dividends Archives – CEO East Africa

Who Is Jones Muhumuza, the Interim CEO Tasked with Steadying Uganda Clays?

Muhereza KyamuteteraThe Big StoryFebruary 1, 2026February 2, 2026

The appointment of Jones Muhumuza as Acting Managing Director of Uganda Clays Limited marks a decisive shift in emphasis at one of Uganda’s oldest industrial companies. Coming at a time…

Uganda Clays’ CEO Reuben Tumwebaze Resigns After a Troubled 5 Years

Muhereza KyamuteteraBusiness & Markets The Big StoryFebruary 1, 2026February 1, 2026

The Managing Director of Uganda Clays Limited, Reuben Tumwebaze, has resigned, bringing to a close a nearly five-year tenure (March 2021–January 2026) defined by heavy capital investment, uneven operating results,…

MTN Uganda Begins Gradual Separation of Mobile Money Business to Attract Fintech Investors

Paul MurungiThe Big StoryJune 11, 2025June 11, 2025

MTN Uganda has officially announced a landmark proposal to structurally separate its mobile money and fintech operations from the core telecommunications business, a move set to redefine the company’s financial…

Stanbic’s Net Profit Touches a Record UGX 478Bn: 10 Facts and Figures That Explain This Record Performance

Paul MurungiBanking & Financial Services Business & Markets East Africa The Big StoryMarch 24, 2025March 25, 2025

Stanbic Uganda Holdings Limited (SUHL) has once again proven its financial strength, posting a record net profit of UGX 478 billion in 2024, up from UGX 411.5 billion in 2023,…