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...
After serving two terms in office, Keith Kalyegira will this December step down. In this interview with CEO East Africa’s Muhereza Kyamutetera, he shares a variety of insights on his time at the capital markets authority, what needs to be done to accelerate the growth of capital markets and what is next after CMA. Let us start with a recap of the last 10 years at the helm of the Capital Markets Authority (CMAs); what would you say were your highs, lows, and key milestones/achievements? I think the main achievement that I’m proud of is the decision we made to…
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This October, Slyvia Mulinge made 1 year as MTN Uganda’s Chief Executive Officer. Sylvia, the telco’s first female Chief Executive Officer, started work on the 3rd of October 2022. Incidentally, this month, MTN Uganda also marks 25 years since it entered the Ugandan market. Amongst her key highlights, Sylvia has in this one year, maintained double-digit growth at the telco, which is Uganda’s largest, headlined by a 15% growth in service revenue ⏤ from data, fintech, voice and other sources, from UGX1.1 trillion in H1 2022 to UGX1.25 trillion in H1 2023.H1 2023, is her first full reporting period since she joined…
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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 was made during the 14th edition of the Annual CEO Forum held at Kampala Sheraton Hotel. Running under theme, “Navigating the Climate Crisis: A Call to Action,” the 2023 CEO Forum attracted over 100 business leaders and key decision makers who convened to deliberate on key issues that not only drive organization success but champion sustainability conversation in the society. Country Team Leader, CEO Summit Uganda, Stephen Mukasa, urged CEOs…
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Are you ready to take the leap from being a job seeker to becoming a job creator? Brace yourself for an exhilarating journey filled with challenges that will test your grit, tenacity, and resilience. While the road might be tough, remember this: every obstacle you overcome brings you closer to realising your dreams. Picture this: you’ve decided to step away from the comfort of being an employee and dive into the world of entrepreneurship. It’s a daring move that demands courage. Yes, it might mean bidding farewell to your current job, but it’s in the pursuit of something greater –…
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On 22nd December 2022, the Reserve Bank of Malawi (RBM) approved the conditional offer by Centenary Group in consortium with the Archdiocese of Lilongwe to acquire MyBucks. On 6th March 2023, the RBM granted a full banking license to the Consortium under the new subsidiary, Centenary Bank Limited. The Bank was officially launched on 22nd March 2023. To lead the bank, the Group retained Mrs Zandile Shaba, the former Managing Director of MyBucks. Zandile is a veteran banker with a rich experience in Southern Africa. Between 1997 and 2010 she was Managing Director for BancABC in Mozambique, Zambia and then…
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Following a spirited four and a half years as the Country General Manager of Interswitch in Uganda, Peter Kawumi has been elevated to the Regional Managing Director, East Africa. In that role, Peter will “assume responsibility for strategic, sustainable growth and consolidation of all our businesses and initiatives within East Africa,” according to an Interswitch Group statement on its LinkedIn page. Interswitch Group is Africa’s leading home-grown digital payments and e-commerce company. “Peter brings a wide range of experience in digital channel utilisation, customer acquisition, scaling plans in consumer services, developing and commercialising products and solutions. We believe the…
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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 institution and rebranded as Salaam Bank Limited. He also led the bank to obtain the first Islamic Banking License from the Bank of Uganda on September 8th, 2023. He holds over 13 years of executive leadership and operational expertise. He has undergone rigorous training at esteemed institutions such as the CEO Summit, Strathmore Business School, Busara Leadership Partners in South Africa, and the Rise School in Nairobi among others. I…
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We are now comfortably past H1 2023. Quickly take through an understanding of how the year has been. Have you been able to maintain 2022’s tempo? The year started sluggishly. It wasn’t easy. But by the time we finished the first six months, we were progressing quite well. Looking at the bottomline, we had achieved UGX165 billion, which is about UGX20 billion above budget and we’re hoping that we’ll be able to maintain that momentum. We expect to be, slightly above our budget for the year. By the end of June 2023, we had mobilised UGX4.6 trillion in deposits, again,…
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The role of the CFO is fast-evolving to that of a Chief Value Officer (CVO). What unique challenges and opportunities does this present in the context of a central bank? The CFO role in a central Bank is a very diverse one. It goes beyond being an ordinary CFO. The team you lead is also very diverse and half of the team are not actually finance professionals. For instance, the CFO heads the Agricultural Credit Facility (ACF) and other schemes which have nothing to do with accounting and the staff are agricultural financing specialists. You also lead the National Payments…
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Uganda’s central bank, Bank of Uganda has approved the appointment of Robin Bairstow as Chief Executive Officer of I&M Bank Uganda. Robin was appointed by the I&M Group Plc as CEO in September 2023, pending regulatory approval, to lead the bank’s quest to become Uganda’s “leading financial partner for growth”. He is a very familiar face to the I&M Group and the East African region, having served as the CEO of I&M Bank Rwanda for the last 8 years prior to his Uganda assignment. During his tenure at I&M Bank Rwanda, the bank trebled its total assets to RWF 491.3…
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