As schools across Uganda reopen for the first term of the academic year, dfcu Bank has rolled out a nationwide back-to-school campaign aimed at easing the heavy financial burden that...
If ESG were a person, at Letshego Uganda, he/she would not be seated in a boardroom quoting frameworks. It would be on the road, on the phone, and occasionally on…
Eri Ssebowa is a seasoned finance and accounting professional with over nine years of progressive experience in strategic financial management, business partnering, financial reporting, and performance management across the banking,…
Following a reputational and financially bruising fraud scandal — in which the brewer estimates to have lost about UGX 9 billion — and the subsequent exit of its Heads of…
Kampala Associated Advocates (KAA) has been tapped to represent Stanbic Bank Uganda and its parent, Stanbic Uganda Holdings Limited, in one of the largest transfer-pricing disputes to reach the Tax…
Just months after launching an investigation into massive marketing and sponsorship fraud involving senior staff, Nile Breweries Limited (NBL), a subsidiary of Anheuser-Busch InBev (AB InBev), is now grappling with yet another internal fraud scandal—this time involving large-scale theft of beer directly from its factory. According to sources familiar with the investigation, three NBL employees—Muluka Denes, Wandera Gibbons, and Okello Anthony Ochepa—were arrested and charged with stealing four pallets of beer valued at approximately UGX17 million. However, further investigations suggest this was not an isolated incident. “It had been happening for a while. The direct loss is well over UGX1…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Ali Monzer, a seasoned telecommunications professional has been appointed the new Chief Executive Officer of MTN Rwanda. He replaces Ms. Mapula Bodipe, a South African national who has been holding the position since September 2022. Mr Monzer spent close to a year as the MTN South Sudan CEO from April 2024, a relatively short period for a serving CEO. Before moving to restive South Sudan, Mr Monzer had been a household name in Uganda’s telecommunications sector, where he had spent close to six years as the MTN Uganda Chief Technology and Information Officer. Mr Monzer has over 24 years…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Airtel’s Managing Director, Mr Soumendra Sahu has confirmed a plan to double Airtel’s investment in data, which will be a key priority this year and beyond, as the telco maintains…
Colin Asiimwe is back at MultiChoice Uganda as the Head of Marketing, overseeing the DStv, GOtv, Showmax, and Pearl Magic brands. Asiimwe previously worked with MultiChoice before leaving the business….
Uganda Breweries Limited (UBL) has confirmed the appointment of Elizabeth Mutamuliza as the Marketing Manager—Beer, a role in which she will oversee the strategic growth and execution of UBL’s entire…
Uganda Airlines has officially launched direct flights to London, United Kingdom. The airline will fly four times a week using the Airbus A330-800neo. Ms Jennifer Bamuturaki, the Uganda Airlines CEO said in a Thursday press briefing in which the London route was launched, the lunch coincides with the airline’s 5th anniversary, marking the end of the establishment phase and setting the course for a long term growth and expansion. She noted that the acquisition of the London route followed meticulous planning, preparations and many setbacks since 2020 when the airline first acquired slots in the UK, which was partly disrupted…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
The Uganda Electricity Distribution Company Limited (UEDCL) has absorbed an estimated 2,200 of Umeme staff, out of the 2,400 staff that the private power distributor holds currently. UEDCL Managing Director, Paul Mwesigwa revealed the details in an exclusive interview with the CEO East Africa Magazine, noting that, “while the biggest percentage of staff will cross over to different departments [in the power distribution value chain],” the unabsorbed staff will be outsourced through subcontracting dismissing fears of unemployment. The Energy Ministry in a Wednesday statement said the restructuring process of UEDCL involved a fair, transparent, and merit-based recruitment process with the…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Crown Beverages Limited (CBL), the authorized bottler of PepsiCo beverages in Uganda, in strategic partnership with WastePays and with the support of PepsiCo Sub-Saharan Africa, is significantly expanding its commitment…
Team P&B, comprising of Bob Matisiko and Peter Atwine, and Fairway Zokka, comprising of Edith Wamala and Suzan Achieng, emerged as the overall winners in the men’s and women’s categories, respectively, at the first round of the 2025 I&M Bank Katogo Golf Series season, held at Entebbe Club on Saturday. Team P&B claimed the top spot with 57 points, winning two RwandAir tickets and I&M Bank goodies, while Fairway Zokka emerged victorious with 59 points, each earning a weekend for two at the Kampala Serena Hotel, along with I&M Bank goodies. I&M Bank Head of Marketing and Corporate Communications Annette…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
This ruling presents several important themes relevant to business, finance, and corporate governance. Here are the key takeaways: 1. The Case Revolved Around a High-Stakes Financial Dispute 2. The Issue…
