Absa Group has marked a historic milestone with the official launch of a non-banking subsidiary in the People’s Republic of China, fortifying the vital economic bridge between Africa and China. The Absa office in China will operate under a wholly foreign-owned enterprise license which permits the financial institution to provide general advisory services to clients based in China for concluding…
Kariuki Ngari, an accomplished Kenyan career banker with over 30 years of experience has been promoted to the role of Chief Executive Officer of the Standard Chartered Bank Africa region. The role is an additional responsibility, and a highlight in his career as he continues his role as Managing Director of Standard Chartered Bank Kenya. The seasoned financial professional has…
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…
Post Bank Uganda has appointed Andrew Kabeera as its new Executive Director, effective July 2020. A seasoned banker, Kabeera brings to Post Bank, a wealth of experience in Uganda’s financial…
Centenary Bank continues to broaden its banking services with the aim of offering Ugandans convenient banking experiences through its alternative digital banking services. While addressing the media at the Trolley…
Post Bank Uganda Limited has appointed Mr Julius Kakeeto as the bank’s new Managing Director. He replaces Stephen Mukweli who has served in this role for the last 15 years….
Bank of Uganda sold Crane Bank for Shs200 billion to Dfcu Group; payable over 3 years, in just 11 months after the contentious deal, Dfcu has reported earning Shs260 billion…
By Our Reporter According to a just released Wealth Report compiled by Knight Frank on wealthy individuals in Africa, the number of multi-millionaires in Africa will grow at a faster…
By Patrick Kagenda Shortly after the Britam Board of Directors holding their general meeting in Kampala and appointing a new CEO for their Uganda field in a bid aimed at…
By Patrick Kagenda The Uganda shilling has come under tremendous upward pressure rising above the Ushs 2530 to the dollar from the strong trading level of Ushs 2460 to the…
