Company News

Sustainable Banking⏤ Sustainability Standards And Certification Initiative (SSCI) admits Uganda’s Housing Finance Bank 

Muhereza KyamuteteraCompany NewsNews & AnalysisSeptember 5, 2023September 5, 2023

Housing Finance Bank (HFB) has received a Certificate of Acceptance to the Sustainability Standards and Certification Initiative (SSCI) during the 10th Global Sustainable Finance Conference recently held in Karlsruhe, Germany. …

SanlamAllianz⏤ a USD1.8 bn joint venture between Sanlam and Allianz gets regulatory nod  to operate in 27 African markets 

Muhereza KyamuteteraCompany NewsThe Big StorySeptember 5, 2023September 5, 2023

Sanlam, Africa’s largest non-banking financial services provider, and Allianz, one of the world’s leading insurers and financial services providers are pleased to announce that they have received regulatory approvals for…

ITR World Tax 2024: Birungyi, Barata and Associates, ranked  Uganda’s leading law firm on tax and transfer pricing

The CEO Magazine TeamCompany NewsLegal & JusticeSeptember 1, 2023September 1, 2023

Birungyi, Barata and Associates (BBA), a Ugandan tax advisory and tax law firm has been named among Uganda’s top 12 tax law firms and consultancies in the 2024 edition of…

MSI Global Alliance appoints Isaac Ssali Mugerwa as its Africa Regional Representative 

Muhereza KyamuteteraCompany NewsLegal & JusticeSeptember 1, 2023September 1, 2023

MSI Global Alliance (MSI), a prestigious leading international association of over 250 independent legal and accounting firms in more than 100 countries, has appointed Isaac Mugerwa, a Senior Partner at…

Former MTN CEO Wim Vanhelleputte Set to Take Over as Safaricom Ethiopia CEO

Jonathan N. LubwamaC-Suite LeadershipCompany NewsEast AfricaNews & AnalysisAugust 31, 2023August 31, 2023

Safaricom Ethiopia has announced the appointment of Wim Vanhelleputte as its new Chief Executive Officer, effective from September 1st, 2023. Vanhelleputte, the former CEO of MTN Uganda, will succeed Anwar…

I&M Bank Uganda appoints Robin Bairstow as CEO

Muhereza KyamuteteraC-Suite LeadershipCompany NewsThe Big StoryAugust 31, 2023August 31, 2023

The Board of Directors of I&M Bank (Uganda) Limited has announced the appointment of Mr. Robin Bairstow as the Chief Executive Officer (CEO) effective August 2023. The appointment is subject…

I will definitely buy⏤ Billionaire Sudhir Ruparelia endorses Airtel IPO

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryAugust 30, 2023April 1, 2024

Billionaire businessman as well as the largest Ugandan and individual equities investor on the Uganda Stock Exchange has endorsed the Airtel Uganda IPO, saying that it is a good buy….

RISING UGANDAN EXECUTIVES: Max Manzi, Head of Legal and Company Secretary for BRAC Uganda Bank Ltd

Muhereza KyamuteteraCompany NewsExecutive ProfilesAugust 30, 2023August 30, 2023

Max Manzi is the Head of Legal and Company Secretary for BRAC Uganda Bank Ltd. effective 02nd January 2023. BRAC Uganda Bank Ltd is a Tier 2 Credit Institution licensed…

Airtel Uganda shares go on sale today: Here are key facts, figures and dates that you must know

Muhereza KyamuteteraCompany NewsThe Big StoryAugust 30, 2023August 30, 2023

Airtel Uganda, will today, August 30th 2023, at 10 am, begin selling  8 billion shares (20% of the issued 40 billion shares) for UGX100 each, also known as IPO, in…

Income Tax(Amendment) Act 2023: Repeal of investment incentives could hamper industrialisation and job creation efforts

Mark RuhindiBusiness & MarketsCompany NewsThought LeadershipAugust 28, 2023August 28, 2023

The Income Tax(Amendment) Act 2023 has repealed Section 27A of the Principal Act which provided for initial allowances as a fiscal policy geared at enabling investors in industrialisation and manufacturing…