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Nile Hotel International, a government-owned company that holds valuable land and buildings mostly for leasing purposes – including the spot where the five-star Kampala Serena Hotel sits — is making…
Hardly two years after arriving in Uganda to take up her very first CEO role at Uganda’s largest telco, MTN Uganda, Sylvia Mulinge has emerged as Uganda’s most admired CEO, in the CEO East Africa Magazine’s inaugural 100 Leading & Most Admired CEOs In Uganda Survey. The 2-in-1 CEO East Africa Magazine’s Most Trusted and Respected Companies & The Most Admired CEOs in Uganda Survey 2024 is part of the magazine’s thought leadership agenda that seeks to create a body of knowledge on what exactly great companies and great leaders are made of, as well as recognise them. “This, we…
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Digital marketing guru, Danze Edwin, previously Next Media Services’ Head of Digital Marketing and Operations has been elevated to Chief Marketing Officer. This follows an ongoing digital-first people shake-up at the Naguru-based multi-media Group. Next Media runs three televisions an online news portal, a radio station, and a media production agency, among other new-media ventures. As CMO, he will be in charge of selling the Group’s refreshed digital-led direction- an all too familiar role, since his previous role, he oversaw digital strategy, analytics, community management, content creation, client service, media buying and monitoring, editorial and production. He has 10-year experience…
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Ugandan business leaders have expressed unequivocal support for the East African Crude Oil Pipeline (EACOP), a project they say will guarantee Uganda’s energy security as well as improve the livelihoods of Ugandans. In a joint statement to the Conference of the Parties (COP) 27, the business leaders said: “As Ugandan private business leaders, we register our support to the Lake Albert Oil & Gas Development project which will secure the supply of Petroleum Products to our domestic market, with the construction of a refinery and the commercialization of Liquefied Petroleum Gas (LPG). The remaining products will be evacuated to the…
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Businessman, tech guru and media mogul, Kin Kariisa has ended his 10 years on the board of Ecobank Uganda, a subsidiary of Ecobank Transnational Incorporated (ETI), one of Africa’s largest financial brands, leaving behind a well-entrenched bank, with great growth prospects. Kariisa who joined the bank’s board, in 2012, rising to become Chairman in 2019, was on Thursday, 12th May, together with Mrs Gertrude Lutaaya, another board member for 10 years, hosted by the bank, to a powerful farewell dinner at the Sheraton Kampala Hotel, in honour of their commitment service. The dinner, which was hosted by Grace Muliisa, the…
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Makerere University has announced a partnership worth UGX200m with NBS Television Limited where NBS will offer live coverage, documentaries, news features, talk shows and digital media coverage. The commitment will go towards supporting the university’s year-long anniversary celebrations, which were launched in November 2021 during a stakeholder mobilization event organized by Makerere. The University has planned activities which include Public lecture series, a centenary conference, the Centenary run, Homecoming Dinner to mention but a few. Opening its doors to 14-day students in 1922, Makerere University has grown to become one of the most prestigious learning institutions in Africa. NBS Television…
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Ecobank Uganda, a subsidiary of the leading pan-African Banking Group, Ecobank Transnational Incorporated, (‘ETI’), and parent company of the Ecobank Group, has announced the appointment of Ms. Grace Muliisa as the Managing Director of Ecobank Uganda. The announcement was made by the Chairman of the Board of Directors of Ecobank Uganda, Kin Kariisa. Grace is a studious professional with over 20 years experience in the Banking Sector, across Africa and Asia. She is a seasoned leader with a track record of championing change, driving strategy, and building a high-performance culture. She brings a wealth of experience in Retail and Commercial…
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Yesterday, March 9th 2017, we reported that Charles Odongtho the talkshow host of Frontline, one of the leading political talkshows in the country, airing on NBS Television had stepped down from hosting the show over an apparent toxic work environment. Our investigation has been able to get hold of Odongtho’s actual resignation letter addressed to Mr. Kin Kariisa, the Chief Executive Officer of Next Media Group in which he details his points of fallout with the station’s management. In the letter, copied to Paul Lwanga, the Next Media Head of Talent as well as fellow Frontliners- Ofwono Opondo and Nobert…
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NTV Uganda, in the year ended December 2018 bagged UGX18.9 billion in gross revenue and made a net profit of UGX600 million, according to figures, this reporter has had exclusive access to. NTV’s archrival, NBS Television, according to our investigation, on the other hand, for the year ended June 2019, made gross earnings of UGX15.5 billion, but unlike NTV, registered a UGX100 million loss. Ordinarily the media honchos at NTV should be happy that they have their act together and they are giving their arch-rival a bloody nose where it hurts- share of wallet. But if you consider the fact…
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The total assets of Uganda’s financial services industry reached UGX.45.81 trillion, or 44.3 percent of Uganda’s GDP, as at end December 2018. The banking sector, dominated 69% of these assets, followed by Pension Funds at 22%, then Funds under Management (6%) and lastly the insurance sector at 3%, according to Bank of Uganda’s Financial Stability Report, June 2019. According to the report, as at end June 2019, the banking sector, continued to flourish with commercial banks accounting for 95.2 percent (UGX30.3 trillion) of the banking sector’s total assets of UGX.31.8 trillion. This was followed by the Microfinance Deposit-taking Institutions (MDIs)…
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