Company News- Page 33

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
Martin Lukyamuzi (C), the Regional Head of Distribution for Greater Kampala, Mufti Muhammad Kadala (3rd R) representing the leadership of Masjid Swaleh, Bombo, some of the representatives from PostBank Uganda, and Swaleh Masjid, Bombo Mosque during a photo moment where PostBank Uganda shared Eid Al-Adha joy with the Muslim community in Bombo today 28th May 2025 and those across different regions through their branches in Arua, Mbale, and Fort Portal. The bank donated cows and goats, ahead of the upcoming Eid Al-Adha celebrations that are marked by the slaughtering of animals such as cows, goats, or sheep, which are then shared among family, friends, and those in need.

PostBank Shares Eid Al-Adha Joy with the Muslim Community Across Different Regions 

PostBank Uganda, whose purpose is to foster prosperity for Ugandans, has today shared Eid Al-Adha joy with the Muslim community across different regions, where the bank has a branch in recognition of
Top, clockwise: Pamela Natamba, Trevor Lukanga, Doreen Mugisha, and Juliet Najjinda—part of PwC Uganda’s tax team that prepared the advisory on the proposed 2025 Tax Amendment Bills, which could reshape Uganda’s fiscal landscape, from income tax reforms to new trade levies.

Inside Uganda’s 2025 Tax Shakeup: Income Tax Exemptions, VAT Crackdowns, and New Trade Levies

Uganda is on the cusp of a significant tax regime transformation as Parliament considers the Tax Amendment Bills 2025, a package of legislative reforms designed to raise domestic revenues, promote compliance, and
May 26, 2025
All eyes on Godfrey Sebaana: As DTB Uganda's CEO, he must prove that the bank’s first significant slowdown in over a decade isn’t a result of his leadership, and that the recalibration he is driving will deliver a strong and sustainable rebound.

All Eyes on Godfrey Sebaana as DTB Uganda’s Decade-Long Growth Trajectory Pauses in His First Year as CEO

Diamond Trust Bank Uganda Limited (DTB Uganda) reported a mixed financial performance for the year ended December 31, 2024, marking a significant inflexion point in its decade-plus-long growth story. After more than
May 26, 2025
From left to right: Sanjay Rughani, CEO Standard Chartered Uganda, Rola Abu Manneh, Standard Chartered CEO for UAE, Middle East and Pakistan, Mr. Moses Bekabye, the Technical Advisor for Economic Affairs from the Ministry of Finance, Planning and Economic Development and Mrs. Maria Kiwanuka - Standard Chartered’s Board Chairperson and Independent Non-Executive Director.

Standard Chartered Uganda Hosts Investment Dialogue to Boost Regional Trade 

Standard Chartered is set to invest in boosting regional trade, particularly between Uganda and the Middle East.  The Middle East has emerged as one of the major export destinations for Uganda according
Kwame Ejalu (left), Sponsor Trustee and Founder of Zamara Uganda, and George William Egaddu (right), Chairperson of the Board of Trustees, Zamara Retirement Fund (ZRF).

Zamara Uganda Surpasses UGX 1 Trillion in Assets Under Administration

Zamara Uganda, the country’s oldest and largest retirement benefits administrator, has crossed a major milestone—surpassing UGX 1 trillion in assets under administration, covering more than 17,000 members across 42 corporate clients. At
May 21, 2025
Andrew Ssekamwa, one of Uganda’s most decorated young finance executives, exited Movit Products after just seven months as Chief Commercial Officer—adding to a growing list of high-profile departures at the personal care giant.

Andrew Ssekamwa Exits Movit After Just Seven Months Amid Talk of Role Incompatibility 

Andrew Ssekamwa, who was appointed Chief Commercial Officer (CCO) at Movit Products Limited in September 2024, has exited the role after just seven months, deepening concerns around executive turnover at the personal
Impact in Motion: Catherine Poran, CEO of Stanbic Business Incubator, addresses entrepreneurs on building sustainable businesses at a recent SBIL event in Kampala. In its 6 years of existance, the incubator has empowered over 7,000 entrepreneurs across Uganda.

Six Years of Impact: Stanbic Business Incubator Empowers 7,000 Entrepreneurs to Thrive

The Stanbic Business Incubator (SBIL) is transforming how entrepreneurship is nurtured in Uganda and going beyond traditional financial services to connect small and medium enterprises (SMEs) directly with market opportunities, unpack their
May 15, 2025
Uganda’s top legal, financial, and business succession experts—joined by billionaire industrialist Deo Kayemba—will headline the TARA Estate Planning Symposium 2025. This powerhouse lineup brings real-world experience in building, preserving, and transitioning family and business wealth across generations.

TARA Advocates to Host Estate Planning Summit on Securing Generational Wealth

In a timely and strategic move to deepen conversations around wealth preservation and succession planning in Uganda, TARA Advocates—a leading women-led commercial law firm—will host the TARA Estate Planning Symposium 2025on Thursday,
May 14, 2025
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