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…
Cooper Motors Corporation (CMC) Holdings, the parent company of CMC (Uganda) Limited has announced its decision to gradually wind down operations in Uganda, Kenya and Tanzania, in full compliance with local regulations and distributorship agreements. Cooper Motors was acquired by the Al-Futtaim Group in 2014 and has other trading subsidiaries owned by CMC Holdings Ltd including: CMC Motors Group Limited (Kenya) Ltd. Hughes Motors (Tanzania) Ltd, Kenya Vehicle Manufacturers Ltd (33% Shareholding). The motor company was a leading player in the East African motor industry with exclusive distribution of New Holland tractors with an extensive range of farming implements from…
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Airtel Uganda has a new boss, Soumendra Sahu. He joins Uganda’s second-largest telco at an interesting time— increasing competition from MTN, the market share leader, and other independent ISPs. There are also unmet shareholder growth expectations promised during the telco IPO. The new boss must invest more in the network to boost 5G adoption, expand smartphone penetration, address operational costs, and counter Starlink’s looming entry. Airtel must innovate to maintain its edge in data revenue and tackle a shrinking market share, especially in voice services. Additionally, stabilising leadership following key staff exits and managing regulatory and economic pressures will test…
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Rotary Uganda, in partnership with the Rotary Foundation, successfully hosted the 4th Edition of the Africa Peace Concert at Nsambya Gardens. The event raised a total of $239,000 which will go towards sustaining the Makerere Rotary Peace Centre, an institution dedicated to promoting peace and conflict transformation in communities across the continent. The Africa Peace Concert, held annually, seeks to advance peace not only in Uganda but also globally. This year, Rotary set an ambitious target of raising over $500,000 to support peacebuilding and conflict resolution initiatives. Each year, Rotary awards up to 151 fully funded fellowships to leaders worldwide,…
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Nampeera’s position as a Deputy General Manager to Mr Phillipe Groueix – the General Manager, is anchored in all TotalEnergies oil activities in Uganda and is responsible for human resources and administration, contracts and procurement, national content, as well as legal and compliance. She’s also a Director at the East African Crude Oil Pipeline(EACOP) Limited with an office in London, UK. Nampeera’s experience cuts across the energy business value chain with over 30 years of experience in broad business, legal, and regulatory experience and exposure spanning four jurisdictions in East Africa, Europe, South East Asia, and Central Asia. She’s an…
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Airtel Uganda’s Managing Director, Mr. Soumendra Sahu, fondly known as Som, on Friday morning paid a courtesy visit to the Uganda Communications Commission (UCC) Executive Director, Hon. Goerge William Nyombi Tembo. Hon. Nyombi welcomed Mr. Sahu to Uganda and assured him of UCC’s regulatory support as Airtel Uganda delivers on its mandate to the customers and the public. He congratulated Airtel Uganda for being compliant with regulatory parameters against which the 2024 Compliance Certificate was recently issued. Mr. Nyombi reiterated UCC’s collaborative approach of working with licensees like Airtel Uganda in growing access to ICT services, development of innovative products…
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Daniel Ogong, the Executive Head, Marketing, Communications and Client Experience at Stanbic Bank Uganda, has been named Marketing Pioneer for 2024 by Evolve Africa. Recently, Evolve Group Africa held its fourth installment of the annual Uganda Marketing Excellence Awards (UMEAS) at a gala event in Kampala. Shafique Ssemakula, the co-founder of Evolve Africa said selection for the 2024 award winners explored how well brands, marketers and their agency partners have leveraged different media channels, digital and traditional, to create campaigns that have made a sustainable impact on their target audience and businesses. “Esteemed Marketer, Daniel Ogong`s star outshone his peers,…
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Rwanda’s rapid development and business-friendly environment have attracted increasing foreign interest in real estate and agricultural investments. However, the country’s land rights framework is complex and uniquely shaped by its history and development goals. This article aims to provide a comprehensive overview of the legal framework surrounding land ownership, acquisition, and utilisation in Rwanda, with a focus on foreign investors. Historical Context and Recent Reforms Rwanda’s land tenure system has undergone significant transformations since the 2004 National Land Policy and the 2005 Organic Land Law. These reforms aimed to address historical inequalities, promote efficient land use, and provide security of…
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Imagine stepping into Africa’s booming financial sector with a community behind you, ready to help you connect, grow, and lead. Becoming a member of the Kigali International Financial Centre (KIFC) is like joining an exclusive club designed to supercharge your business’s journey through Africa’s exciting financial sector. Whether you are looking to approach regulatory hurdles, broaden your network, or amplify your brand’s visibility, KIFC membership has you covered. Why Join KIFC? KIFC is not just a place; it is a movement at the heart of Africa’s financial evolution. As a leading hub for international investment and financial services, KIFC offers…
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Kampala Serena Hotel hosted the fourth annual Uganda Marketing Excellence Awards (UMEAS) on Friday December 13th 2024. Organized by Evolve Group Africa, the red carpet, black-tie event, dubbed “The Marketers’ Biggest Night,” celebrated the best in the marketing industry under the theme “Promoting Sustainable Marketing.” Team Centenary Bank being awarded by Kevin Masaba, General Manager -Radiocity. They won_ Best not for profit _Social good campaign-Cancer Run 2024 Best innovation-Cente WhatsApp Banking. The UMEAS, owned by Evolve Africa, highlights excellence across various facets of the marketing profession, including sustainability, branding, advertising, digital strategies, and public relations. Shafique Ssemakula, co-founder of Evolve…
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Yustus Aribariho, one of Uganda’s finest brains in the financial services space, has spent more than two decades of his banking career at Standard Chartered Bank. He is no stranger to digital transformation programs and has vast experience across Africa, Asia, and the Middle East. Until recently, he was the Global Head of Digital Platforms for Standard Chartered Bank, based in Dubai, UAE. With that experience, Yustus decided to step down from the role in January 2024 and, with funding from Standard Chartered Ventures (SC Ventures), co-founded Furaha Financial Limited, headquartered in the United Arab Emirates. Standard Chartered Ventures is…
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