In a pivotal step towards fostering innovation and collaboration withinUganda’s financial services sector, Housing Finance Bank has become a member of the Financial Technologies Services Providers’ Association (FITSPA). FITSPA is...
Bank of Uganda (BoU) cautioned the public against any practice that mutilates, defaces, or compromises the integrity of Uganda Shilling currency. This includes the use of currency banknotes in making...
By Richard Yego Over the past 25 years, MTN has played an instrumental role in shaping Uganda’s telecommunications and digital economy, marking a journey characterized by innovation and transformation. Our...
The HR Reveal Awards, popular for shining a light on best HR practice have recognized Julius Kakeeto as a trailblazer in driving a people-centric approach to leadership within the banking...
Intesa Sanpaolo and Investec Bank have successfully raised US$150m on behalf of CRDB Bank, Tanzania’s largest bank, in the form of a syndicated term loan facility. The transaction is a…
Businesses in Eastern Africa must act quickly to avert increasing cases of economic crimes and fraud that threaten their existence, the Global Economic and Crime Survey by renowned international audit…
Andrew Kilonzo, the managing director of Uganda Breweries Limited (UBL)this week held a productive and insightful meeting with the new I&M Bank Uganda CEO, Robin Bairstow, at the bank’s head…
Behind Ruth Zaipuna’s calm demeanor lies a lady who is a fighter and strong willed strategist. Since becoming CEO of the NMB Bank in Tanzania in 2020, she has transformed…
By Jaco Viljoen Around the world, banks form the foundations of any economy by providing critical services that enable payments, working capital to grow businesses, finance to buy assets, interest…
Kariuki Ngari usually refers to himself as a village boy at heart. Born and raised on the slopes of Mt. Kenya, he has risen to become a global citizen, leading Kenya’s largest international bank, Standard Chartered Bank (SCB). Kariuki was born to a teacher and a homemaker, the only boy amongst seven sisters. His father imbued him with humility. “In…
Manzi Rwegasira has been appointed Chief Executive Officer of Stanbic Bank Tanzania. In a statement the bank said Rwegasira “brings in a wealth of expertise from various facets of banking.”…
Centenary Bank has been recognized and awarded as the best bank at the 30th Global Finance awards. In a grand celebration held alongside the IMF World Meetings in Marrakech, Morocco,…
Many African tax authorities have weak capacity to raise revenue. From 1990 to 2020, sub-Saharan African countries on average collected only about 12%-15% of GDP as taxes, a much lower…
The report notes that the “decrease in loan applications is an indication of the lingering effects of the global tight monetary policy implemented since June 2022 that has led elevated lending rates.”
