Company News

Armada Credit Bureau granted 4th credit bureau license by Bank of Uganda

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryNovember 24, 2023November 24, 2023

To further ease and expand access to credit and promote financial inclusion, the Bank of Uganda, Uganda’s central bank, has licensed Armada Credit Bureau Limited as Uganda’s fourth credit bureau….

Umeme’s Florence Nsubuga switches to new role as Berkeley Energy’s Uganda CEO

CEO ReporterCompany NewsExecutive ProfilesThe Big StoryWomen In LeadershipNovember 23, 2023November 23, 2023

Florence Nakimbugwe Nsubuga, the long-serving Umeme Limited Chief Operating Officer, is leaving the the power distributor for a Country CEO role at Berkeley Energy Uganda Limited, CEO East Africa Magazine,…

EXCLUSIVE: Andrew Mashanda to leave Stanbic Uganda Holdings Limited Chief Executive Role

Muhereza KyamuteteraCompany NewsExecutive ProfilesThe Big StoryNovember 22, 2023November 22, 2023

After three years at the helm of Stanbic Uganda Holdings Limited (SUHL), Andrew Mashanda is set to leave the Chief Executive role, CEO East Africa Magazine can exclusively reveal. He…

PRODUCT OF THE WEEK: Enhancing Consumer Experience And Convenience With I&M Bank Uganda’s 24/7 Self-Serve Digital Pod

CEO ReporterCompany NewsNews & AnalysisNovember 22, 2023November 22, 2023

The growth and evolution of 24/7 banking such as internet and mobile banking is now a reality. There is however a big chunk of the economy that is still cash-based. …

Speke Resort Convention Centre, venue for the January 2024 NAM/G77 Summit is 85% complete

CEO ReporterCompany NewsNews & AnalysisThe Executive TravelerNovember 20, 2023January 31, 2024

Construction of the one-of-a-kind 3,800-seater Speke Resort Convention Centre is on schedule and will be completed in time for the 19th Summit of the Non-Aligned Movement to be held in…

PERSON OF THE WEEK: Tina Wamala, President of the Public Relations Association of Uganda

Muhereza KyamuteteraCompany NewsNews & AnalysisNews In PicturesNovember 20, 2023November 20, 2023

Tina Wamala, is a seasoned professional with a wealth of experience in public relations, has been at the forefront of PRAU’s strategic initiatives. Tina’s dedication to the profession was evident…

French insurance broker, Olea, expands to Uganda

CEO ReporterBusiness & MarketsCompany NewsNovember 18, 2023November 18, 2023

Olea Insurance Solutions, the pan-African insurance broker, has acquired a significant stake in Ballpack Insurance Group Uganda, expanding its footprint across the continent to its 25th market in Africa, the…

Ugandan fintech, Pebuu Africa wins impact investment accolade at Go Global Awards in the U.S.

The CEO Magazine TeamCompany NewsNews & AnalysisNovember 9, 2023November 9, 2023

It was all shouts and jubilations in Rhode Island USA as Pebuu Africa, one of Uganda’s leading fintech firms scooped a prestigious Go Global Award for impact investment at the…

Purple Tuesday 2023⏤ together, we can make a difference in the lives of People With Disabilities, one step at a time

Sanjay RughaniBusiness & MarketsCompany NewsThought LeadershipNovember 8, 2023November 8, 2023

Yesterday, November 7th 2023, Standard Chartered Bank marked the 2023 Purple Tuesday with a series of activities that included lighting the bank’s head office purple as well as hosted several…

Strong growth for Airtel Africa despite headwinds in Nigeria

CEO ReporterCompany NewsGlobal NewsNovember 7, 2023November 7, 2023

Airtel Africa registered strong growth, margin expansion and cash generation, despite foreign exchange headwinds in Nigeria, the company results for the financial half year which ended on September 30, show….