The Common Market for Eastern and Southern Africa (COMESA) Competition Commission has imposed a fine of USD 750,000 on global alcoholic beverages manufacturer Diageo Plc, the majority shareholder in East...
Uganda Baati (Safal Group) has appointed Jackie Tahakanizibwa as Head of External & Corporate Affairs, tapping a seasoned public policy, stakeholder engagement, and strategic communications leader to steer its public...
The insurance industry in Uganda underwrote UGX856 billion (USD227.8 million) in 2018- that is UGX73.60 billion (USD19.6 million) more than the Shs782.4 billion (208.2 million) underwritten in 2017. This is…
The Umeme Annual General Meeting, has today approved a UGX28.2 per share final dividend to all its shareholders for the year ended 31 December 2018. This, in addition to the…
Yes, they are all men. They are powerful. They run 8 of Uganda’s largest banks and they are paid handsomely too. The 8 CEOs are each paid on average a…
43 Managing Directors and Executive Directors of 23 of Uganda’s 24 banks, earned an average of UGX61 million or a combined UGX2.6 billion per month. This adds up to a total of UGX31.5 billion a year, according to painstaking research by CEO East Africa Magazine. Also read: https://www.ceo.co.ug/2018-ugandas-19-banks-rake-in-ugx790bn-profit-5-banks-still-loss-making/ According to the research, Barclays Bank’s CEO Rakesh Jha is the highest…
Dubai International (DXB) welcomed 22.2 million passengers in the first quarter of 2019, down 2.2% from the same period last year due largely to reduced flights and a shift in…
