Company News

Sino-African trade: Absa Group opens office in China

Muhereza KyamuteteraCompany NewsGlobal NewsThe Big StoryFebruary 1, 2024February 1, 2024

Absa Group today announced its physical expansion into the People’s Republic of China with the opening of a new non-banking subsidiary in Beijing. The non-banking subsidiary is now open, with…

I&M Bank Uganda phases out old Visa ATM cards; replaces them with Mastercard cards

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryJanuary 31, 2024January 31, 2024

I&M Bank Uganda has promised to deliver the “best and most convenient banking services and experience” to its customers as it switches from the old Orient Bank-branded Visa debit cards…

GnuGrid CRB and Airtel Mobile Commerce Launch Uganda’s First-Ever Mobile Credit Scoring System

CEO East Africa MagazineCompany NewsNews & AnalysisJanuary 29, 2024January 29, 2024

GnuGrid CRB, Uganda’s first and only indigenous credit reference bureau to be licensed by the Bank of Uganda and Airtel Mobile Commerce Uganda Limited, a provider of affordable and secure…

Ugandan Tech Firm, Service Cops Releases SchoolPay ERP⏤ A Major Upgrade to SchoolPay- the Revolutionary Educational Institutions Management Solution

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryJanuary 29, 2024January 29, 2024

Service Cops, a Ugandan technology company with a presence in the Great African Lakes region has today announced major upgrades to its SchoolPay solution, introducing SchoolPay ERP. The new SchoolPay…

CEO OF THE WEEK: Andrew Kilonzo, Uganda Breweries Limited

Muhereza KyamuteteraC-Suite LeadershipCEO Of The WeekCompany NewsThe Big StoryJanuary 28, 2024January 28, 2024

East Africa Breweries Limited last week released its results for the first six months of its FY2024, showing that it registered an impressive 16% growth in net sales revenue from…

SHAKEN BUT NOT STIRRED: EABL revenues grow to KShs66.5 bn, but rising costs dampen half-year profits

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryJanuary 28, 2024January 28, 2024

Despite a  strong 16% growth in net sales in the first six months of EABL’s FY2024 (July -December 2023) compared to the same period in the prior year, East African…

Housing Finance Bank unveils ‘Fuuka Don’ salary loan campaign to support Ugandans’ 2024 goals and aspirations

CEO ReporterBanking & Financial ServicesCompany NewsJanuary 26, 2024January 26, 2024

In a re-affirmation of its commitment to enabling financial independence and sustainable home ownership, Housing Finance Bank has launched the ‘Fuuka Don’ salary loan campaign. The initiative aims to alleviate…

Absa Bank Uganda’s Human Capital Director tips HR practitioners on organizational culture and work ethic

CEO ReporterCompany NewsJanuary 25, 2024January 26, 2024

The Absa Bank Uganda Human Capital Director Sylvia Mulomi has tipped Human Resource (HR) practitioners about the organisational culture and work ethic as key to shaping a thriving workplace, which…

WOMAN ON A FASHION MISSION: Dyna Vence Ruvuza of the Dyna Vence Couture fame

Muhereza KyamuteteraCompany NewsLifestyleWomen In LeadershipJanuary 17, 2024January 17, 2024

CEO Magazine looked up the proprietor of the curiously named (to the layperson) fashion brand that has carved a niche for itself as a bridal designer and go-to option for…

Paddy Muramiirah to lead Crown Beverages’ entry into Kenyan soft drinks market

Muhereza KyamuteteraC-Suite LeadershipCompany NewsThe Big StoryJanuary 17, 2024March 1, 2024

Crown Beverages (Mauritius) Ltd has appointed Paddy Muramiirah, formerly, the Crown Beverages Uganda Chief Executive Officer to head its entry into the Kenyan market. Last week, we reported that the…