In a world where conflict still undermines development, the Rotary Peace Centre at Makerere University is a beacon of hope and transformation. This Centre, the first of its kind in...
Uganda’s personal care manufacturing major, Movit Products Limited, has appointed Steven Mwesigwa as its incoming Group Managing Director, effective January 2025, CEO East Africa Magazine can exclusively reveal. He has...
In response to a recent question from one of the law students at Bibi Rukwenje’s Boundless Minds conversation, I realised I had not fully addressed why I find the advice...
By Francis Lutalo The banking industry is facing unprecedented times with the need to adapt faster to emerging technology to serve the ever-changing client needs. Faced with competition from other...
The last 24 months have been some of the most volatile and unpredictable for several African markets. From steep currency fluctuations, persistent inflationary pressures and oscillations in consumer expenditure. There...
Finance Minister Matia Kasaija has hailed I&M Bank for meeting its minimum paid-up capital requirements of up to UGX 210 billion. Minister Kasaija noted the Bank was resilient and adaptable in the face of emerging challenges, demonstrating the ability to remain financially stable, and compliant with Uganda’s new enhanced capitalisation programme, while Speaking at the Bank’s 50th anniversary celebrations that…
Uganda Communications Commission (UCC) Telecom and Electrical Engineer, Irene Kaggwa-Sewankambo has resigned from her role of Director Engineering and Communications Infrastructure, according to a leaked internal email sent to UCC staff, and authored by Joyce Kasirye, UCC Director of Human Resource and Administration. Until her resignation, Kaggwa was largely known in the public arena for her role as the former…
Mastercard Foundation has appointed Kenyan business executive, Carole Wamuyu Wainana to its Board of Directors. Carole joins Mastercard Foundation on the back of a tremendous 35-year career as a business…
The Yield Uganda Investment Fund, managed by Pearl Capital Partners, has announced the successful equity investment exit from Enimiro, a Ugandan vanilla processor and exporter. This exit, the first of…
Uganda recently held the 8th annual East Africa Private Equity and Venture Capital Association (EAVCA) Private Capital Conference at the swanky lakeside Speke Resort Convention Centre in Munyonyo under the…
The Ugandan national budget for 2024/2025 was approved by Parliament, with a total expenditure of UGX72.136 trillion. The biggest portion of this⏤ UGX31.98 trillion will be financed by domestic revenues…
A stormy meeting chaired by President Museveni on Wednesday night to resolve the fights between Evelyn Anite, the Investment and Privatisation Minister, and Uganda Investment Authority (UIA) boss, Robert Mukiza, ended with the President calling for Anite to forgive Mukiza, and have speedy investigations instituted into the loan agreements signed to re-develop the Namanve Industrial Park infrastructure. The Attorney General…
PostBank Uganda Managing Director who also doubles as Uganda Bankers Association (UBA) Chairman, Julius Kakeeto has encouraged businesses to embrace Environmental Sustainability Governance (ESG) practices not just as a regulatory requirement, but also as a strategic move towards enduring sustainability and resilience in a dynamic business environment. Mr Kakeeto was speaking at the 7th Annual Bankers Conference held under the…
Lucky Dube. Boys II Men. These aren’t names usually associated with banking. However, it speaks volumes to the kind of trailblazer that dfcu Bank is and how it’s helped to support other Ugandan trailblazers and transform Uganda society in the process. It’s a little over 30 years since dfcu agreed to finance the startup of Capital Radio in 1993, the…
Simpson Birungi founded Movit Products Ltd in 1997, starting with a makeshift workshop in Namasuba, Wakiso District. Since then, the company has grown into a multi-billion enterprise, becoming one of…
