Company News

Government of Uganda’s Solar-powered Water Irrigation Project is on course for completion by 2024, affirms Nexus Green, the Contractor  

CEO ReporterCompany NewsThe Big StoryFebruary 13, 2023February 13, 2023

Nexus Green Limited, the company contracted by the government of Uganda to construct 687 solar-powered water irrigation sites across the country, has said the project is on course for completion…

PRODUCT REVIEW: Ecobank eases school fees burden with Edusave Loan- an affordable, flexible, and convenient personal loan for parents 

Muhereza KyamuteteraCompany NewsThe Big StoryFebruary 12, 2023February 12, 2023

As the back-to-school season continues, especially for senior one and senior five students, Ecobank Uganda has launched Edusave Loan-  an affordable, flexible, and convenient personal loan for parents with school-going…

I&M Bank woos corporate clients with a new personalised branch at Kingdom Kampala

Muhereza KyamuteteraCompany NewsThe Big StoryFebruary 12, 2023February 12, 2023

I&M Bank Uganda, formerly Orient Bank, is set to officially launch at its Kingdom Kampala branch, a one-of-a-kind service that enhances its digital offering and caters to changing customer needs.  Tailored…

International Day of Women and Girls in Science: A focus on how Coca-Cola Beverages Africa (CCBA) is supporting women take up their rightful place in science careers

The CEO Magazine TeamBusiness & MarketsCompany NewsThe Big StoryWomen In LeadershipFebruary 11, 2023February 11, 2023

Today, February 11th, the world marks the International Day of Women and Girls in Science, against the backdrop of growing climate change concerns and health crises. This, together with the…

PRODUCT OF THE WEEK: Turn your aspirations into success stories with the  SBG Securities’ Wezimbe Unit Trust 

CEO ReporterCompany NewsThe Big StoryFebruary 8, 2023February 8, 2023

What is the Wezimbe Unit Trust?  Wezimbe Unit Trust is an investment product that enables you to pool your money together with other investors to create a large fund. This…

Ugandan Startups Raised USD70m in 2022 As Funding for African Startups Rises to Almost USD5billion

Jonathan N. LubwamaCompany NewsNews & AnalysisFebruary 6, 2023July 14, 2023

Startups are companies that are built to grow fast. This was well articulated by Y Combinator’s Paul Graham in his 2004 article startups = growth. In this article, Paul Graham…

Uganda Electricity Transmission Company appoints Joshua Karamagi, CFA its new CEO 

Muhereza KyamuteteraC-Suite LeadershipCompany NewsFebruary 6, 2023February 6, 2023

Uganda Electricity Transmission Company Limited (UETCL) has announced today that Joshua Karamagi, CFA, has been appointed as its new CEO. UETCL is a Government of Uganda 100% owned company that…

PROFILE: Adu Rando, the new Nile Breweries Managing Director

CEO ReporterC-Suite LeadershipCompany NewsFebruary 4, 2023February 4, 2023

Nile Breweries Ltd recently appointed a new Country Director for Uganda & South Sudan, Adu Rando.  He replaces David Valencia, who has now moved to become the Commercial Strategy Director,…

Tugende wins UGX504 million tax appeal against URA

CEO ReporterCompany NewsLegal & JusticeThe Big StoryFebruary 3, 2023February 3, 2023

The Tax Appeals Tribunal (TAT) has disallowed a UGX 504,098,312 tax bill by Uganda Revenue Authority (URA) on asset-financing firm Tugende Limited, saying the tax authority wrongly assessed the tax….

NSSF has grown 10-fold in 12 years: Management defends Fund performance and real estate investment strategy before Parliament Committee

Muhereza KyamuteteraBusiness & MarketsCompany NewsThe Big StoryFebruary 2, 2023February 2, 2023

The National Social Security Fund (NSSF) has defended its performance over the last 10 years before the Parliamentary Select Committee investigating the Fund. The committee is among others examining the…