In a significant display of collaboration at the apex of Uganda’s financial sector, on Thursday, July 31, 2025, Mr. Mumba Kenneth Kalifungwa, the new Chief Executive of Stanbic Bank Uganda, paid a courtesy visit to the Governor of the Bank…
In a significant boost to its economic diversification and growth agenda, Uganda has secured USD 150 million (over Shs537 billion) in vital funding from the Arab Bank for Economic Development in Africa (BADEA), earmarked specifically to empower its private sector.…
Uganda’s ambitious drive to transform its tourism and oil and gas sectors, key pillars of its economic future, faces a significant setback after the Ministry of Works and Transport announced the suspension and slowdown of several critical road construction projects…
In a profound display of regional solidarity and strategic economic foresight, the President of Uganda H.E. Yoweri Kaguta Museveni and his Kenyan counterpart H.E. Dr. William Ruto, concluded an official State Visit on Tuesday, July 30th, 2025, by signing eight…
Ugandan women entrepreneurs, recognised as powerful drivers for socio-economic transformation, are set to gain unprecedented access to tailored and affordable financing solutions, thanks to a global partnership led by the World Bank Group and championed locally by Stanbic Bank Uganda.…
Uganda is charting a bold new course for inclusive economic growth, with a particular focus on empowering women in trade and nurturing future generations of entrepreneurs. The Breaking Barriers to Trade conference, held in Kampala on Tuesday, served as a…
The 8th Annual Uganda Bankers Conference 2025 concluded on Tuesday with a powerful summation from Kenneth Mumba Kalifungwa, the Chief Executive Officer of Stanbic Bank Uganda, who underscored the pivotal role of remittances, financial technology (FinTech), and sustained collaboration in…
Uganda is rapidly advancing its position as a significant player in the global gold market, driven by an ambitious strategy to expand domestic gold production and increase value-added activities. This ambitious agenda received a substantial boost with the official commissioning…
In a move signalling a strong commitment to its most valuable asset, its people, dfcu Bank has announced the strategic appointment of Marsha Nyonyozi Walusimbi as its new Chief of People and Culture Transformation. This key leadership role underscores dfcu…
When global insurance giants shake hands, the tremors are felt far beyond boardrooms, reshaping markets and perceptions across entire economies. In East Africa, and particularly in Uganda, the Sanlam–Jubilee Allianz merger has done precisely that. Quietly finalised and operationalised in…
The 3rd Edition of the Annual Agriculture Awards 2025 concluded over the weekend at the Imperial Royale Hotel in Kampala, spotlighting excellence and innovation vital for Uganda’s agricultural sector. Held under the theme “Celebrating Excellence and Innovation in Agriculture,” the…
A renewed commitment to a key partnership between the United Nations Economic Commission for Africa (ECA) and the Arab Bank for Economic Development in Africa (BADEA) is set to unlock significant benefits for Uganda and Africa at large. During a…
After years of strategic planning and significant investment, Uganda’s long-awaited journey to become an oil-exporting nation is about to be realised. The East African Crude Oil Pipeline (EACOP), a pivotal USD5 billion infrastructure project, has officially entered its “12-month sprint,”…
Uganda is set to host a landmark gathering that will redefine Africa’s development finance landscape. The Uganda Development Bank (UDB), in partnership with the Ministry of Finance, Planning and Economic Development on Thursday, July 24th, 2025, officially launched the Uganda Development…
In a significant development for Uganda’s growing fintech landscape, the Bank of Uganda (BoU) has formally approved the appointment of Doreen Rutazaana as a Director to the Board of Directors of Micropay (U) Limited. This regulatory green light, following an…