President Yoweri Kaguta Museveni has appointed Justice Flavian Zeija as the new Chief Justice of the Republic of Uganda, elevating a seasoned jurist, academic and administrator to the country’s highest…
Standard Chartered Bank has announced a series of top leadership changes across its African operations, naming Nigerian banker Dalu Ajene as its new Chief Executive Officer (CEO) for Africa. The…
South Africa’s Nedbank Group has unveiled plans to acquire approximately 66% of the issued ordinary share capital of Kenya’s NCBA Group. The move is set to hand the Johannesburg-listed lender...
Uganda’s two largest mobile network operators, Airtel Uganda and MTN Uganda, are estimated to have lost between UGX 22.8 billion and UGX 24 billion in data revenues following the four-day…
Frank Molla, Managing Director for Africa at payments giant MDP, is a strong believer that books are quiet mentors and companions that steer leaders toward depth, courage, and beautifully human…
A new chapter in Uganda’s digital finance landscape is quietly unfolding as Stanbic’s FlexiPay and Pearl Bank’s (formerly PostBank) Wendi Wallet join forces to create one of the country’s most powerful interoperable payment ecosystems. Together, the two will drive over UGX 6 trillion in annual digital transactions, merging liquidity, inclusion, and innovation into a seamless financial network that connects over 1.5 million Ugandans. Fillings contained in the two banks’ 2024 financial reports tell of a partnership that could shape a new revolution in Uganda’s e-money ecosystem. Yet it introduces a new chapter of partnerships that will likely reshape how…
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Three years after taking over the reins at Nile Breweries Limited (NBL), Adu Rando, the Brazilian Managing Director of the AB InBev subsidiary, has been promoted to Global Director, BEES…
Ugandan investment banker Anne Aliker has been appointed Head, Africa Regions – Corporate and Investment Banking (CIB) at Standard Bank Group, Africa’s largest bank by assets. Her appointment marks a major milestone not only in her distinguished career but also in the growing presence of Ugandan professionals in senior leadership roles across Africa’s financial sector. It also underscores Standard Bank Group’s continued commitment to developing African leaders to drive the continent’s growth. Luvuyo Masinda, Chief Executive of Corporate and Investment Banking at Standard Bank Group, said the appointment aligns with the bank’s vision to strengthen its leadership capacity and expand…
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Africa’s agricultural potential remains hindered by fragmented value chains and inefficient trade corridors, not by a lack of arable land or labour, which it has in abundance. Key to solving…
A decade ago, Africa’s fintech revolution began as a response to one of the continent’s most persistent challenges: access to finance. In 2011, only 23% of people in sub-Saharan Africa had access to formal financial services, according to the World Bank. The launch of M-PESA in Kenya marked a turning point, proving that mobile technology could leapfrog traditional banking barriers. By enabling millions to send and receive money using basic feature phones, M-PESA laid the foundation for a continental digital finance revolution. As mobile penetration surged, surpassing 500 million unique subscribers by 2022 (GSMA), fintech startups began filling the gaps…
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President Yoweri Museveni has appointed Mr. Lino Anguzu as the new Director of Public Prosecutions (DPP), replacing Justice Jane Frances Abodo, who was recently elevated to the position of Principal…
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…
In November last year, Standard Chartered Bank Uganda announced its intention to sell its Wealth and Retail Banking business. This announcement did not signal an exit from Uganda — rather,…
From Kahuma’s corruption probes to Ebiru’s bribery confession and Kasigwa’s contested leadership, the Uganda National Bureau of Standards (UNBS) has spent more time battling itself than enforcing quality. For over…
In a dramatic twist at the Uganda National Bureau of Standards (UNBS), Trade Minister Francis Mwebesa has rescinded his earlier directive that sent Executive Director Eng. James N. Kasigwa on forced…
