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    Company News

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    PRAU Holds 50th AGM, Launches Digital Membership IDs with Multiple User Benefits

    April 15, 2026April 15, 2026 0 Shares
    The Public Relations Association of Uganda (PRAU) has successfully held its 50th Annual General Meeting (AGM), marking a significant milestone in its journey of advancing public relations excellence in Uganda....

    From PostBank to Pearl: A Homegrown Bank Reimagining Banking in Uganda

    April 14, 2026April 14, 2026 0 Shares
    There is something quietly significant unfolding in Uganda’s banking sector, and it goes beyond the headline numbers. Pearl Bank’s latest financial results for the year ended December 2025 tell a...

    I&M Bank Uganda Rolls Out Multi-Currency Prepaid Card for Local and International Payments

    April 14, 2026April 14, 2026 0 Shares
    I&M Bank Uganda has unveiled the I&M Mastercard pre-paid card, a multi-currency card product that allows customers to make payments and purchases using money that is pre-loaded on the card....

    Movit Attains UN Global Compact Sustainability Certification, Strengthening Responsible Growth Agenda

    April 13, 2026April 13, 2026 0 Shares
    (L–R) Ms Judy Njino, Executive Director, UN Global Compact Network Kenya; Mr Benard Ouma, Chief Commercial Officer – Southern Markets, Movit Products Limited; and Mr Patrick Mwesige, Country Business Manager – Kenya, Movit Products Limited, during the presentation of Movit’s UN Global Compact sustainability certification.
    Movit Products Limited has attained sustainability compliance certification under the United Nations Global Compact (UNGC), reinforcing its commitment to responsible and sustainable business practices across its operations. The certification affirms...

    Thousands Turn Up for Kabaka Birthday Run 2026 as I&M Bank Amplifies HIV/AIDS Awareness Drive

    April 13, 2026April 13, 2026 0 Shares
    Lubiri Mengo came alive on Sunday, April 12, as thousands of runners from across the country turned up to take part in the 13th edition of the annual Kabaka Birthday...

    Jubilee Allianz Uganda taps OESAI’s Director as their new CEO

    Nelson NambooleCompany NewsNews & AnalysisApril 6, 2022April 6, 2022

    Allianz Africa has announced the new leadership for its operational entity in Uganda, Jubilee Allianz General Insurance Company Limited. Paul Kavuma will head the entity as the CEO effective April…

    MTN Taps JPMorgan to Separate Fintech Unit

    CEO ReporterCompany NewsNews & AnalysisApril 6, 2022April 6, 2022

    MTN Group Ltd., Africa’s largest phone company, is working with advisers at JPMorgan Chase & Co. on the planned separation of its financial technology business, people with knowledge of the matter said.  The carrier said last…

    Andela Launches New Platform to Power the Future of Customized Work

    CEO ReporterCompany NewsNews & AnalysisApril 1, 2022April 1, 2022

    Andela, the global marketplace for remote technical talent, has announced the launch of its new platform, designed to create a more direct, personalized, and successful hiring experience for both talent…

    Kenya’s Tushop Raises $3M to Scale Community Group-Buying

    CEO ReporterCompany NewsNews & AnalysisApril 1, 2022April 1, 2022

    Tushop, a Kenyan social-commerce platform that enables communities in Nairobi to buy groceries more cheaply with free delivery, has secured $3M in a pre-seed funding round. The funding was led…

    Sokowatch secures $125M Series B Round, launches in West Africa, rebrands to Wasoko

    CEO ReporterCompany NewsNews & AnalysisMarch 31, 2022March 31, 2022

    Sokowatch the African e-commerce company leveraging innovative technology to transform the informal retail supply chain, recently announced the close of a $125 million Series B equity round, the largest venture…

    Stanbic Bank partners with LéO Africa Institute on Youth skilling

    CEO ReporterCompany NewsNews & AnalysisMarch 31, 2022March 31, 2022

    Stanbic Bank has donated UGX 70million to the LéO Africa Institute towards supporting its Young Emerging Leaders Project (YELP), which fosters leadership skills by emphasizing empathy, clarity, knowledge volunteerism, and…

    Nile Breweries donates UGX2.2 billion to protecting Mbarara’s River Rwizi and the livelihoods of 2.5 million people

    Muhereza KyamuteteraCompany NewsNews & AnalysisMarch 31, 2022March 31, 2022

    Nile Breweries, through its parent company AB InBev, has donated UGX2.2 billion (USD600,000) to conserve River Rwizi located in Mbarara. This will support the 3rd phase of a series of…

    RESILIENT: Stanbic Uganda Holdings defies tough times; 2021 profits rise 11% to a record UGX269 billion  

    Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryWomen In LeadershipMarch 31, 2022March 31, 2022

    Stanbic Uganda Holdings Limited (SUHL) has announced it grew its net profits by 11% in 2021 to earn UGX269billion from Ush.242billion in 2020, driven by robust growth in non-interest income…

    Absa Group Appoints Arrie Rautenbach as Chief Executive Officer

    CEO ReporterCompany NewsNews & AnalysisMarch 29, 2022March 29, 2022

    Absa Group has announced the appointment of Arrie Rautenbach as Chief Executive Officer (CEO), effective immediately. The appointment follows a thorough recruitment and selection process completed by the Board. Arrie,…

    CSR: Standard Chartered Bank renovates classroom block for Salaama School for the blind, plants over 300 trees

    CEO ReporterCompany NewsNews & AnalysisMarch 29, 2022March 29, 2022

    Over 40 Standard Chartered Bank Staff volunteered to conduct a community initiative at the Salaama school for the blind in Mukono where they painted and renovated a classroom block and…

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