Business & Markets

Pearl Bank’s Wendi Wallet, TotalEnergies Partner to Ease product Merchant Payments of Up to UGX 5 million

Paul MurungiBanking & Financial ServicesCompany NewsOctober 26, 2025October 26, 2025

Wendi, the digital wallet developed by Pearl Bank (formerly PostBank Uganda) has today announced a partnership with TotalEnergies Marketing & Services (M&S) aimed at simplifying customer payments at all Total fuel stations using the…

Big Leap: How Absa’s UGX 1.3 Trillion New Assets and Deposits Acquisition Through Stanchart’s Wealth and Retail Business Will Rewrite its Growth Story

CEO East Africa MagazineThe Big StoryOctober 24, 2025October 31, 2025

Less than a year after Standard Chartered Bank announced plans to exit its Wealth and Retail Business (WRB) segment as part of a global restructuring strategy, the long-anticipated transaction has…

Equity hands over bus to Nabumali Boarding School

Brian EmorutCompany NewsNews & AnalysisOctober 24, 2025October 24, 2025

It was jubilation and a mood of joyousness at Nabumali Boarding Primary School in Mbale on Thursday 23 October 2025 when Equity bank Uganda delivered to the school its very…

Absa Bank Acquires Standard Chartered’s Retail and Wealth Business in Uganda

Paul MurungiThe Big StoryOctober 24, 2025October 24, 2025

Absa Bank Uganda has entered into an agreement to acquire the Wealth and Retail Banking (WRB) business of Standard Chartered Bank Uganda. The acquisition marks a major shift in Uganda’s…

Hoima City Stadium: A worthy investment or another white elephant in the making?

Paul MurungiHospitality & TourismThe Big StoryOctober 24, 2025October 31, 2025

The $130 million (UGX 354 billion) Hoima City Stadium has ignited a national debate: will it be a transformative investment for Uganda’s sports and tourism landscape, or another white elephant…

Building Africa’s Fintect Sovereignty: What we Learn from M-PESA’s Ambitious Vision and the Risk of a Possible New Wave of Digital Colonialism

Jeff WintersThe Big StoryOctober 24, 2025October 23, 2025

At the 2025 Fintechs Annual Gathering in Kampala, Sitoyo Lopokoiyit, the M-PESA Africa managing director, delivered one of the event’s most compelling keynotes, part warning, part vision, and wholly inspiring….

Ugandan Court Rejects Towerco Bid to Shift Dispute to UK, Citing Fraud Allegations and Public Policy

CEO East Africa MagazineThe Big StoryOctober 24, 2025October 23, 2025

In a ruling that reinforces Ugandan courts’ discretion to retain jurisdiction over disputes relating to alleged illegality, Justice Patience Rubagumya of the Commercial Division of the High Court declined to…

dfcu Bank and MANTRAC Uganda Partner to Empower SMEs with 90% Equipment Financing

Brian EmorutCompany NewsNews & AnalysisOctober 23, 2025October 23, 2025

dfcu Bank has announced a strategic partnership with MANTRAC Uganda, the authorized dealer of Caterpillar equipment, to provide businesses with affordable, flexible, and comprehensive financing solutions for brand-new machinery and…

Pearl Bank and Stanbic Join Forces to Merge Digital Wallets for Uganda’s Financial Inclusion Drive

Paul MurungiCompany NewsOctober 23, 2025October 23, 2025

In a landmark partnership that signals collaboration over competition, Pearl Bank Uganda (formerly PostBank Uganda), a leading government-owned financial institution and Stanbic Bank Uganda, the country’s largest commercial bank, have…

Speke Resort Munyonyo Unveils 2025 Festive Season Programme — A Lakeside Affair with Everything to Live (and Stay)

Muhereza KyamuteteraHospitality & TourismNews & AnalysisOctober 23, 2025October 23, 2025

As the calendar inches closer to its final page, few destinations capture the spirit of celebration quite like Speke Resort Munyonyo — Uganda’s crown jewel of lakeside luxury. This year,…