Company News

Platinum Credit Uganda Lands $4 Million Investment to Expand Inclusive Lending

CEO East Africa MagazineCompany NewsFebruary 27, 2026February 27, 2026

Platinum Credit Uganda (PCU), a subsidiary of The Platcorp Group, has secured a $4 million investment from Swiss asset manager Symbiotics in a move set to expand financing access for…

Finance Trust Bank, IPED Join Forces to Reduce Collateral Barriers for Women-Led Businesses

Brian EmorutCompany NewsNews & AnalysisFebruary 26, 2026March 9, 2026

Finance Trust Bank (FTB) has partnered with the Initiative for I&P Entrepreneurs & Development (IPED) to expand access to affordable loans for women-led and environmentally responsible businesses across Uganda. Through…

BAT Uganda Profit Falls to UGX 9.8b Amid Surge in Illicit Cigarette Trade

Paul MurungiBusiness & MarketsCompany NewsThe Big StoryFebruary 26, 2026February 26, 2026

British American Tobacco Uganda’s (BATU) net profit declined by 5.3% to UGX 9.76 billion for the year ended December 31, 2025, down from UGX 10.31 billion in 2024, as falling…

#UgandansExcellingAbroad: Jonathan Sengendo promoted to Partner at Sango Capital

CEO East Africa MagazineCompany NewsUgandans Excelling AbroadFebruary 25, 2026February 25, 2026

Uganda’s Jonathan Sengendo has been promoted to Partner at Sango Capital, marking a significant milestone in his career with the investment firm focused on private market opportunities across Africa. Since…

Pearl Bank Commits UGX 200 Million to JCRC’s USD 4 Million Bone Marrow Transplant Centre Under 4-Year Partnership  

Paul MurungiBanking & Financial ServicesCompany NewsFebruary 24, 2026February 24, 2026

Pearl Bank and the Joint Clinical Research Centre (JCRC) have announced a four-year strategic partnership to support the establishment of a specialized Bone Marrow Transplant (BMT) centre.  The facility is…

When school fees outpace savings: How Pearl Bank is supporting parents and schools through education financing

Paul MurungiCompany NewsThought LeadershipFebruary 21, 2026February 21, 2026

By Andy Wilfred Kulanyi School term costs are a reality many Ugandan parents quietly confront at the beginning of each school calendar. You may have planned. You may have saved….

Finance Trust Bank Releases UGX 250 million for Women’s Super League and Women’s Elite League

Brian EmorutCompany NewsNews & AnalysisFebruary 20, 2026March 6, 2026

Finance Trust Bank (FTB) has released UGX 250 million to the Federation of Uganda Football Associations (FUFA) as part of its ongoing five-year sponsorship commitment toward the development of women’s…

Speke Group’s Munyonyo Retains Five-Star Status, Kabira Earns Four Stars

Muhereza KyamuteteraCompany NewsDestinations & HotelsFebruary 20, 2026February 20, 2026

The Speke Group of Hotels, the hospitality arm of the Ruparelia Group, has reaffirmed its dominance in Uganda’s premium hospitality sector after two of its flagship properties secured top-tier classifications…

I&M Bank recommits to partnership with Kabaka Birthday Run 13th edition to further the fight against HIV/AIDS

Brian EmorutBanking & Financial ServicesCompany NewsFebruary 19, 2026February 19, 2026

I&M Bank Uganda has reinforced its position as the official bank partner of the Kabaka Birthday Run, slated for its 13th edition on Sunday, April 12th, 2026. The 2026 Kabaka…

Peter Mukuru has joined Uganda Development Bank as the Director Business Technology

Brian EmorutBanking & Financial ServicesCompany NewsFebruary 18, 2026February 19, 2026

Peter is a seasoned Business Technology practitioner and digital transformation leader with over two decades of executive leadership experience across Development Finance, Regulation, Government, Utilities, and the Private Sector. Most…