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TodayWednesday, May 06, 2026

East Africa Banking

Zahid Mustafa (left), CEO of I&M Bank Tanzania, with Muhereza Kyamutetera (right), Executive Editor of CEO East Africa Magazine, during a conversation on leadership, strategy, and regional integration.
Zahid Mustafa (left), CEO of I&M Bank Tanzania, with Muhereza Kyamutetera (right), Executive Editor of CEO East Africa Magazine, during a conversation on leadership, strategy, and regional integration.

Inside Zahid Mustafa’s Turnaround Playbook: How I&M Bank Tanzania Reclaimed Growth and Relevance

This integration extends beyond trade. Tourism and human mobility are equally regional, with nearly 78% of Uganda’s international visitors coming from neighbouring East African countries, reflecting a region that is increasingly living,
April 13, 2026
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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.
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.

Charles Mudiwa leads Uganda’s dfcu Bank through 3 Straight Years of Growth— 2025 net profit reaches UGX 81.5 bn

dfcu Bank has this morning released its full-year 2025 financial results, delivering a third consecutive year of recovery and growth under Chief Executive Officer Charles Mudiwa, with net profit rising to UGX
March 30, 2026
Stanbic Uganda Holdings Limited top leadership led by the Chief Executive Francis Karuhanga pose for the group photo during the results release ceremony at Sheraton Hotel in Kampala.

Stanbic Uganda Shareholders to Receive UGX 360bn After 10 Years of Rapid Dividend Growth

Stanbic Uganda Holdings Limited has reported a strong set of financial results for the year ended 31 December 2025, with shareholders set to receive UGX 360 billion in dividends. Stanbic Bank Uganda’s
March 23, 2026
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FMO Co-Chief Investment Officer Huib-Jan de Ruijter (left) and I&M Bank Uganda CEO Robin Bairstow sign the Memorandum of Understanding following the announcement of a USD 20 million financing partnership. Standing behind them (left–right) are Natalie den Breugom, Deputy Director for Sustainable Economic Development at the Dutch Ministry of Foreign Affairs; Faith Kathambi, Investment Officer – Financial Institutions at FMO; René Idzenga, Head of State-Owned Enterprises at the Dutch Ministry of Finance; and Nadia Mindra, Head of Treasury at I&M Bank Uganda.
FMO Co-Chief Investment Officer Huib-Jan de Ruijter (left) and I&M Bank Uganda CEO Robin Bairstow sign the Memorandum of Understanding following the announcement of a USD 20 million financing partnership. Standing behind them (left–right) are Natalie den Breugom, Deputy Director for Sustainable Economic Development at the Dutch Ministry of Foreign Affairs; Faith Kathambi, Investment Officer – Financial Institutions at FMO; René Idzenga, Head of State-Owned Enterprises at the Dutch Ministry of Finance; and Nadia Mindra, Head of Treasury at I&M Bank Uganda.

Dutch Development Bank FMO Extends USD 20 Million Facility to I&M Bank Uganda to Boost SME Financing

Financing Company for Development (FMO), the Dutch Entrepreneurial Development Bank, has extended a USD 20 million senior unsecured facility to I&M Bank (Uganda) Limited to support lending to small and medium-sized enterprises
March 12, 2026
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