Company News- Page 36

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
Left to right: Richard Mugera, an Associate Partner at Ascent Capital; Marieke Geurts, Investment Director at Amethis; Edward Burbidge, CEO of I&M Burbidge; Edgar Mukasa, Associate Director of tax and regulatory Services at KPMG Uganda; and Kendall Evans, a Partner at Bowmans Kenya. All emphasise the importance of communicating and managing stakeholder expectations before, during, and after investments, as well as when planning for and executing exits.

CONSCIOUS UNCOUPLING: Navigating the Complexities of Private Equity Exits: Expert Lessons from East Africa 

Private equity (PE) transactions are often hailed as engines of economic growth, bringing much-needed capital to businesses and boosting their expansion potential. However, poor planning and misaligned expectations between investors and investee
April 16, 2025
Catherine Twesigye, newly appointed Head of Premium Spirits at Uganda Breweries, brings over a decade of marketing leadership to steer iconic brands like Johnnie Walker and Don Julio into Uganda’s evolving premium market.

Catherine Twesigye Appointed Head of Premium Spirits at Uganda Breweries

Uganda Breweries Limited (UBL) has named Catherine Twesigye as the new Head of Premium Spirits, marking a strategic move to bolster leadership in Uganda’s rapidly expanding premium and reserve spirits segment. Catherine
April 15, 2025
Ivan Kituuka, Head of Distribution and Alternate channels at Housing Finance Bank giving a speech during the event at the bank headquarters in Kololo.

Housing Finance Bank and Pesapal Uganda Partner to Drive Cashless Economy Through Enhanced Digital Payment Solutions.

Housing Finance Bank (HFB) has partnered with Pesapal Uganda, a leading provider of digital payment and business solutions, in a strategic move aimed at enhancing payment experiences for both customers and businesses.
I&M Bank CEO, Robin Bairstow (4th from the right), joins other panelists for a photo moment after speaking on the Finance, Investments, and Public-Private Partnerships (PPPs) Panel.

SDG Activation Day in Uganda highlights private sector’s role in advancing 2030 Agenda

On Monday, April 7, 2025, Speke Resort Munyonyo hosted the SDG Activation Day themed “Forward Faster Now in Africa,” a private sector space within the 11th Africa Regional Forum on Sustainable Development
NCBA and African Guarantee Fund (AGF) Strengthen Small and Medium Enterprise (SME) Financing with KES 3 Billion Renewal, Prioritizing Women-Led Businesses.

NCBA and African Guarantee Fund (AGF) Strengthen Small and Medium Enterprise (SME) Financing with KES 3 Billion Renewal, Prioritizing Women-Led Businesses.

NCBA on Monday renewed its partnership with the African Guarantee Fund (AGF) to enable the Group provide financial solutions to SMEs, through an enhanced guarantee agreement of KES 3 billion for 10
Uganda’s Q1 Stock Market Champions: Airtel Uganda, QCIL, Stanbic, and Bank of Baroda have been named to Crested Capital’s inaugural Black Diamonds list after delivering total shareholder returns above 25% — outshining government securities in the first quarter of 2025.

Airtel, Quality Chemicals, Stanbic Uganda and Bank of Baroda Make It to Crested Capital’s Q1 2025 Black Diamonds List

Crested Capital, a leading investment advisory firm and licensed broker on the Uganda Securities Exchange (USE), has unveiled the inaugural edition of its “Black Diamonds” list — a quarterly watchlist of top-performing
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