Business & Markets

Stanbic Uganda Shareholders to Receive UGX 360bn After 10 Years of Rapid Dividend Growth

Paul MurungiBanking & Financial ServicesThe Big StoryMarch 23, 2026March 23, 2026

Stanbic Uganda Holdings Limited has reported a strong set of financial results for the year ended 31 December 2025, with shareholders set to receive UGX 360 billion in dividends. Stanbic…

Stanbic Bank CEO Mumba Kalifungwa Delivers UGX 591 billion Profit in First Year

Paul MurungiThe Big StoryMarch 23, 2026March 23, 2026

Kenneth Mumba Kalifungwa’s first year as Chief Executive of Stanbic Bank Uganda delivered a strong profit performance. However, beneath the headline numbers lies a more nuanced story of growth, rising…

6 Ugandans Arrested in Connection to USD 3.4 Mn Equity Bank Rwanda Digital Heist

CEO East Africa MagazineBanking & Financial ServicesThe Big StoryMarch 22, 2026March 22, 2026

Six Ugandans have been arrested and are set to be arraigned in court on March 23, 2026 in connection with a cross-border digital fraud scheme targeting Equity Bank Rwanda, marking…

Why April–June is Known as the Transfer Window in Uganda’s Banking Industry

Muhereza KyamuteteraThe Big StoryMarch 22, 2026March 22, 2026

Every year, almost like clockwork, a quiet but consequential shift begins to take shape across the banking sector. It is neither announced nor formally recognized, yet it is deeply understood…

Stanbic Accelerates Uganda’s Digital Future with “Kikole Ku Speedii” Campaign

Brian EmorutCompany NewsNews & AnalysisMarch 20, 2026March 20, 2026

Stanbic Bank Uganda has unveiled a new campaign, “Kikole Ku Speedii,” aimed at making banking services faster, simpler, and more convenient for its clients and customers. Speaking at the launch,…

I&M Bank Spreads Ramadan Hope with Food Hampers to Families in Gayaza and Bweyogerere

Brian EmorutCompany NewsNews & AnalysisMarch 20, 2026March 20, 2026

On Monday, March 16, I&M Bank extended a gesture of compassion and solidarity by donating Ramadan/Eid hampers to hundreds of vulnerable Muslim families in Gayaza and Bweyogerere. The initiative aimed…

Ruparelia Group Wins Key Entebbe Land Case, Clearing Path for the New Mega Speke Resort and Convention Centre, Entebbe

Muhereza KyamuteteraThe Big StoryMarch 19, 2026March 19, 2026

The High Court of Uganda has delivered a decisive ruling in a long-running land dispute in Kongero, Wakiso District, handing Ruparelia Group’s Speke Hotel 1996 Limited a major legal victory…

IHUNDE RESORT: A Lakeside Sanctuary on Bulago Island, Lake Victoria

Namulwana Hilda VictoriaDestinations & HotelsHospitality & TourismThe Executive TravelerMarch 19, 2026March 19, 2026

KICKER: Minutes from the mainland yet worlds away in spirit, Ihunde Resort invites guests into an immersive lakeside escape — where thoughtful design, open landscapes, and unhurried days reset the…

Katikkiro Mayiga hails JCRC, Pearl Bank, Rotary over USD 4 million bone marrow facility drive

Paul MurungiBanking & Financial ServicesCompany NewsMarch 18, 2026March 18, 2026

The Katikkiro of Buganda, Owek. Charles Peter Mayiga, has commended the Joint Clinical Research Centre (JCRC), Pearl Bank and Rotary Uganda for spearheading a fundraising drive to raise USD 4…

World Bank bans PwC Africa, Rwanda and Kenya affiliates from Bank Group-financed projects over fraudulent practices

Paul MurungiBanking & Financial ServicesBusiness & MarketsThe Big StoryMarch 18, 2026March 18, 2026

The World Bank Group has debarred three PricewaterhouseCoopers (PwC) entities in Africa for 21 months over their involvement in collusive and fraudulent practices linked to a major regional energy project…