In the modern economy, the power to transact defines the power to participate. Yet for millions of Ugandans, especially in rural communities, this power has long been out of reach. …
dfcu Bank has revamped its *USSD 240# platform, making banking easier, faster, and more inclusive for Ugandans. With no need for smartphones, internet, or airtime, customers can check balances, transfer…
With retail and SME lending delivering double-digit growth and a major digital overhaul complete, Robin Bairstow, CEO of I&M Bank Uganda, is steering the bank into its next growth phase….
Uganda’s remittance inflows are worth more than USD 1.4 billion a year — a figure Julius Kakeeto, Managing Director of PostBank and Chairman of the Uganda Bankers’ Association, believes can…
At the recently concluded Annual Bankers Conference, some of Uganda’s most influential banking leaders stepped away from the boardroom and into the spotlight. Representing institutions that collectively control a significant share of the industry’s deposits, loans, and profits, these CEOs shape the pulse of Uganda’s financial system and, by extension, much of the country’s economic direction. Among them were Julius Kakeeto of PostBank and Chairman of the Uganda Bankers’ Association; Mumba Kalifungwaof Stanbic Bank Uganda; Sanjay Rughani of Standard Chartered; Fabian Kasi of Centenary Bank; Godfrey Sebaana of Diamond Trust Bank Uganda; and Robin Bairstow of I&M Bank Uganda. Together,…
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Ugandans living and working in South Africa now have greater opportunities to invest back home following Equity Bank’s entry into the country, marking the first time the East Africa financial…
Running a business in Uganda is not easy. For many small and medium enterprises, survival means battling delayed financing, risky cash handling and limited access to markets. Nuhu Kanyike, the…
Every month, tens of thousands of Ugandan households receive life-sustaining remittances from family members living abroad. These funds, estimated at over USD 1.4 billion annually according to the Bank of Uganda figures, are crucial for household consumption, school fees, health care, and small-scale investments. Willy Mutenza, a UK-based Ugandan entrepreneur argues that despite their economic weight, the remittance market in Africa is dominated and tightly controlled by an ecosystem of foreign players such as Western Union, WorldRemit, and MoneyGram. While they provide scale, their profits are largely repatriated, limiting domestic reinvestment and innovation. These operators, while efficient in speed and…
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Absa Bank has strengthened its Board of Directors with the appointment of two seasoned professionals—Hassan Saleh, Managing Director of MultiChoice Uganda, and Gloria Byamugisha, Group Chief Human Resource Officer at Dangote Cement. The two have been appointed as Non-Executive Directors, in a move set to strengthen the bank’s governance and drive its next phase of strategic growth and innovation. The new appointments, announced on Thursday, bring to the board a combined wealth of expertise in commercial leadership, digital transformation, and human capital development across regional and international markets. “We are pleased to welcome Hassan and Gloria to the Board of…
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In partnership with PostBank Uganda, the Women in Business Awards (WiBAS) has skilled over 719 Women in the second edition of the WiBAS Handholding Workshop, aimed at equipping women entrepreneurs…
