For many Ugandans, land and buildings are the default investment. Yet returns on real estate often lag behind fixed deposits once costs are factored in.
A fixed deposit is the plainest promise a bank can make. Lock away your money for a set period, and in return, you get a guaranteed return. It is designed for savers
A photo collage of top Ugandan Bank CEOs. In the top row; Uganda Bankers Association Chairman and Postbank Managing Director- Julius Kakeeto, Centenary Bank Managing Director, Fabian Kasi, Stanbic Bank Uganda CEO, Mumba Kalifungwa. Bottom row: I&M Bank CEO, Robin Bairstow, Diamond Trust Bank CEO, Godfrey Sebaana and Standard Chartered CEO, Sanjay Rughani.
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
Agribusiness SMEs and cassava farmers from Arua District who benefited from value addition training under the Postbank Agri-SME Skills Development Programme. Postbank's loan book growth has been as a result of such training initiatives.
PostBank Uganda has recorded a 24% growth in its agribusiness loan book between 2023 and 2024, reflecting the bank’s robust commitment to transforming Uganda’s agricultural sector. This growth is a testament to
In a recent ruling that has captured the attention of Uganda’s business community, businessman Haruna Sentongo, the brother of billionaire businessman Hamis Kigundu, has been ordered by Uganda’s Court of Appeal to
Money lenders and some private sector players have warned of dire consequences to the economy over the new interest cap of 2.8 percent per month for money lenders instituted by the Uganda
The Governor of Bank of Uganda, Professor Emmanuel Tumusiime Mutebile, has today threatened to take retaliatory statutory action on the banking industry over its reluctance to cut interest rates in line with
Bank of Uganda faces scrutiny after cancelling the National Payments Switch tender, raising concerns over transparency, influence peddling, and procurement integrity. Allegations of favoritism and government interference spark debate on fair competition and financial sector governance in Uganda.
Ahead of the Central Bank’s announcement of its June 2020 Monetary Policy, experts have predicted that Bank of Uganda, will further cut its Central Bank Rate (CBR), in a bid to stimulate
Bank of Uganda sold Crane Bank for Shs200 billion to Dfcu Group; payable over 3 years, in just 11 months after the contentious deal, Dfcu has reported earning Shs260 billion on the