With key growth in other investments, Equity Bank registered an 11.1% growth in assets- from UGX3.374 trillion to UGX3.748 trillion- a growth of UGX374.1 billion. This allowed the bank to...
Housing Finance Bank in 2023 became the fastest-growing bank by customer deposits, beating off all its rivals in the top 10 banks segment, including all 6 Domestic Systemically Important Banks...
The United Kingdom’s Deputy Foreign Secretary, Andrew Mitchell, has today announced sanctions on high profile Ugandan politicians including Parliament Speaker Anita Among and two former Karamoja ministers- Mary Goretti Kitutu...
Diamond Trust Bank Uganda has today released its annual performance results for 2023 reporting a steady double-digit growth across all major metrics such as deposits, customer lending and income, as...
2015: For much of 2015, interest rates rose sharply, opening the year at an average 21.69% and by February 2016, had reached a 4-year high of 25.22%. This was partly…
Stanbic Bank, Uganda’s largest bank, by assets, lending, deposits and profit, has picked Emma Mugisha as its Executive Director, a credible source at the bank confirms. However, her ascension to…
City Mogul, Sudhir Ruparelia of the Ruparelia Group is in up mood having defeated Bank of Uganda’s attempt to take over properties formerly housing the defunct Crane Bank. Sudhir has…
By Rhyman Agaba Within a period of just 1 month between March and April, Uganda’s export income dropped by UGX 400 Billion as the negative effects of the Covid-19 pandemic…
Court of Appeal Justices, Alphonse Owiny Dollo; Cheborion Barishaki and Stephen Musota have today agreed with earlier ruling by Commercial Court Judge, Hon Mr. Justice David K. Wangutusi’s August 26th…
#1. Anne Juuko Chief Executive, Stanbic Bank Period in Charge: 4 months 2019 Asset Value: UGX6.6 trillion Market Share: 20.2 per cent Industry Rank: 1 Stanbic Bank has maintained the…
It is now 4 years since you assumed the leadership of MTN Uganda. What would you say have been the key highlights in these four years- your key achievements? Indeed…
President Yoweri Museveni has instructed the Ministry of lands to start a process to compensate the Omukama of Bunyoro Solomon Gafabusa Iguru for his land in Hoima and Kikuube districts,…
Following a license to operate a commercial bank, on September 12th, 2019 Afriland First Bank has set up its offices in Kampala. The offices are located on Buganda Road in the…