In a few weeks, Stanbic Bank Uganda — the country’s largest commercial bank — will release its full-year 2025 results. If its first-half performance is any indication, the bank is likely to report positive growth across most of its core fundamentals. Stanbic Uganda Holdings Limited (SUHL), where Stanbic Bank remains the anchor subsidiary and principal value driver, recorded a sharp acceleration across its balance-sheet metrics in H1 2025. Customer deposits grew to UGX 8.44 trillion, a 28.9% year-on-year increase from UGX 6.55 trillion in June 2024. That liquidity expansion translated into measured loan growth, with loans and advances rising to…
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Banks are lending more freely for now, but are preparing to tighten the taps as election uncertainty builds, and borrowers show signs of strain. Lending conditions in the quarter ending December 2025 were broadly unchanged, though with a gentle bias toward easing. Credit standards eased by 9.2% for enterprises and 18.5% for households, supported by stable inflation, seasonal demand, and targeted support for small businesses and consumers. That supportive stance is expected to shift. Banks anticipate a net tightening of 16.1% in enterprise credit standards by March 2026, marking a clear move from cautious optimism toward more active risk management….
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Deepak Pandey is poised to make a return to the top of Uganda’s insurance industry after being lined up as Chief Executive Officer of the reorganised Jubilee Life Insurance, according to sources familiar with the matter. The development follows the recent restructuring of Jubilee’s life and health insurance operations in Uganda, which saw the consolidation of the businesses into a single entity aimed at improving operational efficiency, governance, and market competitiveness. People with knowledge of the discussions say the reorganisation created room for a leadership reset at the life insurance unit. Sources say Pandey’s comeback reflects renewed confidence by the…
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AutoXpress Uganda CFO, Amanda Ayebare won the SME CFO Award at the 9th edition of the Chief Financial Officer Awards 2025– an initiative of ACCA Uganda and Deloitte Uganda. In an exclusive interview with CEO East Africa Magazine’ Paul Murungi, she opens up about leading finance in the demanding SME landscape, the necessity of thinking “outside the box,” adopting quickly, and steering the business through tough choices concerning survival and growth. Ayebare champions the need for tenacity and firm rooting to turn challenges into long-term success. Amanda, congratulations on this incredible milestone. Leading finance in an SME is both exhilarating…
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If the first part of this series was about how the madmen stumbled into the machine, and the second about how the money broke it, this part is about what the machine does to the people inside it. Not the awards. Not the case studies. The bodies. The marriages. The minds. On a pitch night in Kampala, somewhere between midnight and 3 am, the city goes quiet, but the minds behind the advertising agencies get louder. A designer is on revision 17 of a key visual. A copywriter is arguing with themselves over whether “unlock” or “unleash” feels more premium….
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“It’s about integrity, accountability, and doing things the right way,” says CFO Frederick Kakooza of Quality Chemical Industries Ltd (Qcil), who earned the prestigious Compliance & Governance Award at the at the 9th edition of the Chief Financial Officer Awards 2025– an initiative of ACCA Uganda and Deloitte Uganda. Kakooza sits down with Paul Murungi to discuss his transformative approach to finance, detailing how he has driven the function from a back-office operation to a powerful leadership statement within Qcil. He explains that this recognition is a powerful stamp of confidence in the efforts invested to ensure that company rules,…
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Appointed in June 2020, Peter Ssenyange is the Chief Financial Officer at Pearl Bank (formerly PostBank Uganda Limited), and is part of the leadership team that is transforming the bank into a value driver in the Ugandan economy. Under his leadership, the bank has achieved sustainability certification, won the Sustainability Award, and he was named CFO of the Year for his role in redefining sustainable finance and corporate governance in Uganda at the CFO Awards 2025, an initiative launched by Deloitte Uganda and ACCA Uganda. The awards highlight the critical role played by finance professionals in driving financial stewardship, strategic…
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In a sweeping call for economic recalibration across the continent, Equity Group Managing Director and CEO, Dr. James Mwangi, has urged African governments to “let the private sector take on development projects,” arguing that sustainable growth will increasingly depend on private-sector investment rather than public expenditure. Speaking at the B20 Summit Fireside Chat in Johannesburg, Mwangi outlined Equity Group’s Pan-African ambitions—including expansion into 15 countries by 2030—and affirmed that all the Group’s subsidiaries are now “fairly profitable,” positioning the lender for its next phase of continental growth. Mwangi’s insights came during a high-level conversation on Bridging Priorities: Cooperation, Innovation, and…
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A November 2025 RMB white paper titled Continent at a Crossroads has warned that Africa is entering a decisive decade. The choices governments, firms, and regional blocs make will determine whether the continent turns its advantages into broad prosperity or falls back into familiar traps. The study is grounded in 47 leadership interviews and a survey of more than 2,300 respondents. It frames Africa’s outlook through nine linked forces, from governance and integration to demographics, technology, and geopolitics. The paper’s most consistent finding is that governance is the single biggest constraint on Africa’s economic transformation. Interviewees repeatedly point to weak…
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Three years after taking over the reins at Nile Breweries Limited (NBL), Adu Rando, the Brazilian Managing Director of the AB InBev subsidiary, has been promoted to Global Director, BEES…
