Company News

When did you last queue up at the banking hall to make school fees payment?

CEO East Africa MagazineBanking & Financial ServicesCompany NewsThought LeadershipMarch 4, 2025March 4, 2025

By Adons Aryong For the last half of a century, Uganda’s vibrant education system held onto traditional models of school fees collections through direct bank deposits and cash payments at…

Mumba Kalifungwa Takes Helm at Stanbic Bank Uganda

Muhereza KyamuteteraCompany NewsThe Big StoryMarch 3, 2025March 3, 2025

Stanbic Bank Uganda, the country’s largest lender by assets, revenue, and deposits, has today, March 3, 2025, officially welcomed Mumba Kenneth Kalifungwa as its new Chief Executive.  His appointment, first…

Guinness Smooth unveils a bold new look

Brian EmorutCompany NewsLifestyleNews & AnalysisMarch 3, 2025March 3, 2025

In the spirit of reimagination, Guinness Smooth has applied more vibrancy and expression to its pack and brand world. The beer that is celebrated for its irresistibly smooth taste has…

EDITORIAL: The Nile Breweries Internal Fraud Audit: A Wake-Up Call to Corporate Uganda

Editorial, CEO East AfricaBusiness & MarketsCompany NewsMarch 3, 2025March 3, 2025

The Nile Breweries scandal involving the Majok siblings has exposed significant weaknesses in corporate governance, oversight, and financial accountability. However, this case is not an isolated incident—it is part of…

Nile Breweries Investigates How Two Siblings, One Reporting to the Other, Caused Multibillion Losses in Fraud and Bogus Marketing Schemes

CEO East Africa MagazineBusiness & MarketsCompany NewsThe Big StoryMarch 3, 2025March 3, 2025

Nile Breweries Limited, the Ugandan subsidiary of global brewing giant Anheuser-Busch InBev (AB InBev), is conducting an extensive investigation into allegations of fraud and financial misconduct within its sales and…

10 years of Stanbic National Schools Championship: Living to the promise of nurturing entrepreneurship and innovation

Paul MurungiCompany NewsWomen In LeadershipMarch 3, 2025March 3, 2025

This year marks the 10th anniversary of the annual Stanbic National Schools Championship (NSC), the widely acclaimed entrepreneurship and innovation competition for secondary school students and teachers.  In an exclusive…

Melkamu Abebe Ends His Tour on a High as He Leads Coca-Cola Beverages Uganda to Win the Group Africa CEO Award

Muhereza KyamuteteraCompany NewsThe Big StoryMarch 3, 2025March 3, 2025

Melkamu Abebe, the outgoing General Manager of Coca-Cola Beverages Uganda (CCBU), has concluded his tenure on an extraordinarily high note, guiding the company to victory at the prestigious Group Africa…

dfcu Bank Announces Appointment of New Chief Risk Officer

Brian EmorutBanking & Financial ServicesCompany NewsWomen In LeadershipMarch 1, 2025March 1, 2025

dfcu Bank has announced the appointment of Hope Lorna Nakhayenze as its new Chief Risk Officer, effective 1st March 2025. The Bank stated that in this role, she would be…

Speke Resort Convention Centre: Powering Uganda’s Rise as a Premier MICE Destination

Muhereza KyamuteteraCompany NewsThe Big StoryFebruary 28, 2025February 28, 2025

Uganda is rapidly positioning itself as a premier destination for Meetings, Incentives, Conferences, and Exhibitions (MICE), with the Speke Resort Convention Centre (SRCC) at the heart of this transformation. Dr….

Airtel Money Rewards Hundreds of Parents and Guardians in the ‘Pay and Win’ Back to School Campaign

Brian EmorutCompany NewsFebruary 28, 2025February 28, 2025

As the Airtel Money Back-to-School ‘Pay and Win’ campaign enters its final stretch, hundreds of parents and guardians have benefited, reinforcing Airtel Uganda’s continued commitment to financial inclusion and convenience…