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    PostBank launches 60 smart ATMs to drive financial inclusion

    CEO ReporterCompany NewsNews & AnalysisAugust 5, 2022August 7, 2022

    PostBank Uganda, a financial institution that is committed to empowering lives and transforming livelihoods, has launched its new smart ATMs in a bid to get more Ugandans financially included through…

    Absa Bank donates UGX60m towards disaster response capacities for families affected by floods in Eastern Uganda

    CEO ReporterCompany NewsNews & AnalysisAugust 5, 2022August 5, 2022

    Absa Bank Uganda yesterday announced a donation worth UGX60 million to the Uganda Red Cross Society to cater for the purchase of shelter kits to provide temporary shelter and basic…

    KCB Group moves to acquire DRC-based lender Trust Merchant Bank

    CEO ReporterNews & AnalysisAugust 4, 2022August 4, 2022

    KCB Group Plc has entered into a definitive agreement with shareholders of Trust Merchant Bank (TMB) to acquire a majority stake in the Democratic Republic of Congo (DRC)-based lender. The…

    The Weakness in the fight against Climate Change and how to increase ambition levels

    CEO ReporterNews & AnalysisThought LeadershipAugust 4, 2022August 4, 2022

    By Felix Bob Ocitti Climate change is a global problem facing the human race from every part of the world without exception. This is due to human activity that has…

    Fuel cost dents July business productivity – Stanbic study

    CEO ReporterIndustry & AnalysisNews & AnalysisAugust 3, 2022August 3, 2022

    Increasing inflationary pressures dented private sector business activity during July as the headline Stanbic Purchasing Managers’ Index (PMI) dipped below the threshold 50.0 no-change mark for the first time this…

    Sustainable Utilisation of the Oil and Gas Resources in Uganda through Value Addition

    CEO ReporterNews & AnalysisThought LeadershipAugust 3, 2022August 3, 2022

    By Dozith Abeinomugisha, Director Midstream, PAU Benjamin Ariho, Senior Petroleum Officer, Refining, PAU Energy is one of the key drivers of economic growth and development world over. Overcoming energy poverty…

    Phishing and Scams Hit the Roof in Kenya and Nigeria With a 438% and 174% Increase in the Number of Detections in Each Country Respectively in Q2 2022

    CEO ReporterAfricaNews & AnalysisAugust 3, 2022August 3, 2022

    Kaspersky analysis has revealed that attacks related to data loss threats (phishing and scams/social engineering) increased significantly in Africa in Q2 2022 in comparison with the previous quarter. The company’s…

    Kenyatta Commissions Kisumu Railway Station, expresses optimism on reduced cost of travelling

    CEO ReporterEast AfricaNews & AnalysisAugust 2, 2022August 2, 2022

    Kenyan President Uhuru Kenyatta on Monday commissioned the Kisumu Railway Station, expressing optimism that the rail transport will boost Kisumu’s status as an economic hub in the western region. Kenyatta…

    Fasten your seat belt, as the commodity prices soar

    CEO ReporterNews & AnalysisThought LeadershipAugust 1, 2022August 1, 2022

    By Michael Jjingo As inflation hikes, price rises are particularly hitting at lowest income households and SMEs with very already tight budgets. well, this is not only evident in the…

    Standard Chartered Bank Uganda offices

    Standard Chartered Bank reports record H1 Operating Profit in Africa and Middle East region

    CEO ReporterCompany NewsNews & AnalysisJuly 29, 2022July 31, 2022

    Standard Chartered PLC (the Group) has registered a record US$1.291 billion dollars income with US$581 million in operating profits in the Africa and Middle East (AME) region. This is contained…

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