Banking

Absa Bank Uganda Appoints Patricia Nshemereirwe as Chief Operating Officer

Absa Bank Uganda has officially appointed Patricia Nshemereirwe as its Chief Operating Officer, marking a significant addition to the bank's…

Uganda’s Currency Maintains Stability Despite Tight Liquidity

According to Absa, liquidity remained tight in the money markets, a condition attributed to the spillover effect of end-of-year tax…

UK Supreme Court Allows Crane Bank’s Lawsuit Against Dfcu Bank Shareholders to Proceed

The Supreme Court of the United Kingdom has refused to halt the lawsuit initiated by Crane Bank Limited against Dfcu…

Equity Group Announces Successful Merger of Cogebanque and Equity Bank Rwanda

Equity Group Holdings PLC has confirmed the completion of the merger between Cogebanque and Equity Bank Rwanda, effective December 31,…

Amuria Village Savings Group Empowers Members in Achieving Homeownership

The Amunokinos Women’s Development Savings Group in Apeduru sub-county in Amuria district is spearheading a unique initiative to encourage its…

KCB Bank Uganda Faces Cash Flow Strain Amid Parent Company’s Creditworthiness Decline

KCB Group, a major player in East Africa's banking sector, is encountering financial challenges as its creditworthiness is downgraded to…