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17/10/2024

FINANCE LEADERSHIP⎮ Introducing CFO Playbook by CEO East Africa Magazine.

As we seek to expand our coverage and impact in the business leadership space, I am excited to introduce to you the , our latest multimedia production, where industry-leading CFOs, financial experts, and thought leaders share their insights, experiences and visions, as well as best practices.

Our goal is to make this, a go-to resource for staying ahead in the world of finance, with exclusive interviews, actionable insights, and in-depth discussions on the trends shaping the future of finance leadership.

In our first edition, we are joined by Charlotte Kukunda, the Country Manager, ACCA Uganda and Josephy Ssekabira, the Associate Director, Risk Advisory at Deloitte Uganda as they discuss the significance of Uganda's CFO Awards to the advancement of the finance profession in Uganda. They also discuss various facets of the finance landscape in Uganda.

Welcome to the CFO Playbook by CEO East Africa Magazine in association with ACCA Uganda and Deloitte Uganda. In this episode, Kyamutetera Muhereza, CEO and F...

22/08/2024

100 LEADING & MOST ADMIRED CEOs IN UGANDA 2004

Several studies have confirmed that the reputation of an organisation's top leadership, especially its CEO, is crucial to that organisation's reputation too.

There is also abundant research to show a strong link between a highly regarded CEO and financial performance, attractiveness to talent and market value, amongst many other benefits.

To gain an understanding of what goes into the making of a highly regarded CEO in Uganda, the CEO East Africa Magazine conducted a survey that measured how various sets of leadership traits influence public perceptions about CEO reputation.

Based on these perceptions, respondents then ranked various CEOs across several sector categories. Weighted ranks were derived to generate our inaugural CEO East Africa Magazine's 100 Leading and Most Admired CEOs In Uganda 2004.

In our inagural ranking, MTN Uganda's CEO, Mulinge Sylvia M.B.S emerged as Uganda's leading and most admired CEO for 2024.

For the full list, follow this link: https://www.ceo.co.ug/ugandas-100-leading-and-most-admired-ceos-2024/

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

20/08/2024

To win in the marketplace and get stakeholder buy-in, every organisation/brand, daily, seeks to earn and consistently enhance trust and respect amongst its key audiences.

While trust and respect are principally built on doing the right things, the right way and letting the right people know (awareness), what constitutes this trust and respect varies from market to market and stakeholder to stakeholder.

For the first time in Uganda, the CEO East Africa Magazine sought to measure what Uganda's most trusted and respected companies are made of and who these companies actually are.

Here below, we present to you 100 of Uganda's Most Trusted and Respected Companies 2024⏤ the first set of results in our 2-in-1 CEO East Africa Magazine's Most Trusted and Respected Companies & The Most Admired CEOs in Uganda Survey 2024.

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

22/07/2024

TRAVEL INCENTIVES AS A MOTIVATOR FOR ORGANISATIONAL PERFORMANCE

Did you know that instead of ordinary staff or client gifting, incentive travel trips can greatly motivate your staff and clients?

Travel programs not only incentivise performance, enhance workplace culture and strengthen relationships and teamwork, but they also enhance overall satisfaction and loyalty towards your company. It's a strategic investment that can yield long-term benefits regarding employee engagement, client retention, and business growth.

Speak to Executive Destinations & Experiences - EDX today, to curate for your organisation some of the most to some of the in East Africa, both for your staff and customers.

📞 +256 751 395 326
📞 +256 775 716 808
📧 [email protected]

the

15/07/2024

Who wants to come with me/us (Executive Destinations & Experiences - EDX) through Fort Portal, to this beautiful Bella Vista Lodge on Lake Nyamiteza in Bunyangabu District, Western Uganda?

Between the 26th - 28th of July, we have curated this action-packed trip for you.

Check the poster for details.

To join us, reach out on the numbers below:

📞 +256751395326 📞 +256775716808

📧 [email protected]

🌐 www.edx.travel


the

15/06/2024

WHO ARE YOUR MOST TRUSTED/RESPECTED COMPANIES IN UGANDA & WHICH BUSINESS LEADERS DO YOU ADMIRE THE MOST?

Have your say⏤ take The CEO East Africa Magazine's Most Trusted & Respected Companies/Organisations as well as the Most Admired CEOs/Business Leaders Survey 2024.

FOLLOW THIS LINK: https://www.surveymonkey.com/r/UGCEO100Index

05/06/2024

Since being spun off the parent MTN Uganda to create a standalone fintech subsidiary,MTN Mobile Money (MTN MoMo) continues to register robust growth across all fundamentals. The company is fast emerging into a multi-faceted fintech, beyond the basic cash-in-cash-out services to now include payments, e-commerce, bank tech (savings and borrowing) as well as insurtech.

Active fintech subscribers have since risen from 9.9 million at the end of 2021, to reach 12.1 million at the end of 2023 and 12.36 million in Q1 2024. The MTN MoMo platform accounted for 3.4 billion transactions worth UGX133.2 trillion in 2023 (compared to UGX 93.2 trillion in 2022).

MTN MoMo and its financial partners lent out UGX569 billion in micro-loans to individual and business customers.

Both gross and net revenue reached new highs⏤ UGX784.4 billion and UGX202.9 billion respectively. Total tax contribution went up by 23.4% to UGX379.8 billion.

CEO East Africa Magazine's St. Muhereza Kyamutetera spoke to Richard Yego, the MTN MoMo Managing Director and his team⏤ Jemima Kariuki-Njuguna, the Chief Product Officer; Stephen Mutana, the Chief of Strategy and Stakeholder Management; Sarah Bateta Okwi, the Chief Financial Officer and Alex Wekoye, the Chief Commercial Officer, about the key insights behind this growth.

The MTN MoMo executives also delved into the major insights and trends that are driving future industry growth and how the company is investing to leverage the emerging opportunities to deliver to their ever-growing customers, the benefits of a modern connected but also financially inclusive life.

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

07/05/2024

In this detailed thought leadership piece, George Arodi the CEO, Uganda Baati Ltd and the Vice Chair of the Uganda Iron and Steel Sector Association (within Uganda Manufacturers Association) makes a very strong case for a balanced, predictable and long-term policy and regulatory environment for businesses in Uganda.

Drawing on examples from Uganda, Kenya and Tanzania, he shows how rushed, unbalanced and often unresearched protectionism for one or a few companies can cause more harm than the intended good in a sector or an entire economy.

"What investors need are policies that are predictable and long-term with any concessions discussed within the industry, midwifed by the trade associations, so that all the players are aware of the implications on their investment," Mr. Arodi argues.

"These protectionist tendencies, especially for raw materials, betray the will of a free market and end up creating monopolies and oligopoly situations in sectors where the producer of raw material dominates the production and supply of finished goods at the same time, killing all other downstream competitors in the wake. As a result, the economy fails to take advantage of the multiplier effect in the value chain with a detrimental effect on job creation and revenue mobilisation for the exchequer," he further reiterates.

He concludes: "Let us make the policies predictable and follow the due process in offering protection through the verification mechanism and involvement of all sector players in any policy variation".

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

01/05/2024

Despite a one-time provisioning loss that caused a UGX18.8 billion loss in 2023, elsewhere Equity Bank Uganda registered market-share moving growth⏤ moving from the 4th to the 3rd largest bank by assets while consolidating its earlier position as the 3rd largest by deposits- the lifeblood of every bank.

This continues the bank's trend as one of the fastest-growing banks in Uganda, rising from the 13th position in 2011 and breaking into the top 5 ranks in under 15 years, overtaking nearly 10 banks, some of which have been around for over 50 years.

In this interview with St. Muhereza Kyamutetera the CEO East Africa Magazine's Executive Editor, Anthony Kituuka, the Equity Bank Uganda Managing Director reiterates that the bank remains on its solid growth trajectory and is committed to its technology-led strategy of transforming lives.

"The bank remains well-capitalized to withstand this loss and is compliant with all the other regulatory and statutory capital ratios,” says Anthony, adding: "We are still big on digital lending and as much as there has been reported abuse, we cannot run away from changing the world, because that is who we are. It is in our mission and DNA. But of course, we will be more prudent".

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

30/04/2024

School holidays are here. As a school owner/administrator, this is the best time to start preparing for the school term ahead.

Have you heard about SchoolPay ERP ⏤ the upgraded version of SchoolPay- the Revolutionary Educational Institutions Management Solution used by thousands of schools?

A product of Fincom Technologies, a subsidiary of Service Cops Limited, SchoolPayERP makes it easier than ever for owners and administrators of educational institutions to efficiently and profitably run their educational enterprises while allowing parents more flexibility in school fee payments as well as convenience in tracking the progress and performance of their children.

To get your school connected to this revolutionary school management system, contact SchoolPay via:
📧[email protected]
📞0200502140

To know more about SchoolPay ERP, follow the link below:

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

22/04/2024

I&M Group Plc's recapitalisation and investment into digitalisation and top talent at its Ugandan subsidiary pays off as the bank posts two years of straight profitability and double-digit growth across all key fundamentals.

I&M Bank Uganda

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