loans Archives

Fabian Kasi, Centenary Bank Managing Director

Q&A WITH FABIAN KASI: Centenary Bank’s Continued Growth, Sector Resilience, and the Human Side of Leadership

On the sidelines of the just-ended Annual Bankers Conference, CEO East Africa Magazine’s Paul Murungi caught up with Fabian Kasi, Managing Director of Centenary Bank, for a quick dipstick on the bank’s

August 14, 2025

Banking & Financial Services·The Big Story

A photo collage of Uganda's Finance Minister Matia Kasaija and URA Commissioner General John Musinguzi Rujoki

EXPLAINED: What’s New on Taxes in Uganda’s 2025/26 Budget?

Uganda has set an ambitious target to raise UGX 37.2 trillion in domestic revenue in the Financial Year (FY) 2025/26, representing a sharp increase from the projected UGX 31.9 trillion in FY2024/25,

June 12, 2025

Politics & Goverment·The Big Story

A photo collage of MTN Group CEO, Ralph Mupita, MTN Uganda CEO, Sylvia Mulinge, MTN Mobile Money CEO, Richard Yego, MTN Company Secretary, Enid Edroma and MTN CFO, Andrew Bugembe.

MTN Uganda Begins Gradual Separation of Mobile Money Business to Attract Fintech Investors

MTN Uganda has officially announced a landmark proposal to structurally separate its mobile money and fintech operations from the core telecommunications business, a move set to redefine the company’s financial services footprint

June 11, 2025

The Big Story

Uganda Development Corporation (UDC) Executive Director, Patrick B. Birungi.

UDC’s Patrick B. Birungi Faces the Heat: UGX 1 Trillion Empire in Limbo Amid Uncollected Loans, Unspent Billions, and Governance Gaps

Uganda’s grand industrialisation project, fronted by the Uganda Development Corporation (UDC) under the stewardship of its Executive Director Patrick B. Birungi, is facing a reckoning. A forensic review of UDC’s books for

June 2, 2025

The Big Story

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 reports 24% Growth in Agribusiness Loan Book

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

April 24, 2025

Agriculture & Agro-industry·Banking & Financial Services·News & Analysis

URSB Registrar General, Mercy K. Kainobwisho

Search for credit: Borrowers register 10,730 securities worth UGX 16 trillion with URSB

Uganda Registration Services Bureau (URSB) registered a significant increase in borrower securities or collaterals under the Security Interest in Movable Property registry in the year ended June 2024, an indication of increased

March 12, 2025

Banking & Financial Services·Business & Markets·The Big Story

Soumendra Sahu- Airtel's Managing Director who was appointed in October, 2024, has delivered a strong performance for Airtel with

Airtel Uganda reports UGX 317 billion in net profit as voice and data revenues grow

Airtel Uganda has reported a profit after tax (PAT) of UGX 316.7 billion for the 12 months to December 2024, signalling improved performance compared to in the same period in 2023. The

February 20, 2025

Banking & Financial Services·East Africa·News & Analysis·The Big Story

A photo collage of Uganda's Finance Minister Matia Kasaija, Energy Minister Ruth Nankabirwa and Umeme Managing Director Selestino Babungi. The three will play a pivotal role in the Umeme buyout.

Govt seeks to borrow UGX697b from Stanbic Bank to fund Umeme buyout

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February 17, 2025

Banking & Financial Services·East Africa·Global News·News & Analysis·Politics & Goverment·The Big Story

Francis Karuhanga, Chief Executive of Stanbic Holdings Uganda Limited (SUHL) making remarks during the Forum.

Stanbic Bank boosts unsecured SACCO loans from sh200m to sh4 billion

Stanbic Bank Uganda has announced an increase in its unsecured loan offering to Savings and Credit Cooperative Organizations (SACCOs) from sh200 million to sh4 billion, attained at an interest rate of only

November 21, 2024

Global News·News & Analysis

A photo collage of top banking executives in Uganda

Ugandan Banks harvest UGX 1.4 trillion in net profits as assets grow to UGX 53 trillion- Bank of Uganda data

Latest data from Bank of Uganda (BOU) shows Ugandan banks and other supervised financial institutions, remain profitable and adequately capitalised following a surge in net-after-tax profit to UGX 1.4 trillion registered for

November 14, 2024

The Big Story