I&M Bank Uganda has crossed a historic milestone. For the first time, the Bank’s assets have exceeded the UGX 1 trillion mark, closing at UGX 1.1 trillion at the end…
The handover of Umeme licenses for the sale and distribution of electricity to Uganda Electricity Distribution Company Limited (UEDCL) has put the country’s energy sector into sharp focus, especially with…
She is a distinguished personal and business development consultant with over two decades of experience, dedicated to social entrepreneurship, counselling, personal development, financial literacy, business coaching and curriculum development. As the founder and Executive Director of Kyusa and Kyusa Institute, she has spearheaded numerous initiatives to empower marginalised youth entrepreneurs and women through innovative training and mentorship programmes. An accomplished author, TEDWomen speaker, and recognised leader in community transformation, Dr Kirabo is passionately committed to nurturing, equipping, and inspiring individuals to unlock their full potential and achieve sustainable success. Her burning desire to equip others was birthed in her humble…
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In a strategic move to elevate patient care and experience, C-Care has opened a new clinic combined with diagnostics in Wandegeya, a suburb of Kampala, to a more spacious and aesthetically appealing location on Haji Musa Kasule Mall. C-Care previously operated a smaller facility in the area that had several limitations to patients with access and service availability. “This new location is a testament to C-Care’s commitment to its mission of delivering the most caring medical expertise, always putting our patients first,” the healthcare provider said in a statement. “The new location at Haji Musa Kasule Mall is more…
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In today’s fast-paced world, managing debt wisely is a crucial component of achieving financial stability and long-term prosperity. The latest episode in our wealth series delves deep into the art of effective debt management, offering practical strategies and expert advice to help you navigate your financial obligations with confidence. Debt, when handled strategically, can be a powerful tool for building wealth and securing your financial future. However, it’s essential to approach debt with caution and foresight to prevent it from becoming a burden that weighs you down. A 2023 survey from the Central Bank revealed that 7 out of every…
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Mastercard Foundation has appointed Kenyan business executive, Carole Wamuyu Wainana to its Board of Directors. Carole joins Mastercard Foundation on the back of a tremendous 35-year career as a business leader in Africa, Europe and the USA. She joins a board that includes Zein Abdalla, the retired president of PepsiCo, Ellen Johnson Sirleaf, former president of Liberia and 2011 Noble Peace Prize winner, Louise Arbour, CC, the former Justice of the Supreme Court of Canada and Jay Ireland, the retired president and CEO of General Electric Africa among others. “I am delighted to welcome Carole Wainaina to our Board of…
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The Department of State has publicly designated five current and former Ugandan officials for their involvement in significant corruption or gross violations of human rights. According to a U.S. State Department statement, “Speaker of Parliament Anita Among is designated due to involvement in significant corruption tied to her leadership of Uganda’s Parliament.” “Former Minister of Karamoja Affairs Mary Goretti Kitutu, former Minister of State for Karamoja Affairs Agnes Nandutu, and Minister of State for Finance Amos Lugolobi are being designated due to their involvement in significant corruption related to conduct that misused public resources and diverted materials from Uganda’s neediest communities….
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The Ministry of ICT and National Guidance Permanent Secretary, Dr Aminah Zawedde has launched the West Nile regional ICT Innovation Hub at Muni University in Arua city which is set to boost local entrepreneurship in the region. The need for a regional ICT innovation hub stemmed from the challenges faced by West Nile entrepreneurs in accessing critical resources, getting guidance and internship required as they expand their businesses. Prof. Robert Kajobe, the Muni University Director of Graduate Training, Research and Innovation said, the regional hub will help in addressing the problems entrepreneurs face such as lack of meeting or training…
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While announcing Mumba Kalifungwa’s appointment as Absa Bank Uganda’s Managing Director, on March 23rh 2020, Nadine Byarugaba, the Board Chairman said the bank had all faith in the new Managing Director’s ability to lead the bank to new horizons. “We have no doubt that Mumba’s experience across several African markets, deep knowledge of the bank, as well as his demonstrated strategic and operational vision will be invaluable as Absa firms its position on the continent,” she said. Even though this was the first time Mumba was taking on a CEO role, Saviour Chibiya, the then Regional MD for Absa Regional…
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The Board of Directors of Airtel Uganda Limited has, according to Rules 36(2) and 54 of the Uganda Securities Exchange Listing Rules 2021, appointed Mrs. Suzan Mweheire Kitariko as an Independent Non-Executive Director and Mr. Keith Kalyegira as a Non-Executive Director. The appointment took effect on 26th March, 2024. In a statement, Airtel says, Mrs. Suzan Mweheire Kitariko “brings a wealth of experience and expertise in both Telecommunications and strategic leadership having previously served as Regional Manager East Africa, Google Uganda, Head of Strategy and Transversal Projects, Orange Telecom Uganda”. Suzan is currently the General Manager of SICPA Uganda. “Her…
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