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Publicist East Africa
  • FinCom & Investor Relations

KCB Boss Paul Russo Named Africa Business Leader of the Year

KCB Group CEO Paul Russo has been named the African Business Leader of the Year by Africa Leadership Magazine. Russo’s selection followed rigorous and competitive competition on the African continent, with leadership qualities, transformative vision, and outstanding contributions being key…

  • The Publicist Writer
  • June 4, 2024
  • FinCom & Investor Relations

OFFER FOR SECONDARY MARKET PURCHASE OF ORDINARY SHARES IN MTN UGANDA LIMITED

Monday 27th May 2024. Kampala, Uganda: SBG Securities Uganda Limited (a wholly owned subsidiary of Stanbic Uganda Holdings Limited), in its capacity as the lead sponsoring broker, on behalf of MTN Uganda Limited (MTN Uganda or the Company), hereby announces…

  • The Publicist Writer
  • May 27, 2024
  • Digital

IFC Survey: $2.7 Billion Extra Investment Required to Empower African SMB Digital Transformation

The International Finance Corporation (IFC) has projected that Africa will need to double its annual expenditure to $6 billion in order to expand its digital infrastructure and bridge the connectivity gap between people and businesses on the continent. This projected…

  • The Publicist Writer
  • May 27, 2024
  • FinCom & Investor Relations

MTN Uganda to sell shares left over from undersubscribed 2021 IPO

Telecom firm MTN Uganda plans to sell shares left over from its deeply undersubscribed 2021 Initial Public Offering to local investors to expand local ownership and comply with regulatory requirements, it said on Saturday. The Uganda unit of South Africa’s…

  • The Publicist Writer
  • May 26, 2024
  • Brands

64% of Africans believe in Africa, but only 14% are loyal to African brands

Highlights: Johannesburg, South Africa – May 24, 2024 –  Despite 64% of Africans expressing confidence in the continent, they remain loyal to non-African brands, which have retained their lowly 14% of the most admired brands in Africa,  Brand Africa revealed…

  • The Publicist Writer
  • May 25, 2024
  • Digital

Uganda Banks On Ambitious BPO, IT Services to Create 100,000 Jobs For Elite Youth

The Ugandan government is banking on its comprehensive Business Process Outsourcing (BPO) and Information Technology Outsourcing (ITO) strategy to create 100,000 direct jobs by 2030. This ambitious plan aims to tackle the country’s youth unemployment crisis, with approximately 10 million…

  • The Publicist Writer
  • May 25, 2024
  • Oil & Gas

TotalEnergies reaffirms commitment to creating opportunities for Ugandan youths

French oil company, TotalEnergies EP Uganda has reaffirmed its commitment to creating more opportunities for young people in Uganda to continue making meaningful contributions in their communities. The commitment was made during the company’s commemoration of its over 10 years of…

  • The Publicist Writer
  • May 25, 2024
  • FinCom & Investor Relations

Stanbic Bank Unveils A 360-Degree Innovative Lending Campaign

Early this year, Stanbic Uganda Holdings, the parent company of Stanbic Bank Uganda, announced a profit of over Sh400 billion after tax. This was attributed to the bank’s innovative lending initiatives. In a bid to hold on to the success,…

  • The Publicist Writer
  • May 24, 2024
  • FinCom & Investor Relations

dfcu Limited Marks 60-Year Legacy of Transforming Lives and Businesses in Uganda

dfcu Limited is celebrating 60 years of operation and impactful service towards fulfilling its purpose of ‘Transforming Lives and Businesses in Uganda’. dfcu was established in 1964 as a development finance institution and since then, has contributed to national socio-economic transformation, growing together…

  • The Publicist Writer
  • May 23, 2024
  • FinCom & Investor Relations, News

DTB bids farewell to former managing director Varghese Thambi

The Diamond Trust Bank has bid farewell to its former Managing Director, Varghese Thambi, marking the end of his 17-year tenure with the bank. Thambi, who joined DTB in 2007, was hailed by the Deputy Governor of the Bank of…

  • The Publicist Writer
  • May 23, 2024
  • FinCom & Investor Relations

UDB, Partners Join Hands to Collect Blood Amid Shortage Of 200, 000 Litres every year

Uganda Development Bank (UDB) and its partners have today organized a blood donation drive to bolster the much-needed blood bank at Mengo Hospital. Mengo Hospital and Minet are the technical partners in this initiative which is part of a broader…

  • The Publicist Writer
  • May 23, 2024
  • Brands

Baileys Launches Innovative Paper-Based Bottle Trial at Time Out Festival, Barcelona

Baileys, the renowned Original Irish Cream Liqueur, is breaking new ground with an exciting trial of its revolutionary paper-based bottle. In partnership with PA Consulting, Baileys is introducing a Dry Molded Fiber bottle that is 90% paper, featuring a thin…

  • The Publicist Writer
  • May 23, 2024
  • FinCom & Investor Relations

Africa Fintech Accelerator Program: Nigeria Dominates List of 20 Startups in the Continent

Only one Kenyan fintech startup has made it through into the second cohort of Visa’s Africa Fintech Accelerator program. Out of the possible 20 only CheckUps Medical Hub, an Embedded health Kenyan startup, made it to the shortlist. Tanzania got two representatives…

  • The Publicist Writer
  • May 21, 2024
  • Agribusiness, News

IFC AND ABSA TRADE FACILITY TO VOLCAFE TO SUPPORT THOUSANDS OF COFFEE FARMERS IN EAST AFRICA

IFC, a member of the World Bank Group, and Absa Group Limited, a South African-based bank, will provide an up to US$60 million commodity trade finance facility to Volcafe, a leading global green coffee merchant, to strengthen the company’s operations…

  • The Publicist Writer
  • May 21, 2024
  • FinCom & Investor Relations

Tanzania’s NMB Bank Lists Sustainability Bond on London Stock Exchange

NMB Bank PLC, Tanzania’s leading financial institution, has listed its maiden three-year US$ 73 million Sustainability Bond on the International Securities Market (ISM) and Sustainable Bond Market (SBM) Platform at the London Stock Exchange (LSE). Ms. Ruth Zaipuna, Chief Executive…

  • The Publicist Writer
  • May 21, 2024
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