News & Analysis

I&M Bank’s Andrew Ssekamwa named Young CFO of the year

CEO ReporterNews & AnalysisOctober 29, 2022October 29, 2022

On Thursday October 27, I&M Bank Chief Finance Officer (CFO) Andrew Ssekamwa, was named the Young CFO of the year at the sixth Edition of the annual Chief Finance Officer…

UDB releases impressive Q3 results, gross loans run to UGX1.18 trillion

Nelson NambooleNews & AnalysisThe Big StoryOctober 28, 2022October 28, 2022

Uganda Development Bank Ltd (UDB), the country’s national Development Finance Institution, has released its Quarter Three (Q3) of 2022 results highlighting solid growth as the Bank continues to facilitate economic…

WHO IS WHO: Meet the Winners of 2022 Chief Finance Officers Awards

Nelson NambooleNews & AnalysisOctober 28, 2022October 31, 2022

The Association of Chartered Certified Accountants – ACCA in partnership with Deloitte Uganda have announced the winners of seven categories of Chief Finance Officers Awards. The 6th edition of CFO…

Airtel Africa Registers Double Digit Revenue Growth for half year ended 30 September 2022

CEO ReporterNews & AnalysisThe Big StoryOctober 27, 2022October 28, 2022

Airtel Africa has released half year ended 30 September 2022 results indicating double digit revenue growth by 12.9% in the first half and 12.7 for Q2,23. Constant currency growth rate…

Bwepwa: Housing Finance Bank Launches Remote Account Opening via HFB Mobile Banking App

CEO ReporterNews & AnalysisOctober 26, 2022October 26, 2022

Housing Finance Bank Uganda (HFB) has officially launched their account opening service available on their Mobile Banking App, in a campaign dubbed “Bwepwa”. The HFB Mobile Banking App is a…

Wena Hardware: How Vaolah Amumpaire is providing Building Solutions to Ugandans in the Diaspora

David KangyeNews & AnalysisThe Big StoryOctober 26, 2022October 26, 2022

In 2017, Vaolah Amumpaire was working as a sales agent for a wheat making company. One of her roles was to increase the distribution network for the company in places…

Businessman Shumuk Convicted on Six counts of Fraud

CEO ReporterNews & AnalysisOctober 25, 2022October 26, 2022

Buganda Road Court in Kampala has convicted Shumuk Investment Limited Executive Director Mukesh Shukla aka Shumuk on six counts of uttering false documents. The charges stem from a false document…

Uganda Baati wins Best-Quality Iron sheets award at the 2022 People’s Choice Quality Awards

CEO ReporterCompany NewsNews & AnalysisOctober 24, 2022October 24, 2022

Uganda Baati Limited has been recognized with the 2022 People’s Choice Quality Award for providing the Best Quality Iron Sheets on the market. “Uganda Baati has been a proud recipient…

STRATHMORE UNIVERSITY BUSINESS SCHOOL ALUMNI CHANGING THE WORLD: Aitham Sultan, General Manager, The Motorcenter East Africa Limited

CEO ReporterNews & AnalysisOctober 24, 2022October 24, 2022

PROGRAMME: Senior Management Development Program (SMDP) Aitham Sultan is a polished business leader, with over 20 years of experience in, what he describes as, “delivering customer value.” 14 out of…

President Museveni launches Dei Biopharma’s pharmaceutical manufacturing plant

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryOctober 22, 2022October 22, 2022

President Yoweri Museveni, on Friday, October 21, commissioned the Dei Biopharma manufacturing facility in Matugga, near Kampala. The pharmaceutical plant will produce high-quality yet affordable medicines across a range of…