By RTN Kalikumutima Deo There are moments in a nation’s life when an external decision, seemingly adverse, even unfair, forces an uncomfortable but necessary reckoning. The recent tightening of United States visa conditions for Ugandans, including the introduction of substantial visa bonds, is one such moment. It has stirred frustration, anxiety, and indignation. Yet history teaches us that nations do not rise by lamenting closed doors; they rise by building their own houses so well that the world eventually knocks. Every sovereign state governs itself through law. The United States has acted squarely within the confines of its immigration framework,…
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For anyone who grew up in Uganda in the 1980s and 1990s, it is impossible not to marvel at Caleb Rwakatungu Snr’s ability to extract so much from so little. This was a time when school fees were precarious, social safety nets were thin, and a single disruption could derail an entire household’s future. To raise eight children under those conditions — and to send them to some of the country’s best schools — bordered on the improbable. In many ways, Mr. Rwakatungu Snr resembles the biblical servant in the Parable of the Talents — entrusted with little, yet multiplying…
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Stanbic Bank’s Head of Personal Banking, Israel Arinaitwe, often returns to a lesson Adam Smith captured in The Wealth of Nations: economic progress depends on a society’s stock of capital. To him, it’s not just a theory—it’s a mindset Ugandans can adopt to improve their lives today and strengthen the future for generations to come. In an interview with the CEO East Africa Magazine, Israel frames that idea through Stanbic Bank’s latest brand campaign, Keep Growing. He describes it as more than a slogan, rather, a national call to action aligned to the bank’s purpose. “At Stanbic, we say, Uganda…
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Uganda’s agricultural sector once again took centre stage as the dfcu Bank–Vision Group Best Farmers Awards 2025 recognised outstanding farmers for innovation, resilience, and excellence across the value chain. This year’s event also marked 11 years of partnership between dfcu Bank and Vision Group, reinforcing a shared commitment to growing Uganda’s agribusiness potential. Held at the Vision Group Head Office in Kampala, the ceremony brought together farmers, policymakers, private-sector leaders, and development partners, highlighting agriculture’s central role in the economy and future development. The initiative continues to spotlight farming not only as a livelihood, but as a profitable business that…
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Appointed in June 2020, Peter Ssenyange is the Chief Financial Officer at Pearl Bank (formerly PostBank Uganda Limited), and is part of the leadership team that is transforming the bank into a value driver in the Ugandan economy. Under his leadership, the bank has achieved sustainability certification, won the Sustainability Award, and he was named CFO of the Year for his role in redefining sustainable finance and corporate governance in Uganda at the CFO Awards 2025, an initiative launched by Deloitte Uganda and ACCA Uganda. The awards highlight the critical role played by finance professionals in driving financial stewardship, strategic…
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By Musa Musazi, A few weeks ago, I met a hardware shop owner in one of our upcountry branches. He told me that while digital payments have made business easier,…
MTN Uganda has bounced back from the one-off impact of a UGX 110.9 billion tax settlement with Uganda Revenue Authority (URA). The telecom reported a steady rebound in profit and double-digit revenue growth in its nine-month results to September 2025. MTN posted a 2.6% rise in profit after tax to UGX 471.2 billion, but excluding the tax settlement, underlying profit surged by 26.7% to UGX 582.1 billion. “Our nine-month performance reflected our continued commercial execution and momentum in a competitive operating environment, mitigated by some benefit from the ongoing macroeconomic stability in the country,” said Sylvia Mulinge, Chief Executive Officer…
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BY BONNY KOMAGUM The recent 3.2% appreciation of the Ugandan Shilling against the US dollar has become a major talking point in economic discussions across the country. Over the 12…
Uganda on Tuesday launched a new national Sustainable Finance Curriculum aimed at reshaping the country’s financial sector toward inclusive growth, environmental protection, and climate resilience. The initiative, unveiled at the…
Centenary Bank, the largest commercial microfinance bank in Uganda, joined women entrepreneurs, policymakers, and development partners at the annual Women Enterprise Conference with a shared goal of bridging the financial and economic…
