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…
Hariss International Limited, the makers of Riham products, is currently undergoing a significant leadership transition on the back of investing in a new manufacturing plant to keep up with the demand for its expanded product line. With a product portfolio of more than 50 refreshing drinks, snacks, and sweets available across East Africa, Hariss has evolved from being the bakers of Uganda’s favourite biscuits to becoming a major player in the regional food and drink sector. A new team at the helm of the manufacturing powerhouse can only mean the company has chartered a course for the next chapter of…
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Kobo360 defines itself as Africa’s leading supply chain technology platform. In simple terms, what does that mean? What problems do you solve? Kobo360 is a tech-enabled logistics platform that connects cargo owners with freight forwarding partners. With just a few clicks on our seamless mobile and web applications, cargo owners can simply request any truck type of their choice and have their goods picked up and delivered to the required destination. Our company uses an Artificial Intelligence (Al) enabled omnichannel platform to connect cargo owners to verified transporters, thus providing reliability, visibility, efficiency, prompt payment, on-demand insurance, and other value-added…
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GA Insurance Uganda Limited has appointed Mrs. Shakira Shamim Mujuni as its Chief Executive, Operations effective May 2023. She brings to GA Insurance over 10 years of experience and “a proven track record of success in driving business growth and delivering exceptional results with a special knack for customer excellence”, according to a statement from GA. Her other skills include organisational management, customer service, strategic planning, At GA, Ms. Shakira will be responsible for the overall budget and operations of the company as well as driving “strategic corporate targets, delivering on brand value, achieving the required service delivery objectives, developing…
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PostBank Uganda has appointed Doreen Asaasira Muhangazi as its Chief Human Resource Officer. Her appointment took effect, February 2023. Doreen joins PostBank from Sanlam Life Insurance (Sanlam Group) where she has been the Regional Human Resource Executive, based in Nairobi, Kenya. Doreen launched her people-shepherding career at the Office of the President in Uganda as an HR Assistant. She then went on to work with Centum Investment Company Limited in Kenya as a Senior HR Business Partner for five (5) years before joining Sanlam, first as Head Of Human Resources at Sanlam Life Insurance(U) Limited. She later moved to Nairobi…
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On Thursday, May 18, 2023, I&M Bank Uganda, in collaboration with the ACI- Financial Markets Association of Uganda, hosted a successful Treasurer’s Forum at the I&M Bank Head Office, at Kingdom Kampala. The Treasurer’s Forum, which serves as the constituent technical arm of the Uganda Banker’s Association on Financial Markets-related matters, brought together Heads of Department for the Treasury/Global Markets function of commercial banks in the country. Held once every month, the Treasurer’s forum recognises that a well-functioning financial market is crucial to the growth of the Ugandan economy, and the overall financial services sector. The main objective of the…
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In April 2023, Moses Musinguzi was appointed Head of Operations at SafeBoda, one of Uganda’s iconic startups heading a team of 56 people. The ride-hailing giant has a habit of promoting from within, and Moses’ case is no different. Becoming head of operations was 9 years in the making. His story with SafeBoda began in 2014 when he joined as the startup’s first-ever driver. But this promotion is not his first rodeo at overcoming odds. In fact, he has been overcoming the odds his entire life. Growing up, Moses’ life was chaotic. He is the only child of his mother,…
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Vivo Energy Uganda, the distributor and marketer of Shell-branded fuels and lubricants in Uganda, has today awarded over 400 of its high-performing truck drivers and six (06) transporter companies at its annual Drivers’ and Haulier’s League award ceremony held in Kampala, under the theme: “Goal Zero, Every day.” The Drivers’ and Hauliers’ League awards, now running for more than 20 years in Uganda, is a structured process for measuring the performance of the drivers’ road safety behaviour and compliance. The drivers’ performance is scored every month, with quarterly awards that culminate in an annual recognition. The drivers are categorised into…
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The National Social Security Fund (NSSF) on Monday, May 15th announced the 2023 edition of its NSSF Kampala Hills Run, its flagship charity run aimed at mobilising funds to improve learning conditions in public primary schools through refurbishment, sanitation, and provision of digital labs. The NSSF Kampala Hills Run returns after a two-year hiatus, mainly due to COVID-19. It will take place on Sunday, 2nd July 2023 at Kololo Independence Grounds traversing selected hills of Kampala, covering 21km. Patrick Ayota, NSSF’s Ag. Managing Director said that the run was in line with its community interventions agenda that focuses on Health,…
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African asset financing startup, M-Kopa has raised a combined equity and debt round of at least $250m, the company announced on Monday. This is one of the biggest single funding rounds raised by an African startup. M-Kopa will use this funding to continue its Africa-wide expansion and increase its 3m users in Kenya, Uganda and Nigeria. This funding round attracted Standard Bank, Africa’s largest bank by assets, who sunk $100m into the debt round. The rest of the debt round was supplied by development financial institutions the International Finance Centre (IFC), FMO which is a Dutch development Bank and British…
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In the last week of this year’s first term, I downloaded an app called Kawu. Using the app, I was able to send pocket money to a distant relative in her Senior Five at Budo SS. By just plugging in their card number, I got the image and other details of this relative. And in a flash, the transfer was made. This is not a testimony that is reserved for me. Plenty of other people can attest to enjoying these services. I engaged with a parent, who declined to be named, over a phone conversation about Kawu. A single mother,…
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