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    Banking

    Absa Group Bets Big on East Africa: Yasmin Masithela Reveals the Scale, Digital Ambition, and Regional Push Behind the StanChart Uganda Deal 

    Paul MurungiBanking & InsuranceThe Big StoryNovember 28, 2025November 28, 2025

    Let’s start off with why Absa Group is involved in this B20 summit.  When we decided to participate in B20, it was largely because we’re a pan-African bank, and this…

    Makerere University and dfcu Bank Partner to Enhance Higher Education, Research and Student Support

    Brian EmorutCompany NewsNews & AnalysisJuly 8, 2025July 8, 2025

    Makerere University and dfcu Bank Limited signed a three-year Memorandum of Understanding (MoU) designed to support the university’s core mandate as Uganda’s premier higher education institution. The partnership will enhance…

    Equity Bank Uganda Limited Delegation Visits Nation Media Group

    Brian EmorutBanking & InsuranceCompany NewsJuly 4, 2025July 4, 2025

    A delegation from Equity Bank Uganda led by Managing Director Gift Shoko today paid a courtesy visit to the Nation Media Group head office in Namwongo, a Kampala suburb. The…

    Paul Russo Elected Chairperson of Kenya Bankers Association, Succeeding John Gachora

    Brian EmorutBanking & InsuranceCEOsJune 23, 2025June 23, 2025

    In a notable leadership shift within Kenya’s financial services sector, KCB Group Chief Executive Officer Paul Russo has been elected Chairperson of the Kenya Bankers Association (KBA), the umbrella body…

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

    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…

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

    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

    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…

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

    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,…

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

    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…

    CITI, Marks 25 Years In Uganda

    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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