When Dr. Richard Wemesa was announced as second runner-up at the 2025 Best Farmers Awards, the applause that followed did not merely celebrate a well-run farm in Wakiso District. The...
Airtel Africa on Tuesday announced an agreement with SpaceX to introduce Starlink Direct-to-Cell satellite connectivity across all its 14 markets that serve 174 million customers. Through this partnership, Airtel Africa...
Centenary Bank has donated 10 computers to Our Lady of Consolata-Kisubi Hospital in a move aimed at strengthening digital health systems, improving patient record management and enhancing the overall quality...
Uganda’s business and leadership elite convened on Sunday, December 14th, afternoon for an intimate and highly curated Johnnie Walker Blue Club experience, hosted by renowned businessman and philanthropist Bob Kabonero...
I&M Bank has introduced IMBRISK, a transactional solution that enables customers (new and existing) to deposit, withdraw, and transfer funds across I&M Bank branches in Uganda, Kenya, Tanzania, and Rwanda....
The Government of Uganda will renew Umeme Limited’s electricity distribution concession, Hon Matia Kasaija the Finance, Planning and economic Development minister, has confirmed, ending months of uncertainty and speculation. “With…
Equity Bank Uganda, on 13th June, 2019 opened their latest Supreme Banking branch on Luthuli Avenue right opposite Nice House of Plastics. Supreme banking offers customized banking solutions with exclusive…
Orient Bank, one of the leading commercial banks in Uganda has partnered with Makerere University Business School (MUBS), Uganda’s oldest business education center, to train and facilitate over thirty small…
The two Uganda mainstream English newspapers, The New Vision and Daily Monitor, combined, sold 5% less newspapers in Q1, 2019 compared to a year ago, in Q1, 2018. According the…
For the last 12 years, Patrick Bitature has been Umeme Limited Chairman- since 2007. He has overseen the company’s $600 million investment into restoring and expanding the country’s electricity network.
During his tenure, Umeme has connected over 1 million more customers, increasing their customers by 328.4% from 303,000 customers in 2007 to 1,300,000 customers. Distribution losses have been more than halved from, 35% to 16.6%. The power distributor has also matured into a UGX2.5 trillion company, by assets, up from UGX350.3 billion company in 2007.
In this second part of our interview, he shares with CEO East Africa Magazine Executive Editor, Muhereza Kyamutetera, Umeme’s commitment to investing in powering Uganda’s development agenda with a long-term view to creating a world-class distribution network and affordable power for all.
Patrick Bitature is a Ugandan businessman and serial entrepreneur. He is the founder, Chairman and CEO of Simba Group of Companies. Founded in 1998, Simba Group is a conglomerate of East African companies spanning…
Goldstar Insurance Ltd underwrote UGX3.7 billion more premiums in 2018, than it did in 2017, according to preliminary reports from the Insurance Regulatory Authority (IRA), the industry regulator. The firm,…
Today, he is Chairman, Afrisafe Risk Consultants and is about to make a major announcement in the pensions industry. Ejalu who between October 2010 and June 2014 served on the…
The top 10 non-life insurance companies, control 87.7% of the category, having underwritten UGX499.8 billion in premiums- out of a total of UGX569.96bn in non-life category premiums. They are: Jubilee…
American International Group (AIG) has tapped on seasoned insurance executive, Lydia Kayonde to lead their re-entry into the Ugandan market, CEO East Africa Magazine has learnt. The Insurance Regulatory Authority’s…
