Members of Parliament (MPs) have raised a red flag after learning that a single entity is lined up to take the lion’s share of funding for the Ministry of Trade....
Uganda’s decision to contract Citibank to mobilise funding for its Standard Gauge Railway (SGR) marks a significant turning point for a project that has faced years of delays, largely due...
Uganda is paying heavily to keep cash alive. Every year, trillions of shillings are absorbed into an economy still built around physical currency through the systems that print, transport, secure,...
When David Wandera officially stepped into the role of Managing Director of Absa Bank Uganda in May 2025, the appointment marked far more than a routine leadership transition—it signaled a...
As Uganda’s capital markets mark three decades of growth, the Capital Markets Authority (CMA) stands at a pivotal moment; transitioning from building foundational structures to driving transformative impact. Since its...
The African Marketing Confederation (AMC) has constituted its President’s Council. In the changes announced this week, David Balikuddembe, the current President of the Uganda Marketers Society (UMS) has been appointed…
Emma Mugisha, the current Executive Director and Head of Business Banking at Stanbic Bank Uganda has been picked by Nigeria’s pan-African Access Bank Plc, for a continental regional role, that…
Chioma A. Mang, the Managing Director/CEO of United Bank for Africa in Uganda, has turned down an appointment by the Central Bank of Nigeria (CBN) to take up the Executive…
Herbert Wigwe, the Group CEO of Access Holdings Plc, whose subsidiary bank, Access Bank Plc has just acquired Uganda’s Finance Trust Bank has died in a U.S. helicopter accident. He died…
Barclays has announced it will no longer provide direct funding for new oil and gas projects. The banking giant said in a statement that it will restrict lending to energy…
The Commercial Court in Kampala has ordered MTN Uganda to pay UGX 1,015,668,000 in general damages and interest to Pro-Line Soccer Academy Limited for the violation of the image rights…
With an overall score of 62.8, Uganda maintained its fourth position out of the 28 African countries measured under the 2023 Absa Africa Financial Market Index (AFMI) – a report…
I&M Bank Uganda over the weekend successfully completed an upgrade of its core banking system to Finacle 10, promising its customers, an improved banking experience. Finacle is an industry leader…
2024 will be a defining year for Uganda’s oil sector with several investment deals to be inked as the oil project nears its first oil in 2025. Noteworthy is that…
Ahead of the event, David Wandera FCCA, the Absa Executive Director & Head of Financial Markets discusses the financial markets landscape in 2023 and why it is important for financial…