The Bank of Namibia has announced the appointment of Mr Nicholas Mukasa as Deputy Governor, marking a significant step in strengthening the central bank’s leadership as it navigates an increasingly...
Shareholders of MTN Uganda have overwhelmingly endorsed Charles Mbire for another term as Board Chairman, reaffirming confidence in his leadership during the company’s Annual General Meeting (AGM) on Friday Morning. ...
At least UGX 3.5 trillion is currently locked in unresolved commercial disputes within Uganda’s court system—capital that cannot be reinvested, circulated, or deployed productively in the economy. That stark reality...
The High Court has removed a key legal hurdle standing in the way of one of East Africa’s largest corporate transactions, dismissing an application that sought to block Diageo’s planned...
Nigeria’s Zenith Bank Plc has acquired 100 percent shareholding of Kenya’s Paramount Bank Limited, marking a significant expansion of the West African lender into East Africa’s banking sector. The Central...
PostBank Uganda’s agriculture loan book has registered commendable growth of 70% over a four-year period, from UGX 107 billion in 2021 to a 70% growth rate by June 2024. This…
Kampala, Uganda, August 8, 2024 – GardaWorld Security (“GardaWorld”), a global champion in security services, integrated risk management and cash solutions, has rebranded its Ugandan operations from KK Security to…
Experience the perfect blend of old-world charm and modern elegance at these captivating hotels. Infused with warmth and character, each hotel offers a unique and immersive experience for travellers. In…
She is a distinguished personal and business development consultant with over two decades of experience, dedicated to social entrepreneurship, counselling, personal development, financial literacy, business coaching and curriculum development. As…
In this interview with Muhereza Kyamutetera, the Executive Editor of the CEO East Africa Magazine, she shares important insights on why God and business mix so well and how best,…
Despite having received UGX578.4 billion (USD million) in capitalisation from the government of Uganda, part of which was to be used to settle his indebtedness with Equity Bank, controversial pharma-entrepreneur,…
Jumia Technologies AG, Africa’s e-commerce giant, has reported its financial performance for the second quarter of 2024, revealing a complex interplay of challenges and strategic responses. The company’s revenue for…
dfcu Bank’s CEO and leadership team have successfully concluded a series of customer engagement sessions in the Northern region of Uganda in the districts of Lira, Kitgum, Dokolo, Arua, Abim, Pader and Gulu. These engagements were part of dfcu Bank’s 60th anniversary celebrations and also dfcu Bank’s broader commitment to continue supporting economic development and fostering financial inclusion across Uganda….
Following the approval of its new structure, the Bank of Uganda has made changes in its management structure as well as key changes in its top management. In the changes,…
NCBA Bank Uganda posted an 18.4% growth in net profit for the 12 months ended December 2023⏤ a UGX4.3 billion growth from the UGX22.8 billion it posted in 2022, to…