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The B20 Summit places productivity and resilience at the heart of Africa’s economic future. Which structural weaknesses in Africa concern you most, and how is Sanlam positioning itself to strengthen resilience against these vulnerabilities? If you start geographically, there’s a major challenge because of just the sheer size of the place, the fact that the population is actually mostly along the coastline of Africa, with this vast interior. A lot of challenges in terms of infrastructure, movement of goods and people and so on, but I think over time, we would like to see more investment in infrastructure in Africa….
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Ugandan investment banker Anne Aliker has been appointed Head, Africa Regions – Corporate and Investment Banking (CIB) at Standard Bank Group, Africa’s largest bank by assets. Her appointment marks a major milestone not only in her distinguished career but also in the growing presence of Ugandan professionals in senior leadership roles across Africa’s financial sector. It also underscores Standard Bank Group’s continued commitment to developing African leaders to drive the continent’s growth. Luvuyo Masinda, Chief Executive of Corporate and Investment Banking at Standard Bank Group, said the appointment aligns with the bank’s vision to strengthen its leadership capacity and expand…
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Banking just got closer for residents of Nansana, Masaka, and Soroti. Housing Finance Bank has officially opened three new branches, expanding its footprint and reinforcing its commitment to supporting communities…
By George William Kiyingi In Uganda’s bold ambition to eradicate poverty and foster prosperity at the grassroots, the Parish Development Model (PDM) stands out as a transformative framework. Yet, no…
In 2023, PostBank Uganda (PBU) launched an innovative digital wallet called Wendi. The mobile wallet was designed to foster prosperity for Ugandans by bridging the financial inclusion divide and extending…
A leaked memo from the Office of the Prime Minister reveals that the government of Uganda plans to review and possibly approve borrowing proposals amounting to over USD 1.6 billion (UGX 5.8 trillion) during a cabinet-level meeting scheduled for Wednesday, March 26, 2025. The meeting, convened by the Prime Minister, is expected to consider 12 separate loan requests from various ministries and government agencies, targeting key sectors such as roads, energy, water, health, agriculture, and financial services. Loan proposals listed in the memo: €186.97 million and an additional €19.46 million from the African Development Bank for the Busega–Mpigi Expressway. €198.6…
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In his first anniversary interview with CEO East Africa Magazine, as PostBank Managing Director/CEO held in September 2020, Julius Kakeeto envisioned a transformed financial institution. “A tier 1 fully fledged digital commercial bank at the heart of the country’s economic growth by economically transforming the lives of millions of Ugandans and businesses, in partnership with government,” was his straight answer when we asked him where he saw PostBank in the next 5-10 years. Kakeeto, who at the time said the bank was going through some housecleaning and restructuring, which he called “strengthening the bank’s foundation so that it can optimise…
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Post Bank Uganda has appointed Andrew Kabeera as its new Executive Director, effective July 2020. A seasoned banker, Kabeera brings to Post Bank, a wealth of experience in Uganda’s financial services sector, having worked at Standard Chartered Bank and most recently as dfcu Bank’s Chief Operating Officer and Chief Change and Innovation Officer. Known for his astuteness in crafting efficient business development strategies, Kabeera move to Post Bank is timely. In a recent interview with CEO East Africa, Julius Kakeeto, the bank’s Managing Director said he is looking to create a first-world experience for Post Bank customers, anchored on a…
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