Company News

Airtel Africa Taps Former Amazon Web Services’ Yashnath Issur As CEO for Nxtra, Its New Data Centre Business

Muhereza KyamuteteraC-Suite LeadershipCompany NewsGlobal NewsNews & AnalysisThe Big StoryDecember 5, 2023December 5, 2023

Airtel Africa today has launched, Nxtra by Airtel (“Nxtra”), a new data centre business founded on what the telco says is a “commitment to meet the continent’s growing needs for…

Ronald Makata appointed Chief Finance & Value Management Officer of Stanbic Bank Uganda

The CEO Magazine TeamC-Suite LeadershipCompany NewsExecutive ProfilesThe Big StoryDecember 5, 2023December 5, 2023

Ronald Makata has been named new Chief Finance and Value Management Officer for Stanbic Bank Uganda replacing Abraham Ongenge who has since moved to Stanbic Bank Kenya as the Executive…

I&M Bank Uganda and Mastercard, partner to transform banking and payments experience for Ugandan customers

Muhereza KyamuteteraBanking & Financial ServicesCompany NewsNews & AnalysisDecember 4, 2023December 4, 2023

I&M Bank Uganda has announced its strategic partnership with Mastercard, a global leader in digital payments and technology. The collaboration aims to revolutionize the banking experience for customers by driving…

ABSA BANK UGANDA WINS 5 EUROMONEY CASH MANAGEMENT AWARDS: Here Are The Bank’s 10 Cash Management Executives Who Made It Happen

The CEO Magazine TeamCompany NewsNews & AnalysisThe Big StoryDecember 4, 2023December 4, 2023

Cash management falls under the Corporate and Investment Banking division of the bank. The bank’s vast array of cash management solutions includes payments (funds transfer,  regulatory payments, utility bill payments…

Customer service, credit scoring, content creation and talent matching: How three Ugandan businesses are harnessing the power of AI

The CEO Magazine TeamCompany NewsNews & AnalysisThe Big StoryNovember 30, 2023November 30, 2023

A 2023 World Economic Forum Future of Jobs report shows this form of artificial intelligence is automating millions of jobs with the hope of eventually changing the future of work….

I&M Bank invests $9m in digitalization of systems and services to improvecustomer banking experience

CEO ReporterBanking & Financial ServicesCompany NewsNovember 25, 2023November 25, 2023

It is now clear that the newly appointed I&M Bank CEO Robin Bairstow is a man on a mission, not only to grow I&M Bank Uganda into one of the…

Armada Credit Bureau granted 4th credit bureau license by Bank of Uganda

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryNovember 24, 2023November 24, 2023

To further ease and expand access to credit and promote financial inclusion, the Bank of Uganda, Uganda’s central bank, has licensed Armada Credit Bureau Limited as Uganda’s fourth credit bureau….

Umeme’s Florence Nsubuga switches to new role as Berkeley Energy’s Uganda CEO

CEO ReporterCompany NewsExecutive ProfilesThe Big StoryWomen In LeadershipNovember 23, 2023November 23, 2023

Florence Nakimbugwe Nsubuga, the long-serving Umeme Limited Chief Operating Officer, is leaving the the power distributor for a Country CEO role at Berkeley Energy Uganda Limited, CEO East Africa Magazine,…

EXCLUSIVE: Andrew Mashanda to leave Stanbic Uganda Holdings Limited Chief Executive Role

Muhereza KyamuteteraCompany NewsExecutive ProfilesThe Big StoryNovember 22, 2023November 22, 2023

After three years at the helm of Stanbic Uganda Holdings Limited (SUHL), Andrew Mashanda is set to leave the Chief Executive role, CEO East Africa Magazine can exclusively reveal. He…

PRODUCT OF THE WEEK: Enhancing Consumer Experience And Convenience With I&M Bank Uganda’s 24/7 Self-Serve Digital Pod

CEO ReporterCompany NewsNews & AnalysisNovember 22, 2023November 22, 2023

The growth and evolution of 24/7 banking such as internet and mobile banking is now a reality. There is however a big chunk of the economy that is still cash-based. …