Tropical Bank Archives – CEO East Africa

EXCLUSIVE: Tropical Bank’s MD and ED placed under investigation by the Inspectorate of Government, over alleged mismanagement and conflict of interest

by The CEO Magazine TeamNews & Analysis The Big StoryOctober 20, 2023October 20, 2023

The Inspectorate of Government is investigating the Managing Director of Tropical Bank, Mr. Abdulaziz M.A. Mansur and the Ag. Executive Director, Mrs Joweria Mukalazi over what it says is “gross mismanagement and conflict of interest”, CEO East Africa Magazine, can exclusively reveal.Although majority-owned by the Libyan Foreign Bank (LFB) which…

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PEOPLE, MONEY & POWER: Uganda’s 45 Most Powerful and Influential People in Banking, 2019

by Muhereza KyamuteteraThe Big StoryNovember 17, 2019January 15, 2023

The total assets of Uganda’s financial services industry reached UGX.45.81 trillion, or 44.3 percent of Uganda’s GDP, as at end December 2018.The banking sector, dominated 69% of these assets, followed by Pension Funds at 22%, then Funds under Management (6%) and lastly the insurance sector at 3%, according to Bank…

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