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…
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,…
Uganda’s High Court has issued a decision that reshapes the rules of engagement in tax disputes. The decision gives clarity on the much-contested 30% deposit requirement and reins in the…
On September 4, 2025, Justice Susan Odongo of the Commercial Court Division of the High Court in Kampala ruled against an application by the Baitwa brothers and their company to…
Ravneet Chowdhury is the CEO of DTB Tanzania, a position he has held since 1st October 2020. He has over 3 decades of Banking knowledge and global exposure in executive…
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…
In a strategic move aimed at deepening its customer-centric agenda and accelerating its retail and SME banking growth, Absa Bank Uganda has appointed seasoned banker Moses Rutahigwa as the new…
Yustus Aribariho, one of Uganda’s finest brains in the financial services space, has spent more than two decades of his banking career at Standard Chartered Bank. He is no stranger…
Seasoned Banker and former Equity Bank Executive Director for Public and Social Investments, Elizabeth Mwerinde Kasedde has been appointed to lead commercial banking operations at EcoBank. Ms. Mwerinde took to…
Prudential Uganda and Standard Chartered Bank Uganda have announced a transformative partnership aimed at expanding financial inclusion and enhancing access to financial protection solutions in Uganda. This collaboration marks a…
