Business
Shaping the Future: How Dr. Eugenia Kula is Driving Transformation and Gender Equality
…From Boardrooms to Communities: Dr. Eugenia Kula’s Legacy of Change
Dr. Eugenia Kula (DBL, MBA, M. Inst. D) is an exceptional leader whose work has left an indelible mark on South Africa and beyond. As a strategist, board director, HR expert, and transformation pioneer, Dr. Kula has dedicated her career to championing meaningful change, driving gender empowerment, and fostering growth through innovative projects. Her contributions span various sectors, earning her accolades and recognition both locally and globally.
A Trailblazer in Transformation and Governance
With a Doctorate in Business Leadership (DBL) and an MBA in Entrepreneurship and Strategy (graduating with merit from Oxford Brookes Business School in the UK), Dr. Kula’s expertise lies in crafting and implementing transformative frameworks. She is credited with developing a groundbreaking framework to prepare directors for board service, marking her as a thought leader in governance. Her contributions to HR, labor relations, strategy, and transformation have made her an influential figure in South Africa and internationally.
Groundbreaking Projects and Achievements
Dr. Kula has spearheaded numerous innovative initiatives that have driven transformation across sectors. Some of her most impactful contributions include:
Cricket for Social Justice and Nation Building (#SJN):
As Chair of Transformation at Cricket South Africa (CSA) in 2020, Dr. Kula conceptualized the Cricket for Social Justice initiative. Within 35 days, she established the Office of the Transformation Ombudsman, a global first for any sporting federation. This initiative aimed to address inequality in cricket and ensure inclusivity.
The Property Practitioners Act:
In 2017-2018, as Chair of Transformation at the Estate Agency Affairs Board (EAAB), Dr. Kula authored Chapter 4 of the Property Practitioners Act 22 of 2019. The act includes a dedicated transformation chapter and established the Transformation Fund. She secured a R50 million injection for the fund within just one month of the act’s enactment.
BWOSA – Black Women-Owned Social Enterprises:
In 2012, Dr. Kula founded BWOSA, a social enterprise committed to empowering and positioning black women entrepreneurs. Through BWOSA, numerous women have gained access to shareholding opportunities, overseas training, and board directorships, fostering economic inclusion and growth.
Board Directorship Training:
In 2013, during her tenure as BUSA Chair TransCom, Dr. Kula advocated for and secured training for 24 women and one man in board directorship through a partnership with the Institute of Directors in South Africa (IoDSA).
Africa Growth Strategy for Eskom:
Dr. Kula played a pivotal role in developing Eskom’s Africa growth strategy, driving the Intra-Africa Trade agenda for over a decade. Her contributions have supported economic collaboration and development across 10 African countries.
International Opportunities for Youth:
In 2001, Dr. Kula secured scholarships for three township youths to study film production in Los Angeles, USA, opening doors to international opportunities.
Recognition and Awards
Dr. Kula’s outstanding contributions have earned her numerous accolades, including:
Eskom Recognition Award for her HR strategy contributions during the 2010 FIFA World Cup.
Award for International Recruitment Strategy (2011).
Award for Africa Growth Strategy (2014) for pioneering transformation initiatives across 10 African countries.
Serving as a judge for the inaugural South African Premier Business Awards in 2013.
A Global Citizen Driving Change
Dr. Kula’s influence extends beyond South Africa. Having traveled to over 50 countries, including 22 in Africa, she has championed transformation, gender empowerment, and intra-Africa trade. Her strategic vision and commitment to social justice continue to inspire and uplift communities worldwide.
A Legacy of Empowerment
Dr. Eugenia Kula’s legacy is one of empowerment, innovation, and transformation. Her unwavering dedication to social justice and economic inclusion has transformed lives, created opportunities, and paved the way for future generations to thrive. A true trailblazer, Dr. Kula remains an inspiration to all who strive for meaningful change.
Business
Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend
Nigeria’s headline inflation rate declined to 15.10 per cent in January 2026, marking a significant drop from 27.61 per cent recorded in January 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics.
The report also showed that month-on-month inflation recorded a deflationary trend of –2.88 per cent, representing a 3.42 percentage-point decrease compared to December 2025. Analysts say the development signals easing price pressures across key sectors of the economy.
Food inflation stood at 8.89 per cent year-on-year, down from 29.63 per cent in January 2025. On a month-on-month basis, food prices declined by 6.02 per cent, reflecting lower costs in several staple commodities.
The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.
The administration of President Bola Ahmed Tinubu has consistently attributed recent economic adjustments to ongoing fiscal and monetary reforms aimed at stabilising prices, boosting agricultural output, and strengthening domestic supply chains.
Economic analysts note that while the latest figures indicate progress, sustaining the downward trend will depend on continued policy discipline, exchange rate stability, and improvements in food production and distribution.
The January report provides one of the clearest indications yet that inflationary pressures, which surged in early 2025, may be moderating.
Bank
Alpha Morgan to Host 19th Economic Review Webinar
Alpha Morgan to Host 19th Economic Review Webinar
In an economy shaped by constant shifts, the edge often belongs to those with the right information.
On Wednesday, February 25, 2026, Alpha Morgan Bank will host the 19th edition of its Economic Review Webinar, a high-level thought leadership session designed to equip businesses, investors, and individuals with timely financial and economic insight.
The session, which will hold live on Zoom at 10:00am WAT and will feature economist Bismarck Rewane, who will examine the key signals influencing Nigeria’s economic direction in 2026, including policy trends, market movements, and global developments shaping the local landscape.
With a consistent track record of delivering clarity in uncertain times, the Alpha Morgan Economic Review continues to provide practical context for decision-making in a dynamic environment.
Registration for the 19th Alpha Morgan Economic Review is free and can be completed via https://bit.ly/registeramerseries19
It is a bi-monthly platform that is open to the public and is held virtually.
Visit www.alphamorganbank to know more.
Business
GTBank Launches Quick Airtime Loan at 2.95%
GTBank Launches Quick Airtime Loan at 2.95%
Guaranty Trust Bank Ltd (GTBank), the flagship banking franchise of GTCO Plc, Africa’s leading financial services group, today announced the launch of Quick Airtime Loan, an innovative digital solution that gives customers instant access to airtime when they run out of call credit and have limited funds in their bank accounts, ensuring customers can stay connected when it matters most.
In today’s always-on world, running out of airtime is more than a minor inconvenience. It can mean missed opportunities, disrupted plans, and lost connections, often at the very moment when funds are tight, and options are limited. Quick Airtime Loan was created to solve this problem, offering customers instant access to airtime on credit, directly from their bank. With Quick Airtime Loan, eligible GTBank customers can access from ₦100 and up to ₦10,000 by dialing *737*90#. Available across all major mobile networks in Nigeria, the service will soon expand to include data loans, further strengthening its proposition as a reliable on-demand platform.
For years, the airtime credit market has been dominated by Telcos, where charges for this service are at 15%. GTBank is now changing the narrative by offering a customer-centric, bank-led digital alternative priced at 2.95%. Built on transparency, convenience and affordability, Quick Airtime Loan has the potential to broaden access to airtime, deliver meaningful cost savings for millions of Nigerians, and redefine how financial services show up in everyday life, not just in banking moments.
Commenting on the product launch, Miriam Olusanya, Managing Director of Guaranty Trust Bank Ltd, said: “Quick Airtime Loan reflects GTBank’s continued focus on delivering digital solutions that are relevant, accessible, and built around real customer needs. The solution underscores the power of a connected financial ecosystem, combining GTBank’s digital reach and lending expertise with the capabilities of HabariPay to deliver a smooth, end-to-end experience. By leveraging unique strengths across the Group, we are able to accelerate innovation, strengthen execution, and deliver a more integrated customer experience across all our service channels.”
Importantly, Quick Airtime Loan highlights GTCO’s evolution as a fully diversified financial services group. Leveraging HabariPay’s Squad, the solution reinforces the Group’s ecosystem proposition by bringing together banking, payment technology, and digital channels to deliver intuitive, one-stop experiences for customers.
With this new product launch, Guaranty Trust Bank is extending its legacy of pioneering digital-first solutions that have redefined customer access to financial services across the industry, building on the proven strength of its widely adopted QuickCredit offering and the convenience of the Bank’s iconic *737# USSD Banking platform.
About Guaranty Trust Bank
Guaranty Trust Bank (GTBank) is the flagship banking franchise of GTCO Plc, a leading financial services group with a strong presence across Africa and the United Kingdom. The Bank is widely recognized for its leadership in digital banking, customer experience, and innovative financial solutions that deliver value to individuals, businesses, and communities.
About HabariPay
HabariPay is the payments fintech subsidiary of GTCO Plc, focused on enabling fast, secure, and accessible digital payments for individuals and businesses. By integrating payments and digital technology, HabariPay supports innovative services that make everyday financial interactions simpler and more seamless.
Enquiries:
GTCO
Group Corporate Communication
[email protected]
+234-1-2715227
www.gtcoplc.com
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