Tag Archives: Tough

GOOD RIDDANCE? Tough Times as DTB, Ecobank Eye Exit from Ugandan Market

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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 …

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