Tag Archives: access

Africa’s so-called banking powerhouse, Nigeria’s Access Bank, is once again under the spotlight after another high-profile merger deal spectacularly collapsed—this time in South Africa. Barely months after Uganda’s Finance Trust Bank (FTB) was left gasping for air following a failed takeover promise, Access Bank has now walked away from a Sh625.4 billion agreement to acquire 100% of Bidvest Bank Holdings …

By Timothy Mugenyi I am reminded of an interaction I had within Nakivale refugee camp. We stopped by a Rolex stand and spoke with some young gentlemen deeply engrossed in a video whilst sharing a smartphone. When we asked if they knew about the internet hotspot recently set up in the area, with enthusiasm, they responded saying it is “Kyakabi!” …

The South African unit of one of Nigeria’s largest lenders, Access Bank, has seen an exodus of senior executives amid concerns of a lax compliance regime, with the group roping in its Nigerian executives to steady the ship and put the group on a growth path in Africa’s most industrialised economy. The group in December announced the imminent departure of …

From women’s banking dream to Tier II downgrade, today, RedPepper reveals the slow, painful unravelling of Finance Trust Bank. When the Bank of Uganda (BoU)quietly approved FTB’s transition from a Tier I commercial bank to a Tier II credit institution effective April 1, 2026, and went on to announce the decision publically in a notice issued Thursday, Jan. 29, it …

By Amos Tayebwa |Buhweju District Residents of Buhweju District have raised concern over poor market access for their agricultural and mineral products, blaming weak road infrastructure and what they describe as prolonged neglect by their political leaders. Buhweju County is known for producing waragi, gold, tea, coffee and matooke, but locals say the lack of reliable road networks has left …

By Alexander Luyima This morning, the NTV news crew was barred from entering Uganda’s Parliament, with their press accreditation withdrawn at the entrance. When asked for an explanation, security personnel reportedly said they had “instructions not to allow entry,” without providing any further details. Sources indicate that the move comes after Parliament’s leadership expressed anger over NTV’s recent reporting on …

Faced with transphobia in the country’s healthcare system, trans women in Cameroon looked across Africa for solutions to access Hormone Replacement Therapy. An informal network is adopting these interventions. When she was 21 years old, Chanelle Kouankep, a Cameroonian trans woman, was sent away from home by her father. Kouankep was forced to move in with a friend in an …