Nairobi, August 30th 2021: Regional Financial Services Group, I&M Group PLC has announced an increase of 33% after tax profit for its 2021 half year financial results up from UGX 102.5 billion to UGX 134.6 billion. The Group’s Total Assets recorded a growth of 12% to close at UGX 12.2 trillion up from UGX 10.9 […]
Nairobi, August 27th, 2021: Equity Group Plc intensified its ‘shared prosperity’ business model in the first half of 2021 by investing US$ 496 million (approx KES 54.3 billion) in social impact projects through Equity Group Foundation. The projects are anchored around the Foundation’s key pillars, namely: health, energy and environment, food and agriculture, enterprise development […]
Kampala, Thursday, August 26, 2021: Stanbic Bank Uganda has unveiled a special financial services package targeting members of the legal fraternity, climaxing the 4th annual law conference held this week in Kampala, on an exciting note for legal professionals. Sam Mwogeza, Stanbic Bank Uganda’s Head of Consumer and High Net Worth banking presided over the […]
Kampala, 25th August 2021 – Kenya Commercial Bank (KCB) has today announced a financing support Memorandum of Understanding (MOU) with the Uganda National Association Of Building And Civil Engineering Contractors (UNABCEC) for the association’s members. The announcement followed the official signing of the MOU by the Managing Director, KCB Uganda and UNABCEC at KCB Head […]
Kampala, 23rd August 2021: Airtel Uganda, The Smartphone Network with the widest 4G coverage in Uganda, has today unveiled Revamped Double Data Bundles. The offer will be extended to new Smartphone users on the Airtel network, to allow them enjoy superfast browsing experience for their day-to-day internet needs. New 3G or 4G Smartphone users on […]
Monday, 23rd August 2021, Kampala, Uganda. Multichoice Uganda, the home of great Pay TV entertainment has today announced its partnership with Rubis Energy, one of Uganda’s petroleum companies. This partnership will see several Ugandans receive exciting rewards for simply taking part in an exciting cook-off challenge dubbed “the lockdown chefs.” While officially making this announcement, […]
KAMPALA: 20th August, 2021 – In June 2021, Mr. Andrew Oluka, a Ugandan lawyer, filed a motion against the Petroleum Authority of Uganda (PAU) and two International Oil Companies (IOCs) operating in Uganda – Total E&P Uganda Limited and CNOOC Uganda Limited. Mr. Oluka alleges that the ongoing procurement processes for the oil and gas […]
17th August 2021. Equity Group Holdings Plc has announced a 98% growth in half-year profits to Kshs.17.9 billion up from Kshs.9.1 billion the previous year. Speaking while releasing the results, Equity Group Managing Director and CEO Dr. James Mwangi said, “The defensive and offensive strategy adopted by the Group at the onset of the Covid-19 […]
ROKE Telkom a Uganda-based Telecommunications Company and public service provider for voice and data communications services has announced the appointment of Amanya Atuhaire as the company’s new Brand and Marketing Manager. Backed by over 13 years working experience, Amanya brings to the table a wealth of experience from the telecom sector, having worked with brands […]
As a way of enhancing safe motherhood, private companies have joined the cause through various interventions. Airtel Uganda recently donated a mobile ultrasound scan to Bukwo District. Motherhood is a journey that starts right from child conception until the 9 months when the child is expected to be born. However, expectant mothers require appropriate medical […]
Kampala, Uganda – 22nd July 2021 – Airtel Mobile Commerce Uganda Limited (AMC Uganda) has been recognized and awarded for its excellence and innovation in the use of IT in finance, and payment industry through Airtel Money services. AMC Uganda along with its technology partner Comviva won the ‘Best Prepaid Initiative’ Award and was highly commended […]
Conakry, Guinea July 2021 – Vista Bank Group (‘Vista’) has closed the deal to acquire BNP Paribas’ majority interest in La Banque Internationale pour le Commerce et l’Industrie de la Guinée (BICIGUI) in Guinea. The acquisition adds to Vista’s existing banking operations in Guinea, in addition to its banks in Burkina Faso, Sierra Leone and The Gambia. BICIGUI is […]
Development Kampala, June 14, 2021 – Total E&P Uganda, has signed Conditional Letters of Award for the main surface facilities Engineering, Procurement, Supply, Construction and Commissioning (EPSCC) as well as five (5) drilling packages for the Tilenga project located in Nwoya and Buliisa Districts. The letters are with respect to: 1. A Consortium comprising CB&I […]