Business & Markets

The Tide is Turning: Kampala Women Step Boldly Into Leadership at 2026 Dominate Conference

Brian EmorutCompany NewsLeadership & GovernanceMarch 30, 2026March 30, 2026

On Saturday, all roads led to Lugogo Cricket Oval, as a section of elite women from Kampala and neighboring areas gathered to “drink from the cup of knowledge,” shared by…

Katikkiro Charles Peter Mayiga Urges Families to Prioritize Health at Ettendo Worship Concert

Brian EmorutCompany NewsNews & AnalysisMarch 30, 2026March 30, 2026

The Healthy Heart Foundation (HHF) hosted the Ettendo Worship Concert on Friday, March 27th, at Hotel Africana. The fundraising event, supported by I&M Bank, brought together worshippers, well-wishers, and stakeholders…

Charles Mudiwa leads Uganda’s dfcu Bank through 3 Straight Years of Growth— 2025 net profit reaches UGX 81.5 bn

Muhereza KyamuteteraBanking & Financial ServicesMarch 30, 2026March 30, 2026

dfcu Bank has this morning released its full-year 2025 financial results, delivering a third consecutive year of recovery and growth under Chief Executive Officer Charles Mudiwa, with net profit rising…

NCBA Posts 7% Profit Growth, Unveils Ambitious Five-Year Plan

Muhereza KyamuteteraBanking & Financial ServicesMarch 30, 2026March 30, 2026

NCBA Group has posted a 7% rise in net profit to Ksh23.4 billion (about UGX 660 billion) for the year ended 2025, boosted by stronger asset growth, improved margins, and…

Ignored Presidential Directives in UGX34b Debt Push Emin Pasha Owner Toward Crisis as Equity Bank Again Targets Charged Properties and Puts Radisson Hotel Project at Risk

Jeff WintersThe Big StoryMarch 30, 2026April 9, 2026

A deepening financial and legal standoff between Prism Construction and government has escalated into a high-stakes crisis, with Equity Bank moving to realise securities, placing key properties linked to the…

Stanbic Bank Powers Police Training in Masindi with UGX100m Solar Lighting Boost

Brian EmorutCompany NewsNews & AnalysisMarch 30, 2026March 30, 2026

In recent years, inadequate lighting has been a major challenge at the Police National Training School Kabalye, affecting evening sessions at the Uganda Police Force’s largest training facility. With thousands…

#CEOOfTheWeek: Mumba Kalifungwa — Unlocking Stanbic’s Lending Power to Drive Uganda’s Growth

Muhereza KyamuteteraBanking & Financial ServicesCEO Of The WeekThe Big StoryMarch 30, 2026March 30, 2026

When Mumba Kalifungwa stepped into the role of Chief Executive Officer at Stanbic Bank Uganda in March 2025, he inherited not just the country’s largest bank by assets, but a…

Julius Kakeeto Steers Pearl Bank to UGX 47.3 Billion Profit as Rebrand Signals Rise of a Homegrown Banking Powerhouse — Paving the Way for the Next Growth Phase

Paul MurungiBanking & Financial ServicesThe Big StoryMarch 30, 2026March 30, 2026

Pearl Bank Uganda has stepped into its new identity with both regulatory endorsement and strong financial muscle, posting a profit after tax (PAT) of UGX 47.3 billion for the year…

Tax on Used Clothes to Increase to 30%

Jeff WintersThe Big StoryMarch 29, 2026March 29, 2026

Government has revived its efforts to rein in the importation of second-hand clothing, proposing to double the surcharge from 15% to 30% under the 2026/27 Revenue Enhancement and Compliance Measures….

Living Longer, Saving Less: Experts Call on Procurement Professionals to Rethink Retirement Strategy

Muhereza KyamuteteraC-Suite LeadershipCompany NewsMarch 29, 2026March 29, 2026

Ugandans are living longer but saving less—a dangerous mismatch that is quietly reshaping the country’s financial future and demanding a fundamental shift in how professionals approach retirement planning. As life…