Company News- Page 18

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
Left to right: A photo collage of Old Mutual Executives — Arthur Oginga, CEO of Old Mutual East Africa; Patrick Kimathi, Managing Director of UAP Old Mutual Life Assurance; Stephen Chikovore, Managing Director of Old Mutual Insurance; and Zac Kisesi, Managing Director of Old Mutual Investment Group. Together, they represent the leadership driving Old Mutual Uganda’s strategic evolution — aligning the brand with its Pan-African identity while navigating a fast-changing financial landscape where scale, innovation, and agility will define the next era of competition.
Left to right: A photo collage of Old Mutual Executives — Arthur Oginga, CEO of Old Mutual East Africa; Patrick Kimathi, Managing Director of UAP Old Mutual Life Assurance; Stephen Chikovore, Managing Director of Old Mutual Insurance; and Zac Kisesi, Managing Director of Old Mutual Investment Group. Together, they represent the leadership driving Old Mutual Uganda’s strategic evolution — aligning the brand with its Pan-African identity while navigating a fast-changing financial landscape where scale, innovation, and agility will define the next era of competition.

Old Mutual Uganda Aligns with Pan-African Identity Amid Shifting Market Realities as Rivals Close In

The green flame of Old Mutual is set to burn bright in Uganda. After nearly a decade of operating under the green and red hybrid identity of UAP Old Mutual, the financial
October 14, 2025
A photo collage of UETCL CEO, Eng. Richard Matsiko, Energy Ministry PS, Irene Batebe and Umeme's former MD, Selestino Babungi

Umeme, UETCL Face off Over Estimated UGX 600 Billion Debt After Parliament Probe

The long-running standoff between Umeme and the Uganda Electricity Transmission Company Limited (UETCL) over a UGX 594 billion debt has once again thrown Uganda’s power sector into turmoil, exposing deep financial fissures
Dr. Fred Atwooki Muhumuza VisionFund Uganda, VisionFund Uganda Board Chair Dr. Fred Atwooki Muhumuza, Mercy Sande Ainomugisha VisionFund Uganda CEO, Patson Wilbroad Arinaitwe FCIArb Signum Advocates, Jeremiah Nyagah Maina World Vision Uganda, Jane Namuddu Kigundu Church of the Province of Uganda, Benoni Katende NSSF Uganda, Chilala Hakooma Royen VisionFund Tanzania, Keton Senkale VisionFund International, Faith Achadu-Muliisa FCCA CPA Uganda, VisionFund Uganda Board members 2025, VisionFund Uganda leadership team, VisionFund Uganda governance board, Inclusive finance leadership in Uganda, VisionFund Uganda board of directors 2025, Financial inclusion champions Uganda, VisionFund Uganda corporate governance, VisionFund Uganda strategic leadership, VisionFund Uganda financial inclusion impact, VisionFund Uganda women leaders, VisionFund Uganda cross-border leadership, VisionFund Uganda regional governance, VisionFund Uganda sustainable development board, VisionFund Uganda leadership excellence, VisionFund Uganda child-focused finance.
The VisionFund Uganda Board of Directors — a diverse and dynamic leadership team bringing together expertise in economics, finance, law, governance, technology, human capital, and development. Under the chairmanship of Dr. Fred Atwooki Muhumuza, the Board is steering the institution toward deeper financial inclusion, stronger governance, and sustainable, child-focused impact across Uganda.

Dr. Fred Muhumuza to Lead VisionFund Uganda’s High-Impact Board into a New Era of Inclusive Growth

Renowned Ugandan Economist, Dr. Fred Atwooki Muhumuza has been appointed as the new Board Chairperson of VisionFund Uganda. Dr. Muhumuza takes over from Frederick Edward Mwesigye, a veteran of Uganda’s Cooperative movement
October 13, 2025
L–R: Dr. Fred Atwooki Muhumuza, Incoming Board Chair; Mercy Sande Ainomugisha, Chief Executive Officer, VisionFund Uganda; and Ms. Edith Namugga Tusubira, Ag. Commissioner, Microfinance Regulation Department at the Ministry of Finance, Planning and Economic Development, cut the ribbon to officially open VisionFund Uganda’s new Head Office and 26th branch in Kamwokya.

VisionFund Uganda Unveils Its New Head Office and 26th Branch in Kamwokya — A Milestone of Growth and Impact.

VisionFund Uganda (VFU), a leading Christian Microfinance Institution, on Friday, 3rd October 2025, commissioned its new head office premises and 26th branch, located at Plot 45 Kiira Road in Kamwokya, a move
October 10, 2025
Equity Banks Managing Director Gift Shoko planting trees with the students.

Equity Sowing seeds of Impact

As early as 4:30am, Divine Kobusigye the Senior Five Mobiliser at St Julian Secondary School was already dressed in her sparkling well pressed white Shirt and Kaaki skirt. She was beaming with
October 7, 2025
Absa Bank Uganda Managing Director, David Wandera, speaking at the launch of the bank’s reintroduced Custody Services, a milestone move to strengthen Uganda’s capital markets and empower institutional investors.

Absa Bank Uganda Reintroduces Custody Services to Boost Capital Markets

Absa Bank Uganda has reintroduced its custody services in a move that underscores the bank’s commitment to deepening Uganda’s capital markets. The development provides institutional investors with secure, efficient, and compliant solutions
October 7, 2025
Officials from the Ministry of Gender, Labour & Social Development and Centenary Bank, officially hand over mattresses for the two newly constructed to selected vulnerable elderly beneficiaries in Jinja City.

Centenary Bank Hands Over Homes to Vulnerable Elderly in Jinja During International Day for Older Persons 2025 Celebrations

Centenary Bank, in partnership with the Ministry of Gender, Labour and Social Development handed over two newly constructed homes and 50 mattresses to selected vulnerable elderly beneficiaries in Jinja City. The initiative
October 4, 2025
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