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…
Bank of India, in Uganda, has hired Israel Opio as its Head of Risk Management. The appointment is subject to regulatory approvals. Israel is a seasoned risk management expert who among other roles served as the Chairman of Uganda Bankers Association’s Risk Committee in 2021. Uganda Bankers’ Association (UBA) is an umbrella organisation for financial institutions licensed and supervised by the Bank of Uganda. Established in 1981, UBA is currently made up of 26 commercial banks, 2 development Banks and 8 Tier 2 & Tier 3 Financial Institutions. From March 2022 to July 2023 he was the Head of…
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On December 31st 2023, the Victoria Hall at the Kampala Serena Hotel was packed with busybodies, from as early as 8 pm, all the way till dawn. The crowd consisted of young A-listers as well as fun-loving high-rollers, who turned up to celebrate their 2023 milestones and welcome 2024 in style. The night’s hosts- rapper cum radio host- Timothy Code, and fashionista Zuby, set the mood right as they welcomed revellers with energy. The DJ line-up that included DJ Simples, DJ Sese, DJ Vanns, Dj Melvin, VX Faisal, and Dj Essmatic didn’t let the crowd have a dull, or even…
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In a bid to support customers in meeting their beginning-of-year goals, Absa Bank Uganda has unveiled solutions under a dynamic two-fold campaign designed to bolster both individual aspirations and business growth. The three-month campaign, under the theme “Jooga2024 Ne Absa” for individuals and “Tumbula Business Yo Ne Absa” for businesses offers a complete package for both personal and business customers to achieve new year plans, goals, dreams, and needs with freedom. Ronald Kamulegeya, Absa Bank Uganda’s Head of Customer Network, said, “Following the festive season – which is characterised by a lot of spending, travel and the like, the…
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Non-alcoholic beverage makers, Crown Beverages Limited (CBL) has raised UGX100 million for the Triplets Ghetto Kids, a children’s NGO based in Kampala. This was during their December 21, 2023, thanksgiving ceremony for yet another good business year, held at the Kampala Serena Hotel in Kampala, Uganda. The ceremony was presided over by the Most Rev. Dr. Stephen Samuel Kaziimba Mugalu, the Archbishop of the Church of Uganda, with Right Hon. Thomas Tayebwa, the Deputy Speaker of Parliament as Chief Guest. Founded in 2013 by Kavuma Dauda, the NGO employs music, dance, and drama as powerful tools to uplift disadvantaged children,…
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Leading carbonated soft drinks and water maker, Crown Beverages Limited (CBL), have appointed Hilda Mbabazi FCCA, CPA, MBA, as its Chief Executive Officer. CBL is the franchise bottler of global food, snack, and beverage giant, PepsiCo, Inc in Uganda. The company bottles Pepsi, Mountain Dew, Mirinda Fruity, Mirinda Orange, Mirinda Pineapple, Mirinda Green Apple, Evervess Tonic, Sting Energy Drink as well as Nivana and Aquafina water. Mbabazi, replaces Paddy Muramiirah, the CEO since August 2016. She has been the Finance Director since March 2016. Before that, she was Head of Internal Audit between December 2009 and February 2019 and…
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Susan Nsibirwa, a Marketing Communications Consultant and experienced media executive, has been appointed by the Nation Media Group, to head its Uganda unit, CEO East Africa Magazine can exclusively reveal. She has prior to the appointment been a Board Member of the company amongst other roles. She replaces Tony Glencross whose 9-year tenure comes to an end, on December 31st. Under Glencross, who assumed leadership in March 2015, NMG- Uganda has been restructured and turned around into a profit-making multimedia business. She comes in at a critical time when NMG Uganda is kickstarting a 5-year digital-first strategy that will see…
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In Uganda, where an estimated 16% of children face disabilities, the formidable barriers to education for many are stark. Most of these children grapple with challenges hindering their access to schooling, and those who manage often encounter difficulties transitioning between educational levels. Only 5% of children with disabilities have access to education through inclusive schools, while a mere 10% benefit from specialized institutions. The obstacles these children face are multifaceted, encompassing issues ranging from a lack of physical capacity and infrastructure to insufficient learning materials. Inadequate teacher capacity, coupled with prevalent negative attitudes and stigma, further exacerbates the challenges, severely…
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Centenary Group has emabrked on the construction of the nation’s first Tier 3 green data center in Masaka, ushering in a new digital era. The data centre will o not only advance Uganda’s digital infrastructure but it emphasize environmentally sustainable technology solutions.Aligning with Centenary’s 40th anniversary in Uganda, the green data center is a testament to the company’s commitment to sustainable development. Designed to minimize environmental impact, the facility will utilize renewable energy sources and energy-efficient technologies, setting a new standard for eco-friendly digital infrastructure in the region. Speaking at the Centenary groundbreaking event, the Bishop of Masaka Diocese and…
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The Standard Bank Group has named Francis Karuhanga as the new Chief Executive for Stanbic Uganda Holdings (SUHL), the listed entity under which Stanbic Bank, Uganda’s largest bank is operated. SUHL is also the holding entity for the Group’s four other subsidiaries—Stanbic Properties Limited, SBG Securities, Stanbic Business Incubator, and FlyHub. Francis Karuhanga replaces Andrew Mashanda, who according to Patrick Mweheire, the Standard Bank Group Regional Chief Executive for East Africa, will be taking on a new role within the Group—after December 31, 2023. “It is worth noting that Mr. Karuhanga has accepted to leave his current role as Group…
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In a fast-growing recognition of the law firm’s expertise in Corporate & Commercial Law amongst many other subject matters, Bluebell Legal Advocates has been added to the German Embassy’s lawyer list. German missions all over the world, keep a list of reputable law firms that are recommended to their nationals in-country in need of legal services. Bluebell Legal Advocates joins on the list, other top-rated law firms in Uganda such as AF Mpanga, MMAKS Advocates and Nyanzi, Kiboneka & Mbabazi Advocates. Bluebell Legal, was founded in 2008 under the name Kaddu & Partners Advocates. Although only 14 years old, its senior…
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