Tag Archives: Times

Standard Bank Group’s Kenyan unit, Stanbic Holdings Plc, is in talks to acquire NCBA Group Plc in a transaction that would create Kenya’s third-largest lender with assets of about KSh 1.1 trillion, according to people familiar with the matter, Bloomberg reports. Standard Bank Group, Africa’s largest bank by assets and owns 75% of Stanbic Holdings Plc, has previously said it …

Kampala – Diamond Trust Bank (DTB) is embarking on a major shake-up of its regional operations, announcing the sale of its 83.67% stake in DTB Burundi to a consortium of local investors led by the bank’s existing minority shareholder. The deal, signed under a conditional sale and purchase agreement, is pending approvals from the Central Bank of Kenya (CBK), the …

National Unity Platform (NUP) leader Robert Kyagulanyi Ssentamu, popularly known as Bobi Wine, has urged Ugandans not to lose hope in the struggle for democratic change, even in the face of violence, intimidation, and repression. His remarks came in a fiery post-nomination speech on Wednesday after he was officially cleared to run in the 2026 presidential elections. Kyagulanyi, who was …