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CEO East Africa Magazine THOUGHT LEADERS: CEO East Africa Magazine (www.ceo.co.ug) is the No.1 source of the most influential
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The CEO Magazine is a monthly business journal and the only one of its kind on the reading menu of Uganda's discerning reader in search of deep, incisive and relevant business news and analysis. We reach a critical mass of high-net worth individuals as well as decision makers and influential business leaders

  PERFORMANCE WITH A PURPOSEThis week, MTN Uganda released its Q3 2024 financials, reporting strong double-digit growth,...
08/11/2024



PERFORMANCE WITH A PURPOSE

This week, MTN Uganda released its Q3 2024 financials, reporting strong double-digit growth, across all its key fundamentals.

For example, mobile subscribers grew 13.3% to 21.6 million customers and service revenue rose by 20.1% to reach a new high of UGX2.3 trillion. Profit after tax grew by a significant 29.6% to reach UGX 459.4 billion!

Commenting about the results, Sylvia Mulinge the Chief Executive Officer, linked the good financial results to the positive impact the telco’s services have on Uganda.

Sylvia, who, this year was ranked Uganda’s top CEO in CEO East Africa Magazine's 100 Leading and Most Admired CEOs 2024 Survey, recommitted, to more “than ever deliver meaningful solutions that boost digital and financial inclusion, spark innovation, and help Ugandans achieve their dreams”.

“Together, we’re unstoppable!,” she said.

MTN Uganda was also ranked Uganda’s 3rd, Most Trusted and Respected Company in Uganda in CEO East Africa Magazine’s 100 Most Trusted & Respected Companies in Uganda 2024 survey.

Citi  today announced a EUR 126 million loan to the Government of the Republic of Uganda to fund the design and build of...
08/11/2024

Citi today announced a EUR 126 million loan to the Government of the Republic of Uganda to fund the design and build of the Lusalira to Sembabule road project in Uganda. Citi acted as sole coordinating Mandated Lead Arranger and a lender. The financing was supported by African Trade and Investment Development Insurance (ATIDI) and Development Bank of Southern Africa (DBSA). Banks in the syndicate include Absa Bank (Mauritius) Limited.

At The CEO Magazine, we are driven by the notion that every business is a story that deserves to be shared.

dfcu Bank has earned international acclaim by winning the prestigious Gold Award in the Distribution category at the Qor...
08/11/2024

dfcu Bank has earned international acclaim by winning the prestigious Gold Award in the Distribution category at the Qorus Reinvention Awards—MEA in Dubai. Recognized among nearly 700 entries worldwide, the Investment Club App stood out for its innovative approach to digital finance and its impact on Uganda's investment and savings club culture.

At The CEO Magazine, we are driven by the notion that every business is a story that deserves to be shared.

  Celebrate this coming Festive Season in style with Speke Resort Munyonyo's   packages.With accommodation starting as l...
08/11/2024



Celebrate this coming Festive Season in style with Speke Resort Munyonyo's packages.

With accommodation starting as low as USD136 on a full board basis⏤ breakfast, lunch and dinner⏤ this festive season will be a season to remember.

For reservations/inquiries:
📞+256 752 711 714 ⎮ +256 414 227 111
📧[email protected]

  Episode 4 is out now ✨ Get to know Julius Katanaka MSc (UoL), BSc Hons (OBU), FCCA- Head of Finance at Wazalendo Savin...
07/11/2024

Episode 4 is out now ✨

Get to know Julius Katanaka MSc (UoL), BSc Hons (OBU), FCCA- Head of Finance at Wazalendo Savings and Credit Cooperative Society as he shares more about his career journey, upholding integrity and professionalism as a leader and investing in education and awards for personal and career growth among others.

This season of the CFO PlayBook is brought to you by ACCA and Deloitte Uganda as part of the recently concluded

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Click to watch

In the 4th episode of the CFO PlayBook, Julius Katanaka, FCCA- CFO Wazalendo shares his career journey, the value of upskilling, integrity and professionalism.

NSSF Uganda  has once again proven its commitment to transparency and high standards in financial reporting, winning the...
07/11/2024

NSSF Uganda has once again proven its commitment to transparency and high standards in financial reporting, winning the coveted Gold Award at the 2024 Financial Reporting (FiRE) Awards awarded by the Institute of Certified Public Accountants of Uganda (ICPAU).

At The CEO Magazine, we are driven by the notion that every business is a story that deserves to be shared.

I&M Bank Uganda is making significant strides in digital banking with the launch of its Express Go Digital Account, desi...
07/11/2024

I&M Bank Uganda is making significant strides in digital banking with the launch of its Express Go Digital Account, designed to provide affordable and convenient banking solutions for its customers. The unveiling took place on November 7th at the bank’s headquarters located at Kingdom Kampala, introducing a unique account that is accessible exclusively through the I&M On-The-Go app. The Express Go account is tailored for modern banking needs, allowing for free bank-to-wallet transfers—ensuring seamless, and low-cost access to funds.

At The CEO Magazine, we are driven by the notion that every business is a story that deserves to be shared.

 : 🏌️‍♂️⛳️ The  , powered by Equity Bank Uganda tees off this Thursday and Friday at the Marylouise Simkins Memorial Gol...
07/11/2024

: 🏌️‍♂️⛳️ The , powered by Equity Bank Uganda tees off this Thursday and Friday at the Marylouise Simkins Memorial Golf Course in Namulonge!

Namulonge has produced some of the best talent in the game, and this year’s lineup is set to impress. Defending champion Dominic Musoke will return on the green, joined by rising stars Miracle Agotre and Abdallah Kakooza.

  The Speke Resort Convention Centre's Festive Season programme is out, featuring lots of programming for the family and...
07/11/2024



The Speke Resort Convention Centre's Festive Season programme is out, featuring lots of programming for the family and individuals, generous accommodation discounts as well as rich, luscious and scrumptious meals, made with love, by some of the finest chefs in Kampala.

For reservations/inquiries:
📞+256 752 711 714 ⎮ +256 414 227 111
📧[email protected]

  Mark your calendars for a festive season filled with delicious events at Kabira Country Club.🎄Year End Parties🎄 Specia...
07/11/2024



Mark your calendars for a festive season filled with delicious events at Kabira Country Club.

🎄Year End Parties
🎄 Special Half Board Room Rates
🎄Christmas Eve Dinner
🎄Christmas Lunch Buffet
🎄Boxing Day Brunch
🎄New Year’s Eve Mongolian
🎄New Year’s Lunch

Join us for these special celebrations and create wonderful memories with family and friends!
Which event are you most looking forward to?

For bookings and inquiries:
+256 752 711 009
+255 752 711 736

In this article, Jemima Kariuki-Njuguna, the Chief Product Officer at MTN Mobile Money (U) Limited, enumerates the integ...
06/11/2024

In this article, Jemima Kariuki-Njuguna, the Chief Product Officer at MTN Mobile Money (U) Limited, enumerates the integral role that the fintech is playing in facilitating access to crucial financial resources—including savings, credit, overdrafts, utility payments and school fees payments.

"MTN MoMo is more than just a mobile financial service; it is an essential player in Uganda’s economic growth and digital transformation," she says.

At The CEO Magazine, we are driven by the notion that every business is a story that deserves to be shared.

The First Lady and Minister of Education and Sports, Hon. Janet Kataaha Museveni will preside over Uganda's inaugural Na...
06/11/2024

The First Lady and Minister of Education and Sports, Hon. Janet Kataaha Museveni will preside over Uganda's inaugural National STEM Education and VEX Robotics Championship, an event aimed at fostering innovation and equipping Uganda's youth with critical skills for the future. Set for November 29th 2024 at the National ICT Hub in Nakawa, this event represents a major milestone for Uganda's education system and the African School of Innovations Science and Technology (ASIST) Ltd, the event's organizer.

At The CEO Magazine, we are driven by the notion that every business is a story that deserves to be shared.

Muhawiyah Mukasa, a standout winner of the 2023 Best Farmers Competition, is redefining rabbit farming and dragon fruit ...
06/11/2024

Muhawiyah Mukasa, a standout winner of the 2023 Best Farmers Competition, is redefining rabbit farming and dragon fruit cultivation in Uganda on his farm, Kapeeka Agro and Livestock Farm (KALF). Located in Kapeeka, the farm has risen as a beacon of innovation, youth entrepreneurship, and dedication to community empowerment. Initially focusing on rabbit farming, the farm has now grown to produce dragon fruit for export. This unique combination, alongside sustainable practices and inventive approaches, has positioned KALF as a trailblazer in Uganda’s agricultural landscape.

At The CEO Magazine, we are driven by the notion that every business is a story that deserves to be shared.

Uganda's private sector continued it's growth trajectory in October, marking the seventh consecutive month of expansion ...
06/11/2024

Uganda's private sector continued it's growth trajectory in October, marking the seventh consecutive month of expansion according to the latest Stanbic Bank - Uganda Purchasing Managers' Index (PMI). Although the PMI fell slightly from September's 54.2 to 52.9, it signals positive growth in business conditions driven by strong demand, increased output, and new orders across multiple sectors.

At The CEO Magazine, we are driven by the notion that every business is a story that deserves to be shared.

 : Equity Bank Uganda together with the Kenya High Commission on Monday this week launched the 2nd phase of the tree-pla...
05/11/2024

: Equity Bank Uganda together with the Kenya High Commission on Monday this week launched the 2nd phase of the tree-planting initiative dedicated to restoring Forest cover on Mwiri Hill at Busoga College Mwiri in Jinja, Eastern Uganda. This project shows a shared commitment to conserving the environment and sustainable development aimed at enhancing the ecological balance of the School.

   An insight from Dorothy Kabagambe Ssemanda, the Chief Executive Officer of American Tower in Uganda, on the emerging ...
04/11/2024



An insight from Dorothy Kabagambe Ssemanda, the Chief Executive Officer of American Tower in Uganda, on the emerging skills that are shaping the present and future of the finance profession.

As a finance professional and leader, how are you future-proofing yourself and your team?

At MTN Uganda, we recognize the transformative potential of digital education. Our strategic initiatives include establi...
04/11/2024

At MTN Uganda, we recognize the transformative potential of digital education. Our strategic initiatives include establishing over 57 ICT labs nationwide and supporting technical institutes like Amelo Technical Institute in Adjumani and St. Simon Peter's Vocational Training Centre in Hoima. These efforts provide students with hands-on learning experiences, equipping them for success in a digital driven world - Writes Bryan Mbasa

At The CEO Magazine, we are driven by the notion that every business is a story that deserves to be shared.

 : Get instant support from the Equity Bank Uganda Customer care team 24/7 on toll free number 0800232700 for any bankin...
04/11/2024

: Get instant support from the Equity Bank Uganda Customer care team 24/7 on toll free number 0800232700 for any banking assistance you need, don't be stranded!

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The CEO Magazine is an online business journal and the only one of its kind on the reading menu of Uganda's discerning reader in search of deep, incisive and relevant business news and analysis. We reach a critical mass of high-net worth individuals as well as decision makers and influential business leaders