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...
Nakasero Hospital, one of Uganda’s leading private healthcare providers has tapped Mulangira Geofrey to head its people function. Geofrey, has until his latest appointment, been the Human Resources Manager for Mengo Hospital- a member healthcare facility of the Uganda Protestant Medical Bureau (UPMB). He also served on the UPMB Executive Management Committee. UPMB is a faith-based national umbrella organization of all health facilities of the Protestant churches in Uganda. At a vital time when Nakasero Hospital is expanding both physically and in its services portfolio, he brings on board 17 years of working experience, 12 of them in senior leadership…
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Simpson Birungi founded Movit Products Ltd in 1997, starting with a makeshift workshop in Namasuba, Wakiso District. Since then, the company has grown into a multi-billion enterprise, becoming one of Uganda’s largest taxpayers with over 10,000 direct and indirect employees. Movit is now one of Uganda’s most recognizable brands, constantly innovating and delivering excellence in the hair, skin, and baby care categories. The company’s products are sold in close to 10 African countries, and it has a production plant in Zambia as well. Over the past three decades, Birungi has established himself as a successful entrepreneur. Movit’s journey is a…
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Before retreating to Zambia, Cornwell Muleya was a soft spoken executive with grand ambitions for Uganda Airlines after his appointment as an Acting Chief Executive Officer in 2019. He wasn’t a newcomer in the aviation industry having demonstrated similar experience working with airlines elsewhere across the continent. He had survived Covid -19 which paralyzed air travel, but couldn’t survive the office politics and its attendant consequences at Uganda Airlines. He left Uganda at the tail end of 2022. The Chemical Engineer and certified accountant is now at the lead of Zambia’s Industrial Development Corporation (IDC), the country’s investment holding company tasked…
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Name: Amos Nzeyi Source of Wealth: Carbonated Soft Drinks and Water, Hospitality & Tourism, Confectionaries & Real Estate Age: 75 years Estimated Worth: US$ 57 million (UGX200 billion) Amos is a Ugandan businessman, entrepreneur, and industrialist who started business at quite an early age. He has been in business for more than 50 years. Amos was born in 1947 in Kabale in what was then known as the Kigezi region. His father used to work at the White Horse Inn, the oldest and still one of the best hotels in Kabale, which the businessman has since acquired. He started selling…
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Kariuki Ngari, an accomplished Kenyan career banker with over 30 years of experience has been promoted to the role of Chief Executive Officer of the Standard Chartered Bank Africa region. The role is an additional responsibility, and a highlight in his career as he continues his role as Managing Director of Standard Chartered Bank Kenya. The seasoned financial professional has held various senior leadership roles across the banking industry at both Country ( Kenya) Cluster ( East Africa) Regional ( Africa, Middle East, Jersey) and Global ( Singapore-based). Kariuki’s professional career spans several positions in Retail, Corporate, Treasury and Risk…
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The Board of Directors of Diamond Trust Bank Uganda Limited (DTBU) has named Godfrey Sebaana, a seasoned banker with over twenty years of experience, as its new Chief Executive Officer and Managing Director. The appointment is effective April 2nd, 2024. Mr. Sebaana succeeds Mr. Varghese Thambi, who has driven the Bank’s transformation and growth since July 2007, and is retiring from the Bank at the end of March 2024 but will remain available for a time afterwards to ensure a smooth transition. Commenting on Mr. Sebaana’s appointment, Mr. Azim Kassam, the DTBU Board Chairman, said that the Bank is looking…
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East Africa Breweries Limited last week released its results for the first six months of its FY2024, showing that it registered an impressive 16% growth in net sales revenue from KShs57.3 billion to KShs66.5 billion. FY2024 runs from July 2023 to June 2024. 63% of this revenue (KShs41.9 billion) came from Kenya; 22% from Uganda (KShs14.63 billion) and 15% (KShs9.98 billion) from Tanzania. More importantly for Uganda Breweries Limited, the EABL subsidiary in Uganda, the results show that of all EABL country operations, Uganda registered the strongest net sales revenue growth in the 6 months to December 2023. Uganda’s net…
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Crown Beverages (Mauritius) Ltd has appointed Paddy Muramiirah, formerly, the Crown Beverages Uganda Chief Executive Officer to head its entry into the Kenyan market. Last week, we reported that the billionaire owners of Uganda’s Crown Beverages, Amos Nzeyi, Chris Kayoboke and Maggie Kigozi were close to acquiring SBC Kenya Ltd (SBC Kenya), a Kenyan beverages maker. SBC Kenya Ltd (SBC Kenya), which is fully owned by Kenya Bottling Company Limited, operates a bottling plant in Nairobi as an independent bottler for PepsiCo products within Kenya. In Uganda, Crown Beverages (Uganda) is the franchise bottler of global food, snack, and beverage…
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Ahead of the “The Journey to CIO” inaugural boot camp that starts on 24th January 2024, Peter Kahiigi, the Centenary Technology Services Ltd (Cente-Tech) Chief Technology Officer, has been unveiled as the second speaker. Also speaking at the boot camp is Dr. Rita Kabatunzi, currently, the Company Secretary, Stanbic Holdings Limited. She will be speaking about understanding board dynamics as an integral part of the journey of CIOs upwards. The Journey to CIO is a mentoring initiative aimed at “growing the pool of highly effective CIOs at home”, according to Elijah Kitaka, the brain behind the idea. Elijah Kitaka is…
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Serving as Chief Finance Officer is the dream for most finance professionals; could you please share with us your journey to becoming Chief Finance and Value Management Officer (CFVO) at the country’s largest lender, Stanbic Bank? It has been a typical banker’s career journey. I started in 2002, as a teller, with the then, Barclays Uganda (now Absa Bank Uganda). Through the years, I have been intentional about self-improvement, growing both technical finance and soft skills such as communication, interpersonal relations, and many others. I first joined the finance department in 2006 as a financial reporting officer—this role was the…
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