Tag Bank of Uganda

Richard Yego Champions Financial Inclusion as MTN MoMo Powers Cashless Uganda International Trade Fair

Under the leadership of its Chief Executive Officer, Richard Yego, MTN MoMo Uganda is taking a significant step to champion financial inclusion and accelerate Uganda’s digital transformation. This follows Yego’s announcement of a strategic partnership with the Uganda Manufacturers Association…

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Building the Nation: Ecobank Uganda Fuels National Development with Shs950 Million Facility

Under the visionary leadership of Muliisa Grace as Managing Director, Ecobank Uganda has achieved a historic milestone by arranging a €230 million (approximately Shs950 billion) syndicated loan to fuel Uganda’s economic transformation. This groundbreaking transaction, which was recently approved by…

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SanlamAllianz Re Signals Strategic Push for Innovation and Global Expertise in Africa With Tobias Suek as New CEO

In a move set to reshape its strategic direction, SanlamAllianz Re, the reinsurance arm of SanlamAllianz, has appointed Tobias Suek as its new Chief Executive Officer, effective October 15, 2025. This appointment signifies the company’s commitment to leveraging global expertise,…

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Uganda’s Oil Ambitions Face Delays After Auditor General Flags Critical Shortfalls Ahead of First Oil Production

Uganda’s journey to becoming an oil-producing nation is facing significant hurdles, with a report from the Auditor General (AG) Mr. Edward Okwakol, revealing critical delays and underfunding across major projects. According to the report, while the government had set a…

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Centenary Bank Lauded as Top-Performer for Disbursing Shs24.7 Billion Grow Project Money to Empower Women Entrepreneurs

Centenary Bank is being hailed as the top-performing partner in the Generating Growth Opportunities and Productivity for Women Enterprises (GROW) project, a high-impact initiative aimed at empowering women entrepreneurs and underserved communities. During a high-level review meeting held on Thursday,…

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World Bank Women Empowerment Initiative Stalls as Shs41Bn GROW Project Money Lies Idle in Banks

A World Bank-funded project designed to empower women entrepreneurs across Uganda, popularly known as ‘GROW’, is facing significant challenges, with a new report revealing that a massive Shs41.22 billion in funding remains unspent. The Generating Growth Opportunities and Productivity for…

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