Company News

South Africa Founded Fintech Omnisient Secures $7.5 Million Investment From Arise to Grow Financial Inclusion Across Africa and Beyond.

Jonathan N. LubwamaBanking & Financial ServicesBusiness & MarketsCompany NewsGlobal NewsMedia & CommunicationTechnology & InnovationThe Big StoryAugust 27, 2024August 27, 2024

South African fintech start-up Omnisient has received a $7.5 million investment from Arise, a company that invests in African financial service providers and fintechs that advance financial inclusion. Founded in…

Earn with every purchase- dfcu Bank launches exciting new Cashback program for debit and credit card users

Paul MurungiCompany NewsAugust 27, 2024August 27, 2024

dfcu Bank has launched a new Visa Cashback campaign aimed at rewarding its customers. The campaign, which is part of the Bank’s strategic partnership with Visa, underscores dfcu Bank’s commitment…

Finance Trust Bank puts women first in sports with UGX 2 billion sponsorship

Paul MurungiCompany NewsAugust 27, 2024April 28, 2025

Finance Trust Bank was established in 1984 with a mission to empower women to achieve their dreams and has over the last 40 years helped tens of thousands of women…

Manufacturers urge government to cut down costs of Digital Tax Stamps to increase usage and revenue yield

Muhereza KyamuteteraCompany NewsNews & AnalysisAugust 24, 2024August 24, 2024

Manufacturing sector players have asked the government to reduce the cost of digital tax stamps (DTS) in a bid to drive usage by all targeted users. According to manufacturers, the…

dfcu Bank’s H1 2024 profit surges 45% to UGX42 billion

Muhereza KyamuteteraCompany NewsNews & AnalysisAugust 24, 2024August 24, 2024

dfcu Bank this week announced its financial results for the first half of fiscal year 2024, reporting an improved performance in Net profit after tax, which increased by 45% to…

dfcu Bank unveils Business Loans campaign with financing solutions for entrepreneurs

Paul MurungiCompany NewsAugust 22, 2024August 22, 2024

dfcu Bank, a cornerstone of Uganda’s financial landscape with a 60-year legacy rooted in development finance, has launched its latest business lending campaign aimed at empowering small and medium enterprises…

Special offer for I&M Bank Mastercard holders as Re-Björn brings ABBA hits to Kampala

Paul MurungiCompany NewsAugust 21, 2024August 22, 2024

The UK’s leading ABBA tribute act, ABBA Re-Björn, will make their debut performance in Uganda on Friday, 6th and Saturday, 7th September 2024, at Somewhere Else Bar and Restaurant in…

Finance Trust Bank launches UGX23 billion GROW fund for women in business, agriculture and trade

Paul MurungiCompany NewsAugust 21, 2024August 26, 2024

Finance Trust Bank has launched a UGX 23 billion kitty in GROW loans to over 3000 women during a financial literacy training program at UMA Multi-purpose hall in Kampala.   Ms…

Stanbic Bank Uganda’s net profit surge to UGX 236 billion in the first half of 2024

Paul MurungiCompany NewsAugust 18, 2024August 18, 2024

Stanbic Bank Uganda has maintained a strong growth momentum in the first half of 2024 posting a profit of UGX 236 billion on its income statement.  This represents a 17.6…

7th edition of the Standard Chartered Cup Futsal Tournament launched

Paul MurungiCompany NewsAugust 17, 2024August 17, 2024

Standard Chartered Bank has today launched the 7th edition of its famous Standard Chartered Cup – futsal tournament at a press conference held at its Headquarters at Speke Road.  The…