2022 Financial Performance

Grace Muliisa leads Ecobank’s double-digit growth and a turnaround to profitability

by Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryWomen In LeadershipApril 28, 2023April 28, 2023

Ecobank Uganda, the Ugandan unit of the Ecobank Group has today published its 2022 results, reporting a marked double-digit turnaround on nearly all its key fundamentals.The bank also reported a…

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Financial Inclusion, Digital Advancement and Sustainable Banking⏤ Fabian Kasi explains Centenary Bank’s 2022 performance

by Fabian KasiCompany NewsNews & AnalysisThought LeadershipApril 23, 2023April 23, 2023

I am pleased to present Centenary Bank’s 2022 financial results. Despite a challenging operating environment, we were able to maintain stellar performance.During 2022 our operating environment was affected by the…

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Efficiency and growth in a tough operating environment⏤ an interview with Michael Segwaya, Absa Bank Uganda’s ED & CFO

by Muhereza KyamuteteraNews & AnalysisQ + AsThe Big StoryApril 21, 2023April 21, 2023

SMEs are the engine of the economy, yet they were probably some of the worst hit by the pandemic. How is Absa positioned to support SME full recovery and growth?At…

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Absa Bank Uganda⏤Empowering Uganda’s tomorrow, together…one story at a time  

by theceomaCEOsThought LeadershipApril 19, 2023April 19, 2023

In 2021, we looked forward to and planned for 2022 with a high degree of optimism as the COVID-19-induced lockdown approached its end. The reopening of the economy in January…

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HOW WE DID IT: Stanbic Bank’s Chief Executive, Anne Juuko explains the facts and impact underlying 2022 financial performance  

by Anne JuukoCompany NewsIndustry & AnalysisThought LeadershipMarch 29, 2023March 29, 2023

I am pleased with the bank’s robust performance in 2022, a year in which we registered notable progress in enabling the aspirations of our various stakeholders, including customers, shareholders, staff,…

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Stanbic Holdings rides on Stanbic Bank to post stellar 2022 performance

by Muhereza KyamuteteraFinanceIndustry & AnalysisThe Big StoryMarch 29, 2023March 29, 2023

Stanbic Holdings Uganda Limited has released its performance for 2022, reporting record-breaking growth across all parameters.SUHL is part of the Standard Bank Group, Africa’s largest Bank and is comprised of…

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RESILIENT AMIDST ILLICIT TRADE: BAT 2022 net profits decline by 4% to UGX9.9 billion

by Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryMarch 3, 2023March 3, 2023

AT Uganda has called upon the Government to ramp up efforts to curb illicit trade in cigarettes, which it says is impacting the sustainability of its business. In its 2022…

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