Company News

Airtel Secures Full Mobile Money Operating Permit from Central Bank of Nigeria

Nelson NambooleCompany NewsGlobal NewsNews & AnalysisMay 2, 2022May 3, 2022

The Central Bank of Nigeria (CBN) offered a final approval to Airtel Africa Plc, a subsidiary of Indian telecom giant Bharti Airtel to operate mobile money services in the country….

Customer trust and innovation propels Centenary Group’s Bank to stellar performance

CEO ReporterCompany NewsNews & AnalysisApril 29, 2022April 29, 2022

Centenary Group has congratulated its subsidiary, Centenary Bank, upon posting excellent performance results. Despite a challenging operating environment, the bank leveraged on technology, people and good relationships, to deliver good…

Rowena Turinawe appointed Cente-Tech’s Digital Transformation Expert

Nelson NambooleCompany NewsNews & AnalysisApril 28, 2022April 28, 2022

Centenary Group’s technology services company – Cente-Tech has announced the appointment of Rowena Turinawe as Head – ICT Advisory, Strategy and Research.   Rowena joins Cente-Tech from the National Information Technology…

EXCLUSIVE: Japhet Aritho- a former M-Pesa and Econet Group executive is the new Airtel Money Chief in Uganda

Muhereza KyamuteteraCompany NewsThe Big StoryApril 27, 2022April 27, 2022

Japhet Aritho, previously the Senior Vice President at Airtel Money Group has been appointed as the Airtel Mobile Commerce Uganda Limited Chief Executive Officer, CEO East Africa Magazine can exclusively…

URSB Promotes Youth Innovations on World Intellectual Property Day

CEO ReporterCompany NewsNews & AnalysisApril 27, 2022April 28, 2022

Every year, the National Intellectual Property Office, Uganda Registration Services Bureau (URSB) joins the rest of the world to celebrate the World Intellectual Property day on April 26.  The global…

PUTTING WOMEN’S FINANCIAL INCLUSION FIRST: Finance Trust Bank’s 2021 net profit grows 57 per cent

Muhereza KyamuteteraCompany NewsThe Big StoryWomen In LeadershipApril 27, 2022April 28, 2022

Finance Trust Bank, has today released its 2021 financial performance results, reporting yet another year of strong growth. According to the results, the bank, despite a challenging 2021, registered double-digit…

Stanbic Bank Uganda welcomes ‘AAA’ Fitch rating

CEO ReporterCompany NewsNews & AnalysisApril 26, 2022April 26, 2022

Fitch, the international credit rating agency has affirmed Stanbic Bank Uganda Limited’s (SBU) Long-Term Issuer Default Rating (IDR) at ‘B+’ while it also maintains its ‘AAA’ rating in Uganda. According…

Ecobank Group records $125M increment in 2022 first quarter unaudited earnings

Nelson NambooleCompany NewsNews & AnalysisApril 26, 2022April 26, 2022

Ecobank Group has announced unaudited first quarter of 2022 profit before tax increase of 25% to $125 million.  Ade Ayeyemi, Group CEO said “We delivered strong 1Q 2022 results with…

Standard Chartered Bank, Uganda Taps Coca-Cola’s Margaret Kigozi Namulindwa for Head Corporate Affairs, Brand and Marketing position

CEO ReporterCompany NewsNews & AnalysisApril 26, 2022April 26, 2022

Margaret Kigozi Namulindwa has been appointed as the Head of Corporate Affairs, Brand and Marketing, Standard Chartered Bank Uganda.   Margaret joins Standard Chartered Bank from Coca-Cola South & East African Business…

After 15 years at NBL, Patricia Kadama joins Wave Mobile Money as Regional People Lead for East Africa

Nelson NambooleCompany NewsNews & AnalysisApril 22, 2022November 13, 2022

Patricia Kadama Anguzu has been appointed Regional People Lead (East African Hub) at Wave mobile Money with effect from April 26, 2022. Wave mobile Money is a financial institution on…