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Tag Archives: Banking

Bankers urged to maintain ethics amid economic downturn

  Kampala, Uganda | THE INDEPENDENT | Practitioners in the banking and financial services industry have been urged to maintain their ethics amid the current slowdown in economic activity, the Executive Director for Supervision at the Bank of Uganda – Dr Twinemanzi Tumubweine – has said. While addressing bankers during …

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Kituuka is new Equity Bank Uganda MD

  Kampala, Uganda | THE INDEPENDENT |  Equity Bank Uganda Limited has announced the appointment of Anthony Kituuka as the new Managing Director with immediate effect. The announcement, which was made by the Board of Directors, follows the promotion of Samuel Kirubi who was the Managing Director to the position …

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Equity launches high-tech contact centre in Kampala

Kampala, Uganda | THE INDEPENDENT | As one of the strategies to further improve customer experience and deliver services to its customers conveniently, Equity bank has launched a high-tech contact centre. The new Contact Centre will allow the Bank to deliver improved support conveniently to the nearly 1.6 million customers 24/7. …

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Absa Group 2022 interim earnings increase 27%

  Absa Group operations demonstrating continued strong recovery Johannesburg, South Africa | THE INDEPENDENT | Absa Group headline earnings increased 27% to Rands 11 billion in the first half of the year as revenue increased, demonstrating a continued strong recovery from the global economic downturn in 2020. Absa reported solid pre-prevision …

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Chipper Cash celebrates 4th anniversary

Kampala, Uganda | THE INDEPENDENT | To celebrate the Chipper Cash four-year journey in Uganda, the company treated some of its users to a breakfast customer meet at Mestil Hotel Friday. Speaking at the breakfast that had key media personalities Anne Kansiime and Timothy Code as hosts, Dan Tumuramye the Country …

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Changes to microfinance deposit-taking institutions act approved

Kampala, Uganda | THE INDEPENDENT | Cabinet has adopted the proposed changes in the Microfinance Deposit-Taking Institutions-MDIs Act 2003. According to the proposed changes, MDIs will now offer all services offered by other banks, which has not been the case. The Minister of Information and National Guidance, Chris Baryomunsi communicated …

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