Centenary Group, through its technology company – Centenary Technology Services, has signed a landmark Memorandum of Understanding (M.O.U) with Service Cops, formalizing a strategic technology and business partnership aimed at accelerating digital transformation, deepening financial inclusion, and expanding access to modern digital services across Uganda and the wider African region. Service Cops is a Pan African Technology Innovations and Outsourcing Solutions powerhouse that specializes in developing proprietary digital financial solutions, bespoke enterprise platforms and business outsourcing solutions for African markets and beyond. The partnership, coordinated at Group level through Centenary Technology Services (Cente-Tech), brings together Centenary Group’s 43-year legacy of social-impact…
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When Uganda’s Centenary Group and the Roman Catholic Archdiocese of Lilongwe acquired MyBucks Banking Corporation in Malawi in October 2022 and fully rebranded it to Centenary Bank Limited, Malawi, it was a struggling institution. Turning around the institution required not just capital injection, but disciplined leadership, strategic clarity, and deep experience in financial sector transformation. Centenary Group, the majority shareholder, naturally turned to one of their own — CPA Godfrey Byekwaso, FCCA, MBA, a rising professional who for nearly 11 years served as the General Manager Finance (CFO) at Centenary Bank Uganda, the Group’s flagship subsidiary and Uganda’s second-largest bank….
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The Board of Centenary Bank in Malawi has appointed Mr. Godfrey Byekwaso as the Acting Managing Director of Centenary Bank Limited, effective June 19, 2024. This follows the retirement of Mrs. Zandile Shaba who has been the Managing Director of Centenary Bank from 2017 to 2024. Centenary Bank Malawi is a subsidiary of Uganda’s Centenary Group, which also owns Uganda’s second-largest bank- Centenary Bank as well as Centenary Technology Services (CenteTech). Mr. Godfrey Byekwaso has been Deputy Managing Director of Centenary Bank Limited and according to a statement by the bank, “brings over 26 years of progressive experience in banking…
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The development and construction of Centenary Technology Services’s Tier 3 Green Data Center is on schedule and will be completed by the end of 2025, the tech subsidiary of the Centenary Group has said. The project is one of the centrepieces in the tech company’s bid to position itself as a choice ICT solutions company, that delivers innovation that enables and inspires growth. The project has also been positioned by the developer as part of the much-needed tech infrastructure to enhance Uganda’s digital capabilities but also minimise environmental impact through the adoption of renewable energy sources and energy-efficient technologies. …
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Centenary Group has emabrked on the construction of the nation’s first Tier 3 green data center in Masaka, ushering in a new digital era. The data centre will o not only advance Uganda’s digital infrastructure but it emphasize environmentally sustainable technology solutions.Aligning with Centenary’s 40th anniversary in Uganda, the green data center is a testament to the company’s commitment to sustainable development. Designed to minimize environmental impact, the facility will utilize renewable energy sources and energy-efficient technologies, setting a new standard for eco-friendly digital infrastructure in the region. Speaking at the Centenary groundbreaking event, the Bishop of Masaka Diocese and…
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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 is the social development and sustainability arm of the Centenary Group. The Foundation is also the special purpose vehicle through which the Group ensures that social economic impact in the communities is realised, to complement the value-based business results. Centenary Foundation’s vision is a ‘safe and sustainable world where all citizens live a healthy, fulfilled life of self-reliance in dignity’. To achieve this ambition, the Foundation empowers men, women,…
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On 22nd December 2022, the Reserve Bank of Malawi (RBM) approved the conditional offer by Centenary Group in consortium with the Archdiocese of Lilongwe to acquire MyBucks. On 6th March 2023, the RBM granted a full banking license to the Consortium under the new subsidiary, Centenary Bank Limited. The Bank was officially launched on 22nd March 2023. To lead the bank, the Group retained Mrs Zandile Shaba, the former Managing Director of MyBucks. Zandile is a veteran banker with a rich experience in Southern Africa. Between 1997 and 2010 she was Managing Director for BancABC in Mozambique, Zambia and then…
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In his role as CEO of Centenary Technology Services, he spearheads the company’s mission to “develop innovations that are pivotal and relevant, propelling entities toward expansive growth and enhanced operational excellence.” He also drives the subsidiary’s mission to achieve comprehensive digitisation across the Group’s corporate entities. To deliver this mission, Dr. Ssekakubo has assembled an A-team of like-minded technology experts and enthusiasts with over 90 combined years of experience. Peter Kahiigi, the CTO is a digital transformation expert with over 20 years of experience in the delivery of complex, secure, successful IT projects and enterprise risk management. He holds a …
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We are now comfortably past H1 2023. Quickly take through an understanding of how the year has been. Have you been able to maintain 2022’s tempo? The year started sluggishly. It wasn’t easy. But by the time we finished the first six months, we were progressing quite well. Looking at the bottomline, we had achieved UGX165 billion, which is about UGX20 billion above budget and we’re hoping that we’ll be able to maintain that momentum. We expect to be, slightly above our budget for the year. By the end of June 2023, we had mobilised UGX4.6 trillion in deposits, again,…
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For 21 of these 40 years, one man has been working, often unseen backstage, overseeing and guiding this operational excellence, resilience, innovation and growth. His name is Professor John Ddumba-Ssentamu, the Group Board Chairman, Centenary Group Board of Directors. Prof, as he is fondly referred to, has spearheaded the company’s growth aspirations and under his astute leadership, the company has experienced unprecedented growth, diversification, and regional expansion, thereby contributing significantly to the socio-economic development of the East African and SADC regions. A passionate believer in the transformative power of faith and altruism to bring about positive change in the world….
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