As schools across Uganda reopen for the first term of the academic year, dfcu Bank has rolled out a nationwide back-to-school campaign aimed at easing the heavy financial burden that...
If ESG were a person, at Letshego Uganda, he/she would not be seated in a boardroom quoting frameworks. It would be on the road, on the phone, and occasionally on…
Eri Ssebowa is a seasoned finance and accounting professional with over nine years of progressive experience in strategic financial management, business partnering, financial reporting, and performance management across the banking,…
Following a reputational and financially bruising fraud scandal — in which the brewer estimates to have lost about UGX 9 billion — and the subsequent exit of its Heads of…
Kampala Associated Advocates (KAA) has been tapped to represent Stanbic Bank Uganda and its parent, Stanbic Uganda Holdings Limited, in one of the largest transfer-pricing disputes to reach the Tax…
The High Court of Uganda has ruled against the Uganda Registration Services Bureau (URSB) in a high-profile trademark dispute, finding that the Bureau acted illegally and irrationally when it rejected…
Hundreds of innovators/entrepreneurs graced the Uganda-EU Business Insights 2025 held on Thursday, February 13 at Mestil Hotel, Kampala. The event, organized by the European Union (EU) Delegation to Uganda in partnership with the Government of Uganda and Private Sector Foundation Uganda, also brought together industry leaders, and policymakers, to explore innovative solutions in Agricultural Technology and Sustainable Mining. The day-long event that had I&M Bank Uganda as a partner offered business-to-business, business-to-investor, and business-to-government matchmaking platform, connecting European investors with Uganda’s agriculture and mining innovators and entrepreneurs. The activities included panel discussions addressing key challenges and exploring innovative solutions in…
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Wendi mobile wallet developed by PostBank has revolutionized the payment process for the Parish Development Model (PDM) program through its innovative digital platform. By leveraging cutting-edge technology, Wendi has successfully digitized PDM payments, reducing processing time, increasing efficiency, and promoting financial inclusion. Prior to the introduction of Wendi, PDM payments were manual, time-consuming, and often plagued by delays. However, with Wendi’s digital platform, payments are now processed in real-time, reducing the time taken to disburse funds from weeks to mere minutes. “Wendi has transformed the way we make PDM payments,” said George Kiyingi, Head of Agent Banking and Fintech Distribution…
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At the heart of Uganda’s agribusiness sector, where farming is not just a way of life but a means of survival, dfcu Bank stands as a beacon of transformation. With development finance as its core mission, the bank continues to demonstrate its unwavering commitment to improving lives, empowering businesses, and nurturing communities across Uganda. This is especially evident through its partnership with the Agribusiness Development Centre (ADC), where dfcu has been instrumental in empowering smallholder farmers, cooperatives, and small and medium enterprises (SMEs) to unlock their full potential. The recently published ADC Impact Report for 2022/2023 underscores the bank’s long-term…
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Wendi Mobile Wallet, a payment platform developed by PostBank has facilitated the disbursement of UGX 520 billion to 10,589 Savings and Credit Cooperatives (SACCOs) across Uganda, marking a significant milestone in the country’s financial inclusion journey. According to George Kiyingi, Head of Agent Banking and Fintech Distribution at Wendi, the partnership with the government’s Parish Development Model (PDM) program has been instrumental in driving financial inclusion in Uganda. “By aligning with the PDM, the government banks through Wendi have been able to facilitate the disbursement of UGX 580 billion directly to SACCOs across more than 150 districts,” Kiyingi said. “This…
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Wendi Mobile Wallet developed by PostBank Uganda has emerged as a game-changer for financial inclusion in Uganda, empowering millions of underserved individuals and small businesses across the country. In a bid to bring seamless digital financial services to every Ugandan, Wendi Mobile Wallet set out two years ago with a clear objective. Today, that vision is materializing faster than anticipated, with the platform facilitating the disbursement of over UGX 520 billion directly to 10,589 Savings and Credit Cooperatives (SACCOs) across more than 150 districts. This initiative is part of the government’s Parish Development Model program (PDM), aimed at promoting local…
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In a ruling that could redefine customer-bank relationships in Uganda’s financial sector, the High Court of Uganda has found Equity Bank Uganda Limited guilty of unlawfully freezing a customer’s account, a decision that may set a precedent for financial institutions operating in the country. The case, Barigye Innocent Herbert Baitwababo v. Equity Bank Uganda Limited, stemmed from the bank’s decision to freeze Barigye’s account over what it deemed suspicious transactions. However, Hon. Justice Ssekaana Musa ruled that Equity Bank acted in breach of its contractual obligations, as the customer had provided sufficient documentation to justify the funds in question. Background…
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The latest H2 2024 Kampala Property Market Report by Knight Frank Uganda paints a mixed picture of the city’s real estate market. The report highlights an uptick in prime office…
