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…
Though often uncelebrated, health and safety at the workplace is a critical component of all great companies as it protects workers⏤ the most important resource every organisation has. By adapting and living a rigorous safety culture, and proactively managing workplace safety-related incidents, organisations not only protect the lives and wellbeing of their people but are also able to reduce risks and losses associated with lost man-hours due to avoidable accidents. For having led his team of more than 8,000 employees and contractors on the strategically important Tilenga Project, to clock a monumental 20 million man-hours without Lost Time Incidents (LTI),…
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Despite significant market turbulence home and away, Uganda’s National Social Security Fund’s (NSSF) revenue increased by 15% from UGX1.9 trillion to UGX2.2 trillion for the Financial Year ended June 30, 2023, Managing Director Patrick Ayota has announced. Addressing the media at the NSSF Annual Media Roundtable, Ayota attributed the growth to increased earnings from interest income from UGX1.79 trillion to UGX2 trillion and dividend income which grew from UGX84 billion to UGX139 trillion. Income from the Fund’s real estate projects also slightly increased from UGX13.4 billion to UGX14 billion. “Other income” also increased to UGX16 billion. “Overall, the investment environment…
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To cater for the high demand for grade-A offices in the prime Kampala Kololo neighbourhood, Meera Investments Limited (MIL), one of Uganda’s largest Real Estate Developers, has put yet another property⏤ Windsor House, on the market. MIL is the property development arm of the Ruparelia Group, which “provides premium management solutions while delivering high-quality quality affordable and sustainable office, retail, industrial and residential Real Estate infrastructure”. The Windsor House is a high-tech, sustainable and mixed-use property. The Windsor House will offer commercial, facilities within an A-grade office facility spread over 5,022.7sqm, broken down into 4 elegant office floors, within an…
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Academic Families, a leading UK-based education consultancy, has announced the upcoming “Overseas Boarding Schools Expo” to be held at the Sheraton Hotel on September 25th. This one-day educational fair aims to provide valuable insights and support for parents, students, and guardians seeking international school placements in the United Kingdom (UK) and Canada. “The inspiration behind organising this education fair for the Ugandan community is rooted in Academic Families’ seven years of experience successfully placing students from Kenya, Uganda, and Rwanda into UK boarding schools,” Academic Families, said in a public statement. MBE Lorna Clayton, Managing Director and Founder, of Academic…
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Business enterprises, constituting over 90% of Uganda’s private sector and contributing at least 20% to the GDP while employing millions of Ugandans, are pivotal drivers of the country’s socioeconomic development. Nevertheless, these indispensable entities often grapple with multifaceted challenges that necessitate the intervention and support of financial institutions. In full recognition of this pivotal role, Housing Finance Bank recently convened a contractors’ forum at Hotel Africana that brought together business and industry leaders from diverse sectors, united in their efforts to provide feedback, share perspectives, and offer suggestions. This initiative is integral to the Bank’s ongoing commitment to serving business…
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ivo Energy Uganda, the distributor of Shell-branded fuels and lubricants in Uganda, has announced the launch of its Shell V-Power campaign in Uganda today. This campaign, according to a media statement by the company, “marks a significant milestone in providing motorists with an unparalleled driving experience while highlighting the three essential benefits of Shell V-Power fuel: unbeatable performance, unbeatable cleaning, and unbeatable protection for your vehicle’s engine”. “Shell V-Power is not just a technical achievement; it’s a premium brand with a rich heritage dating back to 1998. Crafted in partnership with the renowned Scuderia Ferrari racing team, Shell V-Power has…
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Uganda’s Minister of Education and Sports, as well as the First Lady, Janet Kataha Museveni, has applauded Victoria University for “future-proofing of the education system through technological innovation and advancement that is reshaping industries, economies as well as the way people live”. This was during the university’s 7th graduation ceremony at the Kololo Independence Grounds, on September 14th 2023. In a speech read for her by the Deputy Parliament, SpeakerRt. Hon. Thomas Tayebwa; the First Lady said that skills and knowledge are no longer sufficient to navigate the challenges and opportunities of the future and a highly competitive job market,…
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Stanbic Bank Uganda’s Head of Marketing Daniel Ogong has been named by peers as the African Marketing Confederation (AMC) Professional of the Year—2023. Ogong was handed the coveted honour last Saturday at the end of the 2nd Annual AMC Conference which was hosted by the Uganda Marketers Society (UMS) at the Imperial Botanical Beach Hotel in Entebbe from 6th to 9th September and climaxed with an award ceremony. The AMC Awards celebrate and acknowledge the remarkable achievements, cutting-edge innovations, and exceptional leadership demonstrated by outstanding individuals within the marketing realm across the expansive African region. “For the AMC Marketing Professional…
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Academic Families will on the 25th of September 2023, at Sheraton Kampala, Hotel host an enlightening education fair, aptly themed the ‘Overseas Boarding Schools Expo. CEO East Africa Magazine interviewed Lorna Clayton, Managing Director, and Founder of Academic Families, who shared insightful details about the fair. Specifically, she provided valuable advice for parents offering a glimpse into what they can eagerly anticipate. What is Academic Families? Academic Families is a UK-based education consultancy placing international pupils in UK boarding schools. Our premier placement service (British Council Distinction), coupled with our AEGIS-accredited guardianship, enables families to choose the best-matched school for…
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With the third round of the quarterly Katogo Golf Series approaching at Entebbe Golf Club on September 30, title sponsors I&M Bank have welcomed more partners to join them on what the bank says, is a “satisfying journey of discovery and bettering the game of golf in Uganda”. The three new sponsors are Merca Limited (distributors of Renault vehicles in Uganda), GA Insurance, and Rwanda Air. “As anchor sponsors, we have worked day and night to give the Katogo Golf Series the befitting standards it deserves. The partnership has yielded amazing success, but we are aware that we can elevate…
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