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April 22, 2026
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    Standard Chartered

    Standard Bank’s Sim Tshabalala, Absa Group’s Kenny Fihla, MTN Group CEO Ralph Mupita, SanlamAllianz’s Heinie Werth, Nedbank Group’s Jason Quinn, and Old Mutual’s Jurie Strydom represent more than individual corporate leaders. Collectively, they sit at the helm of institutions controlling hundreds of billions of dollars in assets, deposits, premiums, and market capitalisation across Africa. Their strategic decisions influence capital flows, credit creation, insurance penetration, and digital finance ecosystems across multiple markets. As they pivot attention toward East Africa, they are not merely expanding footprints; they are reshaping regional banking, telecom, insurance, and investment architecture for the next phase of continental growth.

    South Africa’s capital is moving north-east, and East Africa is increasingly the preferred landing strip

    The CEO Magazine TeamThe Big StoryFebruary 13, 2026February 27, 2026

    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….

    As Absa Uganda enters consolidation, 2026 will test David Wandera’s leadership, integration skill, and ability to sustain momentum, carrying national expectations as the bank’s first Ugandan Managing Director forward decisively.

    All Eyes on David Wandera: Why 2026 is a Critical Year for Absa

    Jeff WintersBanking & Financial ServicesThe Big StoryFebruary 8, 2026February 8, 2026

    There is a saying that when you are entrusted with the responsibility of representing your country, you must give your very best, because you are carrying the weight and expectations…

    StanChart Names Nigerian Banker Dalu Ajene as its New Africa CEO Replacing Kenya’s Kariuki Ngari

    Paul MurungiThe Big StoryJanuary 22, 2026January 22, 2026

    Standard Chartered Bank has announced a series of top leadership changes across its African operations, naming Nigerian banker Dalu Ajene as its new Chief Executive Officer (CEO) for Africa.  The…

    A photo montage of Absa’s David Wandera and Standard Chartered Bank’s Sanjay Rughani. Absa’s acquisition of Standard Chartered’s retail and wealth business reshapes Uganda’s banking sector, boosting deposits, expanding assets, and strengthening retail depth as regulators begin reviewing one of the industry’s most significant restructurings.

    Absa–Standard Chartered Wealth and Retail Business Acquisition Deal Enters Regulatory Review as Sector Impact Becomes Clear

    Muhereza KyamuteteraThe Big StoryNovember 21, 2025November 21, 2025

    Less than a year after Standard Chartered announced its plan to exit its Wealth and Retail Business (WRB) segment, the long-anticipated transfer to Absa Uganda has entered a decisive phase….

    Once a vital drainage artery of Kampala, the Nakivubo Channel has become a tragic symbol of urban neglect. Buildings encroach, wetlands vanish, and rainstorms now trigger deadly floods. The city’s clogged lifeline floods again, reminding us that infrastructure failure and environmental collapse walk hand-in-hand.

    EDITORIAL: Banks Are Our Last Line of Defence – Will They Stop Financing Uganda’s Environmental Collapse?

    Editorial, CEO East AfricaBanking & Financial ServicesThe Big StoryNovember 13, 2025November 17, 2025

    When Uganda’s capital city floods, it is often framed as a natural disaster. The skies open up in fury, the drains overflow, and Kampala drowns under its own chaos. But…

    A photo collage of Absa Managing Director David Wandera and Standard Chartered chief executive officer Sanjay Rughani. Standard Chartered and Absa Bank announced on October 24 that they had agreed on the sale of Standard Chartered’s Wealth and Retail Banking business portfolio to Absa Uganda.

    Big Leap: How Absa’s UGX 1.3 Trillion New Assets and Deposits Acquisition Through Stanchart’s Wealth and Retail Business Will Rewrite its Growth Story

    CEO East Africa MagazineThe Big StoryOctober 24, 2025October 31, 2025

    Less than a year after Standard Chartered Bank announced plans to exit its Wealth and Retail Business (WRB) segment as part of a global restructuring strategy, the long-anticipated transaction has…

    Standard Chartered Uganda Hosts Investment Dialogue to Boost Regional Trade 

    Paul MurungiBanking & Financial ServicesCompany NewsMay 23, 2025May 24, 2025

    Standard Chartered is set to invest in boosting regional trade, particularly between Uganda and the Middle East.  The Middle East has emerged as one of the major export destinations for…

    Top Banks Eye Acquisition of Standard Chartered’s Retail and Wealth Business

    Paul MurungiBanking & Financial ServicesThe Big StoryMay 23, 2025May 23, 2025

    Standard Chartered Bank Uganda Chief Executive, Sanjay Rughani has indicated that a number of major banks have expressed interest in acquiring the bank’s Retail and Wealth Business.  The London-based group…

    Court Orders Stanchart to Pay UGX 59M to Former Staff for Loan Breach in Landmark Case

    CEO ReporterBanking & Financial ServicesBusiness & MarketsLegal & JusticeNews & AnalysisThe Big StoryFebruary 19, 2025February 19, 2025

    The Commercial Division of the High Court of Uganda has ruled that Standard Chartered Bank must compensate a former employee and his wife after wrongfully recalling an approved mortgage facility. …

    MTN Uganda secures UGX 370 billion debt from five local banks 

    Paul MurungiThe Big StoryDecember 31, 2024January 1, 2025

     MTN Uganda has secured UGX 370 billion (USD 100 Million) in debt financing in one of the largest local currency debt transactions in Uganda, which will be used by the…

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    • 2025: Finance Trust Bank posts 32% growth in deposits; 74% surge in net profit in strongest performance yet
      by CEO East Africa Magazine
      April 22, 2026
    • When the Law Exists But No One Listens: Uganda’s Conflict of Interest Problem
      by CEO East Africa Magazine
      April 22, 2026
    • Mercy Kainobwisho has redefined URSB through people-centered leadership and bold reforms. By driving digital transformation, strengthening systems, and expanding access, she has turned the Bureau into a modern, high-performing institution. Her tenure reflects a balance of innovation and accountability, positioning URSB as a key pillar of Uganda’s economic development.
      Driving Transformation: Mercy Kainobwisho’s Five-Year Turnaround Has Transformed URSB From Legacy to a Digital Powerhouse
      by CEO East Africa Magazine
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    • Parliament has withdrawn the Traffic & Road Safety (Amendment) Bill, 2026, halting plans to reduce the vehicle import age limit from 15 to 13 years. Lawmakers cited affordability concerns, warning the move would raise car prices and transport costs, despite government’s push for cleaner, more efficient vehicles.
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      by Jeff Winters
      April 21, 2026
    • Attorney General Kiryowa Kiwanuka defends the Bill as a transparency tool, Uganda Bankers Association head Wilbrod Owor warns of risks to capital flows, while journalist Charles Onyango-Obbo questions its sweeping definitions, together reflecting the legal, economic, and public tensions shaping debate over Uganda’s proposed Protection of Sovereignty Bill.
      A Bill Like No Other: Sovereignty Protection Push Raises Economic, Legal, and Political Questions
      by Jeff Winters
      April 21, 2026
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      by CEO East Africa Magazine
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      by Paul Murungi
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      by CEO East Africa Magazine
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      by CEO East Africa Magazine
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      Who Will Be the Next Insurance Regulatory Authority CEO: Or Will Lubega Be Granted a Fourth Term?
      by Jeff Winters
      April 20, 2026

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