But he was never born with a silver spoon in his mouth. By the time the young Emmanuel first saw an electric light bulb, he was already old enough to understand what it meant to be left behind. He grew up in Buleera, a trading centre in what was then Mubende district, in present-day Mityana District, the last born of four children — one boy and three girls — born to illiterate peasant parents. His father left for Kampala in 1966 in search of casual work and never came back — believed to have been killed in the political…
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Have you ever wondered what truly distinguishes a successful CEO from the rest? Beyond titles, corner offices, and headline results, what habits sustain leaders at the very top? That is especially in environments marked by volatility, regulation, rapid technological change, and heightened stakeholder scrutiny. In Uganda’s evolving business landscape, chief executives are leading institutions that carry enormous economic, social, and national significance. From telecommunications and banking to insurance, capital markets, energy, real estate, and pharmaceutical manufacturing, these leaders operate at the intersection of people, capital, and long-term responsibility. Their decisions ripple far beyond balance sheets, shaping livelihoods, markets, and public…
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Eight finance professionals won ten awards at the 9th edition of the Chief Financial Officer (CFO) Awards 2025 with Peter Ssenyange, CFO, Pearl Bank Uganda Limited emerging the overall CFO award 2025. Peter also won the Sustainability Award. The other double award winner was Ronald Makata, CFO, Stanbic Bank Uganda emerged CFO of the Year (First Runner-Up) and won Finance Transformation & Technology Award and Compliance & Governance Award. The other winners were:- Emmanuel Mugagga, CFO, Uganda National Oil Company – Strategy Execution Award, Irene Mwoyogwona, Head of Finance, Pride Bank Limited – Leadership Award, Bob Okodi, Finance Manager, Amref…
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In 2021, Ajay Kumar Pal became CEO of Cipla Quality Chemicals, now QCIL. He displayed a calm resolve of someone used to pressure. He wasn’t just walking into a leadership role—he was walking into a storm. QCIL, once considered one of Uganda’s most promising pharmaceutical exporters, was in trouble. Covid-19 had scrambled global supply chains, making it harder—and costlier—to move goods. But QCIL’s biggest blow came not from the virus, but from Zambia. For years, the Zambian government had been a key buyer of QCIL’s life-saving drugs. But by the time Kumar took over, those payments had dried up. QCIL…
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As the pharmaceutical world recovers from the Covid-19 pandemic, Uganda’s Quality Chemical Industries Limited (Qcil) is proving that consistency drives long-term success. For the financial year ending March 2025, Qcil…
