In time for the new academic term, dfcu Bank has officially handed over a refurbished Nakivubo Blue Primary School to KCCA. The handover was made at the school premises and presided over by KCCA’s Acting Director Education & Social Services Mr. Ambrose Atwoko on Friday morning. The handover of
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Ecobank Uganda on Tuesday joined its parent Group in reaffirming its commitment to help save the planet by supporting World Environment Day celebrated every June5. Led by Managing Director, Clement Dodoo, Ecobank Uganda staff and management planted trees at Nkonkonjeru Primary school in Mbale, a region that has been affected
Read MoreEcobank Uganda has revealed plans aimed at making it rank among the top five banks in Uganda in the next three to five years. The remarks were made by Clement Dodoo, the Ecobank Uganda Managing Director during the launch of Ecobank Emerald Business Club on Friday. “2018 is unique for
Read MoreKenyan authorities will investigate 10 financial institutions suspected of handling funds that were stolen from the government’s National Youth Service (NYS), the director of criminal investigations confirmed on Thursday. The Daily Nation named nine commercial banks and a financial co-operative society as the institutions that police and the central bank
Read Moredfcu Bank customers can now access medical insurance, life insurance, funeral and related expenses insurance and so much more by simply having specific accounts with the Bank. This was revealed this morning at a Bancassurance dialogue organized by dfcu under the theme, “Securing a sustainable legacy.” With the penetration
Read MoreYouth Group Petitions Rugunda Over FIA’s Failure To Investigate Bagyenda’s ‘Illicit’ Wealth
A youth advocacy group has petitioned Prime Minister, Ruhakana Rugunda, urging him to rein in on Financial Intelligence Authority (FIA) after it allegedly discarded public outcry to investigate Justine Bagyenda’s ‘illicit’ wealth. Bagyenda is a former Bank of Uganda (BoU) Executive Director in charge of Supervision. In a letter dated
Read MoreEAC’s Highest Paid CEO: Kenya’s Cooperative Bank Boss Gideon Muriuki Earns Shs37M Daily
Gideon Muriuki, the Chief Executive of Kenya based Cooperative (Co-op) Bank, has emerged as the best paid executive among his peers leading public listed companies, reports the Business Daily. He is potentially the highest paid CEO especially of listed companies in East Africa. Co-op Bank says in its annual report
Read MoreEcobank has won two major awards at the African Banker’s prestigious ceremony held at the Paradise Hotel in Busan, South Korea. The bank was named Best Retail Bank in Africa after impressing judges with the strides it has made to leverage digital financial services and an enhanced service model, to
Read MoreThe Speaker of Ugandan Parliament, Rebecca Kadaga has revealed why she overruled her deputy Jacob Oulanyah to allow the Auditor General (AG), John Muwanga to audit the Bank of Uganda on the controversial closure of seven banks. “The Auditor General reported that for seventeen (17) years, there has been no
Read MoreBanking sector is one of the leading high paying jobs in East Africa. This is evidenced by earnings of CEOs of Kenyan banks. For example, National Bank of Kenya’s Chief Executive Wilfred Musau earned a total of KSh48 million (UShs1.77 billion) in the year ended December, representing an 80 per
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