Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has named Mumba Kenneth Kalifungwa as its new Chief Executive Officer, effective March 1, 2025, following regulatory approvals. Mumba, who succeeds Anne Juuko, brings nearly 30 years of professional experience, including over 20 years in senior roles across the banking sector in …
Read More »Stanbic appoints Grace Semakula as SBG Securities CEO
Kampala, Uganda | THE INDEPENDENT | Stanbic Uganda Holdings Limited (SUHL) has appointed Grace Semakula as the new Chief Executive for SBG Securities Uganda Limited (SBGS) and by that position, an Executive Director on the company Board, effective March 1, 2024. Semakula who was previously with UMEME succeeds Joram Ongura, the …
Read More »Airtel Africa CEO to retire
Kampala, Uganda | THE INDEPENDENT | Airtel Africa plc has announced the retirement of the Chief Executive Officer, Olusegun “Segun” Ogunsanya, with effect from July 1, 2024. Mr. Ogunsanya, who joined Airtel in 2012, ran the Nigeria Operations of the Telecommunications and Mobile Money Company for nine years before he was …
Read More »Bank of Uganda wins the CEO’s annual Sports Gala golf tournament
Kampala, Uganda | THE INDEPENDENT | Bank of Uganda Golfers have won the CEO’s Annual Bankers Golf Sports Gala at the Uganda Golf Club. The central bank team, that returned with 107 points, was spurred by Kenneth Egesa with 36 points, Serwano Walusimbi with 35 points while Kalisa Katongole and …
Read More »EACOP contractor visits PAU’s CEO
Kampala, Uganda | THE INDEPENDENT | On Sept.7, Aimin Luo, the General Manager of China Petroleum Pipeline Engineering Co Ltd (CCP) paid a courtesy call to Ernest Rubondo, the Executive Director of the Petroleum Authority of Uganda to reinforce their working relationship. CCP is the construction contractor for the EACOP and …
Read More »BOOK REVIEW: Corruption in South Africa
Former CEO’s explosive book exposes how state power utility, ESKOM, was destroyed Kampala, Uganda | KEITH GOTTSCHALK | One repeated theme of the memoir Truth to Power: My Three Years Inside Eskom, by Andre de Ruyter, former CEO of South Africa’s troubled power utility, Eskom, is that “negligence and carelessness had …
Read More »Elon Musk introduces new CEO of Twitter
San Francisco, USA | Xinhua | Tesla and SpaceX CEO Elon Musk announced on Friday that Linda Yaccarino, formerly NBC Universal’s top advertising sales executive, will be Twitter’s new CEO. Musk said in a tweet that Yaccarino will focus on business operations and he will focus on product design and new …
Read More »Aggrey Oriwo named new ADMI CEO
Kampala, Uganda | THE INDEPENDENT | The Africa Digital Media Institute (ADMI) appointed Aggrey Oriwo as the new chief executive officer, taking over from Dr Laila Macharia who moves to chair the board. Oriwo has extensive experience leading digital transformation across business intelligence and media sectors. He was previously the managing …
Read More »Life insurance catching up with the non-life insurance segment
Kampala, Uganda | THE INDEPENDENT | Uganda Insurers Association has unveiled a campaign dubbed Wewanile to rally the population to purchase life insurance services. The Independent caught up with UIA CEO Jonan Kisakye to highlight the significance of the campaign and life insurance growth prospects. What is your assessment of the …
Read More »dfcu appoints Charles Mudiwa as new CEO
Kampala, Uganda | THE INDEPENDENT | dfcu Bank Limited has announced the appointment of Charles M. Mudiwa as Managing Director and Chief Executive Officer, effective 11th April 2023. The Bank announced on April 6 through the media. Mudiwa brings on board over 26 years of experience in Banking, with strong business …
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