Stanbic Bank Uganda has, today announced the appointment of Samuel F. Mwogeza as its Interim Chief Executive, and Barbara Dokoria as Interim Executive Director effective April 1, 2024, until substantive...
Commercial efforts by Uganda to extract and commercialise her oil and gas resources received a major boost this week as the East African Crude Oil Pipeline (EACOP) Ltd on 26th...
Stanbic Uganda Holdings Limited (SUHL), a franchise of the Standard Bank Group—Africa’s largest commercial lender by assets, has announced a profit after tax of UGX412 billion for the period ending...
The Board of Directors of Diamond Trust Bank Uganda Limited (DTBU) has named Godfrey Sebaana, a seasoned banker with over twenty years of experience, as its new Chief Executive Officer...
In the wake of the announcement of the Final Investment Decision (FID) in February 2022, the Petroleum Authority of Uganda (PAU) has sanctioned contracts valued at approximately USD7.16 billion. Of...
We all know Elijah Kitaka in Uganda’s technology space. We also know the ex-Google and former NSSF and Stanbic Bank CIO’s love for technology as well as his passion for…
In the late 80s, Sophie Nantongo, then in her early 20s set up a cosmetics shop in Makindye, a Kampala suburb. According to a friend, she was coming out of…
When he came to Uganda, back in 2000, Sanjay Awasthi chose the latter- and he does it with zero importation of physical steel, unlike most of his peers and competitors….
Ugandan supervised institutions (SFIs) that did not meet the revised capital buffers by June 2023, are on course to comply, by the June 2024 final deadline, Bank of Uganda, Uganda’s…
As 2023 comes to a close, economic indicators show that Uganda is on the right trajectory. According to the monetary policy statement for December, Bank of Uganda maintained the Central…
Uganda has extended an oil exploration license to Nigeria’s Oranto Petroleum Ltd. by two years after the company asked for compensation for time lost during the Covid-19 pandemic. The permit…
Over the next 10 years, the number of millionaires in Africa will reach 195,000 signaling a 42% increase from the current figures, the 2023 Africa Wealth Report has revealed. The…
Access Bank Plc (Access), one of Africa’s largest banking groups, is set to acquire Uganda’s Finance Trust Bank, highly-placed industry sources have told CEO East Africa Magazine. Access Bank Plc,…
In a March 2023 interview with Bloomberg, Patrick Mweheire, the Standard Bank Group Regional Chief Executive for East Africa, told of the Group’s ambitions for the Kenyan market, revealing that…
Leading carbonated soft drinks and water maker, Crown Beverages Limited (CBL), have appointed Hilda Mbabazi FCCA, CPA, MBA, as its Chief Executive Officer. CBL is the franchise bottler of global…