Corporate Buzz

SWEET OR RAW DEAL? Absa Swallows Stanchart’s Loss Making ‘Retail & Wealth’ Unit — Customers, Workers Left in Panic!

A major banking bombshell has hit the financial streets of Kampala — Absa Bank Uganda has gobbled up the struggling…

1 day ago

Scandal Ridden KCB Fires 34 Staff Amid Surge In Mobile Banking Scams

The KCB Group has terminated the employment of 34 employees across its regional operations as part of a crackdown on…

2 days ago

End of an era for Coca-Cola in South Africa

Coca-Cola HBC AG will buy a majority stake in Coca-Cola Beverages Africa for $2.6 billion (R45 billion) to create the…

3 days ago

HUGE MILESTONE! Centenary Group Unveils New Commercial Complex in Mbale City

Centenary Group has opened a state-of-the-art commercial complex, the Centenary Group House in Mbale City, marking a significant milestone in…

6 days ago

MASSIVE! Centenary Bank Joins thousands at the 2025 Kampala City Festival

Centenary Bank, Uganda’s leading microfinance bank, joined thousands of Kampala residents to celebrate the Kampala City Festival 2025 on 12th…

1 week ago

BUSTED! UBL Slapped with Shs2.5 Billion Fine for Dirty Business Tricks, Deals

The Comesa Competition Commission has fined global beverages giant Diageo $750,000 (Shs2.5b) for engaging in anti-competitive business practices across Uganda,…

1 week ago

TOUGH TIMES! Stanbic Plots to Rescue Struggling NCBA in Sh1.1 Trillion Buyout

Standard Bank Group’s Kenyan unit, Stanbic Holdings Plc, is in talks to acquire NCBA Group Plc in a transaction that…

2 weeks ago

WHOPPER TERRORIST! KCB Bank Official Raids Rival Bank, bonks, balloons sexy female junior staff, customers

One of the officials at KCB bank's top management is embroiled in a blistering sex scandal with female employees and…

2 weeks ago

CYBER ATTACK ALERT! Hackers Target NSSF, System Shutdown Sparks Panic

Clients of the National Social Security Fund (NSSF) who use the Employer Portal will have to wait longer after the…

2 weeks ago

Centenary Bank Hands Over Homes to Vulnerable Elderly in Jinja

Centenary Bank, in partnership with the Ministry of Gender, Labour and Social Development on September 30, handed over two newly…

2 weeks ago