profit Archives – CEO East Africa

Auditor General reveals most profitable and loss-making gov’t agencies

by Paul MurungiCEOs Finance ICT Industry & Analysis Manufacturing News & Analysis The Big Story UETCLJanuary 17, 2025January 18, 2025

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…

Rubanda’s woman’s path to prosperity with dfcu Bank’s GROW Loan

by Paul MurungiCompany NewsNovember 30, 2024November 30, 2024

For years, Gillian Kiconco, a dedicated young woman from Rubanda District, dreamed of making a difference in Uganda’s agricultural sector. With a Diploma in Crop Production and a Bachelor’s in…

Equity Group Holdings PLC Reports 3rd Quarter 2024 Profit After Tax of Kshs 40.9 Billion

by Brian EmorutAfrica Company News East Africa Finance The Big StoryNovember 12, 2024November 12, 2024

Against a backdrop of continued macroeconomic headwinds of high interest rates and volatile exchange rates across the markets that the Group operates in, Equity Group Holdings Plc (EGH) continues to…

Stanbic Bank Uganda’s net profit surge to UGX 236 billion in the first half of 2024

by Paul MurungiCompany NewsAugust 18, 2024August 18, 2024

Stanbic Bank Uganda has maintained a strong growth momentum in the first half of 2024 posting a profit of UGX 236 billion on its income statement. This represents a 17.6…

Sanlam Life Insurance Family Protection Plan still on course for Policyholders in Uganda

by Paul MurungiCompany News The Big StoryJuly 18, 2024July 18, 2024

The Sanlam Life Insurance Uganda Chief Executive Officer, Gary Corbit has clarified about the legal status of Sanlam’s existing Family Protection Plan product, noting that its still on course, and…