The partnership will enable customers borrow mobile loans for as low as Shs300 and earn interest on savings for as high 9%, respectively Kampala, Uganda | ISAAC KHISA | Telecom operator, Airtel Uganda, has appointed KCB Uganda as a trust account holder for its mobile financial services Airtel Money in …
Read More »KCB Bank Uganda donates protective gear, sh8.7M to Ayile School in Lira
Lira, Uganda | THE INDEPENDENT | KCB Bank Uganda has handed over Personal Protective Gear (PPE) and a sum of sh8.7 million for the procurement of class desks to Ayile Primary School in Lira District as it seeks to improve the learning conditions for children in rural areas. While handing …
Read More »An organization’s internal auditing function must be independent but not isolated
In carrying out their work, internal auditors must focus on three areas – Risk Management, Risk Control and Governance. COMMENT | Francis Banalekaki Yiga | For any business or organization, there will always be risks that could ultimately tarnish its reputation, dampen stakeholder confidence or in worst case scenario, sink the organization …
Read More »KCB Bank Uganda donates Sh7m towards surgery of vulnerable children at Cure Hospital
Mbale, Uganda | THE INDEPENDNET | KCB Bank Uganda has in honor of the Neuro-surgery Week, commenced its annual CSR drive, with a donation of Sh7 million to Cure Hospital in Mbale district.The donation will facilitate surgical operations for vulnerable children with life threatening conditions that include; Hydrocephalus, spinal …
Read More »Kenya’s I&M completes majority acquisition of Orient Bank
What it means for clients and banking sector Kampala, Uganda | JULIUS BUSINGE | Kenya’s I&M Bank has completed the majority acquisition of Orient Bank Ltd from 8 miles LLP and Morka Holdings Limited, executives said on April.30. The Kenyan lender follows the footsteps of DTB, KCB, Equity and NCBA …
Read More »Othieno Mayende is new Chairman of KCB Bank Uganda
Kampala, Uganda | THE INDEPENDENT | KCB Bank Uganda Limited has appointed Constant Othieno Mayende its chairman Board of Directors. Othieno Mayende will replace Aga Sekalala Jr, whose term recently came to an end. Othieno Mayende has over 23 years’ experience in banking, strategy formulation, business development, financial management, …
Read More »KCB Bank Uganda appoints Nantongo head corporate banking
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 »Mildmay ‘Saving Lives Marathon’ a success, millions raised to support premature babies
Kampala, Uganda | THE INDEPENDENT | Former World Champions Dorcus Inzikuru and Speaker Rebecca Kadaga joined hundreds of runners Sunday who turned up to raise millions to support the work of Mildmay Uganda. When Kadaga flagged off Inzikuru and several runners in the 2, 5 and 7 km event categories from …
Read More »Police Foil Robbery at KCB Bank
Jinja, Uganda | THE INDEPENDENT | Police has foiled a robbery at Kenya Commercial Bank-KCB branch along main street in Jinja town. Police Spokesperson, Fred Enanga, says two private security guards attached to pinnacle security stormed the bank in the company of an unidentified person and put three bank staff at …
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