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…
President Yoweri Museveni has appointed Ms Lynda Biribonwa, a health, environment, and safety specialist as the new chairperson, and six others as members of the Petroleum Authority of Uganda (PAU) Board. The appointment follows their successful vetting and approval by the Parliamentary Appointment Committee, led by the Speaker of Parliament in June 2024. Ms Biribonwa succeeds Ms Jane N. Mulemwa (PhD), whose second and final four-year term ended in May 2024. Ms Biribonwa, a certified Lead Environmental Management Systems Auditor with over 23 years of experience in environment, health, and safety at strategic, policy, compliance, and practitioner levels, brings her…
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Mbarara University of Science and Technology (MUST), has during its 99th Council meeting, appointed Vincent Kwatampora Kansiime as the new University Secretary, effective 1st July 2024. This follows the passing away of Theophilus Tibihika, the designated University Secretary in an accident along the Lira- Apac road in May 2024. He was due to take office on 01st July 2024. At the time of his death, Tibihika was the Lira City Town Clerk. Mr. Kwatampora succeeds Melchior Byaruhanga, who has served MUST for 27 years, 6 of them as University Secretary. According to a University media statement, Kwatampora brings a wealth…
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The Sanlam Life Insurance Uganda Chief Executive Officer, Gary Corbit has clarified about the legal status of Sanlam’s existing Family Protection Plan product, noting that its still on course, and policyholders’ contracts and their acquired rights have not been affected by the suspension of the policy from Insurance Regulatory Authority (IRA). “We would like to assure you that Sanlam Life Insurance Uganda Limited management is currently in discussions with the regulator to ensure that our valued customers and partners continue to have access to and benefit from our comprehensive family protection insurance solution available to families in Uganda,” Mr Corbit…
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Uganda Civil Aviation Authority’s Bamwesigye gets second term of office as Director General Works and Transport Minister, Gen. Katumba Wamala, has appointed Mr. Fred K. Bamnwesigye for a second term as the Director General of the Uganda Civil Aviation Authority (UCAA), the CEO East Africa Magazine, has reliably learnt. This is ahead of the expiry of his first term which expires at the end of September 2024. His first term started on 01st October 2021. The Uganda Civil Aviation Authority is the government body responsible for licensing, monitoring, and regulating civil aviation matters in the country. The body manages Entebbe…
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Q. The financial sector in the country is flooded with many innovative products, more so in insurance. What can you tell us about Smart Save and how different it is from others? A. Jubilee Smart Save Plan- Olina Plan B? stands out from other offerings by combining both risk and investment elements. It not only provides comprehensive insurance coverage to protect against unforeseen risks but also offers robust investment opportunities, allowing policyholders to grow their savings over time. Another key feature is that if the policyholder passes away, the beneficiary will receive 10-15% of the funds annually until the policy…
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Mr. Jimmy Douglas Mugerwa and Dr. Aminah Zawedde have been reappointed to the dfcu Limited Board of Directors after being seconded by shareholders at the Annual General Meeting that was held last week at Hotel Africana in Kampala. Mr Mugerwa will serve as Chairman of the Board of Directors while Dr Zawedde will serve as a Non- Executive Director on the dfcu Limited Board, the holding company of dfcu Bank. The two were bound to retire from the Board but offered themselves for re- election. Mugerwa is the founder and Chief Exective Officer of Zoramu Consulting Group Ltd, a senior…
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Describe the UG DevSummit for us.The first-ever software developers’ conference in Uganda is called the UG DevSummit. That basically means that we’re attempting to organise a learning, networking, and social meeting for software developers. This conference has been organised because Refactory has trained over 600 individuals throughout the previous five years. But one thing we observed was that these people don’t have access to a forum where they can keep learning. Everyone is on their own, and various activities are taking place everywhere.On the other hand, our neighbours deliberately host these get-togethers so they may observe the direction the business…
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A Uganda Communications Commission (UCC) funded project dubbed the e-booster Program has begun to bear fruit. The project, which is under the Uganda Communications Universal Service and Access Fund (UCUSAF) is aimed at supporting ICT solutions that address societal challenges in unserved and underserved areas of Uganda. Cinnamon Solutions Ltd, a Ugandan ICT company was among five companies selected through a competitive process, as a recipient of a grant to implement the initiative. Cinnamon will provide support in digitizing financial records of savings groups amongst fishing communities along the shores of Lake Victoria. In a crucial first step in this…
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As the Government of Uganda starts importing its own fuel, marking an end to an era of Government of Kenya-controlled importation and supply, Vivo Energy Uganda, the industry leader, has assured its consumers in Uganda of continued reliability of supply in “the right quantities and quality”. Addressing journalists on a media tour aimed at giving the media, deeper insights into the company’s quality assurance processes and product journey, Elyanu Geoffrey, the company’s Supply and Distribution Manager said that although there has been a change in the suppliers of fuel from the government of Kenya to Uganda National Oil Company (UNOC),…
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Speaking at the Friday, 28 June 2024 anniversary gala to market the I&M Group Plc’s 50th anniversary, held at the Kampala Serena Hotel, a confident Suleiman Kiggundu, the Board Chairman spoke of the financial Group’s great legacy and how I&M Bank Uganda has built on this legacy to lay a strong foundation in Uganda. He underlined the roles played by the visionary founders, dedicated employees, amazing loyal customers, and supportive partners who in one way or another supported the bank’s “firm commitment to excellence” that “has propelled us to stay ahead of the curve, delivering exceptional value to our stakeholders…
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