For years, Uganda’s digital lending sector has expanded at breathtaking speed, but without the underlying visibility required to support responsible growth. Borrowers have increasingly turned to mobile money as their...
There are years when an industry grows quietly, and then there are years when it changes character. For Uganda’s insurance industry, 2025 was unmistakably a change of character. Viewed from…
Paul Kavuma, the former Chief Executive Officer of Jubilee Allianz General Insurance Uganda, has announced his move to Liberty Uganda, where he takes up the role of Country Head of…
This festive season, Pearl Bank (formerly PostBank Uganda) reminded customers that banking can still feel human, warm, and personal, as it concluded its Christmas campaign dubbed “Pearl Santa.” The campaign…
Old Mutual Insurance Uganda, Uganda’s No.1 general insurer, has announced that its Managing Director and Chief Executive Officer, Stephen Chikovore, will step down from his role effective 31 January 2026.…
PostBank Uganda in partnership with the Uganda Blood Transfusion Services (UBTS) on Friday launched a countrywide blood donation campaign aimed at addressing the persistent blood shortage in health facilities in Uganda. The drive, officially kicked off at PostBank’s Head Office in Kampala, seeks to encourage Ugandans to donate blood and ensure that hospitals have adequate supplies to save lives. Similar initiatives will soon be rolled out in the Northern, Eastern, and Western regions where PostBank has a branch presence. During the launch, Julius Kakeeto, the Managing Director of PostBank Uganda said, “We all know that many people travel a lot…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
I&M Bank (Uganda) has been recognized as the Most Innovative Digital Bank Uganda and Best Private Bank in Uganda for the year 2024 by the Global Banking and Finance Review Awards. The Global Banking and Finance Review Awards also recognized other outstanding financial institutions in Uganda and across other regions globally. The recognition highlighted I&M Bank’s commitment to enhancing customer experience through cutting-edge digital solutions and exceptional banking services. The awards come at a time when I&M Bank demonstrated unique innovativeness in the digital space after rolling out a range of digital products aimed at providing customers with digital solutions…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Entrepreneurs have been advised that an important part of doing business is being compliant in regards to the relevant regulatory rules in place. Speaking during a panel discussion under the theme, ‘Compliance and why many Ugandan MSMEs fail to seize lucrative business opportunities,’ Catherine Poran, the Chief Executive of the Stanbic Business Incubator Limited said, “The first reason why most Ugandan businesses fail is failure to adhere to compliance. Most businesses are not compliant with the laws. When you are doing business, do it the right way. Compliance means that you are doing business the right way. And that is…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
The Citi Foundation has announced the 50 community organizations around the world that are set to each receive $500,000 (UGX 1.8 Billion) in catalytic funding as part of the 2024 Global Innovation Challenge. This year, Citi Foundation’s Global Innovation Challenge sought applications providing sustainable solutions to addressing homelessness. Habitat for Humanity was announced as the grant recipient in Uganda, at Citi’s 25th Anniversary celebration in Kampala, this evening, as part of their commitment to support and uplift the local community. The project will train youth on low-cost, innovative construction techniques to facilitate the increase in supply of affordable homes with…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Citi Uganda commemorated 25 years of operating in the country in an event attended by government, business, and industry leaders, including the Minister of State for General Duties, Honorable Henry Musasizi. Since opening its doors in Kampala in 1999, Citi has played a pivotal role in supporting the country’s economic development through transformative infrastructure project financing, business empowerment, and championing financial inclusion. “We know that our success is intertwined with the well-being and progress of Uganda,” remarked Ebru Pakcan, Middle East & Africa Cluster and Banking Head. “That’s why we have not only invested in the financial sector but also championed education, financial literacy,…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Empowering women is like watering the roots of a tree, it nourishes the entire community. This was one of dfcu Bank’s considerations when it started the dfcu Women in Business Program (WiB) in 2007. As the name suggests, Women in Business is intended to support women entrepreneurs by increasing access to the full range of the bank’s products, providing business advisory and credit at preferential rates. “Women in Business sets dfcu apart as the bank is specifically looking to empower women,” said Dr. Gudula Naiga Basaza, chairperson of the Bank’s Women Business Advisory Council. “dfcu has been a trailblazer in…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Against a backdrop of continued macroeconomic headwinds of high interest rates and volatile exchange rates across the markets that the Group operates in, Equity Group Holdings Plc (EGH) continues to demonstrate resilience, with regional businesses contributing 51% of profit before tax and 48% of total assets to reach Kshs.1.7 trillion as of 30th September 2024. The Group, which has been named the top financial brand in Africa and the 2nd strongest bank Brand in the world by Brand Finance and backed by its motto of ‘’Growing Together in Trust’’, has seen its deposit franchise grow 9% year-on-year to Kshs.1.3 trillion,…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
I&M Bank Uganda is making significant strides in digital banking with the launch of its Express Go Digital Account, designed to provide affordable and convenient banking solutions for its customers. The unveiling took place on November 7th at the bank’s headquarters located at Kingdom Kampala, introducing a unique account that is accessible exclusively through the I&M On-The-Go app. The Express Go account is tailored for modern banking needs, allowing for free bank-to-wallet transfers—ensuring seamless, and low-cost access to funds. During the launch event, I&M Bank CEO Robin Bairstow emphasized the bank’s commitment to enhancing the banking experience by providing easier,…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Muhawiyah Mukasa, a standout winner of the 2023 Best Farmers Competition, is redefining rabbit farming and dragon fruit cultivation in Uganda on his farm, Kapeeka Agro and Livestock Farm (KALF). Located in Kapeeka, the farm has risen as a beacon of innovation, youth entrepreneurship, and dedication to community empowerment. Initially focusing on rabbit farming, the farm has now grown to produce dragon fruit for export. This unique combination, alongside sustainable practices and inventive approaches, has positioned KALF as a trailblazer in Uganda’s agricultural landscape. The journey to success, however, was anything but simple. Early on, Muhawiyah encountered challenges common in…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Stanbic Bank Uganda has donated essential medical supplies and equipment valued at UGX 26 million to two health facilities in Nakaseke district. This initiative aims to strengthen maternal healthcare services in the district, reflecting the bank’s commitment to Corporate Social Investment (CSI) and also a continuous celebration of the October LO.V.E month. The donation was made to Butalangu Health Centre III and Wakyato Health Centre III, with essential items including patient monitors, delivery beds, Dopplers, Fetoscopes, instrument sets for delivery, blood pressure machines, medical refrigerators, Mama Kits, examination couches, and ultrasound machines. These contributions are expected to significantly enhance the…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
