Marked annually on 8th March, International Women’s Day (IWD) is a global day celebrating the social, economic, cultural, and political achievements of women. For many communities and organisations, the third month of the year has turned into a month-long celebration of…
Sylvia Mulinge, CEO MTN Uganda MTN Uganda reports a 16.1 percent growth in revenues to 2.63 trillion shillings for the year 2023. Most of the revenues, (1.12 trillion) still came from voice services which grew by 11.6 percent, while the…
Photo Courtesy: Bamburi Cement PLC Bamburi Cement PLC has sold 1.3 million ordinary shares of its Ugandan unit to Sarrai Group Limited and Rwimi Holdings amidst shrinking demand in the cement market. The cement company revealed plans to relieve its…
Michael Mugabi, Managing Director/CEO of Housing Finance Bank highlighted what he described as the bank’s strategic focus on enabling micro, small, and medium enterprises (MSMEs), especially those owned by women. Uganda’s Housing Finance Bank (HFB) has joined forces with EIB…
NSSF Managing Director Patrick Ayota. The National Social Security Fund (NSSF), Uganda’s national savings scheme, has hit Ugshs 20 trillion in Assets Under Management (AUM), one and a half years ahead of schedule, according to the Fund’s 10-year Strategic Plan.…
Mumba Kenneth Khalifungwa, Managing Director of Absa Uganda, expressed that “Your story matters because it intertwines with ours, shaping the future of Africa together, and one narrative at a time.“ In a groundbreaking move towards customer-centric banking, Absa Group, a…
Courtesy Photo: Cipla Quality Chemical Industries Uganda Quality Chemical Industries has dropped the Cipla name in a process that signals completion of a 51.18 percent share purchase by Africa Capitalworks. The purchase process has been ongoing since April last year with…
Courtesy Photo: Chief Executive Officer, Mark Muyobo NCBA Bank unveiled its revamped Premier Banking offering, targeting premier banking customers, prospects, and high-value stakeholders. The key features of the enhanced offering include extended banking hours at select branches, allowing customers to…
In the dynamic landscape of global finance, staying informed about the pulse of financial markets is imperative for businesses, especially local brands striving to make a mark across the continent, and as Publicist East Africa, in partnership with Brand Africa…
DR. Julia Clare Olima Oyet, the esteemed CEO of DPF, has expressed satisfaction with the unprecedented speed at which the settlement of EFC claimants is being handled. Remarkably, claimants are set to receive their compensations within an impressive 10 days…
If Uganda emerges as a pioneer in sustainable finance within the region, it positions the country as a leader in responsible financial practices. This leadership role can enhance diplomatic relationships, partnerships, and collaborations with other nations committed to sustainability.
I&M Group PLC increased its operating income by 23% to KES 19.1 billion in the first half of 2023, up from KES 15.6 billion in the same period in 2022. The operating income was boosted by growth in both corporate…
As one of the strategies to further improve customer experience and deliver services to its customers conveniently, Equity bank has launched a high-tech contact centre. The new Contact Centre will allow the Bank to deliver improved support conveniently to the…
Ecobank Uganda is allowing its customers to obtain loans with a pay-back reprieve of 60+ (up to 75) holidays. Having this grace period allows customers to prepare their payment plans accordingly. “This week is a special moment for us,” remarked…
Stanbic and dfcu banks are the only Ugandan banks that have appeared in the East African Top 20 banks despite banks recovering from the impact of the coronavirus pandemic. The latest annual survey by South Africa’s African Business Magazine ranks…