Login
Subscribe
TodayWednesday, May 06, 2026

Company News- Page 25

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
From Left to Right: Equity Life Assurance (Kenya) Limited Managing Director, Angela Okinda, Equity Group Managing Director and CEO, Dr. James Mwangi, Director Equity Group Foundation Operations, Dr. Joanne Korir and Equity Bank Kenya Managing Director, Moses Nyabanda, during the Half Year 2025 Investor Briefing event. Equity Group Holdings posted a 17% growth in Profit After Tax to Kshs. 34.6 billion up from Kshs. 29.6 billion for the period ended 30th June 2025, achieving its strongest quarterly performance in history with a Profit Before Tax of Kshs. 22.9 billion in Q2 2025. Total assets grew by 3% year on year to Kshs. 1.8 trillion, while customer deposits rose by 2% to Kshs. 1.32 trillion. Net loans increased by 4% year on year to Kshs. 825.1 billion. Regional subsidiaries contributed 49% of total deposits, 50% of the loan book, and 46% of profit before tax, with markets such as DRC, Rwanda, Uganda, and Tanzania recording strong growth in profitability, deposits, and loans. This performance underscores Equity’s successful transformation from a Kenyan bank into a regional financial powerhouse with an expanding footprint across East and Central Africa.

Equity Group records 17% growth in profit after tax to Kshs. 34.6 billion up from Kshs.29.6 billion as transformation starts to bear fruits, despite challenging operating environment

Four years ago, Equity Group embarked on a journey of transformation. The journey was not of incremental change or optimizing the business but one of self-disruption and complete transformation. Nothing, including the
August 12, 2025
·
Students at Conbert Modern Primary School celebrate after receiving scholastic materials from dfcu Bank during a Corporate Social Responsibility outreach held at the school last week in Abayita Ababiri along Entebbe Road.

dfcu Bank inspires and empowers learners in Conbert Modern Primary School outreach.

dfcu Bank has reaffirmed its commitment to community upliftment and customer engagement through an impactful outreach to Conbert Modern Primary School, a valued customer located in Abayita Ababiri along Entebbe Road. The
August 11, 2025
·
MTN Uganda’s H1 2025 results show double-digit service revenue growth and record margins, despite a Ush 110.9B tax settlement. CEO Sylvia Mulinge says strong data and fintech performance keeps the company on track to meet 2025 targets and deliver shareholder value."
MTN Uganda CEO Sylvia Mulinge is confident in sustaining growth momentum as data and fintech lead double-digit revenue gains, despite a Ush 110.9 billion tax settlement in H1 2025.

Despite UGX 110.9 billion Tax Settlement, MTN Uganda Posts Double-Digit Growth and Record Margins in H1 2025

MTN Uganda has reported strong first-half 2025 results, delivering resilient growth and improved profitability metrics despite regulatory challenges and a one-off UGX 110.9 billion tax settlement with the Uganda Revenue Authority (URA).
August 11, 2025
·
Dr. Daniel Mitchell Talemwa, Executive Director of TMR International Hospital ( R), receives the award from Investment Minister Evelyn Anite as Ms. Agnes Alowo, Chief Operations Manager, looks on.

TMR International Hospital Recognized as Uganda’s Best Private Healthcare Provider at the 2025 Business Excellence Awards

TMR International Hospital, a brand of Tal Medical & Rescue, has been named Best Private Healthcare Service Provider in the Customer Service Experience category at the Business Excellence Awards 2025, cementing its
August 11, 2025
·
Uganda Baati Limited, a member of the Safal Group and Uganda’s leading manufacturer of roofing and building solutions, has appointed Timothy Luzinda as its new Marketing Manager, effective August 2025. Luzinda joins Uganda Baati with over 18 years of experience in marketing, brand management, and commercial leadership, largely built in the fast-moving consumer goods (FMCG) industry. He previously served as Head of Marketing at Crown Beverages Limited (CBL), the PepsiCo International franchise in Uganda, where he led high-impact campaigns, launched new products, and contributed significantly to market share gains across key beverage segments. During his tenure at CBL from 2008 to 2023, Luzinda played a central role in launching successful products such as Mountain Dew, Sting Energy Drink, and Aquafina Water, as well as in repositioning Pepsi Cola in the Ugandan market. As Head of Marketing from 2019 to 2023, he spearheaded the returnable glass bottle initiative "Forever Connected" that generated UGX 21 billion in revenue and drove new consumer engagement strategies that delivered consistent brand growth. Prior to joining Uganda Baati, Luzinda was engaged as a Sales and Marketing Consultant at Wavah Water Limited, where he led a business system audit, introduced indirect distribution channels, and supported the launch of a new affordable water brand. Luzinda began his career in advertising with MCL McCann and ZK Advertising, managing campaigns for high-profile clients such as Celtel Uganda, Standard Chartered Bank, and Uganda Breweries Limited. He holds a Bachelor of Arts in Social Sciences from Makerere University and is a certified member of the Uganda Marketers Society (UMS 110). At Uganda Baati, Luzinda is expected to strengthen the company’s marketing strategy, accelerate customer engagement, and deepen the brand’s market leadership in the roofing and building solutions sector. Uganda Baati has been on a growth path, marked by showroom expansions, increased product diversification, and an emphasis on customer-centric innovation. The appointment of Luzinda signals the company’s continued investment in marketing as a strategic pillar of its future success.

Uganda Baati Appoints Timothy Luzinda as Marketing Manager

Uganda Baati Limited, a member of the Safal Group and Uganda’s leading manufacturer of roofing and building solutions, has appointed Timothy Luzinda as its new Marketing Manager, effective August 2025. Luzinda joins
August 9, 2025
1 … 23 24 25 26 27 … 287

 

Ad3

Ad1

Ad2

error: Content is protected !!
×