Stanbic Bank Uganda has, today announced the appointment of Samuel F. Mwogeza as its Interim Chief Executive, and Barbara Dokoria as Interim Executive Director effective April 1, 2024, until substantive...
Commercial efforts by Uganda to extract and commercialise her oil and gas resources received a major boost this week as the East African Crude Oil Pipeline (EACOP) Ltd on 26th...
Stanbic Uganda Holdings Limited (SUHL), a franchise of the Standard Bank Group—Africa’s largest commercial lender by assets, has announced a profit after tax of UGX412 billion for the period ending...
The Board of Directors of Diamond Trust Bank Uganda Limited (DTBU) has named Godfrey Sebaana, a seasoned banker with over twenty years of experience, as its new Chief Executive Officer...
In the wake of the announcement of the Final Investment Decision (FID) in February 2022, the Petroleum Authority of Uganda (PAU) has sanctioned contracts valued at approximately USD7.16 billion. Of...
TLG Capital (TLG), an investment holding company, has announced that it has purchased 49% of Opportunity Bank Uganda Ltd (OBUL), a tier 1 financial institution (commercial bank) with 23 branches…
Sudhir Ruparelia, under Meera Investments Limited – an investment arm of the Ruparelia Group of Companies, is the new owner of Simbamanyo House on Plot 2 Lumumba Avenue, home to…
Diamond Trust Bank Uganda and Diamond Trust Bank Kenya, have in a joint statement said they are both “aggrieved and dissatisfied” with yesterday’s High Court ruling in which court ruled…
The Anticorruption court’s Chief Magistrate Pamella Lamunu Ochay has threatened to order the arrest of Sylvia Muwebwa Ntambi, the Chairperson Equal Opportunities Commission should she fail to appear in court…
Unidentified hackers broke into the systems of Pegasus Technologies, a company that integrates mobile money transactions between telcos, banks, and other local, regional, and international money transfer services, making off…
In the history of Uganda, there probably has never been any single national cause, that has brought together Uganda and Ugandans alike- individual and corporate, than the Covid-19 fundraising drive….
Doreen Nyiramugisha, the former Manager, Marketing and Communications at Bank of Africa has crossed over to Post Bank Uganda, where she has been appointed Head, Marketing and Communications. Doreen wields…
By Patrick Byabakama Kaberenge It has been a year of mixed performance, amidst uncertainty and the Fund has remained resilient even in these turbulent times. On a happy note, head-line…
Opportunity Bank has appointed microfinance and financial inclusion expert, Robert Ongodia as its new Managing Director for Uganda, to replace Tineyi Mawocha. Mr. Mawocha, remains the Regional Director, Africa, a…
The troubled head of Equal Opportunities Commission, Mrs. Sylvia Muwebwa Ntambi could end up in prison, should she skip court again. The Anti-Corruption Court, yesterday Wednesday, September 30, 2020, issued criminal…