In a financial sector often driven by balance sheets and bottom lines, Joseph Mugume has spent 25 years proving that sustainable growth begins with people. As Chief Executive Officer of...
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…
This week, MTN Uganda, the largest telco, announced they are rolling out its Chief Community Officer initiative, a network of nationwide community leaders who will work together with MTN to build stronger connections between MTN and the communities it serves. By doing so, MTN hopes to create a better future for its customers, the communities and Uganda, that we all call home. In the same vein, the telco seeks to identify, recognise and celebrate business leaders and hustlers, doing their best to change their lives and those of the people around them. Somdev Sen, the MTN Uganda Chief Marketing Officer,…
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MTN Uganda is taking its community engagement initiatives to the next level with the appointment of Chief Community Officers (CCOs). CCOs, according to MTN, “are dynamic and passionate individuals who will be at the forefront of MTN’s efforts to better understand the needs and aspirations of various communities throughout Uganda”. With a deep commitment to serving their fellow citizens, the CCOs will be instrumental in building stronger connections between MTN and the communities it serves. Through their tireless efforts, they will gain invaluable insights into the challenges facing Ugandans, as well as the opportunities for growth and development that exist…
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Airtel Uganda has today announced that their Smartphone Network is now ready for the trailblazing 5G technology. The development was announced at their Clement Hill office by the Managing Director, Mr. Manoj Murali. 5G is the 5th generation mobile network that enables a new kind of network that is designed to connect virtually everyone and everything together including machines, objects, and devices at very high speeds. It delivers higher multi-Gbps peak data speeds, more reliability, massive network capacity, increased availability, and a more uniform user experience to more users. 5G can support a significantly higher number of devices per square…
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Ecobank Transnational Incorporated (ETI) has appointed Ghanaian career banker, Mrs. Josephine Anan-Ankomah as the Regional Executive, Central, Eastern and Southern Africa (CESA) and Managing Director, Ecobank Kenya. Mrs. Anan-Ankomah has been the Ecobank Group Executive, Commercial Banking. She has served the Bank for the past 30 years in various capacities and replaces Mr. Cheikh Travaly who retired at the end of 2022 after attaining the mandatory retirement age of 60 years by Ecobank Group policy. Josephine, who is a Fellow of the Association of Chartered Certified Accountants, holds an MBA in Finance and a Bachelor of Arts in Economics and…
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The I&M Bank Uganda branch at Kingdom Kampala is a 2-in-1 branch with a Corporate Banking centre and a Select Banking branch. The Corporate Banking centre is spacious and designed for comfort and personalised service. For corporate customers, the I&M Select Banking Service centre offers specialised financial advisory services by I&M Burbidge Capital (IMBC), the investment banking arm of I&M Group. The futuristic Kingdom Kampala Branch has been designed to reflect the bank’s digitisation agenda and dedicates more space and time for consultations, and advisory services, while more and more of the transactional services like deposits and withdrawals for both…
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The Petroleum Authority of Uganda (PAU) has been recognised as the petroleum regulator of the year in Sub-Saharan Africa. The award was presented to Mr. Ernest Rubondo, the Executive Director at the PAU, during the 7th Annual Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) which took place in Lagos Nigeria between 13th – 16th February 2023. SAIPEC is one of leading oil and gas conferences in Africa and was attended by over 400 participants including over 100 companies showcasing their products and services to industry professionals. The PAU was selected from amongst other petroleum regulators from Nigeria, Liberia,…
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Kyosk Digital Services – Uganda this afternoon visited Wakisa Ministries Uganda located in Wakiso and handed over a donation worth 7,000,000/= Wakisa Ministries Uganda is an information and counselling facility for girls facing unwanted pregnancies. The organisation addresses their emotional, physical and spiritual well-being while providing temporary shelter, counselling and care services, providing opportunities for Christian growth and discipleship and equipping them with life and vocational skills, thus transforming the lives of this vulnerable group. Many girls in Uganda drop out of school involuntarily due to unwanted pregnancies. Even after giving birth, these girls cannot go back to school. At…
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Coca-Cola Beverages Uganda (CCBU) through its initiative, Plastic Recycling Industries (PRI) has today partnered with Stanbic Bank Uganda to further reduce plastic waste in Uganda. This partnership is part of CCBU’s environmental sustainability programme that seeks to create a world without waste. CCBU, which is part of The Coca-Cola Company, shares in the larger Group’s ambition of making 25% of its packaging reusable by 2030, collecting for recycling the equivalent of 100% of packaging sold and creating packaging that is at least 50% recycled material by 2030. This is as a 2022 report by the National Research Repository of Uganda…
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Ugandans working in Blockchain-related fields have been called to maximise their potential by coming up with digital solutions to the day-to-day problems afflicting the country. They were urged to take time and design market-ready products while leveraging the untapped opportunities of the new technology in Uganda and Africa. This call was made by Mr Awel Uwihanganye, the head of Leo Africa Institute while addressing a group of 20 trainees who completed a course in Blockchain in Kampala. The training under the Blockchain Innovation Program was facilitated by tech-centric finance firm, CapitalSavvy in partnership with the BSV Blockchain Association and the…
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Stanbic Bank Uganda has won the Bank of Uganda (BoU) award for ‘Best-performing Primary Dealer Market Maker (PDMM) for 2022, becoming the first to earn the honour for a record 11 times, since its inception eighteen years ago. “Primary Dealing” refers to a commercial bank directly buying government securities from the central bank and retailing them to the rest of the market (secondary market) to help raise revenues to support government spending. In 2005, BoU launched the primary dealer (PD) system to promote participation and operational efficiency in the government securities market, improve secondary market trading and foster financial market…
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