income Archives – CEO East Africa

NSSF Projects UGX 3 Trillion in Income, UGX 25 Trillion in Assets at Close of Financial Year

Paul MurungiBanking & Financial Services The Big StoryJune 20, 2025June 20, 2025

The National Social Security Fund (NSSF) is projecting robust performance at the close of the Financial Year 2024/25, with income expected to reach UGX 3 trillion and assets under management…

Stanbic Bank Kenya’s Q1 Profit Drops by 16% on Lower Forex Income

Paul MurungiGlobal News News & Analysis The Big StoryMay 12, 2025May 12, 2025

Stanbic Bank Kenya, a subsidiary of Stanbic Holdings Plc, reported a 16.6% decline in net profit for the first quarter ended March 2025, largely attributed to a sharp drop in…

Vertical Living: Why Ugandans have been slow to embrace the condominium buzz

Trevor LutaloBusiness & Markets Real Estate & Construction The Big StoryMay 5, 2025May 5, 2025

Kampala’s real estate landscape is dotted with burgeoning outlines of condominium developments, promising a modern, amenity-rich lifestyle. Adverts flood social media feeds and billboards with a promise of “affordable” two-bedroom…

Ugandan Banks harvest UGX 1.4 trillion in net profits as assets grow to UGX 53 trillion- Bank of Uganda data

Paul MurungiThe Big StoryNovember 14, 2024November 14, 2024

Latest data from Bank of Uganda (BOU) shows Ugandan banks and other supervised financial institutions, remain profitable and adequately capitalised following a surge in net-after-tax profit to UGX 1.4 trillion…