Company News

Standard Chartered Uganda Hosts Investment Dialogue to Boost Regional Trade 

Paul MurungiBanking & Financial ServicesCompany NewsMay 23, 2025May 24, 2025

Standard Chartered is set to invest in boosting regional trade, particularly between Uganda and the Middle East.  The Middle East has emerged as one of the major export destinations for…

Zamara Uganda Surpasses UGX 1 Trillion in Assets Under Administration

CEO East Africa MagazineCompany NewsThe Big StoryMay 21, 2025May 21, 2025

Zamara Uganda, the country’s oldest and largest retirement benefits administrator, has crossed a major milestone—surpassing UGX 1 trillion in assets under administration, covering more than 17,000 members across 42 corporate…

Andrew Ssekamwa Exits Movit After Just Seven Months Amid Talk of Role Incompatibility 

CEO East Africa MagazineC-Suite LeadershipCompany NewsMay 19, 2025May 19, 2025

Andrew Ssekamwa, who was appointed Chief Commercial Officer (CCO) at Movit Products Limited in September 2024, has exited the role after just seven months, deepening concerns around executive turnover at…

Six Years of Impact: Stanbic Business Incubator Empowers 7,000 Entrepreneurs to Thrive

CEO East Africa MagazineCompany NewsMay 15, 2025May 15, 2025

The Stanbic Business Incubator (SBIL) is transforming how entrepreneurship is nurtured in Uganda and going beyond traditional financial services to connect small and medium enterprises (SMEs) directly with market opportunities,…

TARA Advocates to Host Estate Planning Summit on Securing Generational Wealth

Muhereza KyamuteteraCompany NewsMay 14, 2025May 14, 2025

In a timely and strategic move to deepen conversations around wealth preservation and succession planning in Uganda, TARA Advocates—a leading women-led commercial law firm—will host the TARA Estate Planning Symposium…

Kenneth Kitariko Replaces Sophie Nkuutu As Old Mutual Life Assurance Uganda’s Chairman

Muhereza KyamuteteraBusiness & MarketsCompany NewsSponsored ContentMay 12, 2025May 12, 2025

Old Mutual Life Assurance Uganda Limited has announced the appointment of Mr. Kenneth Kitariko as the new Chairman of the Board of Directors, succeeding Ms. Sophie Nkuutu. Mr. Kitariko has…

Kampala Africa AI Summit sparks conversations on driving AI adoption across the continent’s key sectors

Brian EmorutCompany NewsNews & AnalysisThe Big StoryMay 11, 2025May 11, 2025

Uganda hosted the Africa Artificial Intelligence Summit (AAIS), that took place May 8th–9th, at Speke Resort Munyonyo, in Kampala. The summit brought together industry leaders, professionals, technologists, academia, state actors,…

East Africa Powers Airtel Africa’s Growth with Strong Performance Across Voice, Data and Mobile Money

Brian EmorutCompany NewsNews & AnalysisThe Big StoryMay 10, 2025May 10, 2025

Airtel Africa has reported a resilient performance in its East African operations for the financial year ending March 31, 2025, underscoring the region’s strategic role in the company’s overall success….

dfcu Jazz in the Pearl Festival Set to Light Up Kampala with World-Class Performances

Brian EmorutCompany NewsLifestyleMay 10, 2025May 10, 2025

The serene rooftop terrace of dfcu Bank’s headquarters in Nakasero came alive today with the sounds of anticipation and excitement, as jazz lovers, media personalities, and culture aficionados gathered for…

Wendi, PostBank’s Mobile Wallet Hits Over 1 million Users thanks to its 10% Annual Interest Incentive

Paul MurungiCompany NewsNews & AnalysisTechnology & InnovationMay 8, 2025May 8, 2025

In 2023, PostBank Uganda (PBU) launched an innovative digital wallet called Wendi. The mobile wallet was designed to foster prosperity for Ugandans by bridging the financial inclusion divide and extending…