Stanbic Bank’s five-year performance story is, above all, a profit story. It offers the clearest window into how the bank has transformed its balance sheet, expanded lending, deepened customer deposits,...
Stanbic Bank Uganda has revealed that it committed more than UGX 270 billion in debt financing to the East African Crude Oil Pipeline (EACOP), reinforcing its role in funding large-scale...
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...
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...
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...
Insurance gross written premiums grew by 12.04%, increasing by at least UGX 192.4 billion in the three months to December 2024. Details contained in the Insurance Regulatory Authority (IRA) Market…
The insurance sector has continued to be pivotal in the financial sector. However, it is largely dominated by a few companies with the largest share of premiums written by just…
Nile Breweries Limited, the Ugandan subsidiary of global brewing giant Anheuser-Busch InBev (AB InBev), is conducting an extensive investigation into allegations of fraud and financial misconduct within its sales and…
Melkamu Abebe, the outgoing General Manager of Coca-Cola Beverages Uganda (CCBU), has concluded his tenure on an extraordinarily high note, guiding the company to victory at the prestigious Group Africa…
The High Court has directed Bank of Uganda (BoU) to pay UGX 200 million to an interior design firm, C&S Upholstery Limited, for unfairly disqualifying it from a multi-billion contract…
In the heart of East Africa, one man’s vision is rapidly transforming the skyline of Uganda’s capital. Dr. Sudhir Ruparelia – the country’s wealthiest businessman and a self-made billionaire –…
Uganda is rapidly positioning itself as a premier destination for Meetings, Incentives, Conferences, and Exhibitions (MICE), with the Speke Resort Convention Centre (SRCC) at the heart of this transformation. Dr….
The Uganda National Oil Company (UNOC) was established as a limited liability company under the 2013 Petroleum Act more than 10 years ago. Of course, the oil sector has seen…
Over the last 30 years, Knight Frank has dominated the real estate sector in Kampala and Uganda, by extension. This elite property firm offers valuation and consultancy services, residential and…
Rwanda’s President, Paul Kagame has appointed Ms. Soraya Munyana Hakuziyaremye as the first female Governor of the National Bank of Rwanda, which is a promotion from her initial role of …