Company News

Stanbic Uganda Appoints Grace Semakula as New SBG Securities Chief Executive

Muhereza KyamuteteraCompany NewsExecutive ProfilesThe Big StoryMarch 1, 2024March 1, 2024

Stanbic Uganda Holdings Limited (SUHL) has appointed Grace Semakula as the new Chief Executive for SBG Securities Uganda Limited (SBGS) and by virtue of that position, an Executive Director on…

Rebuilding hope and healing to the most vulnerable⏤ Watoto Church raises UGX56.5 bn to care for its 3,336 children

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryMarch 1, 2024March 1, 2024

Watoto, probably one of Uganda’s most trusted and respected non-profit organisations, in 2022 turned over UGX56.5 billion. The Watoto earned UGX53.2 billion from its mainstream activities – a 1% increase…

Airtel Uganda joins hands with Buganda Kingdom for the 11th Edition of the Kabaka Birthday Run against HIV/AIDs

CEO East Africa MagazineCompany NewsNews & AnalysisFebruary 29, 2024February 29, 2024

In partnership with the Buganda Kingdom, Airtel Uganda has announced the launch of the 11th edition of the highly anticipated Kabaka Birthday Run. Since its debut over 10 years ago,…

I&M Bank intensifies fight against HIV/AIDS as Kabaka Birthday Run official bank sponsor

Muhereza KyamuteteraCompany NewsNews & AnalysisFebruary 29, 2024February 29, 2024

I&M Bank has for the second year running confirmed its sponsorship of the Kabaka Birthday Run slated for April 7th 2024 in Kampala. The Run is an annual event in…

PostBank’s Wendi hits UGX200 bn in payments to over 200,000 PDM beneficiaries

CEO East Africa MagazineCompany NewsThe Big StoryFebruary 24, 2024February 24, 2024

In just four months after its launch, PostBank Uganda’s digital wallet, Wendi has hit a record UGX200 billion in payments to over 200,000 Parish Development Model (PDM) beneficiaries countrywide.  According…

I&M Bank banks on its new multi-million-dollar Finacle Core Banking System to enhance efficiency and customer experience; capture market share

CEO East Africa MagazineCompany NewsThe Big StoryFebruary 21, 2024February 21, 2024

I&M Bank Uganda has taken a major step in its digital transformation journey by upgrading its Core Banking System to Finacle, a more robust and versatile application. The move, which…

Absa Bank Uganda sends Golfers for the 2024 Magical Kenya Open

CEO ReporterBanking & Financial ServicesCompany NewsFebruary 15, 2024February 15, 2024

Absa Bank Uganda has flagged off the 10 golfers from Uganda who will be taking part in the Pro-Am event of the 2024 Magical Kenya Open. The tournament starts next…

TravelNeza promotes Lahmuel Mukundenta to Chief Executive

CEO East Africa MagazineCompany NewsThe Executive TravelerFebruary 13, 2024February 13, 2024

TravelNeza, a Ugandan leisure holidays company has promoted Lahmuel Mukundenta to become its next Chief Executive Officer. He previously has been the company’s NezaClub Executive. NezaClub is the company’s group…

Stanbic Bank Uganda’s Executive Director, Emma Mugisha joins Access Bank Plc

Muhereza KyamuteteraCompany NewsThe Big StoryWomen In LeadershipFebruary 13, 2024February 23, 2024

Emma Mugisha, the current Executive Director and Head of Business Banking at Stanbic Bank Uganda has been picked by Nigeria’s pan-African Access Bank Plc, for a continental regional role, that…

UBA Uganda’s Chioma Mang turns down Central Bank of Nigeria’s appointment as ED of troubled Keystone Bank

CEO East Africa MagazineCompany NewsThe Big StoryFebruary 13, 2024February 13, 2024

Chioma A. Mang, the Managing Director/CEO of United Bank for Africa in Uganda, has turned down an appointment by the Central Bank of Nigeria (CBN) to take up the Executive…