East Africa contributes 20 banks to the African Top 100 Banks listings. Kenyan banks still dominate, making up 10 of the top 100 banks. The leader is Equity Bank, which is unchanged at 23rd in the ranking, with Tier 1 capital of $1.4bn and a healthy ROE of 20%. Second
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Members of Lalar Coffee and Poultry Cooperative Society Ltd from Nwoya District display their coffee harvests during an exhibition in Gulu City on October 10, 2024. The government has reechoed its efforts in promoting coffee growing in Northern Uganda as it aims to achieve its ambitious plans of producing 20
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Some of the Delegates from various organisations posse for a picture during the Workshop at Munyonyo Resort Hotel The Africa Regional Water, Sanitation, and Hygiene (WASH) Workshop is underway at the Munyonyo Resort Hotel, bringing together over 60 WASH experts from across Africa and representatives of the Red Cross and
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Efrance Kobusingye, the mother of Five Children Fifty-two year-old Efrance Kobusingye, a resident of Nyaruhanda in Kitagwenda District, has given birth to quintuplets after waiting 32 years for a child. The three girls and two boys were delivered via Cesarean section at Neo Care Clinic in Mbarara City, seven months
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Speaker Anita Among Parliament on Wednesday nearly passed a ghost bill on Kiswahili. Parliament discovered the ‘error’ in the bill after Denis Oguzu (Maracha County) issued a verbal notice, threatening to drag Parliament to Court if it proceeds with the passing of the National Kiswahili Council Bill 2024, upon discovering that the
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Tumubweine speaking about regulation of innovation The Executive Director, National Payments at the Bank of Uganda has called on regulators to go slow in their regulatory mandate especially on technology, to enable space for progress. Twinemanzi said strict regulation of any sector slows down progress and can end up being
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L-R: The new Maad McCann board members; Adris Kamuli, Joseph Lubaale, Annette Sebba, Marx Rukundo and Michael Kafeero Maad McCann has announced the appointment of Joseph A. Lubaaale Bagabo as the new Board Chairman and Marx Rukundo as a new Board Member. These appointments were confirmed at the recent shareholders’ meeting and
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By Macklean Kukundakwe, Marketing Manager at Uganda Baati Counterfeits in the construction industry pose a significant threat to consumers, local manufacturers, and the economy at large. These substandard products compromise the safety and integrity of structures, lead to financial losses, and undermine the credibility of genuine manufacturers. We have taken a
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Sophia Kihumuro, Head of Credit of FINCA Uganda. When people think about banks, they often envision large institutions managing significant sums of money, making investments, and safeguarding our savings. However, at the core of their operations, banks primarily focus on one specific type of risk: credit risk. What is
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Stakeholders engage in the dfcu NGO forum held at Sheraton Hotel dfcu Bank, one of Uganda’s leading financial institutions, has today hosted its annual NGO Forum at the Sheraton Hotel. Held under the theme "Adapting to Reduced Donor Funding: Strategies for NGOs to Sustain Local Impact and Relevance," the forum brought
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