Login
Subscribe
TodaySaturday, May 02, 2026

East Africa Business

David Wandera, Managing Director of Absa Bank Uganda — the first Ugandan to lead the bank in its over 90-year history — whose first full year at the helm delivered a 25% surge in profits, 46% growth in deposits, and a balance sheet that crossed the UGX 7 trillion mark, signalling a new phase of scale, discipline, and momentum.
David Wandera, Managing Director of Absa Bank Uganda — the first Ugandan to lead the bank in its over 90-year history — whose first full year at the helm delivered a 25% surge in profits, 46% growth in deposits, and a balance sheet that crossed the UGX 7 trillion mark, signalling a new phase of scale, discipline, and momentum.

25% Profit Growth, 46% Deposit Surge, 29% Asset Expansion: Inside David Wandera’s Breakout Year at Absa Uganda

When David Wandera officially stepped into the role of Managing Director of Absa Bank Uganda in May 2025, the appointment marked far more than a routine leadership transition—it signaled a defining moment
April 15, 2026
·
A photo collage of Uganda's Finance Minister, Matia Kasaija, URA Commissioner General, Musinguzi Rujoki, Finance Ministry Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, and Henry Musasizi, Minister of State for Finance, Planning and Economic Development (General Duties). The proposed tax amendments are designed not only to increase revenue collection but also to enhance compliance and support URA’s enforcement efforts.

What Uganda’s UGX 1.7 Trillion Tax Plan Means for Your Wallet

From transport fares and household shopping to business operations, Uganda’s proposed tax changes for the Financial Year 2026/27 are likely to be felt in different ways across the economy, depending on how
April 3, 2026
·
A visual showcase of the inaugural Africa CMO 100—featuring the continent’s most influential marketing leaders, including a strong Eastern Africa contingent and Hall of Fame inductee Sylvia Mulinge.

East Africa’s Marketing Leaders Shine in Africa CMO 100 Debut, with Sylvia Mulinge Inducted into Hall of Fame

Eastern Africa has taken a prominent place in Africa’s evolving brand and marketing leadership landscape, with 17 senior marketing leaders from across Kenya, Uganda, Tanzania and Ethiopia named among the continent’s most
March 31, 2026
·
Option 1 (Strong & Descriptive) Benson Ndung’u, CEO of KPMG East Africa, discussing AI adoption and digital transformation in the region.
Benson Ndung’u, CEO of KPMG East Africa, argues that the region is fast emerging as a proving ground for practical, high-impact AI adoption.

AI as a growth accelerator: Why East Africa is emerging as a testbed for digital transformation

As East African economies continue to navigate the pressures of inflation, currency swings and an increasingly uncertain global landscape, one question is rising to the top of boardroom agendas: how do organisations
November 27, 2025
·
1 2

 

error: Content is protected !!
×