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TodayWednesday, May 06, 2026

digital banking

The Governor of the Bank of Uganda, Dr. Michael Atingi-Ego (2nd L), handing the Pearl Bank operating license to Julius Kakeeto, Managing Director of Pearl Bank Uganda (2nd R). Looking on are Priscilla Akora, Head of Marketing and Communications at Pearl Bank Uganda (R), and Moses Kalyango, Executive Director of Supervision at the Bank of Uganda (L). The handover was held yesterday, 24th November 2025, at the Bank of Uganda Offices, a symbolic phase in the Bank's rebrand journey, signifying its official crossover or transition from PostBank to its current name, Pearl Bank Uganda Limited.

Bank of Uganda Applauds Pearl Bank over Smooth Transition and Digital Innovation

Pearl Bank’s transition from PostBank marks the culmination of a five-year transformation journey—one that has modernised its operations, expanded its national footprint, and positioned the institution as a digital-first champion of financial
November 25, 2025
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A photo collage of Paul Russo, KCB Group CEO, Mark Mwongela Ngungi, a former PesaPal CEO and ex-PayPal executive, as its Group Director of Strategy and Innovation, and Pesapal Founder Agosta Liko.

From Three Transactions to a Banking Stake: How PesaPal’s 16-Year Grind Earned KCB’s Fintech Bet

Kenya’s largest lender, KCB Group Plc, has taken a calculated leap into the fintech frontier with the acquisition of a minority stake in PesaPal Limited, a leading regional payments company licensed by
November 4, 2025
From Left to Right: Equity Group Non-Executive Chairman, Prof. Isaac Macharia, Equity Group Managing Director and CEO, Dr. James Mwangi, and Equity Bank Tanzania Managing Director, Isabela Maganga, during the Q3 2025 Investor Briefing event. Equity Group Holdings Plc posted a 32% growth in Profit After Tax to Kshs. 54.1 billion, up from Kshs. 40.9 billion in the same period last year, marking another quarter of strong performance and resilience. The Group maintained solid profitability with Return on Average Equity of 26.4% and Return on Average Assets of 4.1%, supported by a 16% growth in net interest income and continued efficiency improvements that reduced the cost-to-income ratio to 50.6% up from 55.1%. Regional subsidiaries remained key growth drivers, contributing 45% of Profit Before Tax, 50% of deposits, and 53% of the loan book, with DRC, Rwanda, Uganda, and Tanzania recording robust gains in profitability, deposits, and loans. The results reflect Equity’s ongoing transformation into a diversified, technology-driven regional financial powerhouse with an expanding footprint across East and Central Africa.

Equity Group Announces Strong Q3 2025 Results, Recording A 32% Growth In Profit After Tax Reflecting Strategic Transformation

Equity Group Holdings Plc has announced its Q3 2025 results, showcasing a robust performance driven by strategic transformation and resilience. The Group’s Profit After Tax surged 32% to Kshs 54.1 billion up
October 31, 2025
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Annette Kiconco, the Chief Retail Banking Officer, dfcu Bank.

USSD – Simple But Powerful Amongst The Masses

By Annette Kiconco In November 2023, Tech Cabal, a leading ICT online news website, published a story with the headline: “USSD remains Africa’s most popular payment channel despite growing alternatives.” The article’s
September 9, 2025
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