Company News- Page 32

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
The Katikkiro of Buganda, Owek. Charles Peter Mayiga(C), Airtel Uganda Managing Director, Som Soumendra (5th L) with other officials from both Airtel Uganda and Buganda at the Launch of the 2025 Airtel Masaza Cup. The launch event celebrated the tournament’s legacy of uniting communities and developing youth talent.

Airtel Uganda, Buganda Kingdom Launch 2025 Masaza Cup to Promote Grassroots Youth Talent

Airtel Uganda, in partnership with the Buganda Kingdom, has officially launched the 21st edition of the highly anticipated Airtel Masaza Cup football tournament. The launch event, held in Kampala at Bulange, celebrated
June 19, 2025
Mr. Rajesh Agarwal, Network Director at Airtel Uganda, giving his remarks at the launch of Network as a Service (NaaS). This subscription-based enterprise solution enables businesses to access a scalable, secure, and fully managed network infrastructure without the need for upfront hardware investment.

Airtel Uganda Launches Network as a Service (NaaS), Powered by Cisco.

Airtel Uganda, in partnership with Cisco, has today launched Network as a Service (NaaS) – a subscription-based enterprise solution that allows businesses to access scalable, secure, and fully managed network infrastructure without
June 19, 2025
John Kawuma (left), CEO, and Jay Sakaria, Chief Actuary — the leadership duo driving Goldstar Insurance’s steady rise in Uganda’s competitive insurance landscape. In 2024, under their strategic guidance, Goldstar ranked 6th among all non-life insurers and reaffirmed its standing as the No.1 largest indigenously owned insurer in a market largely led by multinationals, according to the Insurance Regulatory Authority’s annual report.

Goldstar Insurance Reaffirms Financial Strength with AA(UG) GCR Rating 

Goldstar Insurance Company Limited has once again reinforced its position as one of Uganda’s most trusted and financially robust insurers. On May 12, 2025, GCR Ratings reaffirmed the company’s national scale financial
June 18, 2025
Simpson Birungi (left), Executive Chairman and Founder of Movit Group, with his son Stuart Birungi, the newly appointed Group COO. As Movit expands across Africa, questions loom over whether Stuart is being groomed to inherit the leadership mantle.

Is Stuart Birungi the Crown Prince to the Movit Personal Care Empire?

In January 2025, Stuart Birungi was officially appointed as the Chief Operating Officer (COO) of Movit Group. His elevation to the role, after over a decade of service across Uganda, Tanzania, and
June 14, 2025
Dr. Emma Naluyiima poses for a photo shortly after winning the dfcu Bank - Vision Group Best Farmers Award. She is also part of the Judges for the 2025 edition.

Prosperity From Purposeful Passion: Dr. Emma Naluyima talks about her farming journey, bolstered by dfcu Bank.

CEO East Africa Magazine recently had the opportunity to speak with Dr. Emma Naluyima, a Ugandan veterinary doctor with a Bachelors in Vet Medicine (BVM) and a Masters in Health Services Research
(3rd Left) Andrew Kabeera, PostBank Uganda Executive Director, Ibrahim Kato (2nd Right) Chief Chief Retail Officer at PostBank Uganda and other officials during the ACF Awards

PostBank Wins Top BoU Award as Small Business Recovery Fund Grows to UGX 30 Billion in Disbursements

PostBank Uganda emerged as the overall best-performing Tier 1 Bank recognised by the Bank of Uganda at the Award Ceremony for Participating Financial Institutions in the Agricultural Credit Facility (ACF) and the
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