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Company News- Page 16

Company News
Ms. Lilly Ajarova, Chief Executive Officer, UTB (right; foreground) and Mr. Cornwell Muleya, Uganda Airlines Chief Executive Officer of Uganda Airlines (left; foreground) exchange cooperation agreements on February 4th 2020.

Uganda Tourism Board and Uganda Airlines sign landmark Brand Destination Uganda Promotion partnership

Uganda Tourism Board (UTB) and Uganda Airlines have today, February 5th 2020 signed a memorandum of understanding to combine their efforts to promote the tourism potential of Brand Destination Uganda. The two
February 4, 2020
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Equity Bank Director of Public Sector and Social Investment, Catherine Psomgen signing the MoU, with Water.org Africa Regional Director Francis Musinguzi at Protea Hotel yesterday.

Equity Bank and Water.org Partners to Expand Access to Clean Water and Sanitation

Stakeholders from government, development agencies and the private sector gathered at the Protea Hotel in Kampala to witness the launch of a partnership between Equity Bank Uganda and Water.org, a collaboration set
October 30, 2025
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Winfred Phiona Adong during Equity Bank’s Customer Service Week Stakeholder breakfast held at Hotel Africana on 7th October 2025.

Adong inspiring Soroti through Manufacturing

Wearing a Clifton black top, a black skirt with matching black heels, Winfred Phiona Adong walked into Hotel Africana’s Ssezibwa Hall with quiet confidence. When she spoke, she was calm and articulate.
October 30, 2025
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2,500 Graduands Graduate from Victoria University’s 9th Graduation Ceremony held at the Speke Resort Convention Centre, Munyonyo.

Ruparelia Foundation Announces 100 Master’s Scholarships in Honour of Rajiv Ruparelia Bursary as 2,500 Graduate at Victoria University’s 9th Ceremony

The Ruparelia Foundation, represented by Dr. Sudhir and Mrs. Jyotsna Ruparelia, has announced 100 fully sponsored Master’s Degree scholarships to outstanding students under the newly launched Rajiv Ruparelia Bursary. The announcement was
October 28, 2025
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Mosetsana Mahlafunya, Head of Absa Investor Services at Absa Investor Services Pan Africa, photographed in Kampala during her interview with CEO East Africa Magazine, where she explains Absa’s re-entry into Uganda’s custody market as part of its Pan-African investor services strategy—focused on technology, trust, long-term commitment, and unlocking Uganda’s investment potential.
Mosetsana Mahlafunya, Head of Absa Investor Services at Absa Investor Services Pan Africa, explains that Absa’s reintroduction of custody services in Uganda is more than a product relaunch—it’s a strategic investment in the backbone of Uganda’s capital markets, powered by technology, transparency, and trust. Through Absa’s Pan-African Investor Services platform, which connects clients to over 80 global markets, the bank aims to unlock Uganda’s growing pension and investment potential, deepen market integration, and reaffirm its long-term commitment to building resilient and world-class financial infrastructure across Africa.

Q&A with Absa Group’s Mosetsana Mahlafunya: Beyond Safekeeping—Repositioning Custody Services to Power Uganda’s Investment Future

To unpack what this means for institutional investors, the economy, and Uganda’s place in regional and global markets, Muhereza Kyamutetera, Executive Editor of CEO East Africa Magazine, sat down with Mosetsana Mahlafunya,
October 27, 2025
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Caroline Kamaitha, General Manager of Raxio Data Centre Uganda. A seasoned technology and telecoms executive with nearly two decades of experience across Africa’s connectivity landscape, she is leading Raxio’s charge toward a more reliable, secure, and inclusive digital future for Uganda and the region.

Caroline Kamaitha: Leading Raxio Data Centres Uganda into a New Era of Growth

Caroline Kamaitha – CK, a seasoned technology and telecoms executive with nearly two decades of experience in Africa’s satellite and connectivity industries, has been appointed as the new General Manager of Raxio
October 27, 2025
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Peter Ssenyange, Chief Financial Officer at Pearl Bank Uganda (formerly PostBank Uganda) (4th left), Joseph Wechuli, Finance Manager at TotalEnergies (4th right), Doreen Muhangazi, Chief People and Strategy Officer at Pearl Bank (3rd right), and Millicent Gitonga, Retail and Marketing Manager at TotalEnergies (3rd left), join other officials from both institutions at the launch of the Wendi–TotalEnergies partnership held on 24th October 2025 at TotalEnergies City Centre. The partnership enables customers to conveniently pay for fuel, gas, car services, and shop purchases at all TotalEnergies stations using the Wendi mobile wallet.

Pearl Bank’s Wendi Wallet, TotalEnergies Partner to Ease product Merchant Payments of Up to UGX 5 million

Wendi, the digital wallet developed by Pearl Bank (formerly PostBank Uganda) has today announced a partnership with TotalEnergies Marketing & Services (M&S) aimed at simplifying customer payments at all Total fuel stations using the Wendi mobile
October 26, 2025
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Officials from Equity Bank, Local Leaders, Staff Members of Nabumali Boarding School and students infront of the School Bus.

Equity hands over bus to Nabumali Boarding School

It was jubilation and a mood of joyousness at Nabumali Boarding Primary School in Mbale on Thursday 23 October 2025 when Equity bank Uganda delivered to the school its very first Bus.
October 24, 2025
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L-R: Kate K. Kiiza, dfcu Executive Director, Chief of Corporate and Institutional Banking at dfcu and Ahmed Saad, Managing Director at MANTRAC Uganda after signing an MoU where the bank will offer 90% Financing on heavy machinery purchase for Customers.

dfcu Bank and MANTRAC Uganda Partner to Empower SMEs with 90% Equipment Financing

dfcu Bank has announced a strategic partnership with MANTRAC Uganda, the authorized dealer of Caterpillar equipment, to provide businesses with affordable, flexible, and comprehensive financing solutions for brand-new machinery and power systems.
October 23, 2025
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