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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...

    Peter Mukuru has joined Uganda Development Bank as the Director Business Technology

    Brian EmorutBanking & Financial ServicesCompany NewsFebruary 18, 2026February 19, 2026

    Peter is a seasoned Business Technology practitioner and digital transformation leader with over two decades of executive leadership experience across Development Finance, Regulation, Government, Utilities, and the Private Sector. Most…

    Financial Services CEOs Double Down on AI, Resilience and Strategic Growth in 2026 in KPMG Global Outlook

    CEO East Africa MagazineBanking & Financial ServicesThe Big StoryFebruary 17, 2026February 17, 2026

    Financial services leaders across Africa are entering 2026 with renewed confidence, placing artificial intelligence (AI), cybersecurity, regulatory resilience and disciplined growth at the centre of their transformation agendas. This is…

    Pearl Bank, World Vision Partner to Rehabilitate Water Sources in Kamwenge for Long-Term Sustainability

    Paul MurungiBanking & Financial ServicesCompany NewsFebruary 13, 2026February 13, 2026

    Pearl Bank (formerly PostBank Uganda), World Vision Uganda, and Vision Fund International have announced a landmark partnership to rehabilitate water infrastructure across Kamwenge district. The initiative will leverage the Water,…

    Kenny Fihla’s bold tech-led retail reset sees him tap Sitoyo Lopokoiyit to power Absa’s next phase of reinvention.

    What Absa Group’s Hiring of M-PESA’s Sitoyo Lopokoiyit Reveals About Kenny Fihla’s Strategic Intentions

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryFebruary 13, 2026February 13, 2026

    Hardly two weeks after Absa Group CEO Kenny Fihla concluded a high-level working visit to Nairobi, Kenya, the Group this week announced that it had hired Sitoyo Lopokoiyit as its…

    Sitoyo Lopokoiyit to Quit as M-PESA Africa CEO; Ethiopia Monetisation Concerns Loom

    Muhereza KyamuteteraBanking & Financial ServicesCompany NewsFebruary 11, 2026February 11, 2026

    Sitoyo Lopokoiyit, one of Africa’s most influential fintech leaders and the architect of M-PESA’s continental expansion strategy, is set to step down as Chief Executive Officer of M-PESA Africa on…

    Absa Group Appoints M-PESA Africa CEO Sitoyo Lopokoiyit as Head of Personal and Private Banking

    Paul MurungiBanking & Financial ServicesThe Big StoryFebruary 11, 2026February 11, 2026

    Absa Group has confirmed the appointment of M-PESA Africa chief executive Sitoyo Lopokoiyit as the new head of its Personal and Private Banking division, marking a significant leadership move as…

    As Absa Uganda enters consolidation, 2026 will test David Wandera’s leadership, integration skill, and ability to sustain momentum, carrying national expectations as the bank’s first Ugandan Managing Director forward decisively.

    All Eyes on David Wandera: Why 2026 is a Critical Year for Absa

    Jeff WintersBanking & Financial ServicesThe Big StoryFebruary 8, 2026February 8, 2026

    There is a saying that when you are entrusted with the responsibility of representing your country, you must give your very best, because you are carrying the weight and expectations…

    I&M Bank Katogo Golf Series sponsors promise a bigger and more exciting 2026 season

    Brian EmorutBanking & Financial ServicesCompany NewsFebruary 7, 2026February 7, 2026

    On Thursday, 5 February 2026, I&M Bank Katogo Golf Series title sponsors- I&M Bank Uganda, hosted partners and sponsors of the tournament at an exclusive appreciation dinner at the Kampala…

    Equity Bank Uganda to Relocate Core Banking Data From Kenya to Uganda  Under New Central Bank Rules

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryFebruary 6, 2026February 6, 2026

    Equity Bank Uganda will this weekend migrate its core banking data — including its Finacle database — from Kenya to an in-country data centre in Uganda, in a move aimed…

    Equity Bank Launches Affordable Financing for Electric Cooking In Uganda

    Brian EmorutBanking & Financial ServicesCompany NewsFebruary 5, 2026February 5, 2026

    Equity Bank Uganda in partnership with UKAID and the Ministry of Energy has today launched affordable financing for eCooking products and technologies in Uganda. Dubbed the Modern Energy Cooking Services…

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