Company News- Page 30

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
David Opio Obwangamoi, Executive Director and Founder of gnuGrid CRB, during an in-depth interview on the future of digital lending in Africa. From SIM card data to behaviour-based credit scores, David unpacks how gnuGrid is turning mobile footprints into financial identities—and why scalable, real-time credit scoring is the key to unlocking true financial inclusion.

Turning SIM Cards into Credit Scores: How gnuGrid CRB Is Making the Invisible Bankable in Uganda

Looking back, 10 years ago, the whole concept of credit health was just beginning to take shape—banks were only starting to engage, and technology hadn’t really entered the scene yet. There were
July 4, 2025
Félicité Nson, currently Managing Director of Guinness Ghana Breweries, is set to take over as MD of Uganda Breweries Limited. A seasoned Cameroonian executive with a pan-African track record at Diageo, Coca-Cola, and MTN, she brings a reputation for margin growth, culture transformation, and shareholder value creation.

Who is Felicite Nson, the Incoming Managing Director of Uganda Breweries?

Uganda Breweries Limited (UBL)—a subsidiary of East African Breweries Limited (EABL), itself owned by Diageo plc, the global leader in beverage alcohol with an outstanding portfolio of spirits and beer brands—has appointed
July 2, 2025
Some of the beneficiaries being guided on how to access Parish Development Model Funds via Wendi.

UGX 1 trillion Disbursed Through Wendi in PDM Rollout

A trillion shillings has been disbursed to Parish Development Model (PDM) beneficiaries through Wendi, a digital wallet developed by PostBank Uganda, marking a significant milestone in Uganda’s push for financial inclusion at
July 2, 2025
Doreen Atuheire Kabachelor, the Head of dfcu Women in Business, says the program targets women-led SMEs, including those structured as sole proprietorships or companies where women own at least 50% of the shares.
Doreen Atuheire Kabachelor, the Head of dfcu Women in Business, says the program targets women-led SMEs, including those structured as sole proprietorships or companies where women own at least 50% of the shares.

Unlocking Her Economy: How dfcu Bank’s Women in Business is Reshaping the Entrepreneurial Landscape

In Uganda’s evolving entrepreneurial landscape, where the promise of entrepreneurship often ends at the gates of gender inequality, dfcu Bank is quietly building a new gateway—one designed not just for access, but
Ian Rumanyika has been appointed as the new Chief Executive Officer of Node Group.

Ian Rumanyika Becomes New CEO of Node Group

Ian Rumanyika has been appointed as the new Chief Executive Officer of Node Group, a leading PR, marketing, and digital communications agency in Uganda. His appointment comes at a pivotal time as
From Left to Right: Rosa Nduati-Mutero, Managing Partner, ALN Kenya, Equity Group Chairman, Prof. Isaac Macharia, and Equity Group Managing Director and CEO, Dr. James Mwangi, during the Group’s 21st Annual General Meeting. Equity Group Shareholders approved a record Kshs. 16 billion dividend payout at Kshs. 4.25 per share, reaffirming the Group’s commitment to shareholder returns. They also endorsed key governance policies, approved new board appointments, acknowledged the retirement of four longtime directors, and authorized the opening of a Representative Office in the UAE.

Equity Bank Set to Open in United Arab Emirates

In a landmark decision, Equity Group has received shareholder approval to establish a Representative Office in the United Arab Emirates (UAE), marking a significant step in its strategic expansion beyond Africa. Subject
From Left to Right: Bernice Kimacia, Auditor, Pricewaterhousecoopers, Equity Group Chairman, Prof. Isaac Macharia, and Equity Group Managing Director and CEO, Dr. James Mwangi, during the Group’s 21st Annual General Meeting. Equity Group Shareholders approved a record Kshs. 16 billion dividend payout at Kshs. 4.25 per share, reaffirming the Group’s commitment to shareholder returns. They also endorsed key governance policies, approved new board appointments, acknowledged the retirement of four longtime directors, and authorized the opening of a Representative Office in the UAE.

Equity Group holds 21st Annual General Meeting; Approves Dividend, Directors Elections, Governance Policies and UAE Representative Office

Equity Group Holdings Plc held its 21st Annual General Meeting (AGM), where shareholders voted in favor of all the proposed resolutions, demonstrating strong confidence in the Group’s strategic direction and governance. The
June 30, 2025
Mubeezi Irene Lydia, founder of East Star Health Products Ltd (R) displays her product tin together with locals in Budondo Sub-County, Jinja City, Eastern Uganda.

dfcu Rising Woman Spotlight: How Mubeezi Irene is transforming health, naturally.

In the heart of Budondo Sub-County, Jinja, a quiet revolution in health and wellness is unfolding—powered by avocado seeds and the visionary mind of one woman: Mubeezi Irene Lydia, founder of East
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