Company News

dfcu Bank pledges more long term financing to the agriculture sector

Paul MurungiCompany NewsApril 15, 2024April 15, 2024

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…

Stanbic Business Incubator unveils new programs to enhance access to finance for SMEs

Paul MurungiBanking & Financial ServicesCompany NewsApril 12, 2024April 12, 2024

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…

EACOP commits UGX 1.2 billion to nature conservation efforts

Paul MurungiCompany NewsApril 12, 2024April 13, 2024

The East African Crude Oil Pipeline (EACOP) Ltd  has committed UGX 1.2 billion in a Memorandum of Understanding signed with the Ministry of Water and Environment (MWE) to cooperate on…

Youth change and transformation advocate, Humphrey Nabimanya recognised among 100 Most Influential Young Africans

CEO East Africa MagazineCompany NewsExecutive ProfilesNews & AnalysisApril 9, 2024April 9, 2024

Humphrey Nabimanya the founder and Chief Executive Officer of Reach A Hand Uganda has been recognised as one of the 100 Most Influential Young Africans at the forefront of leading…

gnuGrid CRB’s Mobile Credit Score to revolutionise lending to unserved and underserved populations⏤ Ministry of Finance  

Muhereza KyamuteteraCompany NewsNews & AnalysisApril 9, 2024April 16, 2024

Moses Ogwapus, the Commissioner of Financial Services, Ministry Of Finance, Planning And Economic Development has hailed gnuGrid and Airtel Mobile Commerce Uganda Limited’s Mobile Credit Score as an “innovative mobile…

Standard Bank Group Chief Executive Sim Tshabalala, Board Chair Nonkululeko Nyembezi meet BOU officials over changes at Stanbic 

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryApril 8, 2024April 8, 2024

The Standard Bank Group (SBG) Chief Executive Sim Tshabalala and Board Chairman Nonkululeko Nyembezi were reportedly in Uganda for two days, last week, during which they held meetings with different…

Susan Kitariko and Keith Kalyegira join Airtel Uganda Board

Muhereza KyamuteteraCompany NewsThe Big StoryApril 4, 2024April 4, 2024

The Board of Directors of Airtel Uganda Limited has, according to Rules 36(2) and 54 of the Uganda Securities Exchange Listing Rules 2021,  appointed Mrs. Suzan Mweheire Kitariko as an…

FIRED-UP: One Year In Office; What Has Dfcu Bank’s Charles Mudiwa Been Up To? 

CEO East Africa MagazineBanking & Financial ServicesCompany NewsThe Big StoryApril 2, 2024April 2, 2024

“I mean, for us (dfcu Bank), a top three position should really be where we should be going. We should be among the top three banks in the country. We…

PSFU, Mastercard Foundation and African Management Institute move to enhance the quality of Business Development Services for MSMEs

CEO ReporterCompany NewsNews & AnalysisMarch 31, 2024March 31, 2024

The Private Sector Foundation Uganda (PSFU), in partnership with Mastercard Foundation and The African Management Institute (AMI) this week, hosted a meeting for stakeholders in Uganda’s Business Development Services (BDS)…

Islamic banking has potential to significantly impact Uganda’s economic development says Museveni as he launches Salaam Bank 

CEO East Africa MagazineBanking & Financial ServicesCompany NewsNews & AnalysisMarch 30, 2024March 30, 2024

President Yoweri Museveni has officially launched the national operations of Salaam Bank in Uganda.  This is as he joined the Muslim fraternity for Duwa Prayers at Kololo Independence Grounds on…