Company News

RESILIENT AMIDST ILLICIT TRADE: BAT 2022 net profits decline by 4% to UGX9.9 billion

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryMarch 3, 2023March 3, 2023

AT Uganda has called upon the Government to ramp up efforts to curb illicit trade in cigarettes, which it says is impacting the sustainability of its business. In its 2022…

Rubis Energy Uganda wins a USD17.3 mn deal to supply heavy fuel oil to UEGCL’s Namanve thermal power plant

CEO ReporterCompany NewsLegal & JusticeThe Big StoryMarch 3, 2023March 3, 2023

Rubis Energy Uganda Limited has won a USD17,296,320.5 tender to supply Heavy Fuel Oil (HFO) for the Namanve Thermal Power Plant. The plant is run by Uganda Electricity Generation Company…

Lydia Nakamya appointed to head Standard Chartered Uganda’s Affluent Banking, as  Agnes Umutoni takes on new role at Standard Chartered Bank Jersey

CEO ReporterCompany NewsWomen In LeadershipMarch 2, 2023March 2, 2023

Lydia Nakamya, a banker with over 16 years of experience has been appointed the new General Manager, Affluent Banking and Wealth Management at Standard Chartered Bank effective January 2023. She,…

Cyber risk is here to stay; adapt or perish- board directors advised 

Muhereza KyamuteteraBusiness & MarketsCompany NewsThe Big StoryThought LeadershipMarch 1, 2023March 1, 2023

usinesses must make cyber risk management an integral part of their business strategy so as to match the dynamic and ubiquitous new age cyber risks, Peter Kahiigi, Chief Technology Officer…

Ecobank and Malaria Free Uganda raises UGX160 million to fight malaria in Uganda 

Muhereza KyamuteteraCompany NewsNews & AnalysisFebruary 28, 2023February 28, 2023

Malaria Free Uganda Initiative has boosted the government’s fight against malaria with a donation of UGX160,000,000 to the Ministry of Health. A bulk of these funds were raised during the…

Innovation Minister, Musenero Advises SMEs to protect their creations through Intellectual Property registration

The CEO Magazine TeamCompany NewsThe Big StoryFebruary 23, 2023February 23, 2023

Small and medium-sized enterprises (SMEs) that apply for trademarks, copyright and patent protection are more likely to experience more growth than SMEs that do not, according to Minister of Science,…

EVERYDAY HEROES: MTN Uganda recognises Jinja’s  unstoppable entrepreneurs and hustlers  

Muhereza KyamuteteraCompany NewsFebruary 23, 2023February 23, 2023

This week, MTN Uganda, the largest telco, announced they are rolling out its Chief Community Officer initiative, a network of nationwide community leaders who will work together with MTN to…

UNSTOPPABLE TOGETHER: MTN Uganda Appoints Chief Community Officers to Strengthen Community Ties

The CEO Magazine TeamCompany NewsThe Big StoryFebruary 23, 2023February 23, 2023

MTN Uganda is taking its community engagement initiatives to the next level with the appointment of Chief Community Officers (CCOs). CCOs, according to MTN, “are dynamic and passionate individuals who…

Airtel Uganda Successfully Upgrades Core Network To 5G Readiness

Muhereza KyamuteteraCompany NewsThe Big StoryFebruary 22, 2023February 22, 2023

Airtel Uganda has today announced that their Smartphone Network is now ready for the trailblazing 5G technology. The development was announced at their Clement Hill office by the Managing Director,…

Josephine Anan-Ankomah appointed Ecobank Kenya Managing Director and Regional Executive for Central, Eastern and Southern Africa

Muhereza KyamuteteraCompany NewsThe Big StoryWomen In LeadershipFebruary 21, 2023February 21, 2023

Ecobank Transnational Incorporated (ETI) has appointed Ghanaian career banker, Mrs. Josephine Anan-Ankomah as the Regional Executive, Central, Eastern and Southern Africa (CESA) and Managing Director, Ecobank Kenya. Mrs. Anan-Ankomah has…