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...
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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For 21 of these 40 years, one man has been working, often unseen backstage, overseeing and guiding this operational excellence, resilience, innovation and growth. His name is Professor John Ddumba-Ssentamu, the Group Board Chairman, Centenary Group Board of Directors. Prof, as he is fondly referred to, has spearheaded the company’s growth aspirations and under his astute leadership, the company has experienced unprecedented growth, diversification, and regional expansion, thereby contributing significantly to the socio-economic development of the East African and SADC regions. A passionate believer in the transformative power of faith and altruism to bring about positive change in the world….
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The just-announced FY2022/23 was quite surprising for many a stakeholder. Given what happened in the financial markets, here and globally but more importantly, the ‘negative noise’ that dominated much of the second half, many a stakeholder didn’t expect better performance than what we experienced in FY2021/22. It is an amazing story. If you look at what the fund went through in the last six months of FY2022/23, I can say it really tested the trust that the members have in the Fund. To put it into perspective, we had a contribution target of UGX135 billion per month in FY2022/23. As…
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“I read a book called Mamba Mentality by Kobe Bryant 2 years ago and it greatly shaped my thinking in terms of excellence in your field or passion. To be a Mamba means to be a ‘great’ in a field so I named myself ‘Tax Mamba’ not because I was the best, but to challenge myself to become that,” she explains, adding: “I am slowly working on that and we can take it as a prophetic declaration for my next great achievements in tax. It was a brave decision on my end but it wasn’t hard as I truly believe…
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What does winning the CFO award mean to you? Winning this award is one of my biggest personal achievements as a Head of Finance, a motivator to my team, the organization I work for, and the entire UPDF fraternity. What impact has winning the award had on your career so far? This award has exposed me to the finance industry both local and international as one of the best Accountants in Uganda, increased my Brand as a respected accountant, and increased my pride and reputation in the armed forces as being the first Army officer to participate and win 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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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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For starters, from where you sit, give us an overview of 2022 and the first half of 2023. To contextualise our conversation, we need to talk about the global developments including the pandemic and other issues that affected us, as a country, as an economy, and as a region, and their impact on the people, the enterprise, the government, and how ultimately we see the recovery initiatives to rebuild from the effects of such disruptions. To single out, the pandemic didn’t spare any of us, not the institutions, not the individuals, and not the economy. The period 2022 to 2023…
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Ubuntu Towers is now part of Towerco Of Africa (TOA), a subsidiary of AXIAN Telecom, operating in Madagascar, Tanzania and DRC. TOA company brings together industry expertise, and diverse and established partnerships founded in ease of doing business with next-generation innovation to drive a transition towards a carbon-neutral towerco infrastructure across Africa. Three years down the road, CEO East Africa Magazine’s Muhereza Kyamutetera sat down with him, to learn about his experience and his shared optimism about the future. Let us start by understanding you as a person⏤how do you describe yourself? My name is Geoffrey, Donnels Oketayot. I’m the CEO of Ubuntu…
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