KCB Bank Uganda Limited
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KCB Bank Uganda Limited
KCB Bank Uganda Limited, also KCB Bank Uganda, is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator. Location Te headquarters of KCB Bank Uganda are located at Commercial Plaza Complex, 7 Kampala Road, in the central business district of Kampala, Uganda's capital city. The geographical coordinates of the bank's headquarters are: 0°18'46.0"N, 32°35'12.0"E (Latitude:0.312778; Longitude:32.586667). Overview KCB Bank Uganda focuses on meeting the banking needs of individuals, corporate entities and small to medium enterprises. As of 31 December 2018, KCB Uganda had assets of KES:18.77 billion (US$176 million). Kenya Commercial Bank Group Kenya Commercial Bank Uganda is a wholly owned subsidiary of the KCB Group, a financial services conglomerate, headquartered in Nairobi, Kenya, with subsidiaries in Kenya, Tanzania, Rwanda, South Sudan, Burundi and Uganda, with a representative office in Ethiopia. The shares of s ...
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KCB Group
KCB Group Limited, also known as the KCB Group, is a financial services holding company based in the African Great Lakes region. The Group's headquarters are in Nairobi, Kenya, with its subsidiaries being KCB Bank Kenya Limited, KCB Bank Burundi Limited, KCB Bank Rwanda Limited, KCB Bank South Sudan Limited, KCB Bank Tanzania Limited, KCB TMB Congo and KCB Bank Uganda Limited. Overview As of December 2017, the Group had assets of US$6.47 Billion (KSh:646.7 Billion) with shareholders' equity of US$1.06 Billion (KSh:US$105.97 billion). In July 2015, news media reported that the group was pursuing expansion plans into the Democratic Republic of the Congo, Ethiopia, and Mozambique. History The history of Kenya Commercial Bank Limited dates back to July 1896, when its predecessor, the National Bank of India (NBI), opened a branch in Mombasa to handle the business that the port was attracting at that time. In 1958, Grindlays Bank merged with the NBI to form the National and Grin ...
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Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ...
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Lira, Uganda
Lira is a city in the Northern Region, Uganda, Northern Region of Uganda. It is the main municipal, administrative, and commercial centre of Lira District. History Lira was one of the last towns in Uganda held by loyalists of Idi Amin during the Uganda–Tanzania War (1978–1979). A force consisting of the Tanzania People's Defence Force's 201st Brigade and the Uganda National Liberation Front's Kikosi Maalum attacked Lira on 15 May 1979, ousting the Amin loyalists after a Battle of Lira, short battle. The clash at Lira was the last important battle of the Uganda–Tanzania War, as the remnants of Amin's army completely disintegrated thereafter. Location Lira is approximately , by road, southeast of Gulu, the largest city in the Northern Region of Uganda, along the highway between Gulu and Mbale. This is approximately northwest of Soroti, the nearest city to the south. Lira City is located approximately , by road, north of the city of Kampala, the capital and largest city in ...
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Gulu
Gulu is a city in the Northern Region of Uganda. It is the commercial and administrative centre of Gulu District. The coordinates of the city of Gulu are 2°46'54.0"N 32°17'57.0"E. The distance from Gulu to Kampala, Uganda's capital and largest city, is approximately by road. Gulu is served by Gulu Airport. History During the British Bagool rule in the 18th and 19th centuries, northern Uganda was less developed compared to the rest of the country. The people were conscripted into the army and the police. Many were sent to fight in the first and second World Wars. In the 1960s, many Sudanese, Rwandese, and Congolese refugees settled in the city. The Lord's Resistance Army (LRA) under the leadership of Joseph Kony sprang up in the 1990s after Auma/Lakwena went to Kenya. The LRA became increasingly violent in Gulu and surrounding communities. Up to 15,000 children, known as "night commuters", were fleeing into the city for safety every evening. In 1996, the Ugandan government ...
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Arua
Arua is a city and commercial centre within the Arua District in the Northern Region of Uganda. Location Arua is approximately , by road, north-west of Kampala, the capital and largest city of Uganda, Arua is about , by road, west of Gulu, the largest city in Uganda's Northern Region. The geographical coordinates of the city of Arua are 03°02'07.0"N, 30°54'39.0"E (Latitude:3.035278; Longitude:30.910833). Arua sits at an average elevation of above sea level. Arua is closely bordered to the Democratic Republic of Congo in the west and South Sudan in the north which makes it a strategic location for business between Uganda and her two neighbors to the west and north. Due to its strategic location, Arua is also part of the Refugee program of hosting up to 20% of refugees entering into Uganda, annually. Overview Arua is an important base for non-governmental organizations working in the West Nile sub-region or serving Western Equatoria in South Sudan and the northeastern Democ ...
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New Vision
The ''New Vision'' is a Ugandan English-language newspaper published daily in print form and online. Overview ''New Vision'' is one of two main national English-language newspapers in Uganda, the other being the ''Daily Monitor''. It is published by the Vision Group, which has its head office on First Street, in the Industrial Area of Kampala, Uganda's capital and largest city in that East African country. History It was established in its current form in 1986 by the Ugandan government. It was founded in 1955 as the ''Uganda Argus'', a British colonial government publication. Between 1962 and 1971, the first Obote government kept the name of its daily publication as ''Uganda Argus''. Following the rise to power of Idi Amin in 1971, the government paper was renamed ''Voice of Uganda''. When Amin was deposed in 1979, the second Obote government named its paper ''Uganda Times''. When the National Resistance Movement seized power in 1986, the name of the daily newspaper was chan ...
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The EastAfrican
''The EastAfrican'' is a weekly newspaper published in Kenya by the Nation Media Group, which also publishes Kenya's national '' Daily Nation''. The ''EastAfrican'' is circulated in Kenya and the other countries of the African Great Lakes The African Great Lakes ( sw, Maziwa Makuu; rw, Ibiyaga bigari) are a series of lakes constituting the part of the Rift Valley lakes in and around the East African Rift. They include Lake Victoria, the second-largest fresh water lake in th ... region, including Tanzania, Uganda and Rwanda. It contains stories and in-depth analysis from each country in the region, in addition to international stories. External links The ''EastAfrican'' Newspapers published in Kenya Nation Media Group Publications with year of establishment missing {{kenya-stub ...
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Stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classe ...
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The Standard (Kenya)
''The Standard'' is one of the largest newspapers in Kenya with a 48% market share. It is the oldest newspaper in the country and is owned by The Standard Group, which also runs the Kenya Television Network (KTN), Radio Maisha, ''The Nairobian'' (a weekly tabloid), KTN News and Standard Digital which is its online platform. The Standard Group is headquartered on Mombasa Road, Nairobi, having moved from its previous premises at the I&M Bank Tower. History The newspaper was established as the ''African Standard'' in 1902 as a weekly by Alibhai Mulla Jeevanjee, an immigrant businessman from British India. In 1905 Jeevanjee sold the paper to Maia Anderson and Rudolf Franz Mayer, who changed the name to the ''East African Standard''. It became a daily paper and moved its headquarters from Mombasa to Nairobi in 1910. At the time the newspaper declared strongly colonialist viewpoints. The British-based Lonrho Group bought the newspaper in 1963, only a few months before Kenya's indepen ...
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Ethiopia
Ethiopia, , om, Itiyoophiyaa, so, Itoobiya, ti, ኢትዮጵያ, Ítiyop'iya, aa, Itiyoppiya officially the Federal Democratic Republic of Ethiopia, is a landlocked country in the Horn of Africa. It shares borders with Eritrea to the north, Djibouti to the northeast, Somalia to the east and northeast, Kenya to the south, South Sudan to the west, and Sudan to the northwest. Ethiopia has a total area of . As of 2022, it is home to around 113.5 million inhabitants, making it the 13th-most populous country in the world and the 2nd-most populous in Africa after Nigeria. The national capital and largest city, Addis Ababa, lies several kilometres west of the East African Rift that splits the country into the African and Somali tectonic plates. Anatomically modern humans emerged from modern-day Ethiopia and set out to the Near East and elsewhere in the Middle Paleolithic period. Southwestern Ethiopia has been proposed as a possible homeland of the Afroasiatic langua ...
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Burundi
Burundi (, ), officially the Republic of Burundi ( rn, Repuburika y’Uburundi ; Swahili language, Swahili: ''Jamuhuri ya Burundi''; French language, French: ''République du Burundi'' ), is a landlocked country in the Great Rift Valley at the junction between the African Great Lakes region and East Africa. It is bordered by Rwanda to the north, Tanzania to the east and southeast, and the Democratic Republic of the Congo to the west; Lake Tanganyika lies along its southwestern border. The capital cities are Gitega and Bujumbura, the latter being the country's largest city. The Great Lakes Twa, Twa, Hutu and Tutsi peoples have lived in Burundi for at least 500 years. For more than 200 of those years, Burundi was an independent Kingdom of Burundi, kingdom, until the beginning of the 20th century, when it became a German colony. After the First World War and German Revolution of 1918–19, Germany's defeat, the League of Nations "mandated" the territory to Belgium. After the Secon ...
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South Sudan
South Sudan (; din, Paguot Thudän), officially the Republic of South Sudan ( din, Paankɔc Cuëny Thudän), is a landlocked country in East Africa. It is bordered by Ethiopia, Sudan, Central African Republic, Democratic Republic of the Congo, Uganda and Kenya. Its population was estimated as 12,778,250 in 2019. Juba is the capital and largest city. It gained independence from Sudan on 9 July 2011, making it the most recent sovereign state or country with widespread recognition as of 2022. It includes the vast swamp region of the Sudd, formed by the White Nile and known locally as the '' Bahr al Jabal'', meaning "Mountain River". Sudan was occupied by Egypt under the Muhammad Ali dynasty and was governed as an Anglo-Egyptian condominium until Sudanese independence in 1956. Following the First Sudanese Civil War, the Southern Sudan Autonomous Region was formed in 1972 and lasted until 1983. A second Sudanese civil war soon broke out in 1983 and ended in 2005 with the ...
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