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    Banking & Financial Services

    From PostBank to Pearl: A Homegrown Bank Reimagining Banking in Uganda

    April 14, 2026April 14, 2026 0 Shares
    There is something quietly significant unfolding in Uganda’s banking sector, and it goes beyond the headline numbers. Pearl Bank’s latest financial results for the year ended December 2025 tell a...

    I&M Bank Uganda Rolls Out Multi-Currency Prepaid Card for Local and International Payments

    April 14, 2026April 14, 2026 0 Shares
    I&M Bank Uganda has unveiled the I&M Mastercard pre-paid card, a multi-currency card product that allows customers to make payments and purchases using money that is pre-loaded on the card....

    Banking on Prosperity: How Stanbic is Powering Uganda’s Rising Middle Class

    April 13, 2026April 14, 2026 0 Shares
    By Sam Fredrick Mwogeza  When many people talk about wealth, it seems like an impossible dream, and based on their modest incomes, certainly unattainable in their lifetimes. But with the...

    Inside Zahid Mustafa’s Turnaround Playbook: How I&M Bank Tanzania Reclaimed Growth and Relevance

    April 13, 2026 0 Shares
    Zahid Mustafa (left), CEO of I&M Bank Tanzania, with Muhereza Kyamutetera (right), Executive Editor of CEO East Africa Magazine, during a conversation on leadership, strategy, and regional integration.
    This integration extends beyond trade. Tourism and human mobility are equally regional, with nearly 78% of Uganda’s international visitors coming from neighbouring East African countries, reflecting a region that is...

    Nicholas Mukasa Appointed Bank of Namibia Deputy Governor

    April 11, 2026April 11, 2026 0 Shares
    The Bank of Namibia has announced the appointment of Mr Nicholas Mukasa as Deputy Governor, marking a significant step in strengthening the central bank’s leadership as it navigates an increasingly...

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

    Paul MurungiBanking & Financial ServicesThe 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 & Financial ServicesThe 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 & Financial ServicesThe 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 & Financial ServicesThe 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 & Financial ServicesThe 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 & Financial ServicesThe 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 & Financial ServicesBusiness & MarketsSeptember 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…

    Centenary Bank contributes UGX 86 million towards Kampala City Festival and waste management efforts.

    Brian EmorutBanking & Financial ServicesNews & AnalysisSeptember 18, 2025September 18, 2025

    Centenary Bank has made a contribution of UGX 86 million to Kampala Capital City Authority (KCCA) towards the upcoming Kampala City Festival and the city’s waste management program through the…

    Why Africa needs digital infrastructure for trade to thrive

    CEO East Africa MagazineBanking & Financial ServicesGlobal NewsNews & AnalysisSeptember 18, 2025September 18, 2025

    By Jeremy Awori Across Africa, there is growing momentum in support of intra-African trade, as work to unlock the potential of small and medium-sized enterprises (SMEs) as key drivers of…

    PostBank Staff Equipped on Green Financing Initiatives as the Bank Responds to the Global Sustainability Agenda

    Paul MurungiBanking & Financial ServicesCompany NewsSeptember 17, 2025September 22, 2025

    PostBank Uganda, which is rebranding to Pearl Bank has collaborated with adelphi to provide a 3-day hands-on capacity building initiative for its staff, designed to enable them to gain insights…

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