The government of Uganda has released more money towards its household poverty alleviation initiative, the Parish Development Model (PDM). This was confirmed by PostBank Uganda, the gov’t distribution partner of...
The Mobile Credit Score, recently launched by gnuGrid CRB and Airtel Mobile Commerce Uganda Limited (AMCUL), will rapidly close the information asymmetry challenge in bottom-of-the-market lending, enhancing two-way lender-borrower trust...
Last week, PostBank Uganda, the only tier-1 wholly-owned government commercial bank, released its 2023 performance results reporting that deposits grew by 15% from UGX689 billion in 2022 to UGX790 billion...
The Chief Executive of the Stanbic Uganda Holdings Limited (SUHL), Francis Karuhanga has officially flagged off two innovative programs aimed at supporting businesses access finance, fostering economic growth within Uganda’s...
DTB Uganda, one of Uganda’s largest banks, has opened its 36th branch at the Kapeeka Liao Shen Industrial Park, with a promise to continue easing access to convenient banking, necessary…
The one-of-a-kind Kingdom Kampala Branch will host the bank’s affluent banking brand known as I&M Select Banking, as well as a Corporate Banking Centre, 24-hour ATM and the soon-to-be-launched 24/7…
Mathias Katamba, the outgoing Managing Director and Chief Executive Officer of Uganda’s dfcu Bank, has spoken to CEO East Africa Magazine, confirming he is exiting the bank, which he has…
In consultation with the Bank of Uganda, the Minister of Finance, Planning and Economic Development, Hon. Matia Kasaija, on 16th November 2022 signed a statutory instrument increasing minimum capital requirements…
Uganda’s Minister of Finance, Planning and Economic Development, Hon. Matia Kasaija, on 16th November 2022 signed a ministerial instrument, increasing the minimum capital requirements for banks by 6 times or…
Bank of Uganda, the regulator of Uganda banking financial services has given its approval to Anthony Kituuka, 47, to be appointed the Managing Director, of Equity Bank Uganda, our sources…
ioTec Limited, a Ugandan-owned financial technology company and software consultancy firm, has been issued two licenses by the Central Bank of Uganda to operate and provide payment services under the…
“An experienced seasoned banker”; “even-tempered gentleman”; “skilled, trusted and with strong integrity”; “humble giant with enormous grit” and the “right man for the job” are some of the words that…