Olivia Byanyima is one of Uganda’s most prominent investment advisory titans. She graduated from Makerere University with a bachelor’s degree in Quantitative Economics before topping it up with a Masters...
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...
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...
Forbes Africa released its annual list of Africa’s billionaires with its 2024 class of 20 billionaires now worth $82.4bn. Collectively, these billionaires would be the 18th richest person in the...
East Africa’s banking sector is a vibrant and dynamic landscape, teeming with innovation and fierce competition. In this bustling financial arena, three Ugandan banks have emerged as formidable contenders, securing...
Centenary Bank, Uganda’s largest commercial micro-finance bank, has been honoured with two esteemed accolades at the prestigious Brand Africa Awards. The bank was recognised as the “Most Admired Ugandan Financial…
Ecobank Uganda has today announced that it has partnered with financial technology firm, MTN Mobile Money Uganda Limited (MTN MoMo) to enable mobile money traders, merchants, and consumers to access…
Looking back, this could be attributed to the relentless effort across the numerous production value chain of Movit from manufacturing to marketing that were both very innovative and aggressive that…
The fourth and last quarter of 2022 is here- and it is time to start planning for those end-of-year office and or family parties and or getaways. It is also…
NTV Tonight, the main English news bulletin for NTV Uganda that airs at 09:00pm is Uganda’s leading English news programme, according to GeoPoll’s Uganda Media Ratings Report for Q1 2019,…
On Sunday, 19th May 2019, the Ruparelia Group opened their iconic Kingdom Kampala Mall, but unlike in many other major Group milestones, there was one person missing- Dr Sudhir Ruparelia,…
Dr. Sudhir Ruparelia is the founder and Chairman of the Ruparelia Group, one of Uganda’s largest business conglomerates with investments in financial services, real estate, education, hospitality, agriculture and broadcasting….
Nineteen (19) of Uganda’s 24 banks in 2018 earned a combined UGX790.3 billion (USD210.3 million) in profit, just about a 1% rise in the UGX786.4 billion made by 18 of the profitable banks in 2017. Five banks in 2018 remained loss making, down from six in 2017. The loss making banks made a combined UGX39.4 billion in losses, nearly 3…
The Pareto principle (also known as the 80/20 rule, the law of the vital few), according to Wikipedia, states that, for many events, roughly 80% of the effects come from 20% of the causes. It has since become an axiom of business management that “80% of sales come from 20% of clients”. RELATED: https://www.ceo.co.ug/2018-ugandas-19-banks-rake-in-ugx790bn-profit-5-banks-still-loss-making/ Mathematically, it is generally believed that…
43 Managing Directors and Executive Directors of 23 of Uganda’s 24 banks, earned an average of UGX61 million or a combined UGX2.6 billion per month. This adds up to a total of UGX31.5 billion a year, according to painstaking research by CEO East Africa Magazine. Also read: https://www.ceo.co.ug/2018-ugandas-19-banks-rake-in-ugx790bn-profit-5-banks-still-loss-making/ According to the research, Barclays Bank’s CEO Rakesh Jha is the highest…
