A major shift is underway in East Africa’s insurance sector after a US-based global financial services firm announced it will sell its entire 24.1% stake in ICEA Lion Insurance Holdings,…
South African capital, long dominant in Southern Africa and deeply embedded across the continent, is now moving decisively north-east. Kenya, Uganda, Tanzania, and Rwanda are no longer peripheral growth outposts….
When two of East Africa’s largest corporate transactions, together valued at nearly $3 billion, required legal advisers, the mandates converged on a single firm. That firm is Cliffe Dekker Hofmeyr…
South Africa’s Nedbank Group has unveiled plans to acquire approximately 66% of the issued ordinary share capital of Kenya’s NCBA Group. The move is set to hand the Johannesburg-listed lender…
If the long-rumored Stanbic–NCBA merger or buyout becomes reality, NCBA shareholders could emerge as the biggest winners in East Africa’s next major banking shake-up. The market already seems to agree….
Shares of NCBA Group Plc have hit an all-time high of KSh 75.25, rising 8.27 percent from KSh 69.50, after confirmation that Africa’s largest lender, Standard Bank Group Ltd., is…
Over the past four years, since the merger of two Financial Institutions in 2019, NCBA Bank Uganda has firmly established itself as one of the fastest-growing and most profitable financial…
For those who do not know you, tell us about yourself and your career background. How do you describe yourself? I consider myself a Global East African⏤ born in Uganda,…
NCBA Tanzania, the banking subsidiary of NCBA Group, has released its third-quarter financial report for 2023, showing remarkable growth in a series of bank fundamentals. In results released this week,…
Mark Muyobo, previously the Acting Managing Director & Chief Executive Officer of NCBA Bank Uganda has been confirmed as the substantive head of the bank, CEO East Africa Magazine can…
