Mobile money agents are the engine of Uganda’s everyday economy, and this is most visible on weekends. From Friday evening through Sunday, transaction volumes surge as customers trade, pay, and…
Candid and compelling, Amani unpacks the philosophy behind #TheZeusWay—a relentless commitment to speed, quality, and consistency—and reflects on what it takes to lead Gen Z creatives, earn client trust, and…
To understand Stevens Mwanje is to understand the balance between numbers and humanity. A finance professional of 30 years, Mwanje has built a career defined by quiet discipline, strategic clarity,…
Banking has evolved from long queues and endless paperwork to something you can do in seconds, anytime, anywhere. dfcu Bank is leading that digital revolution with two powerful tools, that...
In his first 100 days at the helm of marketing the Uganda Tourism Board, Francis Nyende has injected new energy, strategy, and partnerships into the “Explore Uganda” brand. With landmark...
In Uganda, agriculture is the leading employer of the country’s largest labour force. In FY 2022/23, agriculture accounted for about 24% of GDP and 35% of export earnings. The Uganda Bureau of Statistics (UBOS) estimates that about 68% of Uganda’s working population is employed in agriculture. Uganda produces a wide range of agricultural products, including coffee, tea, sugar, livestock, fish, edible oils, cotton, tobacco, plantains, corn, beans, cassava, sweet potatoes, millet, sorghum, and groundnuts. As agriculture continues to anchor the economy and sustain millions of livelihoods, Yara East Africa has emerged as a transformative force in the region’s farming landscape….
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What do you consider your most significant accomplishments during your tenure as CEO of Airtel Uganda? Listing Airtel Uganda on the Uganda Securities Exchange was a historic moment for me, the business, and the country. I am particularly humbled that we presented the Airtel Story to institutional investors and retail investors, and they believed in us. The Airtel Uganda success story is now shared among employees, shareholders, business partners and suppliers. We have redefined the competitive market structure in Uganda. We have progressively closed the gap in customer and revenue market share. It is essential to recognise that Airtel Uganda…
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Mr. Arthur Mukembo, is the Lead at Future Lab Studio. He says he is driven to make things better, even if it is by a few adjustments. From real estate to incubating innovators, the lover of music and good food is making his mark. He spoke to the CEO East Africa Magazine’s Imani Kisakye on the innovation status in Uganda and how the Innovation Village is empowering Uganda’s innovators. What drives you?I’ve always been uncomfortable with the status quo, especially when it doesn’t make logical sense. My mindset constantly asks, “Is there a better, more efficient way to do things?”…
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This year’s World Mental Health Day theme is “It’s time to prioritise Mental Health in the Workplace.” What does World Mental Health Day mean to you personally as a leader, and why must businesses recognise it? World Mental Health Day is a timely reminder to reflect on how we are supporting our well-being and that of our families, colleagues, and the community at large. As a leader, it means recognising the role that mental health plays in any business’s overall success and sustainability. In the workplace, we expect our people to give their best, but this cannot happen if they…
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As the Chairperson of UBA, please give an overview of the banking sector’s performance in Uganda and how it enhances economic growth and development. The banking sector has been relatively stable, save for the two financial institutions that were closed by the Bank of Uganda, whose closure did not present any systemic risk across the industry. Most of the member Supervised Financial Institutions (SFIs) met the new capital requirements as of 30th June 2024, and three (3) of our members opted to transition to Tier II status as a strategic direction. Deposits increased from UGX34.3 trillion as of June 2023…
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Housing and sustainable urbanisation formed a crucial part of our National Development Plan. How is the Housing Finance Bank supporting this initiative? Housing Finance Bank has been a leader in mortgage provision for 57 years, consistently strengthening our position in this space. We recognise that housing is a crucial element of the National Development Plan and aims to contribute immensely to a higher household income and employment for sustainable socio-economic transformation. We have contributed over UGX60bn in dividends and UGX51bn in taxes, financed over 7,500 homes, financed over 8,400 women-led businesses, launched a Microfinance unit to increase financial inclusion, partnered…
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East African Breweries Limited (EABL), the parent company of Uganda Breweries Limited (UBL), recently announced its financial results for the year ended June 2024. Please take a couple of minutes to give us some highlights and the drivers of the financial report. Andrew Kilonzo: Yes, we have just finished our financial year. EABL, our shareholder, which is listed on the NSE and cross-listed here too, just announced a good year. We had a good year; we grew 12% (net sales value) on the back of the market issues. We were able to add value to EABL as a business, and…
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Over the last 14 years, through innovative campaigns, educational programs, and youth-led initiatives, Nabimanya has triggered a wave of awareness and sparked a much-needed conversation among the youth about sexual and reproductive health rights (SRHR). He is an accomplished filmmaker who has been the Executive Producer on three projects thus far, namely: Kyaddala (It’s Real) – a TV series focusing on the real-life social issues that affect young people across Africa and their attempts to overcome those issues; When You Become Me – a Cannes Film Festival-nominated film raising awareness about societal issues, and particularly those affecting persons living with…
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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, the faithful can leverage their work to build “God’s Kingdom here on earth as it is in Heaven”. What is the Faith Driven Entrepreneur Program about and why now? The Faith Driven Entrepreneur movement is dedicated to partnering with Churches to support and equip their Christ-following entrepreneurs to find community and fulfil their God-given calling. This non-profit is on a mission to help shape and equip entrepreneurs who are shaping…
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Q. The financial sector in the country is flooded with many innovative products, more so in insurance. What can you tell us about Smart Save and how different it is from others? A. Jubilee Smart Save Plan- Olina Plan B? stands out from other offerings by combining both risk and investment elements. It not only provides comprehensive insurance coverage to protect against unforeseen risks but also offers robust investment opportunities, allowing policyholders to grow their savings over time. Another key feature is that if the policyholder passes away, the beneficiary will receive 10-15% of the funds annually until the policy…
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