Company News

Michael Mukasa appointed CEO of Liquid Intelligent Technologies Uganda 

CEO ReporterCompany NewsNovember 4, 2023November 4, 2023

Liquid Intelligent Technologies (Liquid), a pan-African technology group, has appointed Michael Mukasa as its Chief Executive Officer (CEO) effective October 2023.   With a distinguished career spanning over 15 years in…

Man of steel:  Roofings Group’s Dr Sikander Lalani lays firm foundation for his succession

The CEO Magazine TeamBillionairesCompany NewsThought LeadershipNovember 3, 2023November 3, 2023

On October 4 amid fanfare, billionaire Dr Sikander Lalani chairman of the Roofings Group, inked a deal that will see the firm expand its production to 150,000 tonnes-a-year thanks to a new cold rolling plant at the Namanve Industrial Park. The move, some say, is a bold expression of Lalani’s future intentions as he prepares to consolidate the firm’s position…

Q+A: Centenary Foundation’s Annabel Ogwang-Okot on values-based performance and the Centenary Group’s big agenda on addressing poverty and transforming lives 

Muhereza KyamuteteraC-Suite LeadershipCEO PerspectivesCompany NewsWomen In LeadershipNovember 1, 2023November 1, 2023

First, tell us about the Centenary Foundation. What is it about and what does it stand for? The Centenary Foundation is one of the subsidiaries of the Centenary Group. It…

Centenary Bank re-commits support for the Masaza tournament as Bulemezi wins the 2023 Masaza Cup

CEO ReporterCompany NewsNews & AnalysisOctober 30, 2023October 30, 2023

Centenary Bank has re-echoed its commitment towards the Masaza Cup tournament. This was confirmed by Micheal Jjingo, General Manager of Commercial services at Centenary Bank, as he handed over a cheque…

Manzi Rwegasira appointed Chief Executive of Stanbic Bank Tanzania

CEO ReporterBanking & Financial ServicesCompany NewsOctober 28, 2023October 28, 2023

Manzi Rwegasira has been appointed Chief Executive Officer of Stanbic Bank Tanzania. In a statement the bank said Rwegasira “brings in a wealth of expertise from various facets of banking.”…

Uganda’s Social Security Fund, NSSF, to acquire 10.55% of Airtel Uganda at UGX199 bn

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryOctober 27, 2023October 27, 2023

Uganda’s National Social Security Fund (NSSF) is to acquire 10.55% of the total shares outstanding of Airtel shares in the ongoing Initial Public Offering (IPO) for a consideration of UGX199…

Centenary Bank recognized as “Best Bank” at the 30th Global Finance Awards

CEO ReporterBanking & Financial ServicesCompany NewsOctober 26, 2023October 26, 2023

Centenary Bank has been recognized and awarded as the best bank at the 30th Global Finance awards. In a grand celebration held alongside the IMF World Meetings in Marrakech, Morocco,…

Interswitch Uganda’s Peter Kawumi elevated to East African Regional Managing Director role

The CEO Magazine TeamC-Suite LeadershipCEO Of The WeekCompany NewsExecutive ProfilesOctober 24, 2023October 24, 2023

Following a spirited four and a half years as the Country General Manager of Interswitch in Uganda, Peter Kawumi has been elevated to the Regional Managing Director, East Africa.  In…

Airtel Uganda sweetens IPO by doubling bonus shares to “strengthen the participation of all Ugandans”

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryOctober 24, 2023October 27, 2023

With three days left to the closure of the Airtel IPO, the telco has today announced that it is sweetening it is further sweetening its incentivisation structure, a move, the…

UBL’s Farm for Success program to benefit 50,000 farmers countrywide

CEO ReporterCompany NewsManufacturing & IndustryOctober 24, 2023October 24, 2023

Uganda Breweries Limited (UBL)will expand its Farm for Success, previously Local Raw Material, program from the current 35,000 farmers to 50,000 farmers. The move has been necessitated by the firm’s…