Uganda, a major recipient of America’s foreign aid, could find herself in a tough position after the 47th President of the United States of America, Donald Trump issued an executive...
Government offices have continued to default on water bills which have ballooned to UGX 73 billion as the burden shifts to ordinary Ugandans who shoulder most of the payments. Details...
The Uganda Electricity Transmission Company (UETCL) has been ranked as the most profitable public company with a profit of UGX 82.3 billion earned through energy sales in the Financial Year...
Uganda Airlines’ expansion plan to dominate the aviation industry has been met with financial hurdles after a new Auditor General’s report unearthed the Airlines’ performance for the Financial Year 2023/24...
Airtel Uganda has a new boss, Soumendra Sahu. He joins Uganda’s second-largest telco at an interesting time— increasing competition from MTN, the market share leader, and other independent ISPs. There...
After just about two years, he left to fully work for Guardian Health Limited, a pharmacy business he had started while at the University of Washington with an initial capital…
“An experienced seasoned banker”; “even-tempered gentleman”; “skilled, trusted and with strong integrity”; “humble giant with enormous grit” and the “right man for the job” are some of the words that…
The Board of Directors, of Sanlam General Insurance, has elevated Ruth Namuli, to become the insurer’s Chief Executive for Uganda. The appointment took effect in June 2022. Ruth, who has…
Anthony Kituuka, 47, has been appointed the Managing Director, of Equity Bank Uganda, pending approval by the Bank of Uganda, the financial services regulator. An aggressively passionate and hands-on banker,…
ESTIMATED WEALTH: USD1.2 billion AGE: 65 years SOURCE OF WEALTH: Financial services, real estate, education services, hospitality, agriculture, and media/broadcasting MARITAL STATUS: Married, with 3 Children PHILANTHROPY: Individually and through…
Fabian Kasi is the Managing Director of Centenary Bank, Uganda’s second-largest bank by assets, deposits, lending and profitability. He has been at the helm of the bank since 2010, leading…
After 23 years with Diageo Plc, 16 of them as Chief Executive in various Diageo country operations, Baker Magunda, is retiring from the Group. With over 200 brands and sales in more…
For starters, how do you describe yourself? I have so many ways that I could describe myself. Last year I attended an executive coaching course and the question that I…
Regardless of the tough period, Cedric has held steady, growing the business to 18 stores in 6 towns—the largest pharmacy chain in the country today and growing. Cedric sat down…
You worked for PwC for 27 years, 17 of which you worked as a partner, the highest point in the business, but chose to take early retirement. Why early retirement?…