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Kampala Associated Advocates (KAA) has been tapped to represent Stanbic Bank Uganda and its parent, Stanbic Uganda Holdings Limited, in one of the largest transfer-pricing disputes to reach the Tax Appeals Tribunal (TAT) in recent years — a case carrying a working exposure figure of roughly UGX 117.8 billion. The case, filed by KAA in June 2025 under TAT Application No. 170 of 2025, challenges an assessment by the Uganda Revenue Authority (URA) arising from years of intra-group charges, franchise fees, technology cost allocations and profit-sharing arrangements between Stanbic and its parent entities. At its core, the dispute tests how…
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“Pressure and results don’t have to come at the expense of humanity; they can be amplified by it,” says Irene Mwoyogwona, the award-winning CFO of Pride Bank Limited and winner of the Leadership Award 2025 at the 9th edition of the Chief Financial Officer Awards 2025– an initiative of ACCA Uganda and Deloitte Uganda. Irene sits down with CEO East Africa Magazine’s Paul Murungi to discuss what true leadership means in the high-stakes world of finance. She explains that her greatest fulfilment comes from creating spaces where people flourish and capacity is multiplied, proving that profitability and purpose can coexist. …
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I&M Bank Uganda has appointed Rutabanzibwa Lwanga as its new Head of Risk, effective October 2025. He takes over from Joseph Biryahwaho, who was recently elevated to the role of Group Head of Enterprise Risk for I&M Group Plc and now sits at the Group Headquarters in Nairobi. Lwanga joins the bank with 24 years of experience in Uganda’s banking sector, including 18 years in risk management, audit, internal controls, and governance. His career spans senior roles in both Stanbic Bank Uganda and Barclays Bank Uganda, where he built extensive expertise in enterprise risk management frameworks, operational risk oversight, internal…
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Ecobank Uganda has appointed Emmanuel Kiberu as its new Chief Financial Officer (CFO), marking a significant addition to the bank’s executive leadership team. A qualified Chartered Accountant with over a…
I’ve been a minority shareholder in Stanbic Bank Uganda for a while now. And like many retail investors, I occasionally take an interest in their performance, most times I just…
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