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…
God works miracles and this is what has happened to the life of a 6-year-old whose story went viral through NTV Uganda news During the story, Shakur Omiat was featured collecting empty water bottles to sell and get money to look after his weak grandmother, Christine Asio. Hon. Steven Keddi through his Keddi Foundation has reached out to the boy at his family in Kinomu I Village in Pallisa Town Council, Eastern Uganda. The foundation has offered Shakur Omiat a full scholarship from Primary to University and thereafter a job at Keddi Foundation. The foundation will also build a three-bedroom…
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Uganda Baati Limited, a member of the Safal Group, has donated 700 roofing sheets and all other accessories worth UGX 51,000,000 towards the construction of North Ankole Mission Hospital. The UGX4.2 billion health facility is being constructed by North Ankole Diocese, in Rushere Town Council, Kiruhura District. The hospital project was started in 2020 and is expected to be completed by the end of 2023. Once complete, the North Ankole Mission Hospital will enable the Diocese to deliver health services to the people of Kiruhura, Kazo, Ibanda districts and surrounding areas as a support structure to the Government hospital of…
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Dr. Andrew Muleledhu Lukanda has been appointed as the CoRSU CEO effective December 1st, 2022. Dr. Lukanda has over 16 years of experience in Clinical and Health Organisations. Prior to his appointment, he was the Deputy Medical Director, Mengo Hospital in Uganda where he has been “instrumental in setting up effective hospital systems and securing grants from various individuals and corporate donors from Uganda and the international community”. CoRSU Hospital was established in 2009 as a non-profit organisation to help with the rehabilitation and preventative health care for persons with disabilities in Uganda. The organization has to date carried out over 32,256 surgeries and…
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Following the resignation last week, of Mathias Katamba from dfcu Bank, the bank has appointed William Sekabembe, hitherto, the bank’s Executive Director & Chief Commercial Officer as its interim head. “The Board and Directors of dfcu Limited, informs its shareholders and the public that Mr. Mathias Katamba, Chief Executive Officer and Managing Director of dfcu Bank Limited (a subsidiary of dfcu Limited) has tendered in his resignation to the dfcu Bank Board, effective 31st January 2023,” Jimmy Mugerwa, the Chairman, dfcu Limited said in a 10th January 2023 public announcement. “In the interim, the Executive Director, Mr. William Sekabembe, will…
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BRAC International has appointed Spera Atuhairwe, as its Director for Uganda, effective December 12, 2022. BRAC Uganda, is one of the largest non-governmental development organisations in Uganda, since its launch, in 2006. The organisation, implements six thematic programmes in health, education, ultra-poor graduation, emergency preparedness and response, empowerment and livelihood for adolescents, and financial inclusion. According to a media release by the organisations, “Atuhairwe’s career in the development sector spans over 20 years with demonstrated experience and expertise in strategic planning, institutional development and partnership building”. “She has vast experience in fundraising, financial management, gender and social inclusion, people management,…
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Joyce Alinga, a resident of Aujongor Village, Obalanga Sub-County in Kapelebyong district conceived during the covid-19 lockdown in 2021. The 21- year- old of senior three students gave birth to conjoined twins in Amuria Health Centre IV in Amuria District by cesarean section. Looking at the conjoined twins, the health officials referred the children to Soroti Regional Referral Hospital. However, the matter seemed too complicated for the Soroti Hospital. It sent the case to Mulago National Referral Hospital, Mulago. Unfortunately, the doctors at Mulago were too busy to attend to them in time, compelling the twin’s grandfather Paulo Oluo to…
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Two Justices of the Appellate Court have directed the Daily Monitor newspaper to pay Pius Bigirimana, a total sum of UGX450 million as compensatory damages for defaming him in a series of articles published on several dates between 2012 and 2015. Bigirimana at the time served as the Permanent Secretary to the Office of the Prime Minister before he was transferred to Gender Ministry in the same capacity. Currently, he is the Permanent Secretary to the Judiciary. The judgment delivered on Thursday, 5th January 2023, by the court’s Deputy Registrar followed an appeal by Daily Monitor, challenging the judgement of…
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&M Bank Uganda has tapped on the services of Joseph Biryahwaho, a banker with over 17 years of experience, as its new Head of Risk. He took on a new job beginning 9th November 2022. Prior to joining I&M Bank Uganda, he was the Head of Risk Management at FINCA Uganda Limited (MDI) where he worked since January 2020. Joseph started his career as a Credit Officer with Faulu Uganda in 2005, before moving to Stanbic Bank Uganda in 2008. At Stanbic, he served in various roles and rose through the ranks to head the Risk Management function as Head…
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Aquafina is available in a 500ml pack at a recommended retail price of One Thousand Uganda Shillings (1000 UGX) only, countrywide. Aquafina is the first international water brand in Uganda. Aquafina is bottled at the CBL’s state-of-the-art USD76 million (UGX279 billion plant) at Kakungulu, Ssisa, off the Entebbe Expressway. This is CBL’s second plant, after the legacy Nakawa plant, which has undergone several extensions and upgrades. The plant was financed by Citibank and Stanbic, to the tune of USD 50 million. The remaining USD26 million was shareholder re-investment into the business. Alongside Aquafina, the plant also bottles other CBL products-…
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By Primrose Kobusingye On November 27, 2022, the world woke up to the grim news of the passing of Rupert Scofield (73). He has been described as the founder of micro-finance. In 1984, along with John Hatch, Rupert conceived an idea to form a village bank that gives people access to no collateral loans through a collective guarantee. This marked the start of the Foundation for International Community Assistance commonly known as FINCA whose impact has spread to 5 continents and 17 banks and Microfinance institutions across the world with a major focus on women. FINCA is a catalyst for…
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