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    Bank of Baroda

    A photo collage of Bank of Baroda Managing Director Shashi Dhar, Quality Chemical Managing Director Ajay Kumar Pal, Stanbic Holdings Chief Executive Francis Karuhanga, Umeme Managing Director Selestino Babungi, and Airtel Uganda Managing Director Soumendra Sahu. The five companies delivered standout returns for the period between January and September 2025.

    Black Diamonds: Five Stocks that Beat Bonds and NSSF in Returns

    CEO East Africa MagazineThe Big StoryOctober 2, 2025October 10, 2025

    The stock market continues to deliver standout opportunities for investors. Five locally listed companies posted exceptional returns that outpaced both government bonds and the National Social Security Fund (NSSF). The…

    The Bank of Uganda report is a mixture of caution due to rising incidents of cyber fraud and a celebration of continued growth and resilience.

    Digital Credit Doubles, But So Do Cyber Risks: Uganda’s Banking Paradox

    CEO East Africa MagazineBanking & InsuranceIndustry & AnalysisThe Big StoryJuly 9, 2025July 9, 2025

    As Uganda’s economy gains momentum in its post-pandemic rebound, a quiet contradiction is taking shape in the financial sector. On the surface, there’s cause for celebration. Mobile money volumes are…

    BoU okays Bank of Baroda’s request to pay UGX25 billion dividend for 2020

    Nelson NambooleNews & AnalysisJune 22, 2022June 22, 2022

    Bank of Baroda (Uganda) Limited has announced that it will be paying its shareholders the final dividend for the year ended December 31st 2020 following receipt of the necessary regulatory…

    Meet Raj Kumar Meena; Bank of Baroda’s new Managing Director in Uganda

    Muhereza KyamuteteraFinanceThe Big StoryMay 17, 2020May 17, 2020

    Bank of Baroda, Uganda’s 6th largest bank, has a new Managing Director- Mr. Raj Kumar Meena. R.K Meena who joined the bank in April 2020 comes into Uganda with more…

    Ashwini Kumar consolidates year two at Baroda with a 48.7% profit jump

    Muhereza KyamuteteraCEOsCompany NewsFinanceApril 30, 2019April 30, 2019

    Shareholders of Bank of Baroda (USE: BOBU) will smile all the way to the bank following a 48.7% reported increase in net profit. According to results published last weekend, the…

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    Latest Stories

    • Meet Bowmans’ Lawyers Advising Diageo in its USD 2.3 Billion Sale of EABL to Japan’s Asahi Group
      by Muhereza Kyamutetera
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    • #WomenFixingUganda: Lessons from Dr. Winnie Tarinyeba Kiryabwire on Law, Leadership, Governance and Life
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    • Tight Rules, Big Money: Energy Ministry Restricts Gold Trade to Licensed Operators as Central Bank Enters a UGX 20 Trillion Market 
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    • Absa, ENS Africa, A&O Shearman and Nomura Advise Asahi Holdings on USD 2.3bn Acquisition of 65% Stake in EABL
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    • EABL’s East African footprint: A portfolio spanning Tusker and Guinness in Kenya, Nile and Bell in Uganda, and Serengeti and Konyagi in Tanzania, now offering Asahi immediate scale in a high-growth region, deep route-to-market access, and a platform to expand premium and global brands across East Africa.
      Everything You Need to Know About Diageo’s Sale of its 65% Stake in EABL to Japan’s Asahi Group
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    • Letter to My Younger Self: Camila Mindru—”Focus First. Be Brave. Lead With Heart.”
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