Finance

President Kagame appoints Jean-Guy Afrika as new CEO of Rwanda Development Board

by Paul MurungiAfricaAfricaCEOsEast AfricaFinanceIndustry & AnalysisNews & AnalysisProfilesThe Big StoryJanuary 13, 2025January 13, 2025

Rwandan President Paul Kagame has tapped Jean-Guy Afrika, a fellow Rwandan seasoned economist who spent over a decade at the African Development Bank, to lead the Rwanda Development Board (RDB)…

10 Things Bank of Uganda’s Michael Atingi-Ego Did to Stabilise the Economy in 2024

by Brian EmorutBanking & InsuranceFinanceIndustry & AnalysisMinistries, Agencies & DepartmentsThe Big StoryJanuary 7, 2025January 7, 2025

Many analysts agree that the Ugandan economy in 2024 exhibited remarkable resilience, navigating a landscape fraught with global uncertainties and regional challenges. At the centre of this performance was Dr…

Cracking Opportunities with Kigali International Financial Centre (KIFC) Club Membership

by Claude NshimiyimanaAfricaCompany NewsFinanceGlobal NewsThe Big StoryThought LeadershipJanuary 6, 2025January 8, 2025

Imagine stepping into Africa’s booming financial sector with a community behind you, ready to help you connect, grow, and lead. Becoming a member of the Kigali International Financial Centre (KIFC)…

Breaking Barriers: Gender, Innovation, and the Future of Finance

by Muhereza KyamuteteraFinanceThe Big StoryThe CFO PlaybookJanuary 5, 2025January 5, 2025

The financial profession is undergoing a seismic shift. The age-old notions of bookkeeping and audit trails have given way to a dynamic era where finance leaders are pivotal in shaping…

Western Union and PostBank Uganda Revolutionize International Money Transfers with Wendi Mobile Wallet

by Brian EmorutBanking & InsuranceCompany NewsFinanceICTDecember 24, 2024December 24, 2024

Western Union and Postbank Uganda have today launched international money transfers in the Wendi mobile wallet. The co-branded digital service will empower customers in Uganda to send and receive funds…

How a dfcu GROW Loan transformed a Hoima farmer’s business and livelihood

by Brian EmorutCompany NewsFinanceNews & AnalysisWomen in BusinessDecember 13, 2024December 13, 2024

Ruth Ajuna is living proof of how determination and access to the right financial support can transform lives. A farmer and entrepreneur from Hoima District, Ruth has cultivated a thriving…

dfcu Bank partners with UWEAL for the Annual Women Business Leadership Conference 2024

by Brian EmorutCompany NewsFinanceNews & AnalysisWomen in BusinessDecember 13, 2024December 13, 2024

dfcu Bank partnered with the Uganda Women Entrepreneurs Association Limited (UWEAL) to empower and recognize the achievements of women entrepreneurs at the Annual Women Business Leadership Conference 2024 and Award…

NCBA Bank Rwanda Appoints Maurice Toroitich as Managing Director

by Brian EmorutBanking & InsuranceFinanceThe Big StoryDecember 10, 2024December 10, 2024

NCBA Bank Rwanda has announced the appointment of Maurice Toroitich as its Managing Director. The appointment brings to the helm a veteran of the banking industry, whose leadership spans nearly…

Legitimate Money Lenders Secure Uganda’s Financial Future This Christmas

by Brian EmorutFinanceNews & AnalysisDecember 4, 2024December 6, 2024

Legitimate Money Lenders have urged the government to closely monitor economic activity during the Christmas season while re-opening dialogue on lending rates. Through the Money Lenders Association of Uganda (MLAU),…

I&M Bank Offers Loan Repayment Holiday to Customers This Festive Season

by Brian EmorutBanking & InsuranceCompany NewsFinanceNews & AnalysisThe Big StoryDecember 3, 2024December 3, 2024

I&M Bank Uganda is extending a festive season gift to its customers with a loan repayment holiday, providing much-needed financial relief during the Christmas season and the back-to-school period. The…