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    UGAFODE Expands Aggressively in 2025 as Lending Jumps 26% and Deposits Rise 20%

    April 22, 2026April 22, 2026 0 Shares
    Uganda’s UGAFODE Microfinance Limited (MDI) has reported a year of strong balance sheet expansion in 2025, with lending, deposits, and total assets all posting double-digit growth—signalling an institution in full-scale...
    Chandan Singh assumes leadership at Bank of Baroda (Uganda), succeeding Shashi Dhar after a period marked by strong financial growth and operational stability. With rising profits, expanding assets, and increased lending, the transition signals continuity as the bank positions itself for further growth under experienced new leadership in a competitive market.

    Chandan Singh Takes Over as Bank of Baroda Managing Director after Strong Growth under Shashi Dhar

    April 22, 2026April 22, 2026 0 Shares
    Chandan Singh has effectively taken over as Bank of Baroda’s new managing director. The takeover brings to a close the tenure of Shashi Dhar, who has led the bank since...

    2025: Finance Trust Bank posts 32% growth in deposits; 74% surge in net profit in strongest performance yet

    April 22, 2026April 22, 2026 0 Shares
    Finance Trust Bank has announced its 2025 performance, reporting its strongest financial performance to date in 2025, posting a 32.6% growth in customer deposits and a 74.4% jump in net...

    When the Law Exists But No One Listens: Uganda’s Conflict of Interest Problem

    April 22, 2026April 22, 2026 0 Shares
    By Shaidu Mafabi  and Phillip Karugaba The High Court of Lesotho recently delivered a remarkable judgment. In Teboho Mojapela v Speaker of the National Assembly, the court directed Parliament to...

    Driving Transformation: Mercy Kainobwisho’s Five-Year Turnaround Has Transformed URSB From Legacy to a Digital Powerhouse

    April 22, 2026April 22, 2026 0 Shares
    Mercy Kainobwisho has redefined URSB through people-centered leadership and bold reforms. By driving digital transformation, strengthening systems, and expanding access, she has turned the Bureau into a modern, high-performing institution. Her tenure reflects a balance of innovation and accountability, positioning URSB as a key pillar of Uganda’s economic development.
    When Mercy K. Kainobwisho assumed office as Registrar General in December 2020, the Uganda Registration Services Bureau (URSB) stood at a critical institutional crossroads. The country was emerging from the...

    Eight Transformative Lessons for SME Success: Insights from TUPANGE Business Ne Equity Bank in Mbale

    Brian EmorutBusiness & MarketsCompany NewsAugust 22, 2025August 22, 2025

    In the bustling city of Mbale, Uganda, the TUPANGE Business Ne Equity Bank event brought together entrepreneurs, dreamers, and innovators under the warm glow of a shared vision: to unlock…

    dfcu Bank’s SME Mobi Loan: A Conversation with William Kayongo, Head of Enterprise Banking at dfcu.

    Brian EmorutCEO PerspectivesCompany NewsAugust 22, 2025August 22, 2025

    Small and Medium Enterprises (SMEs) are the backbone of Uganda’s economy. They employ millions, drive innovation, and contribute significantly to national output. Yet, one challenge continues to hold them back:…

    Empowering Mbale’s Entrepreneurs: TUPANGE Business Ne Equity Bank Ignites Growth at First Regional Forum

    Brian EmorutCompany NewsNews & AnalysisAugust 21, 2025August 21, 2025

    The vibrant city of Mbale buzzed with ambition as the TUPANGE Business Ne Equity Nationwide Forum, hosted by Equity Bank Uganda, made its first regional stop on Tuesday, August 19,…

    Standard Bank Group Reshuffles Regional Leadership: Oigara Succeeds Mweheire as East Africa Chief, Francis Karuhanga to Lead South & Central Africa

    Brian KwesigaCompany NewsNews & AnalysisThe Big StoryAugust 21, 2025August 21, 2025

    Standard Bank Group has announced a significant leadership realignment across its Africa Regions portfolio, appointing new Regional Chief Executives (RCEs) to spearhead growth in key markets and drive greater operational…

    Dialing into the Future: dfcu’s *240# Mobile Banking Platform Explained

    Brian EmorutCEO PerspectivesCompany NewsAugust 21, 2025August 21, 2025

    dfcu Bank has revamped its *USSD 240# platform, making banking easier, faster, and more inclusive for Ugandans. With no need for smartphones, internet, or airtime, customers can check balances, transfer…

    The withdrawal of foreign investors can create rare arbitrage opportunities. It gives alert investors a chance to buy undervalued assets relative to their fundamentals.

    How Foreign Exits are Opening Opportunities in East Africa’s Stock Markets

    Jeff WintersThe Big StoryAugust 21, 2025August 21, 2025

    The first half of 2025 has revealed a surprising twist in East Africa’s stock markets. Foreign investors are pulling back from Kenya’s Nairobi Securities Exchange (NSE). At first glance, it…

    Uganda confirms accepting US deportees from other African countries

    Paul MurungiPolitics & GovermentThe Big StoryAugust 21, 2025August 21, 2025

    Uganda has quietly signed on to a contentious U.S. migration plan taking in some non-Ugandan deportees from other African countries so their protection claims can be examined in Kampala. The…

    Opportunity Bank Uganda celebrates 30 years of inclusive banking with a milestone dinner at Mestil Hotel and the opening of its 25th branch in Rwamwanja Refugee Settlement, expanding financial access to refugees, smallholder farmers, and underserved communities nationwide.

    Opportunity Bank Uganda at 30: Celebrating Inclusive Banking, Community Impact, and the Opening of 25th Branch at Rwamwanja

    Muhereza KyamuteteraThe Big StoryAugust 21, 2025August 21, 2025

    Opportunity Bank Uganda proudly marks a transformative milestone this evening with a celebratory dinner, commemorating 30 years of empowering underserved communities through inclusive finance, digital innovation, and a steadfast commitment…

    Wendi by PostBank Trains Over 5,000 in Kampala, Wakiso, and Mukono to Accelerate Financial Inclusion 

    Paul MurungiBanking & Financial ServicesCompany NewsAugust 20, 2025August 20, 2025

    In a bold move to deepen financial inclusion across Uganda, Wendi, a digital mobile wallet developed by PostBank Uganda which has embarked on a journey to rebrand to Pearl Bank,…

    Uganda Agrees to Receive Some U.S. Deportees from Other African Countries- Internal U.S. Documents Show?

    Paul MurungiThe Big StoryAugust 20, 2025August 20, 2025

    Uganda has agreed to host certain migrants deported from the United States of America who are not Ugandan citizens, according to internal U.S. government documents obtained by CBS News, a…

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