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Company News- Page 17

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
by
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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Julius Kakeeto, Managing Director of Pearl Bank (formerly PostBank Uganda) (back centre), Mumba Kenneth Kalifungwa, Managing Director of Stanbic Bank Uganda (back 2nd right), Priscilla Akora, Head of Marketing and Communications at Pearl Bank (3rd left), and Diana Kahunde, Head of Brand and Marketing at Stanbic Bank (2nd right), join other officials from both institutions during the launch of the Wendi by Pearl Bank and FlexiPay partnership at the Sheraton Hotel, Kampala, on Thursday, 23rd October 2025. The partnership aims to enable seamless transactions between both digital platforms at subsidized fees, promoting financial inclusion across Uganda.

Pearl Bank and Stanbic Join Forces to Merge Digital Wallets for Uganda’s Financial Inclusion Drive

In a landmark partnership that signals collaboration over competition, Pearl Bank Uganda (formerly PostBank Uganda), a leading government-owned financial institution and Stanbic Bank Uganda, the country’s largest commercial bank, have announced the
October 23, 2025
A photo collage of Percy Lubega, President of Rotary Club of Bulindo; Daniel Ayebare, Chairperson of Uganda Financial Literacy Association (UFLA); Godfrey Martin Kitakule, District Governor Rotary District 9213; Ngulumi Immaculate, Chief Brand and Marketing Manager, Centenary Bank; Stephen Lubowa, Head Marketing & Distribution, Old Mutual Uganda – united to champion financial literacy and economic empowerment across Uganda.

Rotary Club of Bulindo Ready to Lead National Conversation on Financial Literacy

“I was fired with almost no savings, fired with a salary loan, fired with retired parents depending on me, fired with a young daughter in school, and fired with one semester left
October 21, 2025
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Henrique Braun, executive vice president and chief operating officer of Coca-Cola, GFI Chairman Philipp Hugo Gutsche and Zoran Bogdanovic, CEO of Coca-Cola HBC.

Coca-Cola Company to Sell Controlling Stake in Coca-Cola Beverages Africa for USD 2.6 Billion

The Coca-Cola Company and Gutsche Family Investments have agreed to sell a controlling 75 percent stake in Coca-Cola Beverages Africa (CCBA) to Coca-Cola Hellenic Bottling Company AG (Coca-Cola HBC) in a transaction
October 21, 2025
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His Grace Dr Emmanuel Obbo, the metropolitan Archbishop of Tororo and Prof. John Ddumba, the Group Chairman, Centenary Group officially opening the Centenary Group House in Mbale City.

Centenary Group Unveils New Commercial Complex in Mbale City

Centenary Group has opened a state-of-the-art commercial complex, the Centenary Group House in Mbale City, marking a significant milestone in the Group’s commitment to regional development and investment in Uganda’s economic growth.
October 21, 2025
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