Valuable insights into credit financing to the informal sector as told by a man who has leased out 30,000 motorcycles, boat engines, cars, tractors and fridges to people previously thought to be too poor to afford them

by Muhereza KyamuteteraCompany NewsFinanceIndustry & AnalysisQ + AsThe Big StoryNovember 23, 2022November 23, 2022

From the look of things- it appears the pandemic set the business back a couple of years- how would you describe the path to recovery?  It is fair to say…

Equity Bank Uganda makes further executive changes, appoints  Dorothy Kezia Asiimwe and Elizabeth Mwerinde Kasedde as Executive Directors  

by CEO ReporterCompany NewsFinanceWomen Fixing UgandaWomen in BusinessWomen In LeadershipNovember 22, 2022March 9, 2023

In further executive changes, Equity Bank Uganda has announced the appointment of Dorothy Keziah Asiimwe as Executive Director, Banking Operations and Elizabeth Mwerinde Kasedde as Executive Director, Public Sector and…

Samuel Kirubi, appointed Equity Group Chief Operating Officer

by Muhereza KyamuteteraCompany NewsFinanceThe Big StoryNovember 21, 2022November 21, 2022

Samuel Kirubi, the outgoing Managing Director of Equity Bank Uganda, has been promoted to the position of Group Group Chief Operating Officer (GCOO). He has been replaced by Anthony Kituuka,…

Equity Bank Appoints Anthony Kituuka, Managing Director for Uganda

by Muhereza KyamuteteraCEOsCompany NewsFinanceThe Big StoryNovember 21, 2022November 21, 2022

Anthony Kituuka, 47, has been appointed the Managing Director, of Equity Bank Uganda, pending approval by the Bank of Uganda, the financial services regulator. An aggressively passionate and hands-on banker,…

November 11 – November 18, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinanceNews & AnalysisNovember 18, 2022November 30, 2022

The shilling traded flat on the back of thin import appetite underpinned by low business activity. Supply was boosted by cyclical remittances. The unit held at 3740/50. In the neighboring…

Centenary Group scoops awards at the 2022 Financial Reporting Awards 

by The CEO Magazine TeamCompany NewsFinanceFintechsNovember 14, 2022November 14, 2022

Centenary Group was awarded as the winner in the Banking Services category of the 2022 Financial Reporting Awards (FIRE). The Group also came third in the Excellence in Integrated Reporting…

Centenary Bank named Uganda’s Best Retail Bank in the 2022 Global Banking and Finance Awards

by Muhereza KyamuteteraCompany NewsFinanceIndustry & AnalysisThe Big StoryNovember 13, 2022November 13, 2022

Centenary Bank, Uganda’s second-largest bank, by deposits, lending, assets and profitability, has been named Uganda’s Best Retail Bank 2022 in the just-announced Global Banking and Finance Awards. Ran by the…

November 4 – November 11, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinanceNews & AnalysisNovember 11, 2022November 11, 2022

The Uganda shilling continued to beat expectations and maintained a bullish stance supported by remittances and charities. The unit threatened to break lower the support level of 3750. In the…

October 28 – November 4, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinanceNews & AnalysisNovember 4, 2022November 4, 2022

The Uganda shilling reversed course and slightly strengthened as end month flows gave support amid subdued demand. The unit traded below the 3800 level for the first time in months….

October 7 – October 14, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinanceNews & AnalysisOctober 14, 2022October 14, 2022

The Uganda shilling surrendered its previous gains on revived demand by local firms for imports amid the dollar supply dearth. The unit traded at 3830/40. In other peer markets most…