When Soumendra Sahu took over as Managing Director and Chief Executive Officer of Airtel Uganda in December 2024, he stepped into one of the most competitive, politically sensitive, and fast-evolving…
The cardiology specialist on courage, focus, introverted leadership and finding her ikigai In this instalment of our Letters to My Younger Self series, Dr. Amanda Kamatamu Mbonye reflects on a…
At a glance, the careers of Uganda’s leading executives appear polished, intentional and perfectly sequenced. The kind of journeys young professionals imagine when they picture success. But behind the confidence…
In the second instalment of our Letters to My Younger Self series, Jackie Namara, a Chartered Marketer, reflects on a life and career that has spanned more than 25 years…
The Association of Chartered Certified Accountants (ACCA) Uganda and Deloitte Uganda last evening hosted the 9th Edition of the Chief Financial Officer (CFO) Awards at the Kampala Serena Hotel, celebrating...
Name: Godfrey Kalule Kirumira Source of Wealth: Fuel Retailing, Security, Hospitality & Tourism, Transport & Logistics, Financial Services, Education Services and Commodities Trading. Age: 60 years Estimated Worth: US$ 30 million (UGX105 billion) At 12 years of age, young Godfrey Kalule Kirumira had made up his mind to pursue the road to self-employment. He had been to school but that was not unfolding well. When he looked around, the idea of trading in cigarettes convinced him that it would be worth the salt. Those were the early 70s. By the end of the decade, one which was marred with a…
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Anne Juuko, the Chief Executive Officer of Uganda’s Stanbic Bank; Ruth Zaipuna, the Chief Executive Officer of Tanzania’s leading bank, NMB Bank Plc and Jane Karuku, the Group Chief Executive Officer of East African Breweries Limited, have been named amongst the second annual Africa.com Definitive List of Women Chief Executive Officers. The list that is run to mark International Women’s Day, by Africa.com, celebrates women who run big businesses in Africa. Data used to generate the list was sourced from Bloomberg according to the statement released by Africa.com. “In short, the list represents the women who run big businesses in…
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Can you start by telling briefly who is Service Cops? Service Cops is a regional Financial Technology and Business Processes Outsourcing solutions provider. Having been incorporated over ten years ago, Service Cops has grown to be one of the leading FinTechs in the region. Service Cops partners with over 16 commercial banks, 5 major telecoms, over 10,000 education institutions and several payment aggregators to deliver a stack of solutions in the banking and financial services, insurance and education sectors across the region. To put our solutions in context, over three million customers in the banking and financial services sector alone…
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Nation Media Group’s Business Daily has released its much-anticipated Top 40 Under 40 Male business executives for 2021 a list of 40 business executives, who according to the publication, have shown resilience amid an economic downtown. The Top 40 Under 40 is an annual selection of the most influential and progressive personalities who have left a mark in corporate Kenya and business. The team of Top 40 men were feted to a gala dinner at the Park Inn by Radisson Hotel in Nairobi. Each of the winners was awarded a lion head sculpture trophy. Alexander Oketch, Regional Projects Development Director-General…
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Anthony Ndegwa the Managing Director & Chief Executive Officer of NCBA Bank Uganda is leaving his position, effective next week, CEO East Africa has exclusively established. He is being replaced by Mr Mark Muyobo, the current Executive Director, Corporate Banking and Structured Solutions in an acting capacity. “Yes it is true he is leaving,” Mr Grace Jethro Kavuma the bank’s Board Chairman confirmed to this reporter on phone. “It is also true that Mark Muyobo has been appointed to replace him in acting, capacity,” Mr Kavuma also told this reporter. Mr Kavuma did not comment on why Anthony Ndegwa had…
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After finalisation of the share acquisition transaction, I&M Group has announced plans to rebrand its newly acquired business in Uganda, Orient Bank Ltd to I&M Bank (Uganda) Limited. I&M Group PLC’s acquisition of 90% shareholding in Uganda’s Orient Bank Ltd (OBL) forms part of its broader regional expansion plan towards its ambition of becoming Eastern Africa’s leading financial partner for growth. Orient Bank Chairman, Mr. Suleiman Kiggundu has promised a seamless and efficient transition as I&M Bank officially enters the Ugandan financial services market with “innovative services and reliable financial solutions.” PHOTO/Courtesy According to Kumaran Pather, the Managing Director / CEO of Orient Bank Limited,…
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The Minister of Works and Transport Gen. Edward Katumba Wamala has appointed veteran aviation management professional, Fred Bamwesigye as the substantive Director-General of the Uganda Civil Aviation Authority (UCAA). The Uganda Civil Aviation Authority is a government body responsible for licensing, monitoring, and regulating civil aviation matters in the country. The body manages Entebbe International Airport and other airports and aerodromes, both government and privately owned in the country. Mr Bamwesigye has been the Ag. Director-General of UCCA since July 2020 when the term of the then Director-General, David Kakuba expired. Before that, he was the Authority’s Deputy Director-General on 5th…
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In this one-on-one, the bank’s Chief Executive Officer Mathias Katamba talks about the good performance, how the bank is supporting economic recovery and what the customers should expect while doing business with dfcu. What is your assessment of the operating environment for period under review? The first half of the year has been mixed, characterized by a second wave of COVID-19 infections with new variants and the lockdown that was instituted to curb the rising pace of infections across the country and the resultant strain on the health sector. On a positive note, the economy continues to show signs of…
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Airtel Africa Group CEO-designate, Olusegun ‘Segun’ Ogunsanya, has been named the African Business Leader of the Year in the 2021 African Business Leadership Awards (ABLA). The awards are organized by African Leadership Magazine, a flagship of Pan-African, leadership-focused publication. Ogunsanya topped the category ahead of runner-up, Standard Bank Group CEO, Simphiwe Tshabalala. According to the organizers, Ogunsanya, who also won the Africa Industry Personality of the Year in 2020, was selected in a keenly contested three-step points-based process that included a call for nomination; online voting for shortlisted nominees; and the editorial board’s final review of nominations and voting submissions….
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Dr. Emannuel Mugisha, has been promoted to a worldwide leadership role of Global Director at PATH with effect from July 2021.He now leads a global project as Director, TyVac Project and Senior Technical Advisor for immunizations, with implementation activities in the African and Asian regions. In his new role he leads PATH’s global work on typhoid vaccine introduction and uptake, which PATH manages as a member of the Typhoid Vaccine Acceleration Consortium (TyVAC) member.Dr. Mugisha has been PATH’s Country Director in Uganda, providing linkages at the national, regional, district, and local levels for PATH’s work on HIV/AIDS, family planning, reproductive…
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