Finance Archives – Page 22 of 66

EXCLUSIVE: Ecobank taps Stanbic’s Grace Muliisa as its Uganda Managing Director

by Muhereza KyamuteteraCompany News Finance The Big Story Women In LeadershipAugust 26, 2021August 26, 2021

Grace Muliisa, the former Head Personal and Business Banking at Stanbic Bank, since July 2020, has been appointed the Managing Director for Ecobank Uganda Limited, CEO East Africa Magazine can exclusively reveal.On approval by the Central Bank, Grace is set to replace Mrs Annette Kihuguru, the bank’s long-serving Executive Director,…

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Agriculture, Manufacturing; best performers in products offered by UDB for July 2020 – July 2021

by CEO ReporterCompany News Finance News & AnalysisAugust 23, 2021August 23, 2021

Uganda’s agriculture sector, both agro-industry and primary agriculture as well as manufacturing have emerged as the leaders in performance of the products offered by the Uganda Development Bank (UDB) according to a statement issued recently.The Bank released a mid-year update covering the period July-2020-July 2021. In total UDB approved loans…

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August 13 – August 20, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinance Industry & AnalysisAugust 20, 2021August 20, 2021

The local unit was relatively stable with a bit of interbank demand that emerged well managed by the available supply in the market as players squared off. Trading held in the range of 3525/35.In the fixed income market, the record demand at the weekly sale of government securities indicate that…

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BAT Uganda posts modest half year profit, decries sustained increase in illicit trade of tax-evaded cigarettes

by CEO ReporterCompany News Finance News & AnalysisAugust 13, 2021August 13, 2021

British American Tobacco Uganda (BATU) Limited has said the first half of the year was characterised by a challenging operating environment occasioned by the Covid-19 pandemic as well illicit trade of tax-evaded cigarettes. “The COVID-19 pandemic continued to adversely impact the business due to restrictions and the general decline of consumer…

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August 6 – August 13, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinance News & AnalysisAugust 13, 2021August 13, 2021

The Uganda Shilling was slightly firmer on account of subdued demand from the main players in the market. Trading held in a narrow range of 3525/35.In the fixed income market, governments bonds were relatively stable with the yield on 15 year bond dropping 9 basis points to 14.400% as some…

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Q&A: Everything you need to know about buying insurance from PostBank Uganda

by CEO ReporterCompany News Finance The Big Story Thought LeadershipAugust 10, 2021August 10, 2021

When did PostBank Uganda launch Bancassurance on the product portfolio and how has it changed the bank’s fortunes?PostBank was licensed to transact Bancassurance as an agency for partner insurance companies in the last quarter of 2018 after meeting all the requirements of both regulators – Insurance Regulatory Authority (IRA) and…

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July 30 – August 6, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinanceAugust 6, 2021August 6, 2021

The shilling was a touch stronger at the close of the week, well supported by sufficient flows that kept demand in check. Major players quoted the shilling at 3540/50.In the fixed income space, the high liquidity levels in the market kept a lid on yields as commercial banks continued to…

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Stanbic Holdings reports UGX155 bn in H1 2021 net profit, backed by innovative credit expansion to pandemic-hit economy

by Muhereza KyamuteteraCompany News Finance Industry & Analysis The Big StoryAugust 6, 2021August 6, 2021

Stanbic Uganda Holdings Limited (SUHL), a member of the Standard Bank Group, has today released its H1 2021 results, reporting powerful performance across all business fundamentals, compared to the same period in 2020.According to results released, today, Friday, August 6, 2021, customer deposits increased to UGX5.7 trillion in June 2021…

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July 23 – July 30, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinanceJuly 30, 2021July 30, 2021

The shilling was slightly firmer for the good part of the week as seasonal end month flows mainly from commodities exporters and remittances offered support. However towards the end of the week, the unit slipped a touch on some pockets of demand. Trading was in the range of 3545/55 compared…

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I&M Holdings taps Suleiman I. Kiggundu Jr; Bhartesh Shah and Allan Christopher Michael Low for board positions at Orient Bank, its latest acquisition in Uganda

by Muhereza KyamuteteraCompany News Finance Industry & Analysis News & Analysis The Big StoryJuly 28, 2021July 28, 2021

Orient Bank Limited, has announced the appointment of three members to its Board of Directors.The new members joining are Mr. Suleiman I. Kiggundu, Jr who now becomes an Independent Non-Executive Chairman; Mr. Bhartesh Shah and Mr. Allan Christopher Michael Low, both Non-Executive Directors.Kiggundu replaces Mr. Michael Cook who has served…

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Finance

Climate change and monetary policy: A tough conversation with African central bankers

Stanbic Bank rolls out new Campaign to ease credit access for women and youth

Uganda’s oil projects hit by delays, funding shortfalls – Auditor General says

Tough times for Uganda as President Trump suspends US foreign aid for three months, cuts WHO and climate funding

I&M Bank partners with A Pass for maiden concert and celebration of 10-year music journey

EXCLUSIVE: Ecobank taps Stanbic’s Grace Muliisa as its Uganda Managing Director

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Agriculture, Manufacturing; best performers in products offered by UDB for July 2020 – July 2021

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August 13 – August 20, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

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BAT Uganda posts modest half year profit, decries sustained increase in illicit trade of tax-evaded cigarettes

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August 6 – August 13, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

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Q&A: Everything you need to know about buying insurance from PostBank Uganda

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July 30 – August 6, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

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Stanbic Holdings reports UGX155 bn in H1 2021 net profit, backed by innovative credit expansion to pandemic-hit economy

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July 23 – July 30, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

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I&M Holdings taps Suleiman I. Kiggundu Jr; Bhartesh Shah and Allan Christopher Michael Low for board positions at Orient Bank, its latest acquisition in Uganda

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