finance costs 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…

Airtel Uganda Revenue hits UGX 1.07 trillion as net profit rises to UGX 197.2 billion in H1 2025

Paul MurungiCompany News The Big StoryAugust 28, 2025August 28, 2025

Airtel Uganda closed the first half of 2025 with another step up in scale and profitability, as data demand propelled revenue growth and a strong lift in earnings. Reported revenue…

Airtel Uganda half-year profit surge to UGX 153 billion on the back of data and voice segments

Paul MurungiBusiness & Markets The Big StoryOctober 30, 2024October 30, 2024

Airtel Uganda posted total revenue of UGX 966 billion in the first half of 2024, and a final profit of UGX 153 billion largely driven by data and voice revenue. …