Stanbic Bank Uganda has, today announced the appointment of Samuel F. Mwogeza as its Interim Chief Executive, and Barbara Dokoria as Interim Executive Director effective April 1, 2024, until substantive...
Commercial efforts by Uganda to extract and commercialise her oil and gas resources received a major boost this week as the East African Crude Oil Pipeline (EACOP) Ltd on 26th...
Stanbic Uganda Holdings Limited (SUHL), a franchise of the Standard Bank Group—Africa’s largest commercial lender by assets, has announced a profit after tax of UGX412 billion for the period ending...
The Board of Directors of Diamond Trust Bank Uganda Limited (DTBU) has named Godfrey Sebaana, a seasoned banker with over twenty years of experience, as its new Chief Executive Officer...
In the wake of the announcement of the Final Investment Decision (FID) in February 2022, the Petroleum Authority of Uganda (PAU) has sanctioned contracts valued at approximately USD7.16 billion. Of...
The Competition Authority of Kenya, has penalised Majid Al Futtaim Hypermarkets Limited, which trades in Kenya under the brand name Carrefour, a total of KES 1,108,327,873.60 (USD7.2 million) for separately…
The landmark Africa Fashion exhibition held early this year at London’s Victoria and Albert Museum, which ran from July 2022 to April 2023, was a game-changer for the global prominence…
The Uganda Electricity Generation Company Limited (UEGCL) is staring at UGX 5 trillion outstanding loan obligations from Karuma and Isimba Hydro Power Projects. The loan obligations arise from UGX 1.3…
In her bio on Linked-In, Susan Nsibirwa, the newly appointed managing director of Monitor Publications Limited describes herself as “an avid team player who believes in bringing out the best…
Susan Nsibirwa, a Marketing Communications Consultant and experienced media executive, has been appointed by the Nation Media Group, to head its Uganda unit, CEO East Africa Magazine can exclusively reveal….
Most family-run businesses in East Africa have not prioritized research in order to assist them in recovering from the economic challenges brought about by the Covid-19, a recent survey by…
Citibank Uganda recently announced Dr. Tom Buringuriza, the Country Manager of Armour Energy Uganda as its new Board Chairman. He replaces Geoffrey Kihuguru whose term has ended. Armour Energy Uganda…
Jumia Technologies, a leading announced that it will close its food delivery business, Jumia Food in Nigeria, Kenya, Uganda, Morocco, Tunisia, Algeria and Ivory Coast because it is not profitable. In…
When it comes to entrepreneurship, Aga Sekalala Senior has been there and done that. Starting out, Aga Sekalala Sr. worked alongside his father in a home-based coffee processing business in…
Jumia Technologies, a pan-African e-commerce platform, has announced plans to close its food delivery business, Jumia Food. In a statement, the company said that it “will continue to operate its…