transaction Archives – CEO East Africa

The Big Yellow Machine: Meet the MTN Exco Team Driving the Telecom’s Accelerated Growth

Paul MurungiExecutive Profiles The Big StoryJuly 2, 2025July 2, 2025

Behind every billion-shilling leap in revenue, every surge in subscriber numbers, and every bold Fintech innovation at MTN Uganda is more than just strategy—it’s a story of people. A story of a sharp, diverse, and execution-driven leadership team that has turned ambition into action and growth into dominance. This is the powerhouse behind the performance. This is The Yellow Machine. MTN Uganda has long been a dominant force in the country’s telecom sector, but over the past two years, the company has entered a new era of accelerated and multidimensional growth, powered by a dynamic Executive Committee and the transformative…

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Stanbic Uganda Posts Record UGX 478 Billion Profit in 2024, Assets Cross UGX 10 Trillion Mark

Paul MurungiBanking & Financial Services East Africa The Big StoryMarch 24, 2025March 24, 2025

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…

Nigerian Billionaire Aliko Dangote’s backed investors take over Java House restaurant chain

Paul MurungiEast Africa Lifestyle News & Analysis The Big StoryMarch 11, 2025March 11, 2025

Leading African private equity firms Alterra Capital backed by Nigerian Billionaire and Africa’s richest man, Aliko Dangote, and Phatisa- an equity firm, have signed agreements to acquire 100% of Java House Africa, from UK’s emerging-market investor Actis, for an undisclosed sum. A statement released by the two equity firms yesterday notes that the investment marks a significant milestone in Java House’s growth journey, reinforcing its position as a category leader on the continent. Founded in 1999, Java House has grown into a household name, offering high-quality coffee and a diverse menu to customers across Kenya, Uganda, and Rwanda. The company…

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dfcu Bank’s No-Cost Utility Bill Payment Promotion–What Customers Need To Know

Paul MurungiThe Big StoryOctober 9, 2024October 9, 2024

In this interview, we learn about dfcu Bank’s latest promotion that allows customers to pay their utility bills at no cost. Dubbed ‘Rates Paka Chini’, this initiative aims to ease customer expenses and support the local economy by encouraging seamless payment processes. Annette Kiconco, the Chief Retail Banking Officer at dfcu Bank, talks to the CEO Magazine about the promotion. What is the main objective of dfcu Bank’s new utilities and statutory collections campaign? The primary objective of our campaign is to make utility and statutory payments more convenient, affordable and accessible for all our customers. We want to ensure…

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