Company News

dfcu Bank Launches XClusive Banking: A Bespoke Banking Experience for High-Net-Worth Clients.

Brian EmorutBanking & Financial ServicesCompany NewsMarch 27, 2025May 3, 2025

In a bold move set to transform Uganda’s financial landscape, dfcu Bank has launched dfcu XClusive Banking—a premium, high-net-worth banking experience that redefines personalized financial services for the bank’s customers….

Paul Muganwa Joins Stanbic Uganda Board, Strengthens Leadership at the Helm of Corporate & Investment Banking

Muhereza KyamuteteraCompany NewsMarch 27, 2025March 27, 2025

Stanbic Bank Uganda has announced the appointment of Paul Muganwa as an Executive Director on its Board, in addition to his existing role as Head of Corporate & Investment Banking…

Media Maverick Julius Kyazze Acquires Stake in NRG Radio; Promises a New Future and Push into New Markets

Muhereza KyamuteteraCompany NewsThe Big StoryMarch 27, 2025March 27, 2025

Julius Kyazze, one of Africa’s emerging most influential figures in entertainment and creative enterprise, has officially ventured into broadcast media, acquiring a significant stake in NRG Radio Uganda through its…

Pay Tv service providers lost 47,000 of subscribers in 2024

Paul MurungiCompany NewsEast AfricaNews & AnalysisThe Big StoryMarch 26, 2025March 26, 2025

Pay television service providers lost at least 31.9% subscribers in the 12 months to December 2024, according to the Uganda Communications Commission (UCC) Market Performance Report. The loss is contained…

Bleeding Ink: New Vision announces financial loss for the year 2024

CEO ReporterCompany NewsNews & AnalysisThe Big StoryMarch 26, 2025March 27, 2025

The Vision Group, publisher of the New Vision newspaper, and owner of other affiliated media houses, has announced a loss for the financial year ending December, 2024.  A Board of…

The GSMA Board elects Airtel’s Gopal Vittal as the new Chairman

Brian EmorutCompany NewsGlobal NewsNews & AnalysisSponsored ContentMarch 25, 2025March 25, 2025

The Board of Directors of the GSMA elected Gopal Vittal – Vice Chairman & MD, Bharti Airtel, as its new Chairman, until the end of 2026. Gopal is currently the…

Housing Finance Bank Donates Water Harvesting Systems to Two Muslim Schools in Maganjo and Masaka to Promote Sustainability for All

Brian EmorutBanking & Financial ServicesCompany NewsSponsored ContentMarch 25, 2025March 27, 2025

On Monday, Housing Finance Bank (HFB) hosted a special Iftar dinner at Hotel Africana to express its appreciation to its Muslim staff and customers for their continued support and loyalty…

Uganda Securities Exchange’s Paul Bwiso is new Chairman of East African Securities Exchanges Association (EASEA)

Brian EmorutCompany NewsPolitics & GovermentThe Big StoryMarch 25, 2025March 25, 2025

Paul Bwiso, the Chief Executive Officer of the Uganda Securities Exchange (USE), has been appointed the new Chairman of the East African Securities Exchanges Association (EASEA), following the association’s 34th…

A Bold Alliance for Boardroom Excellence: CEO East Africa Magazine and LEAD Partner to Elevate East African Leadership

Brian EmorutCompany NewsNews & AnalysisSponsored ContentMarch 24, 2025March 24, 2025

In a transformative move poised to reshape the leadership and governance landscape in East Africa, CEO East Africa Magazine and the League of East African Directors (LEAD) have entered into…

Another internal fraud case hits Nile Breweries, the Ugandan subsidiary of AB InBev as police investigates large-scale beer theft

Muhereza KyamuteteraCompany NewsThe Big StoryMarch 23, 2025March 23, 2025

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…