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Company News- Page 19

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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L-R: Stephen Byantware, the Guest of Honour and Commissioner for Crop Protection at the Ministry of Agriculture, 2024 Best Farmer winners, H.E Frederieke Quispel Ambassador of the Kingdom of the Netherlands, Charles Mudiwa, CEO dfcu Bank Flag-off 2024 Best Farmers Awards winners to the Netherlands on Thursday 02nd October 2025 at dfcu Head offices in Nakasero.

dfcu Bank Flags Off 2024 Best Farmers Winners to the Netherlands

dfcu Bank, in partnership with Vision Group, the Embassy of the Kingdom of the Netherlands, KLM Royal Dutch Airlines, and Koudijs BV, has officially flagged off the winners of the 2024 Best
October 3, 2025
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H.E. Virginie Leroy (C), Ambassador of France to Uganda, PostBank Uganda Managing Director Julius Kakeeto (L) Martin Mugisha, Executive Director, Operations (R), and Marc Trouyet, the Country Director for AFD in Uganda, during the announcement the Bank's partnership with Agence Française de Développement (AFD), France’s public development bank, through which15 million EURO, equivalent to UGX 60 billion as a concessional line of credit and an additional 1 million EURO, about UGX 4 billion, technical assistance grant will be extended to PostBank to drive sustainable agriculture. The event was held today, 2nd October 2025 at the Banks Nansana Branch.

PostBank Secures UGX 60 Billion from French Development Bank to Boost Sustainable Agriculture

PostBank, which is rebranding to Pearl Bank, has announced a 13-year strategic partnership with Agence Française de Dévelopement (AFD), France’s public development bank, to support sustainable agricultural financing. Formalized today at the
October 3, 2025
Cheque handover: dfcu Bank partners with the Mastercard Foundation Scholars Program to renovate classrooms and improve learning at Bwera Primary School, Kabale.

PICTORIAL: dfcu Bank Partners with Mastercard Foundation Scholars Program to Renovate Bwera Primary School in Kabale.

dfcu Bank has joined hands with the Mastercard Foundation Scholars Program at Makerere University to support the renovation of Bwera Primary School in Kabale District. The Bank contributed UGX 20 million towards
October 1, 2025
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Islam Mohammed, Managing Director of Vaal Real Estate Uganda, discusses landmark projects like Cadenza and The Bridge, Uganda’s real estate opportunities, and VAAL’s vision to redefine luxury housing and expand across Africa.
Islam Mohammed, Managing Director of Vaal Real Estate Uganda, combines nearly two decades of experience with a bold vision to redefine luxury real estate in Kampala.

Beyond Shaping Skylines: VAAL Real Estate’s Islam Mohamed on Redefining Luxury and Why Uganda is Africa’s Next Big Market

At the centre of this vision is Islam Mohamed, the Chief Executive Officer and Co-founder of VAAL Real Estate Uganda. An electrical engineer by training but a seasoned sales and real estate
September 29, 2025
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A photo collage of Elvis Wavamunno, Executive Director of Spear Group, who also takes charge of the Wavah Water brand, and Uganda Airlines Head of Corporate Affairs & Public Relations, Shakila Rahim Lamar. Wavamunno flatly denies responsibility and shifts blame away from Wavah Water’s factory, while Rahim acknowledges the incident portraying it as an isolated and resolved internal issue.

Cockroach-in-Bottle Controversy Pits Uganda Airlines Against Wavah Water

A leaked internal letter from Uganda Airlines has exposed a bitter dispute with Wavah Water, one of the carrier’s inflight suppliers, over alleged contamination of bottled water served to passengers. The correspondence,
September 28, 2025
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Sam Ntulume, Executive Director and Chief Operations Officer at I&M Bank, speaks during the "Financing Mining and Mineral Value Addition" session.

Mining, Finance, Key Stakeholders Discuss Sustainable Growth at 14th Mineral Wealth Conference

Uganda’s mining industry came under the spotlight this week, as local and international stakeholders and players gathered at the Kampala Serena Hotel for the 14th Annual Mineral Wealth Conference. Organized by the
September 27, 2025
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Members of the FMU pose for a picture together with their partners at the Rajiv Ruparelia Memorial Rally Launch.

KCB Bank and FMU Unveil Continued Partnership, Fueling the Thrill of Ugandan Motorsport Ahead of Rajiv Ruparelia Memorial Rally

KCB Bank Uganda, a financial service provider and long-standing partner of Ugandan motorsport, today announced the continuation of its fruitful partnership with the Federation of Motorsport Clubs of Uganda (FMU) at a
September 26, 2025
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Africa’s broadcasting industry. French entertainment giant CANAL+ announced that its mandatory takeover offer for the shares of MultiChoice Group.

End of an Era: CANAL+ Takes Effective Control of MultiChoice, Creating a Media Giant for 70 Countries

22 September 2025 marked a historic moment for Africa’s broadcasting industry. French entertainment giant CANAL+ announced that its mandatory takeover offer for the shares of MultiChoice Group it did not already own
September 23, 2025
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