Company News

Standard Chartered Bank Ordered to Pay Over UGX 850 Million to Grace Makoko for Unlawful Dismissal in 2015

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryApril 26, 2025April 26, 2025

The Court of Appeal has ordered Standard Chartered Bank Uganda to pay Grace Tibihikira Makoko a total of over UGX 850 million in compensation following her unlawful dismissal from the…

Airtel Uganda Partners with MOGO Uganda and Transsion to Bridge Smartphone Access Gap

Brian EmorutCompany NewsSponsored ContentApril 24, 2025April 24, 2025

Airtel Uganda, in partnership with MOGO Uganda and Transsion Holdings, has today launched an innovative smartphone financing initiative aimed at making quality smartphones more accessible and affordable to Ugandans across…

How PostBank is de-risking agribusiness through strategic partnerships

CEO East Africa MagazineBanking & Financial ServicesCompany NewsApril 23, 2025April 23, 2025

By Julius Akais Osauro In Uganda, agriculture is not just an economic sector, it is the heartbeat of the nation resting on the shoulders of its smallholder farmers.  Yet, these…

Banking on Impact and Being a Force for Good—The Absa Bank Uganda Story

CEO East Africa MagazineCompany NewsApril 18, 2025April 18, 2025

While presenting Absa Bank Uganda’s 2024 performance, David Wandera, the Interim Managing Director, repeatedly emphasised that everything his bank does is driven by one purpose—”empowering Africa’s tomorrow together, one story…

President Museveni Lauds Tembo Steels Founder for Transforming Uganda’s Steel Industry

Muhereza KyamuteteraCompany NewsNews & AnalysisApril 18, 2025April 18, 2025

President Museveni has praised visionary industrialist Mr. Sanjay Awasthi, the Chairman of Tembo Steels, for his transformative contribution to Uganda’s steel industry. This was as the President commissioned Tembo Steels…

Airtel Uganda Introduces Africa’s First AI-Powered Spam Alert Service to Combat Digital Fraud

Paul MurungiCompany NewsThe Big StoryApril 16, 2025April 17, 2025

Airtel Uganda today unveiled its ground breaking AI-powered Spam Alert Service, becoming the first telecommunications provider in East Africa to offer network-level protection against fraudulent messages. This launch also makes…

CONSCIOUS UNCOUPLING: Navigating the Complexities of Private Equity Exits: Expert Lessons from East Africa 

Muhereza KyamuteteraCompany NewsNews & AnalysisApril 16, 2025April 16, 2025

Private equity (PE) transactions are often hailed as engines of economic growth, bringing much-needed capital to businesses and boosting their expansion potential. However, poor planning and misaligned expectations between investors…

Catherine Twesigye Appointed Head of Premium Spirits at Uganda Breweries

CEO East Africa MagazineCompany NewsApril 15, 2025April 15, 2025

Uganda Breweries Limited (UBL) has named Catherine Twesigye as the new Head of Premium Spirits, marking a strategic move to bolster leadership in Uganda’s rapidly expanding premium and reserve spirits…

Thousands of women empowered to rise and lead at the I&M Bank powered Dominate Conference 2025.

Brian EmorutCompany NewsNews & AnalysisApril 14, 2025April 14, 2025

Kampala Serena Hotel’s Victoria Hall was full to capacity on Saturday, April 12, as thousands of women graced the Dominate Conference 2025. The event, which had I&M Bank Uganda as…

Housing Finance Bank and Pesapal Uganda Partner to Drive Cashless Economy Through Enhanced Digital Payment Solutions.

Brian EmorutBusiness & MarketsCompany NewsApril 11, 2025April 11, 2025

Housing Finance Bank (HFB) has partnered with Pesapal Uganda, a leading provider of digital payment and business solutions, in a strategic move aimed at enhancing payment experiences for both customers…