High ATM Charges Blamed on Foreign Switch Providers

Ugandans are paying way too much to use their cards at different Automated Teller Machines with commercial banks blaming the issue of foreign switch providers and the cost of moving money. The switch service providers, including Visa, China Union Pay and MasterCard enable one to use an ATM that is not of their bank to access their cash. The interconnection…

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Anne Juuko Replaces Patrick Mweheire as Stanbic Bank CEO

Uganda’s Anne Juuko has been appointed by Stanbic Bank Uganda Board of Directors as the new company’s Chief Executive Officer (CEO) replacing Patrick Mweheire who has been appointed to serve as the Regional Chief Executive, Standard Bank Group. At the time of her appointment, Juuko has been working as the head of Corporate and Investment Banking at Standard Bank, Namibia…

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