Numbers Don’t Lie. In 2024, PostBank Uganda posted a record UGX 35.4 billion in net profit—up 28.7% from UGX 27.5 billion in 2023. Customer deposits surged 25.4% from UGX 789.8...
As we mark this year’s World Environment Day under the theme “Ending Global Plastic Pollution”, we are reminded that the choices we make today as leaders, institutions and individuals will...
In May 2021, Bank of Uganda issued two licenses to Airtel Mobile Commerce and MTN Mobile Money to conduct various money transfer and payment services.The licenses were partly intended to……
The African Tax Administration Forum (ATAF) has appointed the former Commissioner General of Rwanda Revenue Authority, Ms. Mary Baine as its new Executive Secretary, effective 1 July 2025. Ms. Baine succeeds……
The Department of State has publicly designated five current and former Ugandan officials for their involvement in significant corruption or gross violations of human rights.According to a U.S. State Department…
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The story of Bro-Group is your typical Ugandan ingenuity and resilience against all odds, strung together by a dose of optimism for a better new day.In 1990, two brothers, Jeff…
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The new ultra-modern Speke Resort Convention Centre (SRCC) has been rated as one of the major success drivers of the recently concluded and hugely outstanding 8th edition of the Pearl…
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Uganda’s banking industry in 2023 continued growing across all fundamentals such as deposits, lending, income as well as assets. It however grew slower than it did in 2022. Total industry deposits…
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It all started with a call from a recruitment agency executive. At the time, Thambi had spent 30 years in the banking industry, rising to become a Senior Vice President and…
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dfcu Limited is celebrating 60 years of operation and impactful service towards fulfilling its purpose of ‘Transforming Lives and Businesses in Uganda’. dfcu was established in 1964 as a development…
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Moody’s Ratings (Moody’s) one of the global leaders in credit ratings for companies, governments has downgraded the Government of Uganda’s long-term foreign-currency and local-currency issuer ratings to B3 from B2…
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Members of the Uganda Bankers’ Association (UBA) held their annual general meeting on the 17th May 2024 and elected Mr. Julius Kakeeto, as the Association’s new Chairman.He replaces Ms. Sarah…
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Ten years ago, when Standard Chartered Uganda had just launched wealth advisory services, the first client I met said “Diving into the world of investments is like trying to solve…
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New details have emerged indicating the Airbus A320 aircraft recently leased to Uganda Airlines by South Africa’s Global Aviation company, is the world’s second oldest active Airbus in the aviation…
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