandan veterinary doctor with a Bachelors in Vet Medicine (BVM) and a Masters in Health…

PostBank Wins Top BoU Award as Small Business Recovery Fund Grows to UGX 30 Billion in Disbursements

Paul MurungiBanking & Financial ServicesCompany NewsMay 31, 2025May 31, 2025

PostBank Uganda emerged as the overall best-performing Tier 1 Bank recognised by the Bank of Uganda at the Award Ceremony for Participating Financial Institutions in the Agricultural Credit Facility (ACF)…

dfcu Foundation Debuts with a Mandate to Empower SMEs, Women, and Youth in Agriculture and Enterprise Development.

Brian EmorutCompany NewsNews & AnalysisSponsored ContentMay 31, 2025May 31, 2025

dfcu Bank has officially launched the dfcu Foundation in Mbarara district, a rebrand of the Agribusiness Development Centre (ADC) under the theme ‘’A New Name, A Renewed Commitment’’. The launch…

Airtel Uganda Continues Nationwide Network Expansion to Improve Connectivity in Underserved Regions

Brian EmorutCompany NewsNews & AnalysisSponsored ContentMay 31, 2025May 31, 2025

Airtel Uganda, a leading telecommunications provider in Uganda, continues its nationwide network expansion to improve connectivity in underserved regions. The telecommunications service provider has successfully commissioned numerous new network sites…

PostBank Shares Eid Al-Adha Joy with the Muslim Community Across Different Regions 

Paul MurungiBanking & Financial ServicesCompany NewsMay 28, 2025May 28, 2025

PostBank Uganda, whose purpose is to foster prosperity for Ugandans, has today shared Eid Al-Adha joy with the Muslim community across different regions, where the bank has a branch in…

Inside Uganda’s 2025 Tax Shakeup: Income Tax Exemptions, VAT Crackdowns, and New Trade Levies

Muhereza KyamuteteraCompany NewsMay 26, 2025May 26, 2025

Uganda is on the cusp of a significant tax regime transformation as Parliament considers the Tax Amendment Bills 2025, a package of legislative reforms designed to raise domestic revenues, promote…

All Eyes on Godfrey Sebaana as DTB Uganda’s Decade-Long Growth Trajectory Pauses in His First Year as CEO

CEO East Africa MagazineCompany NewsThe Big StoryMay 26, 2025May 26, 2025

Diamond Trust Bank Uganda Limited (DTB Uganda) reported a mixed financial performance for the year ended December 31, 2024, marking a significant inflexion point in its decade-plus-long growth story. After…