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TodayFriday, April 24, 2026

Banking

From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Chairman, Prof Isaac Macharia, Group Managing Director and CEO, Dr James Mwangi, and Equity Bank Uganda Managing Director, Gift Shoko, during the 2025 Investor Briefing event.
From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Chairman, Prof Isaac Macharia, Group Managing Director and CEO, Dr James Mwangi, and Equity Bank Uganda Managing Director, Gift Shoko, during the 2025 Investor Briefing event.

Equity Group Posts Record 55% Surge in Profit to KSh75.5b: Uganda Bounces Back With 500% Growth in Net Profit – A Defining First Year for MD Gift Shoko

Equity Group Holdings has delivered one of the most remarkable financial performances in East Africa’s banking history, posting a 55% surge in profit after tax to KSh75.5 billion in FY2025, up from
March 18, 2026
Mark Danckwerts (Left), Head of Insurance at KPMG One Africa and Pierre Fourie, KPMG One Africa Head of Financial Services. They believe AI provides an opportunity as well as a risk to financial service providers in Africa as elsewhere.

Financial Services CEOs Double Down on AI, Resilience and Strategic Growth in 2026 in KPMG Global Outlook

Financial services leaders across Africa are entering 2026 with renewed confidence, placing artificial intelligence (AI), cybersecurity, regulatory resilience and disciplined growth at the centre of their transformation agendas. This is according to
February 17, 2026
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Professor Barnabas Nawangwe, Vice Chancellor of Makerere University (right), and Mr. Charles M. Mudiwa, Chief Executive Officer of dfcu Bank (left), display the signed copies of the agreement on July 4th, 2025, at Makerere University in Kampala.

Makerere University and dfcu Bank Partner to Enhance Higher Education, Research and Student Support

Makerere University and dfcu Bank Limited signed a three-year Memorandum of Understanding (MoU) designed to support the university’s core mandate as Uganda’s premier higher education institution. The partnership will enhance academic excellence,
July 8, 2025
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