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March 31, 2026
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    BUSINESSES

    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,…

    Strong Business Conditions Continue as Stanbic PMI shows resilience in September

    Brian EmorutNews & AnalysisThe Big StoryOctober 9, 2024October 11, 2024

    The latest Stanbic Bank Purchasing Managers’ Index (PMI) for September revealed positive business conditions despite a slight dip in the headline index to 54.2 from 56.3 in August. A reading…

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    • Charles Mudiwa (left), CEO & Managing Director of dfcu Bank, and Jimmy D. Mugerwa, Chairman of dfcu Limited. Under Mudiwa’s leadership, dfcu Bank—the Group’s principal subsidiary—has delivered three consecutive years of growth, driving the bulk of the Group’s earnings recovery and underpinning its return to stability, profitability, and shareholder value creation.
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    • (Left-Right): NCBA Group Director Finance David Abwoga, Group Managing Director and CEO John Gachora, and Group Director Regional Business Strategy Louisa Wandabwa and Raphael have a light moment during the release of the Group’s results in Nairobi, Kenya.
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