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    Stanbic Bank Kenya’s Q1 Profit Drops by 16% on Lower Forex Income

    by Paul MurungiAfricaNews & AnalysisThe Big StoryMay 12, 2025May 12, 2025

    Stanbic Bank Kenya, a subsidiary of Stanbic Holdings Plc, reported a 16.6% decline in net profit for the first quarter ended March 2025, largely attributed to a sharp drop in…

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    Stanbic Uganda Posts Record UGX 478 Billion Profit in 2024, Assets Cross UGX 10 Trillion Mark

    by Paul MurungiBanking & InsuranceEast AfricaThe Big StoryMarch 24, 2025March 24, 2025

    Stanbic Uganda Holdings Limited (SUHL), the parent company of Stanbic Bank Uganda and four other subsidiaries, has announced a record net profit of UGX 478 billion for the financial year…

    Cybersecurity Tips Ahead of Christmas Festivities

    by Paul MurungiIndustry & AnalysisThought LeadershipDecember 19, 2024December 21, 2024

    By Steven Mwesige A flurry of incidents in the news of cybersecurity breaches in recent weeks are a cause for concern, but with a better understanding of cybersecurity need not…

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    BREAKING NEWS: Standard Chartered to sell its Wealth and Retail Banking businesses in Uganda, Zambia and Botswana

    by Paul MurungiThe Big StoryNovember 27, 2024November 30, 2024

    London-based Standard Chartered Group is exploring the potential sale of its Wealth & Retail Banking (WRB) businesses in Botswana, Uganda and Zambia.The Group, in a published statement today said, it…

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    Thought Leadership: The Role Blockchain can play in Driving Financial Inclusion

    by CEO East Africa MagazineIndustry & AnalysisThought LeadershipNovember 14, 2024November 14, 2024

    By Francis Lutalo The banking industry is facing unprecedented times with the need to adapt faster to emerging technology to serve the ever-changing client needs. Faced with competition from other third-party…

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    CITI, Marks 25 Years In Uganda

    by Brian EmorutCompany NewsFinanceNews & AnalysisNovember 13, 2024November 13, 2024

    Citi Uganda commemorated 25 years of operating in the country in an event attended by government, business, and industry leaders, including the Minister of State for General Duties, Honorable Henry Musasizi. Since…

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    Equity Group Holdings PLC Reports 3rd Quarter 2024 Profit After Tax of Kshs 40.9 Billion

    by Brian EmorutAfricaCompany NewsEast AfricaFinanceThe Big StoryNovember 12, 2024November 12, 2024

    Against a backdrop of continued macroeconomic headwinds of high interest rates and volatile exchange rates across the markets that the Group operates in, Equity Group Holdings Plc (EGH) continues to…

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    Equity Bank Uganda meets Ugandans working in the UAE for specialized financial and banking services

    by Brian EmorutNews & AnalysisThe Big StoryOctober 11, 2024October 11, 2024

    Equity Bank Uganda has embarked on a strategic mission to strengthen its relationship with Ugandans living and working in the United Arab Emirates (UAE) by offering specialized financial and banking…

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    Equity Bank Unveils Revolutionary Digital Savings Product

    by Paul MurungiCompany NewsSeptember 18, 2024September 18, 2024

    Equity Bank has today unveiled a range of new digital savings products designed to help customers save seamlessly, grow their money and reach their financial goals with greater ease.  Accessible…

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    Andrew Ssekamwa drops Uganda Airlines’ CFO role, returns to Movit as Chief Commercial Officer

    by Paul MurungiThe Big StorySeptember 9, 2024September 10, 2024

    After 18 months as the Chief Financial Officer of Uganda Airlines, Andrew Ssekamwa has left the national carrier and joined Movit Products as a Chief Commercial Officer responsible for the…

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