As East Africa’s private and public institutions face increasing scrutiny and complexity, the role of corporate boards has never been more important. At the heart of this governance awakening is…
Absa Bank has strengthened its Board of Directors with the appointment of two seasoned professionals—Hassan Saleh, Managing Director of MultiChoice Uganda, and Gloria Byamugisha, Group Chief Human Resource Officer at Dangote Cement. The two have been appointed as Non-Executive Directors, in a move set to strengthen the bank’s governance and drive its next phase of strategic growth and innovation. The new appointments, announced on Thursday, bring to the board a combined wealth of expertise in commercial leadership, digital transformation, and human capital development across regional and international markets. “We are pleased to welcome Hassan and Gloria to the Board of…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Bank of Uganda (BoU) is undercapitalised to a tune of UGX671.712Billion According to the Auditor General, John Muwanga this poses a risk to the Central Bank’s operations. Auditor General, John Muwanga says this financial position poses a risk to the Central Bank’s operations The details of the Central Bank’s woes are contained in the 2018/2019 audit report of Bank of Uganda which carries queries that were raised by the Auditor General’s team. The audit report highlighted that as per the Bank of Uganda Act, Section 14 (3), the issued and paid up capital of the Bank shall be a minimum…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
