UBA Zambia calls on public to become shareholders

By BUUMBA CHIMBULU

THE United Bank for Africa (UBA) Zambia has called on the public to become part of its growth story by investing in the institution through shareholding.
The call comes as UBA Zambia seeks to broaden its shareholder base while reinforcing its commitment to financial transparency and excellence.
Speaking during a media training on financial reporting in Lusaka, UBA Zambia Managing Director Chinedu Obeta highlighted the bank’s strong investor base and long-standing presence across Africa.
The training was designed to equip journalists with the knowledge and skills necessary to interpret financial data, analyse economic trends, and ask critical questions, thereby fostering transparency and accountability.
“UBA is an institution owned by many shareholders and supported by strong investors,” Mr Obeta said. “We welcome anyone who wants to join us, whether as a shareholder or an investor, to benefit from the growth of the African banking sector.”
Established in 1992 and described metaphorically as a “metal band for Africa” for its resilience and unity, UBA has expanded steadily, even navigating global challenges such as the pandemic.
The bank opened its first subsidiary outside Africa in 1984 and remains the only African-owned bank operating across multiple African markets.
“Investing in UBA is an opportunity to be part of a reputable, well-regulated institution that has grown over decades and maintains strong relationships with financial institutions across Africa,” Mr Obeta added.
Investors and the public are encouraged to explore opportunities to buy shares and participate in the continued growth of one of Africa’s leading banks.
MISA Zambia board chairperson Lorraine Mwanza Chisanga highlighted the growing complexity of the financial landscape, noting that journalists played a crucial role in unpacking, interpreting, and communicating financial information accurately to the public.
“As media professionals, we are tasked not only with informing the public but also empowering citizens to understand how financial policies, markets, and economic decisions affect their daily lives,” Ms Chisanga said.
She said UBA’s partnership in this initiative underscored its commitment to supporting informed and sustainable development.
She added that by investing in journalists’ capacity to report on economic issues effectively, the bank is helping bridge the gap between complex financial language and public understanding.
“This program is a clear demonstration of UBA’s dedication to empowering journalists, supporting informed decision-making, and promoting sustainable growth,” Ms Chisanga said.