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...
Every year, almost like clockwork, a quiet but consequential shift begins to take shape across the banking sector. It is neither announced nor formally recognized, yet it is deeply understood...
The High Court of Uganda has delivered a decisive ruling in a long-running land dispute in Kongero, Wakiso District, handing Ruparelia Group’s Speke Hotel 1996 Limited a major legal victory...
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...
Equity Group Holdings has delivered one of the most remarkable financial performances in East Africa’s banking history, posting a 55% surge in profit after tax to KSh75.5 billion in FY2025,...
To unpack the complex intersection of leadership, governance, and organizational resilience, CEO East Africa Magazine’s Paul Murungi sat down with Trevor Ariho, Chief Executive Officer of the League of East…
Diamond Trust Bank Uganda Limited (DTB Uganda) reported a mixed financial performance for the year ended December 31, 2024, marking a significant inflexion point in its decade-plus-long growth story. After…
Imagine earning a remarkable safari trifecta without straining your wallet – sounds enticing, right? If your passions revolve around birdwatching, exhilarating game drives, and stunning landscapes, this adventure is tailored…
Earlier this month, Pride Microfinance Limited, Uganda’s largest Microfinance Deposit-Taking Institution (MDI), officially transitioned into a Tier II banking institution, earning the regulatory nod to operate as Pride Bank Limited….
Against a backdrop of slowing credit appetite and shifting investment strategies, Uganda’s commercial banking sector recorded UGX 35.24 trillion in customer deposits in 2024, up from UGX 33.60 trillion in…
As Kampala’s urban boundaries stretch farther from the city centre, the once-sleepy residential enclave of Kyanja has emerged as a focal point for retail and mixed-use real estate investment. Now,…
Standard Chartered Bank Uganda Chief Executive, Sanjay Rughani has indicated that a number of major banks have expressed interest in acquiring the bank’s Retail and Wealth Business. The London-based group…
Uganda Electricity Distribution Company Limited (UEDCL), which has managed the country’s electricity distribution assets for 53 days since Umeme’s exit, has secured a USD 25 million (UGX 91 billion) loan…
In an extraordinary act of shareholder resolve, a majority of the minority investors in Uganda Breweries Limited (UBL) stood their ground against a high-stakes buyout offer from East African Breweries…
East African Breweries Limited (EABL), one of the crown jewels in Kenya’s corporate sector, is now at the centre of market speculation following a broader strategic pivot by its parent…