Financial Sector

Absa Bank Acquires Standard Chartered’s Retail and Wealth Business in Uganda

Paul MurungiThe Big StoryOctober 24, 2025October 24, 2025

Absa Bank Uganda has entered into an agreement to acquire the Wealth and Retail Banking (WRB) business of Standard Chartered Bank Uganda. The acquisition marks a major shift in Uganda’s…

Bank of Uganda (BOU) to regulate mortgage refinancing institutions.

Brian EmorutCompany NewsGovernment AgenciesMarch 13, 2025March 13, 2025

Bank of Uganda is set to regulate operations of mortgage refinancing institutions once the Mortgage Refinance Institutions Bill, 2025 is passed into law. The Bill mandates the Central Bank to…

Importance of Expanding Financial Solutions for Economic Growth in Uganda

CEO East Africa MagazineThought LeadershipFebruary 27, 2025February 27, 2025

By Gloria Kunihira Mujuni, Head -Retail Products, dfcu Bank. Access to finance is a fundamental pillar for economic growth, yet many individuals, small businesses, and educational institutions in Uganda struggle…

Agent banking the game changer of Islamic Banking in Uganda 

John Paul SsemyaloFinanceThought LeadershipFebruary 19, 2025February 19, 2025

The bridge between agency banking and Islamic banking could revolutionize the way banking services are delivered and consumed in Uganda. When Islamic banking was introduced in Uganda, it generated a…

Uganda’s Banking Sector Gears Up to Support Ambitious USD500 bn GDP Growth Plan

Muhereza KyamuteteraIndustry & AnalysisThe Big StoryFebruary 19, 2025February 19, 2025

The Uganda Bankers’ Association (UBA) has reaffirmed its commitment to supporting the Ugandan government’s ambitious economic expansion strategy, which aims to grow the country’s GDP from USD 50 billion to…

Cracking Opportunities with Kigali International Financial Centre (KIFC) Club Membership

Jean Claude NshimiyimanaAfricaCompany NewsFinanceGlobal NewsThe Big StoryThought LeadershipJanuary 6, 2025January 8, 2025

Imagine stepping into Africa’s booming financial sector with a community behind you, ready to help you connect, grow, and lead. Becoming a member of the Kigali International Financial Centre (KIFC)…