You took over as Managing Director in 2019, just before the global disruption of COVID-19. What were your immediate priorities stepping into the role, and how did you steer Kansai Plascon through those uncertain times? Our priority when COVID-19 cases were recorded in Uganda and SOPs were issued was to protect our staff, because they are the drivers of the Plascon engine. We implemented strict health and safety measures across all our operations. We also ensured job security by paying full salaries to all staff throughout the lockdown period to maintain morale. The next priority was to keep operations running…
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By Michael Jjingo In today’s business world, digital transformation is no longer a buzzword thrown around in boardrooms, it’s the air we breathe. The question is not if disruption will come knocking,…
Despite global economic uncertainty and geopolitical tensions, African CEOs are optimistic about their own organisations’ growth prospects. This is according to the KPMG 2025 Africa CEO Outlook Survey, which captures…
Wendi, the digital wallet developed by Pearl Bank (formerly PostBank Uganda) has today announced a partnership with TotalEnergies Marketing & Services (M&S) aimed at simplifying customer payments at all Total fuel stations using the…
In May 1995, Celtel hit the ground running with the launch of the first mobile phone in Uganda, a rare opportunity in the country’s history that has gone on to transform generations and inspire innovations. What began as a definition of class and luxury quickly transformed into a necessity that sparked a quiet revolution, altering Uganda in numerous ways. And 30 years later, no one could have guessed the diversification of opportunities and services that have come with the mobile phone. Today, the landscape of the telecommunications sector has become dynamic and increasingly shaped by the visionary leadership and technical…
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In a region hungry for industrial transformation, one man is quietly forging a revolution. Sanjay Awasthi, the reclusive billionaire behind Tembo Steels, has built Uganda’s most advanced and environmentally conscious steel empire. With innovation, vertical integration, and a soft-spoken resolve, he’s proving that you don’t need noise to build a nation—just vision, steel, and heart. A quiet revolution is underway in the heart of Iganga District in eastern Uganda. At the centre of it stands a man who rarely seeks the spotlight but whose influence has reshaped an entire sector. Sanjay Awasthi, the Chairman and Founder of Tembo Steels Uganda…
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Absa Bank Uganda has announced the appointment of David Wandera as its new Managing Director, effective 5 May, 2025, following regulatory approval from the Bank of Uganda. He succeeds Mumba Kalifungwa who joined Stanbic Bank, and therefore, becomes the first Ugandan to hold the position in the bank’s more than 90-year history in Uganda. David is an accomplished banker with over 20 years of diverse experience in business leadership, financial management, strategy and stakeholder engagement. Prior to this appointment, he served as Executive Director charged with the responsibility of delivering operational efficiencies within Absa Bank Uganda. He played a critical…
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Airtel Uganda has today reinforced its commitment to providing superior network connectivity by commissioning seven new network sites in Arua Municipality. This expansion is part of Airtel’s continued investment in…
Stanbic Uganda Holdings Limited (SUHL), the parent company of Stanbic Bank Uganda and four other subsidiaries, has announced a record net profit of UGX 478 billion for the financial year…
East African CEOs are charging into 2025 with a sharpened strategic lens—facing volatility with resilience, embracing transformation with intention, and leveraging technology with purpose. PwC’s 28th Annual Global CEO Survey – East Africa Perspective reveals a region where business leaders are not only optimistic about the future but are already well into a reinvention journey. “Reinvention as a strategic imperative remains the main theme of this year’s report, as East African CEOs remain focused on innovation and adapting to evolving market conditions,” says Peter Ngahu, Regional Senior Partner, Eastern Africa. This East Africa edition of PwC’s 28th Annual Global CEO…
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