News & Analysis

I&M Bank Joins India Day celebrations in Uganda

CEO ReporterCompany NewsNews & AnalysisAugust 31, 2022September 2, 2022

August 15th is etched in the books of history as the glorious day that India attained Independence.  As the Asian nation ushered in its 75th Independence Day, I&M Bank Uganda…

Q&A WITH POSTBANK’S EXECUTIVE DIRECTOR, ANDREW KABEERA: With a new core banking system, a new switch and 60 smart ATMs, PostBank has laid a strong digital foundation for an exciting future

Muhereza KyamuteteraBanking & Financial ServicesBusiness & MarketsNews & AnalysisThe Big StoryAugust 30, 2022September 7, 2022

PostBank has installed a total of sixty (60) smart ATMs at all its branches. This is the highest number of smart ATMs for any bank in the country. For starters,…

Liberty General Uganda and Multilines International Limited Launch Marine and Cargo Insurance 

Nelson NambooleNews & AnalysisAugust 30, 2022August 30, 2022

Liberty General Uganda and Multilines International Limited have this morning officially launched the Marine and Cargo Insurance.  This follows the announcement by the Government of Uganda, through the Uganda Revenue…

Stanbic’s East Africa borderless platform reaches US$40million transactions

CEO ReporterNews & AnalysisAugust 30, 2022August 30, 2022

The phenomenal growth of Stanbic Bank’s East Africa Borderless Banking platform has revealed a pent-up demand for secure, real-time transactions across international borders. Spanning a single network that includes Uganda,…

Uganda Securities Exchange admits Chipper Technologies Uganda as new stockbroker

Nelson NambooleCompany NewsNews & AnalysisAugust 30, 2022August 30, 2022

Uganda Securities Exchange (USE) Uganda’s principal stock Exchange, has on Monday announced the admission of Chipper Technologies Uganda Limited as a new Trading Participant/stockbroker on its market and as a…

Makerere, UBC partner to publicize University’s centenary celebrations

Nelson NambooleNews & AnalysisAugust 25, 2022August 25, 2022

Makerere University continues to commemorate 100 years of serving Ugandans and the world at large. Since its humble beginning in 1922, Makerere University has been able to transform communities and…

RIP: Gen Elly Tumwine’s Melody Stops

CEO ReporterNews & AnalysisAugust 25, 2022August 25, 2022

Former Security Minister Gen. Elly Tumwine has passed on, according to reports from Aga Khan Hospital in Nairobi, Kenya where he was recently airlifted to for treatment. He was aged 68…

36% Profit Growth: Equity Group’s first half performance reflects business transformation, recovery

Nelson NambooleNews & AnalysisAugust 24, 2022August 24, 2022

Equity Group half year results continue to reflect a sustained digital transformation with 99% of all customer transactions now happening outside the branch network. Releasing the results, Dr James Mwangi,…

Commissions, Statutory Authorities and State Enterprises (COSASE) rejects Uganda Airlines plea to bar media from meetings

CEO ReporterNews & AnalysisAugust 24, 2022August 24, 2022

The Public Accounts Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has rejected a request by Uganda Airlines to bar the media from covering its proceedings. The national air…

Cap External Borrowing, Parliament’s Committee on National Economy advises government

CEO ReporterNews & AnalysisAugust 24, 2022August 24, 2022

Parliament’s Committee on National Economy proposed in a report to cap the minimum amount for external borrowing to under US$20 million to minimise costs related to contracting loans and maximising…