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...
Before it was rudely interrupted by the Covid-19 pandemic, Uganda’s tourism industry, was one of the fastest growing sectors, contributing about USD2.5 billion, an equivalent of USD5.9% in GDP. But back in the 1990s, there was very little about the tourism industry to talk about, beyond its sheer potential. Some of the successes that we see today, rest on the shoulders of ballsy private-sector trailblazers such as Eugenie Nsubuga Windt, the Founder and Managing Director of Swanair Travel & Safaris Limited. Founded in 1993, Swanair Travel & Safaris is one of the oldest and surviving travel management companies in Uganda….
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Though often uncelebrated, health and safety at the workplace is a critical component of all great companies as it protects workers⏤ the most important resource every organisation has. By adapting and living a rigorous safety culture, and proactively managing workplace safety-related incidents, organisations not only protect the lives and wellbeing of their people but are also able to reduce risks and losses associated with lost man-hours due to avoidable accidents. For having led his team of more than 8,000 employees and contractors on the strategically important Tilenga Project, to clock a monumental 20 million man-hours without Lost Time Incidents (LTI),…
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Safaricom Ethiopia has announced the appointment of Wim Vanhelleputte as its new Chief Executive Officer, effective from September 1st, 2023. Vanhelleputte, the former CEO of MTN Uganda, will succeed Anwar Soussa, who has led the company since its inception. Vanhelleputte brings a wealth of experience to his new role, having served as the Operating Executive for West and Central Africa (WECA) Markets of Liberia, Guinea-Conakry, Guinea-Bissau, and Congo-Brazzaville at MTN Group since August 2022. His responsibilities included overseeing performance and governance in these markets. Before that, he had been at the helm of MTN Uganda for six years being replaced…
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The Board of Directors of I&M Bank (Uganda) Limited has announced the appointment of Mr. Robin Bairstow as the Chief Executive Officer (CEO) effective August 2023. The appointment is subject to Bank of Uganda approval. “With an extensive record in the financial services sector, Bairstow’s appointment underscores I&M Bank’s commitment to delivering excellence and growth across its regional operations,” the company said in a public statement. “Bairstow brings a wealth of experience to his new role and knows the Group well, having served as the CEO of I&M Bank (Rwanda) Plc from September 2015 to June 2023. During his tenure,…
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Uganda Revenue Authority (URA) announced last week that for the financial year 2022/2023 it had collected UGX 25,209.05 billion⏤an extra UGX 57.48 billion against a target of UGX 25,151.57 billion, reflecting a performance of 100.23%. This follows a 16.4% growth in revenue collections (UGX 3,551.04 billion) from the UGX 21.062 trillion registered in 2021. The year before that, revenue collections grew 12.14%. This performance, the tax authority attributed to “an intensive agenda to grow local revenue mobilisation” in which “URA employed a number of measures such as automated ledger reconciliation, the EFRIS and DTS solutions”. This is the first time in…
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Due to the ever-changing working environment, Financial Officers have been tasked to focus on value addition rather than only focusing on numbers within the organisations they serve to fit into the future Chief Value Officer role. To better understand this, CEO East Africa Magazine’s Nelson Mandela sits down with Deloitte Uganda Country Managing Partner, Mr. Norbert Kagoro in a ten-questionnaire interview. To begin with, who is a Chief Financial Officer? A CFO is ordinarily a head of finance. The CFO does quite several things but is responsible for analysing how well an organisation is meeting its financial obligations. Recently, we…
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What impacted your business over the period from an operational standpoint? The first half of the year has been marked by consistent improvement in the operating environment with inflation and other economic indicators trending positively, impacting on our customer acquisition which has grown tremendously over the period by over 50% for the number of active customers we serve. On the other hand, there was an uptick in cyber-related risks and to that end, we enhanced our risk management capabilities and improved our operating efficiencies to deliver a seamless customer experience. What were the drivers of your financial performance? The business…
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Oryx Energies one of the top 5 players in the Ugandan downstream oil and gas business, has hired Michael Nduhuukire as its new Managing Director for Oryx Energies (U) Ltd and Oryx Gas (U) Ltd. Nduhuukire is one of the most experienced leaders in the industry across the region having worked across many markets, including Tanzania, DRC, Rwanda, Burundi and the United Arab Emirates (UAE). He is also the only indigenous Ugandan Chief Executive amongst the top 5 companies in the industry. He joins Oryx from the MOGAS Group where until recently, he was the Regional Chief Executive covering Rwanda,…
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In 2017 he went on to found The Innovation Village and in April 2020 started MoTIV. To mark his 6 years at The Innovation Village and three years at MoTIV, CEO East Africa Magazine’s Muhereza Kyamutetera, sat down CK Japheth for a tell-it-all interview. Looking back, the Edinburgh Business School (MBA, Strategic Planning) graduate says that even amidst the so frequent ’26-hour workdays’, so many successes and so many failures, that sometimes seem like “death by a thousand cuts” he is still “excited to be waking up every day to this role of building platforms that help other entrepreneurs start…
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This week, MTN Uganda released its audited results for H1 2023, reporting double-digit growth across key business fundamentals such as active voice, data and fintech users, as well as revenue and net profits. Shareholders too will be seeing a 19% increment in interim dividend. The results are a good indicator that Sylvia Mulinge who assumed the helm in October 2022 has fully gripped the MTN ship and is on course to maintain the company’s growth path towards its bold Ambition 2025 agenda. Sylvia Mulinge joined MTN from Kenya’s Safaricom, where she was Chief Consumer Business Officer, taking over from Wim…
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