For years, Uganda’s digital lending sector has expanded at breathtaking speed, but without the underlying visibility required to support responsible growth. Borrowers have increasingly turned to mobile money as their…
MTN MoMo Uganda, in partnership with dfcu Bank and Letshego Uganda, has launched two new digital loan products aimed at giving more than 250,000 mobile money agents instant access to working capital. The move addresses a longstanding liquidity challenge that has constrained agent operations for years. The products, dfcu Bank Weekend Agent Loan and Letshego Agent Loan Float, have been added to the MoMo Agent Loans Marketplace, marking one of the most significant developments in Uganda’s digital financial services ecosystem in 2025. The launch aligns with MTN’s “Power To Be More” campaign, reinforcing its mission to empower agents and improve…
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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 inclusion in Uganda, as the CEO East Africa Magazine, Muhereza Kyamutetera, writes. The Bank of Uganda (BoU) has applauded Pearl Bank Uganda Limited for its seamless transition from PostBank, following a courtesy visit by Managing Director & CEO Julius Kakeeto to Governor Dr Michael Atingi-Ego. The courtesy meeting at BoU featured a symbolic handover of Pearl Bank’s operating license—originally issued earlier on 10th September 2025—marking yet another key…
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The Bank of Uganda (BoU) has issued an operating license to Pearl Bank Uganda Limited, which formerly operated as PostBank Uganda, paving the way for the institution to commence business under its new name and identity. The license was handed to the Bank’s Managing Director, Mr. Julius Kakeeto, by the Bank of Uganda Governor, Dr. Michael Atingi-Ego, a symbolic phase in the Bank’s rebrand journey, signifying its official crossover from PostBank to its current designation, Pearl Bank Uganda Limited. The regulatory approval to rebrand to Pearl Bank follows the Bank’s five-year transformation strategy and its earlier elevation to a Tier…
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Centenary Bank has once again affirmed its position as a leading digital-first financial institution after scooping four major accolades at the Digital Impact Awards Africa (DIAA) 2025, one of the…
Stanbic Bank Uganda has launched a powerful new brand campaign—Keep Growing—positioned as both a celebration of Uganda’s resilience and a reaffirmation of the bank’s role in powering the nation’s long-term…
In all of Uganda’s government programmes, no initiative has captured the spirit of grassroots transformation quite like the Parish Development Model (PDM).It is the most ambitious effort yet to connect public finance directly to ordinary citizens, taking government services, credit, and enterprise support to the parish—the lowest administrative level of Uganda’s economy. Launched in February 2022, the PDM seeks to transition 3.5 million subsistence households into the money economy by channelling resources to local communities. The results are already visible: UGX 3.29 trillion disbursed to over 2.4 million households, and financial inclusion rising from 77% in 2018 to 81% today….
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Wearing a Clifton black top, a black skirt with matching black heels, Winfred Phiona Adong walked into Hotel Africana’s Ssezibwa Hall with quiet confidence. When she spoke, she was calm…
dfcu Bank has announced a strategic partnership with MANTRAC Uganda, the authorized dealer of Caterpillar equipment, to provide businesses with affordable, flexible, and comprehensive financing solutions for brand-new machinery and…
Centenary Group has opened a state-of-the-art commercial complex, the Centenary Group House in Mbale City, marking a significant milestone in the Group’s commitment to regional development and investment in Uganda’s…
