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    Banking & Insurance

    Pearl Bank CFO Peter Ssenyange (CFO of the Year 2025) on Culture and the Modern Financial Leader’s Purpose 

    December 4, 2025December 4, 2025 0 Shares
    Appointed in June 2020, Peter Ssenyange is the Chief Financial Officer at Pearl Bank (formerly PostBank Uganda Limited), and is part of the leadership team that is transforming the bank...

    Beyond the Balance Sheet: How Uganda’s Top CFOs Are Forging Legacy Through Purpose, People, and Unwavering Integrity

    December 3, 2025December 5, 2025 0 Shares
    Eight finance professionals won ten awards at the 9th edition of the Chief Financial Officer (CFO) Awards 2025 with Peter Ssenyange, CFO, Pearl Bank Uganda Limited emerging the overall CFO...

    OPINION: Driving sustainability and transformation in banking: A journey beyond profit

    December 3, 2025December 3, 2025 0 Shares
    By Peter Ssenyange For a long time, the success of a bank was measured in numbers: quarterly margins, loan-to-deposit ratios, and cost-to-income efficiency.  But today, that narrative is being rewritten....

    Q&A: As Debt Surges, Equity Group’s Mwangi Says It’s Time for African Governments to Hand Development Projects to Private Sector

    December 1, 2025December 1, 2025 0 Shares
    In a sweeping call for economic recalibration across the continent, Equity Group Managing Director and CEO, Dr. James Mwangi, has urged African governments to “let the private sector take on...

    What Must Happen for Africa’s Economic Breakthrough? Absa Group CEO Kenny Fihla Has a Powerful Answer

    November 28, 2025November 28, 2025 0 Shares
    When Kenny Fihla walked onto the stage at the B20 Summit in Johannesburg, there was a sense that the room was bracing for more than a corporate address.  As the...

    Nigeria’s Access Bank fully acquires KCB Group’s National Bank of Kenya for KShs 14.2 billion

    Paul MurungiBanking & InsuranceThe Big StoryOctober 28, 2025October 28, 2025

    Access Bank Plc has completed the acquisition of National Bank of Kenya (NBK) from KCB Group for USD 109.6 million (KShs 14.2 billion), closing a deal first announced in March…

    Pearl Bank’s Wendi Wallet, TotalEnergies Partner to Ease product Merchant Payments of Up to UGX 5 million

    Paul MurungiBanking & InsuranceCompany NewsOctober 26, 2025October 26, 2025

    Wendi, the digital wallet developed by Pearl Bank (formerly PostBank Uganda) has today announced a partnership with TotalEnergies Marketing & Services (M&S) aimed at simplifying customer payments at all Total fuel stations using the…

    NCBA Shares Surge as Standard Bank’s Two-Year Courtship Nears the Finish Line

    Paul MurungiBanking & InsuranceThe Big StoryOctober 15, 2025October 22, 2025

    Shares of NCBA Group Plc have hit an all-time high of KSh 75.25, rising 8.27 percent from KSh 69.50, after confirmation that Africa’s largest lender, Standard Bank Group Ltd., is…

    Centenary, KCB and PostBank Dominate Agent Banking Recruitment as Transactions Hit UGX 29 Trillion-BoU Report

    Paul MurungiBanking & InsuranceThe Big StoryOctober 14, 2025October 14, 2025

    Uganda’s agent banking industry has entered a new phase with latest data from Bank of Uganda painting a picture of a sector in full bloom. As of June 2025, the…

    Ugandan Banks Post Record UGX 1.9 Trillion Profit as Customer Deposits Surge to UGX 41.6 Trillion-BoU Report

    Paul MurungiBanking & InsuranceThe Big StoryOctober 13, 2025October 13, 2025

    Uganda’s banking sector has cemented its recovery and resilience, posting a record UGX 1.9 trillion net profit for the year ended June 2025.  This was a nearly an increase of…

    Cheque Transactions Drop by 3.6% as BoU Pushes for More Digital Payments

    Paul MurungiBanking & InsuranceThe Big StoryOctober 13, 2025October 21, 2025

    Payments through cheques in Uganda’s financial eco-system continues to decline as Bank of Uganda (BoU) intensifies efforts to promote digital and electronic payments. Latest data from the central bank shows…

    Preaching Water, Drinking Wine: Bank of Uganda’s Nearly Interest-Free Long-Term Staff Loans Raise Eyebrows

    CEO ReporterBanking & InsuranceThe Big StoryOctober 10, 2025October 17, 2025

    As the rest of Uganda chokes on expensive credit, with commercial bank lending rates hovering between 18 and 20 percent, staff at the Bank of Uganda (BoU) are enjoying the…

    PostBank becomes the first Commercial Bank in Uganda to earn the Esteemed Sustainability Certification from a European Body

    Paul MurungiBanking & InsuranceThe Big StorySeptember 29, 2025October 7, 2025

    Postbank, which is rebranding to Pearl Bank Uganda, has been awarded the prestigious Sustainability Certification by the European Organization for Sustainable Development (EOSD), demonstrating the Bank’s efforts and commitment to…

    Whereas banks present a picture of profitability and highly liquid, credit expansion remains weak, and the little lending that takes place is concentrated in consumption and real estate.

    Uganda’s Banking Paradox: Strong, Profitable, and Liquid but Failing to Power Productive Growth

    CEO East Africa MagazineBanking & InsuranceFinanceThe Big StorySeptember 29, 2025October 7, 2025

    Uganda’s banking sector has never been stronger on paper. And the Bank of Uganda’s latest Financial Soundness Indicators show why. Banks, the indicators show, are heavily capitalized, flush with liquidity,…

    SanlamAllianz Re appoints Tobias Suek as new CEO

    Brian EmorutBanking & InsuranceIndustry & AnalysisSeptember 22, 2025September 22, 2025

    SanlamAllianz Re, the reinsurance arm of SanlamAllianz, today announced the appointment of Tobias Suek as its new Chief Executive Officer effective 15 October 2025, subject to regulatory approval. Tobias joins…

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