Housing Finance Bank eases back-to-school expenses with tailored financial solutions
Housing Finance Bank eases back-to-school expenses with tailored financial solutions KAMPALA – As the new school term approaches, Housing Finance Bank is providing timely support to parents, guardians, and school administrators with customized financial solutions designed to alleviate the financial strain of the back-to-school season....
Citi Bank Uganda: Profitable but Shrinking – Can Sarah Arapta Reverse the Slide as Her 10-Year Milestone Approaches? Citibank Uganda has delivered another year of strong profit, closing 2024 as the sixth most profitable bank in the country. Yet beneath the surface of stability, cracks are widening. With customer deposits falling for two consecutive years and lending volumes shrinking, Citi’s core banking business is losing ground. As CEO Sarah Arapta approaches her 10-year milestone in January 2026, she faces a defining challenge: can she reignite growth and restore Citi’s competitive edge, or will the bank continue its quiet retreat from Uganda’s top-tier league?
The Big Story Citi Bank Uganda: Profitable but Shrinking – Can Sarah Arapta Reverse the Slide as Her 10-Year Milestone Approaches?Citibank Uganda has delivered another year of strong profit, closing 2024 as the sixth most profitable bank in the country. Yet beneath the surface of...
Uganda’s growing appetite for cashless convenience
Uganda’s growing appetite for cashless convenience Most everyday transactions in Uganda are made using cashless payment methods, accounting for 80% of informal sector transactions. The country is actively embracing mobile and cashless payments, which can be attributed to several driving factors ranging from convenience and...
Board Governance and Succession in East Africa: A Conversation with LEAD CEO Trevor Ariho
The Big StoryThought Leadership Board Governance and Succession in East Africa: A Conversation with LEAD CEO Trevor Ariho by Paul MurungiMay 26, 2025May 26, 2025 Share Tweet Pin it Share Email More Trevor Ariho, Chief Executive Officer of the League of East African Directors (LEAD)....
New WHO-AU partnership poised to firm up Africa’s health sovereignty
Share FacebookTwitterLinkedInPinterestEmail A new WHO-AU partnership seeks to strengthen health systems and advance universal health coverage across Africa. The agreement outlines five key focus areas, including disease prevention, maternal health, nutrition, emergency response, and digital innovation. This renewed collaboration aims to shift Africa from aid...
Veteran Banker Martin Mugisha Joins PostBank Board
Veteran Banker Martin Mugisha Joins PostBank Board KAMPALA, Uganda — Martin Mugisha has been appointed executive director of operations for PostBank Uganda, the bank announced. Mugisha previously served as the chief credit officer at PostBank. He brings more than two decades of banking experience from...
Africa is not the next frontier — it’s the blueprint: rethinking innovation on Africa Day
Share FacebookTwitterLinkedInPinterestEmail Africa is already setting the pace, through innovation born out of necessity, creativity rooted in culture, and progress driven by community, writes Yi He, Co-Founder of Binance. Innovation in Africa is tested daily against the pressures of currency instability, unreliable power, and low-trust...
Road contractors must deliver before new awards, Cabient directs
Road contractors must deliver before new awards, Cabient directs President Museveni flags off the rehabilitation of Kikorongo-Bwera-Mpondwe road in Kasese district on Saturday. Looking on are Dott Services officials and political leaders including Gen Wilson Mbadi (PHOTO/Courtesy) KAMPALA — Road contractors in Uganda must now...
All Eyes on Godfrey Sebaana as DTB Uganda’s Decade-Long Growth Trajectory Pauses in His First Year as CEO As the dust settles on DTB Uganda’s first year under Godfrey Ssebana’s leadership, the bank stands at a crossroads—anchored by its strong fundamentals yet battling fierce competition in the unforgiving top-10 league. The next 12 months will test whether Ssebana’s recalibration can transform DTB from a bank in retreat to a bank in resurgence. The clock is ticking.
Company NewsThe Big Story All Eyes on Godfrey Sebaana as DTB Uganda’s Decade-Long Growth Trajectory Pauses in His First Year as CEOAs the dust settles on DTB Uganda’s first year under Godfrey Ssebana’s leadership, the bank stands at a crossroads—anchored by its strong fundamentals yet...
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