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Michael Taremwa Kananura

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Michael Taremwa Kananura
Bornc. 1982 (age 41–42)
EducationMakerere University
University of Stellenbosch
Cavendish University Uganda
Occupation(s)Accountant, Businessman & Corporate Executive
Years active2008 — present
TitleActing CEO at Uganda Electricity Transmission Company Limited

Michael Taremwa Kananura, is a Ugandan accountant and corporate executive who was appointed as the Chief Executive Officer (CEO) in acting capacity, at Uganda Electricity Transmission Company Limited (UETCL), effective 10 August 2022. Before his new assignment, he worked as the chief financial officer, at UETCL.[1][2][3]

Background and education

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Kananura is a Ugandan national. He holds a Bachelor of Commerce degree from Makerere University, Uganda's oldest and largest public university. His Master of Philosophy degree in Development Finance was awarded by the University of Stellenbosch, in South Africa. He is a Fellow of the Association of Chartered Certified Accountants (FCCA) of the United Kingdom and a member of the Institute of Certified Public Accountants of Uganda (ICPA). He also holds a Bachelor of Laws degree from Cavendish University Uganda. In addition, he holds a Diploma in Tax Planning and Tax Administration.[1][2][3]

Career

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His business experience goes back almost 20 years, as of 2022. He spent several years working for ActionAid Uganda and ActionAid Zambia, in managerial positions. In May 2012, he transferred to the Uganda Revenue Authority. He spent there almost eight years, rising to the level of Manager of Regulatory Finance.[1][2][3]

He was then hired by Uganda Electricity Distribution Company Limited (UEDCL), working as the chief financial officer, for two years. He was then hired by UETCL, working first as the Manager Finance Accounts and Sales before being promoted to CFO.[1][2][3]

At UETCL, Kananura replaced George Rwabajungu, who was relieved of his duties as managing director and CEO. In the management changes, announced by board chairman Kwame Ejalu, the board also selected a new acting deputy CEO, Richard Matsiko, who replaced Valentine Katabira, who retired.[4]

See also

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References

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  1. ^ a b c d Tobbias Jolly Owiny (13 August 2022). "UETCL eyes new slate after ringing changes". Daily Monitor. Kampala, Uganda. Retrieved 23 August 2022.
  2. ^ a b c d The Independent Uganda (16 August 2022). "UETCL shakes up management". The Independent (Uganda). Kampala, Uganda. Retrieved 23 August 2022.
  3. ^ a b c d Lawrence Kazooba (12 August 2022). "Profile: Who is Michael Taremwa Kananura- UETCL's New Managing Director?". Watchdog Uganda. Kampala, Uganda. Retrieved 23 August 2022.
  4. ^ Benon Ojiambo (11 August 2022). "UETCL top management sacked". New Vision. Kampala, Uganda. Retrieved 23 August 2022.
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