Company News

NBL to promote startups in sustainability programme

CEO ReporterCompany NewsNews & AnalysisMay 6, 2022May 6, 2022

Nile Breweries Limited(NBL) has launched an entrepreneurship promotion program, dubbed 100+ Accelerator Cohort 2022,  to promote startups that have embedded sustainable development strategies in their operations. The program, an initiative…

New jobs, orders increase in April – Stanbic PMI says

CEO ReporterCompany NewsNews & AnalysisMay 6, 2022May 6, 2022

The Stanbic Purchasing Managers’ Index (PMI) rose to 53.9 in April from 51.9 in March on account of further improvement in private sector output and new orders as demand strengthened,…

Doreen Nyiramugisha Crosses from PostBank to Housing Finance Bank as Head of Marketing and Communications

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryWomen In LeadershipMay 6, 2022May 6, 2022

Doreen Nyiramugisha, the outgoing Head of Marketing and Communication at PostBank Uganda Ltd has crossed over to Housing Finance Bank as the new Head of Marketing and Communications, CEO East…

CONTINENTAL EXCELLENCE: Centenary Bank listed among African Banker Award nominees for 2022

CEO ReporterCompany NewsNews & AnalysisMay 4, 2022May 4, 2022

Centenary Bank has made it to the highly coveted list of over 60 nominees for this year’s African Banker Awards. The African Banker magazine, (a continental business publication) has announced…

Ian Rumanyika Appointed Head of External & Corporate Affairs at Uganda Baati Limited

CEO ReporterCompany NewsNews & AnalysisMay 4, 2022May 4, 2022

Ian Rumanyika has been appointed as the new Head of External and Corporate Affairs at Uganda Baati Limited. Rumanyika joins Uganda Baati with over 12 years of experience in the…

MTN Uganda Records rapid revenue increase in first quarter of 2022

Nelson NambooleCompany NewsNews & AnalysisMay 4, 2022May 4, 2022

MTN Uganda Limited has in the first quarter of 2022 ended 31 march, recorded a steady progress despite challenging macro environment following a protracted lockdown due to COVID-19. Salient features:…

Former Finance Minister Maria Kiwanuka named board chair of Airtel Mobile Commerce Uganda Limited

CEO ReporterCompany NewsNews & AnalysisMay 4, 2022May 4, 2022

Airtel Mobile Commerce Uganda Limited (AMCUL), the leading mobile financial solutions provider in the country, has today appointed Hon. Maria Kiwanuka as Board Chair. The appointment that was announced by…

Sanlam and Allianz join forces to create a €2 billion African insurance giant

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryMay 4, 2022May 4, 2022

Sanlam, the largest non-banking financial services company in Africa, and Allianz, one of the world’s leading insurers and asset managers with a century of history in Africa, have agreed to…

Housing Finance Bank’s 2021 profits grow by 98% to reach a record UGX41 billion

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryMay 3, 2022May 3, 2022

As most banks in 2021 significantly slowed down and cut bank extension of the much-needed credit, Housing Finance Bank, stuck to its mandate of enabling homeownership and financial independence, growing…

Stanbic Bank Lauded for Supporting Women-led Enterprises

CEO ReporterCompany NewsNews & AnalysisMay 3, 2022May 3, 2022

State Minister for Environment and the Woman Member of Parliament for Manafwa District Goretti Kitutu has lauded Stanbic Bank Uganda for its financial and non-financial services package aimed at supporting…