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...
dfcu Bank is set to ride on its past success in financing the agriculture sector to commit more funds meant to achieve long term productivity for farmers in Uganda. Speaking...
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...
Standard Bank Group has appointed Nonkululeko Nyembezi as the Board Chairperson-designate. She will also double as Chairperson Standard Bank of South Africa. “This is a profound and historic strategic moment…
Prudential has appointed Tetteh Ayitevie new Chief Executive Officer (CEO) for Uganda. Tetteh Ayitevie, who has been the Chief Strategy Officer at Prudential Life Insurance Ghana (PLIG), takes over from…
Shakira Shamim Mujuni has been appointed the new Chief Executive Officer of CIC General Insurance Uganda. Shakira joins CIC with over 10 years of experience in the insurance industry. She…
Godfrey Muhindo has been appointed Chief Commercial Officer for MTN Mobile Money Uganda Ltd. Reporting to the Managing Director, he will be responsible for Corporate Sales, Mobile Money Distribution, Mono…
The banking sector regulator, Bank of Uganda (BoU) has awarded Centenary Bank with an accolade for the best agricultural finance partner following the bank’s excellent role in promoting farming activities…
MTN Uganda has pledged to support Makerere University’s centenary celebrations through a sponsorship worth UGX180million. The sponsorship by MTN will be dedicated towards supporting the events organized by Makerere University…
Nile Breweries Limited(NBL) has launched an entrepreneurship promotion program, dubbed 100+ Accelerator Cohort 2022, to promote startups that have embedded sustainable development strategies in their operations. The program, an initiative…
The Stanbic Purchasing Managers’ Index (PMI) rose to 53.9 in April from 51.9 in March on account of further improvement in private sector output and new orders as demand strengthened,…
Doreen Nyiramugisha, the outgoing Head of Marketing and Communication at PostBank Uganda Ltd has crossed over to Housing Finance Bank as the new Head of Marketing and Communications, CEO East…
Centenary Bank has made it to the highly coveted list of over 60 nominees for this year’s African Banker Awards. The African Banker magazine, (a continental business publication) has announced…