Kampala, Uganda | JULIUS BUSINGE | KCB Bank Uganda Limited, has appointed Ramla Nantongo, a seasoned banker, as head corporate banking. She joins KCB Bank from NCBA Bank (formerly NC Bank) where she was heading the Corporate and Commercial business units. Her appointment comes a week after Agnes Namyalo …
Read More »Namyalo Mayanja appointed Executive Director KCB Bank Uganda
Kampala, Uganda | THE INDEPENDENT | Agnes Namyalo Mayanja has been appointed Executive Director for KCB Bank Uganda Limited. As the Executive Director, she will deputize and support the Bank’s Managing Director in the overall strategy formulation and implementation of astute leadership and management in line with the Bank’s …
Read More »STANBIC REPORT: Employment rises for first time in three months
Reopening of school boosts confidence of private entities and posts a growth in businesses activities ✳ Companies optimistic of the future outlook ✳ Schools reopening and increase in new business supports higher output ✳ Employment rises for first time in three month Kampala, Uganda | THE INDEPENDENT | Private sector …
Read More »Beyond Media Rhetoric: The legal, economic issues in the Ham v DTB case
My humble opinion it that just as the decision was on the face of it legally sound, the court decision was also economically sound COMMENT | James Muhindo | In order for one to understand the rationale behind the court decision in the Hamis Kiggundu Versus Diamond Trust Bank Uganda & …
Read More »Stanbic Purchasing Managers’ Index dips as business activity declines
✳ Business activity declines in January – first time in seven months in Uganda ✳ New orders and employment fall ✳ Companies still optimistic regarding 12 months outlook Kampala, Uganda | THE INDEPENDENT | Business conditions deteriorated for the first time in seven months for the Ugandan private sector in …
Read More »Equity makes history, hits trillion-shilling balance sheet
Equity Becomes the first bank in Eastern and Central Africa to achieve the trillion-shilling balance sheet milestone after migrating Banque Commercial Du Congo (BCDC) to Equity’s core banking platform Nairobi, Kenya | THE INDEPENDENT | Equity Group has crossed the Ksh.1 trillion rubicon (UgSh33 trillion), becoming the first bank in …
Read More »Absa regional operations tops retail banking in Africa
ABSA wins big at 2020 Global Retail Banking Innovation Awards Kampala, Uganda | THE INDEPENDENT | The role of Absa Group Limited’s Regional Operations (ARO) in using technology and coming up with strategic responses to the COVID-19 pandemic, have earned them a top Global Retail Banking Innovation Award. Absa Group …
Read More »Equity Uganda officially unveils a new brand identity
Equity will now present itself as a unified brand with a consolidated business model for its inclusive range of financial services. Kampala, Uganda | THE INDEPENDENT | Equity Uganda, a wholly owned subsidiary of Equity Group Holdings has today unveiled a new identity in line with Equity Group Holdings’ ongoing …
Read More »Bankers say the worst is yet to come as pandemic rages on
Kampala, Uganda | THE INDEPENDENT | The financial sector forecast is that the full effect of the Covid-19 pandemic will be realized in the next two years when investments and projects that were started earlier were supposed to have started yielding returns. The real bad effect of the pandemic has not …
Read More »DIGITAL IMPACT: Stanbic scoops three awards
📌Digital Impact Awards Africa ➡ Best Bank on Social Media ➡ Card Payment Excellence award ➡ Digital Powered Campaign (National School Championships) Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has won awards in three categories at the 2020 Digital Impact Awards Africa that were in the past week …
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The Independent Uganda: You get the Truth we Pay the Price