News & Analysis

Centenary Bank re-commits support for the Masaza tournament as Bulemezi wins the 2023 Masaza Cup

CEO ReporterCompany NewsNews & AnalysisOctober 30, 2023October 30, 2023

Centenary Bank has re-echoed its commitment towards the Masaza Cup tournament. This was confirmed by Micheal Jjingo, General Manager of Commercial services at Centenary Bank, as he handed over a cheque…

Uganda’s Social Security Fund, NSSF, to acquire 10.55% of Airtel Uganda at UGX199 bn

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryOctober 27, 2023October 27, 2023

Uganda’s National Social Security Fund (NSSF) is to acquire 10.55% of the total shares outstanding of Airtel shares in the ongoing Initial Public Offering (IPO) for a consideration of UGX199…

CEOs urged to embrace sustainable practices to curb climate change effects

CEO ReporterC-Suite LeadershipNews & AnalysisOctober 26, 2023October 26, 2023

In bid to curb climate change effects in Uganda, CEOs have been urged to integrate sustainable practices in their business model to avert risks associated with climate change. The call…

Airtel Uganda sweetens IPO by doubling bonus shares to “strengthen the participation of all Ugandans”

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryOctober 24, 2023October 27, 2023

With three days left to the closure of the Airtel IPO, the telco has today announced that it is sweetening it is further sweetening its incentivisation structure, a move, the…

Castrol, RUBiS Energy partner to launch wide range of oil lubricants

CEO ReporterCompany NewsNews & AnalysisOctober 24, 2023October 24, 2023

Castrol and RUBiS Energy Uganda have partnered to launch Castrol oil lubricant products in Uganda. The lubricants, which will be sold at over 54 RUBiS Energy Uganda stations countrywide, are…

MAN OF GRIT: How Isaiah Rwanyekiro beat colon cancer and is rising to become one of Uganda’s domestic tourism champions

CEO ReporterExecutive ProfilesHospitality & TourismNews & AnalysisThe Big StoryOctober 23, 2023October 23, 2023

“The first thought that ran through my mind the moment I was hit with the news of the diagnosis is; I could die much sooner than I thought.”

Everything you need to know about Islamic banking ⏤ a Q&A with Salaam Bank’s CEO, Michael Mande  

Muhereza KyamuteteraC-Suite LeadershipCEO PerspectivesNews & AnalysisThe Big StoryOctober 23, 2023October 23, 2023

He has played a pivotal role in the seamless acquisition of Top Finance Bank by Salaam African Bank S.A, headquartered in Djibouti and subsequent transition into a fully-fledged Islamic financial…

Uganda’s exports in August increase but trade deficit persists

CEO ReporterNews & AnalysisOctober 23, 2023October 23, 2023

On a country specific level, the United Arab Emirates remained Uganda’s largest destination of exports during the month accounting for 21.9% of the total value of merchandise exported.

EXCLUSIVE: Tropical Bank’s MD and ED placed under investigation by the Inspectorate of Government, over alleged mismanagement and conflict of interest

The CEO Magazine TeamNews & AnalysisThe Big StoryOctober 20, 2023October 20, 2023

The Inspectorate of Government is investigating the Managing Director of Tropical Bank, Mr. Abdulaziz M.A. Mansur and the Ag. Executive Director, Mrs Joweria Mukalazi over what it says is “gross…

URA intercepts 500 bags of smuggled cement in Jinja

CEO ReporterNews & AnalysisOctober 20, 2023October 20, 2023

URA customs officials in Jinja have confiscated a consignment of 500 bags of cement that were being smuggled in two trucks. The officials got intelligence that a notorious cement smuggler…