Candy Okoboi Archives – CEO East Africa

The 111 women at the heart of Uganda’s banking industry

Muhereza KyamuteteraExecutive Profiles Lists & Rankings The Big Story Women In LeadershipJuly 7, 2023March 28, 2024

The Uganda Bankers’ Association’s Chairperson, Citibank’s Sarah Arapta is female too- the first woman to. Some financial institutions such as Finance Trust Bank- have taken it further by having an all-female Board Chairperson, CEO and Executive Director while others like Stanbic Bank, Uganda’s largest Bank and have both CEO and Executive Director as female. You could argue this is still under-representation, which it actually is, given that there are more females than males in the population, but given where we have come from, this is good progress. Some of the largest banks such as Stanbic where 45% is female and…

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BAT Uganda shareholders approve UGX 10.3 billion dividend for the year 2022 as the Company marks 95th anniversary

Muhereza KyamuteteraBusiness & Markets Company News The Big StoryJuly 6, 2023July 6, 2023

Shareholders of BAT Uganda have approved UGX 10.3 billion (UGX 209 per share) as a first and final dividend for the year ended 31st December 2022, during the Company’s 23rd Annual General Meeting (AGM) held today, 6th July 2023. The dividend, which is in line with the Company’s 100% dividend pay-out policy, will be paid net of withholding tax on 1st August 2023. During the AGM, the Company also celebrated its 95th year of operation in Uganda. Mathu Kiunjuri, the BAT Uganda Managing Director, said that while the business’ fundamentals remained solid as evidenced by the company’s sustained investment in…

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