Uganda on Tuesday launched a new national Sustainable Finance Curriculum aimed at reshaping the country’s financial sector toward inclusive growth, environmental protection, and climate resilience. The initiative, unveiled at the…
A decade ago, Africa’s fintech revolution began as a response to one of the continent’s most persistent challenges: access to finance. In 2011, only 23% of people in sub-Saharan Africa…
Less than a year after Standard Chartered Bank announced plans to exit its Wealth and Retail Business (WRB) segment as part of a global restructuring strategy, the long-anticipated transaction has…
Uganda’s agent banking industry has entered a new phase with latest data from Bank of Uganda painting a picture of a sector in full bloom. As of June 2025, the…
Uganda’s banking sector has cemented its recovery and resilience, posting a record UGX 1.9 trillion net profit for the year ended June 2025. This was a nearly an increase of…
Payments through cheques in Uganda’s financial eco-system continues to decline as Bank of Uganda (BoU) intensifies efforts to promote digital and electronic payments. Latest data from the central bank shows…
Despite the steady rise of mobile money, fintechs, and online banking, cash continues to dominate Uganda’s payment landscape. Bank of Uganda (BoU), in its latest currency and payment systems report,…
At least UGX 88.1 billion remains unclaimed in closed mobile money and other e-money accounts, a Bank of Uganda report shows. The money, which is currently held Bank of Uganda…
As the rest of Uganda chokes on expensive credit, with commercial bank lending rates hovering between 18 and 20 percent, staff at the Bank of Uganda (BoU) are enjoying the…
The rapid growth of digital and mobile lending is transforming Uganda’s financial landscape. It is expanding access to credit for millions who were previously excluded from the formal banking system….
