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...
On 16th October 2023, Uganda’s President, Yoweri Kaguta Museveni, had two meetings with two prospective investors in Uganda. One of the investors was Prometheus, a Polish company that builds unmanned...
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…
Ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury (PSST) and Dr. Michael Atingi-Ego, the Bank of Uganda Deputy Governor are headlining this year’s Africa Financial Markets Index (AFMI)…
While the gender gap in the insurance industry has over time narrowed to 51.78% male and 48.22% female at the end of 2022, the gap remains wide, especially at the…
Absa Group today announced its physical expansion into the People’s Republic of China with the opening of a new non-banking subsidiary in Beijing. The non-banking subsidiary is now open, with…
Many of us the tech nerds and everyday phone users have at least seen, touched used or ever heard of the mighty HTC. At one time, HTC overtook the present…
I&M Bank Uganda has promised to deliver the “best and most convenient banking services and experience” to its customers as it switches from the old Orient Bank-branded Visa debit cards…