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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...

    Julius Kakeeto Steers Pearl Bank to UGX 47.3 Billion Profit as Rebrand Signals Rise of a Homegrown Banking Powerhouse — Paving the Way for the Next Growth Phase

    Paul MurungiBanking & Financial ServicesThe Big StoryMarch 30, 2026March 30, 2026

    Pearl Bank Uganda has stepped into its new identity with both regulatory endorsement and strong financial muscle, posting a profit after tax (PAT) of UGX 47.3 billion for the year…

    Stanbic’s Five-Year Scorecard: How Profit Growth, Deposits, Lending and Dividends Reshaped Performance

    Paul MurungiBanking & Financial ServicesThe Big StoryMarch 23, 2026March 24, 2026

    Stanbic Bank’s five-year performance story is, above all, a profit story. It offers the clearest window into how the bank has transformed its balance sheet, expanded lending, deepened customer deposits,…

    Stanbic Bank reveals UGX 270 billion EACOP debt financing as pipeline project advances

    Paul MurungiBanking & Financial ServicesEnergy, Oil & GasThe Big StoryMarch 23, 2026March 25, 2026

    Stanbic Bank Uganda has revealed that it committed more than UGX 270 billion in debt financing to the East African Crude Oil Pipeline (EACOP), reinforcing its role in funding large-scale…

    Stanbic Uganda Shareholders to Receive UGX 360bn After 10 Years of Rapid Dividend Growth

    Paul MurungiBanking & Financial ServicesThe Big StoryMarch 23, 2026March 23, 2026

    Stanbic Uganda Holdings Limited has reported a strong set of financial results for the year ended 31 December 2025, with shareholders set to receive UGX 360 billion in dividends. Stanbic…

    Equity Bank Rwanda headquarters in Kigali and Managing Director Hannington Namara. Authorities in Uganda have arrested six suspects linked to a cross-border digital fraud targeting the bank, as investigations into the multi-million-dollar heist continue.

    6 Ugandans Arrested in Connection to USD 3.4 Mn Equity Bank Rwanda Digital Heist

    CEO East Africa MagazineBanking & Financial ServicesThe Big StoryMarch 22, 2026March 22, 2026

    Six Ugandans have been arrested and are set to be arraigned in court on March 23, 2026 in connection with a cross-border digital fraud scheme targeting Equity Bank Rwanda, marking…

    Katikkiro Mayiga hails JCRC, Pearl Bank, Rotary over USD 4 million bone marrow facility drive

    Paul MurungiBanking & Financial ServicesCompany NewsMarch 18, 2026March 18, 2026

    The Katikkiro of Buganda, Owek. Charles Peter Mayiga, has commended the Joint Clinical Research Centre (JCRC), Pearl Bank and Rotary Uganda for spearheading a fundraising drive to raise USD 4…

    World Bank bans PwC Africa, Rwanda and Kenya affiliates from Bank Group-financed projects over fraudulent practices

    Paul MurungiBanking & Financial ServicesBusiness & MarketsThe Big StoryMarch 18, 2026March 18, 2026

    The World Bank Group has debarred three PricewaterhouseCoopers (PwC) entities in Africa for 21 months over their involvement in collusive and fraudulent practices linked to a major regional energy project…

    Deal Makers: Meet Deloitte Advisors Behind Absa’s Acquisition of StanChart’s Wealth and Retail Business in Uganda

    Paul MurungiBanking & Financial ServicesBusiness & MarketsThe Big StoryMarch 15, 2026March 15, 2026

    In a transaction set to reshape Uganda’s banking landscape, Absa Bank Uganda signed an agreement in October last year to acquire the Wealth and Retail Banking (WRB) business of Standard…

    I&M Bank Katogo Golf Series Returns to Entebbe with Innovative Format and High-Stakes Rewards

    Brian EmorutBanking & Financial ServicesCompany NewsMarch 13, 2026March 13, 2026

    After a short break, the I&M Bank Katogo Golf Series will officially tee off the 2026 season this Saturday, March 14, at Entebbe Club’s par-71 golf course. The new season,…

    Stanbic, Absa and Centenary Control Nearly Half of Uganda’s Bancassurance Market as Premiums Top UGX 302 Billion

    Paul MurungiBanking & Financial ServicesInsuranceThe Big StoryMarch 13, 2026March 13, 2026

    The bancassurance market is increasingly consolidating around a small group of dominant lenders, with Stanbic, Absa and Centenary emerging as the leading distributors of insurance through banking channels. The Insurance…

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