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TodayThursday, May 07, 2026

Equity Bank

A high-stakes standoff between Prism Construction, government, and Equity Bank threatens Emin Pasha Hotel properties and a Radisson project, exposing unpaid claims, missed directives, and escalating legal and financial risks.
A high-stakes standoff between Prism Construction, government, and Equity Bank threatens Emin Pasha Hotel properties and a Radisson project, exposing unpaid claims, missed directives, and escalating legal and financial risks.

Ignored Presidential Directives in UGX34b Debt Push Emin Pasha Owner Toward Crisis as Equity Bank Again Targets Charged Properties and Puts Radisson Hotel Project at Risk

A deepening financial and legal standoff between Prism Construction and government has escalated into a high-stakes crisis, with Equity Bank moving to realise securities, placing key properties linked to the Emin Pasha
March 30, 2026
A photo collage of Uganda's powerful businessmen; Simba Group's Patrick Bitature, Hamis Kiggundu of Ham Group of Companies, Kampala International University Proprietor, Hassan Basajjabalaba and Dei BioPharma's Mathias Magoola.

Debt, Deals & Disputes: Inside the High-Stakes Legacy-Altering Legal Battles of Ugandan Billionaires — Bitature, Basajjabalaba and Dei’s Magoola

The past five years have not gone particularly well for Uganda’s billionaire class. Once the undisputed symbols of local enterprise and ambition, several of the country’s most prominent businessmen have found themselves
November 10, 2025
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A photo collage of Dr. Joshua Oigara, the Regional Chief Executive for East Africa at Standard Bank Group and also serving co-currently as CEO of Stanbic Bank Kenya, John Gachora is the Group Managing Director and CEO of NCBA Group, Standard Bank Group CEO, Sim Tshabalala.

NCBA Shares Surge as Standard Bank’s Two-Year Courtship Nears the Finish Line

Shares of NCBA Group Plc have hit an all-time high of KSh 75.25, rising 8.27 percent from KSh 69.50, after confirmation that Africa’s largest lender, Standard Bank Group Ltd., is in advanced
October 15, 2025
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Equity Banks Managing Director Gift Shoko planting trees with the students.

Equity Sowing seeds of Impact

As early as 4:30am, Divine Kobusigye the Senior Five Mobiliser at St Julian Secondary School was already dressed in her sparkling well pressed white Shirt and Kaaki skirt. She was beaming with
October 7, 2025
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Whereas banks present a picture of profitability and highly liquid, credit expansion remains weak, and the little lending that takes place is concentrated in consumption and real estate.
Whereas banks present a picture of profitability and highly liquid, credit expansion remains weak, and the little lending that takes place is concentrated in consumption and real estate.

Uganda’s Banking Paradox: Strong, Profitable, and Liquid but Failing to Power Productive Growth

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, profitable, and
September 29, 2025
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Bank of Uganda Governor Michael Ating-Ego speaks during the Uganda Bankers' Association Annual Conference in Kampala. Remittances from Ugandans working overseas had by 2024, according Bank of Uganda, reached $1.5b, up from $1.1b in 2016.
Bank of Uganda Governor Michael Ating-Ego speaks during the Uganda Bankers' Association Annual Conference in Kampala. Remittances from Ugandans working overseas had by 2024, according Bank of Uganda, reached $1.5b, up from $1.1b in 2016.

Uganda’s Most Underused Asset: Why the Remittance System Needs a Total Rebuild

Imagine Amina, a young mother in Kampala, waiting every month for money sent by her brother working abroad. That money pays for her children’s school fees, medicine, and food. But sometimes, the
August 8, 2025
Zemedeneh Negatu, Chairman of the Washington, DC-based capital investment fund, Fairfax Africa Fund, LLC (Left) hands over an award for Best Regional Bank - East Africa to Equity Bank Kenya Head of Women and Youth Banking, Dr. Silpah Owich (Right) at the 2025 African Banker Awards held in Abidjan, Côte d’Ivoire. Equity Bank was named Best Regional Bank in East Africa at the 2025 African Banker Awards, highlighting the Bank’s significant role in deepening financial inclusion, empowering communities, and promoting sustainable economic development across East Africa.

Equity Bank crowned Best Regional Bank in East Africa at the African Banker Awards 2025

Equity Bank has been named Best Regional Bank in East Africa at the 2025 African Banker Awards held in Abidjan, Côte d’Ivoire. This prestigious award highlights the Bank’s significant role in deepening
July 16, 2025
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The Bank of Uganda report is a mixture of caution due to rising incidents of cyber fraud and a celebration of continued growth and resilience.
The Bank of Uganda report is a mixture of caution due to rising incidents of cyber fraud and a celebration of continued growth and resilience.

Digital Credit Doubles, But So Do Cyber Risks: Uganda’s Banking Paradox

As Uganda’s economy gains momentum in its post-pandemic rebound, a quiet contradiction is taking shape in the financial sector. On the surface, there’s cause for celebration. Mobile money volumes are hitting new
July 9, 2025
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Late billionaire Apollo Nyegamehe’s agro-logistics empire, now teeters on the brink of financial rupture as lenders move to auction prime assets under the leadership of his son Harold Byamugisha

Three Banks Move to Auction Late Billionaire Aponye’s Properties Over UGX 15 Billion Loan Arrears

A consortium of commercial banks has initiated proceedings to auction off several prime properties belonging to the late billionaire businessman, Apollo Nyegamehe, popularly known as Aponye, in a sweeping debt recovery effort
July 3, 2025
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