Despite a UGX25 billion shot in the wallet by government, Vision Group, the state majority-owned media house (government owns 53.3%), is still fishing in troubled waters, the just-published Annual Report…
TPS Eastern Africa PLC, the operator of Serena Hotels, has issued a profit warning for the financial year ending 31 December 2025 after slipping into a half-year loss, marking a…
The shilling experienced one of its most volatile stretches in recent months. It swung wildly as offshore realignments and rising import demand disrupted its long-held stability. The currency opened last…
In an economy navigating shifting macroeconomic tides, NMB Bank Plc continues to tower above its peers as Tanzania’s most profitable and resilient financial institution. The lender’s 2025 third-quarter Interim Financial…
Jack Ngare, Technical Director in Google Cloud’s Office of the CTO in Nairobi, believes Africa’s innovations are not side projects for global companies but lessons that shape how the world…
A new chapter in Uganda’s digital finance landscape is quietly unfolding as Stanbic’s FlexiPay and Pearl Bank’s (formerly PostBank) Wendi Wallet join forces to create one of the country’s most…
The Dar es Salaam Stock Exchange (DSE) has posted another quarter of solid financial performance, signaling strong operational resilience and investor confidence amid a tightening regional economic environment. For the…
Uganda’s banking sector has never been stronger on paper. And the Bank of Uganda’s latest Financial Soundness Indicators show why. Banks, the indicators show, are heavily capitalized, flush with liquidity,…
Against a backdrop of slowing credit appetite and shifting investment strategies, Uganda’s commercial banking sector recorded UGX 35.24 trillion in customer deposits in 2024, up from UGX 33.60 trillion in…
