The Uganda Development Bank (UDB) is being lauded for its pivotal role in driving Uganda’s socio-economic transformation, significantly contributing to the nation’s economic growth and the realisation of the government’s development goals. Through strategic investments in key sectors, such as…
Centenary Bank, under the leadership of Dr. Fabian Kasi, has been recognised for its outstanding contributions to Uganda’s economic growth, receiving two prestigious awards and three certificates of recognition from the Bank of Uganda. This impressive achievement is a testament…
Financial reporting is more than just a regulatory requirement; it’s a powerful tool for institutions to communicate their value and impact to stakeholders. According to Peter Ssenyange, the Chief Financial Officer of PostBank Uganda Ltd, “Financial statements tell you what…
Stanbic Bank is revolutionising the way Ugandans make payments with its innovative FlexiPay solution. To celebrate the convenience and benefits of FlexiPay, the bank has launched a campaign dubbed ‘Flexipay Cashback Xplosion’, which offers instant cashbacks on every purchase made…
Stanbic Bank Uganda has partnered with UNICAF, a leading Pan-African online education platform, to offer up to 82% scholarships to qualifying students pursuing internationally accredited degrees and professional development courses. The partnership will support Stanbic Bank clients pursuing internationally accredited…
Uganda’s Tourism and Investment Roadshow is making significant strides in Turkey, building connections and promoting the country’s unique tourism offerings and investment opportunities. On Day 1, June 16, 2025, a Ugandan delegation consisting of representatives from the Ugandan Embassy in…
FINCA Uganda’s Chief Executive Officer (CEO), Mr. James Onyutta, has marked another year of impactful leadership, driving the organisation towards greater financial inclusion and empowerment. Under his guidance, FINCA Uganda, a microfinance institution, has continued to expand its outreach, particularly…
Uganda’s Minister of Finance, Planning and Economic Development, Hon. Matia Kasaija, a few days ago unveiled the UGX 72.3 trillion National Budget for FY 2025 According to Anita Badagawa Mpora, a Ugandan energy expert with the Petroleum Authority of Uganda…
Proscovia Nabbanja, the Chief Executive Officer (CEO) of the Uganda National Oil Company Limited (UNOC), today participated in a panel discussion at the Energy Asia summit in Kuala Lumpur, Malaysia, running from June 16th to 18th, 2025. The summit’s theme, “Strategies…
Uganda’s industrial sector has undergone significant transformation over the years, and the impact is being felt across the country. According to Hon. Evelyn Anite, the State Minister of Finance for Investment and Privatisation, the sector has been instrumental in improving…
The Uganda Bankers Association (UBA) has elected Cathy Adengo as the Chairperson of its Sustainability Committee. Adengo, who is also the head of Sustainability at Stanbic Bank Uganda, will lead an executive committee comprising members from prominent banks, including Stanbic…
Team MTN Uganda, led by Sylvia Mulinge, the Chief Executive Officer (CEO), this week took its flagship staff volunteerism initiative, the 21 Days of YelloCare, to the Alur Kingdom in Pakwach District, demonstrating its commitment to community development and social…
The Uganda Securities Exchange (USE) has warned investors against investing money in Umeme’s shares at a time when the company is reporting losses for the financial year 2023 A statement issued by the USE regarding this matter reads in part,…
Uganda’s coffee industry is poised for significant growth with the launch of its third Connect Hub in Serbia. The hub, located in Zajecar, will facilitate trade logistics, promote value-added Ugandan products, and strengthen diplomatic and economic ties between Uganda and…
The digitisation of the Parish Development Model (PDM) fund is a significant step towards enhancing economic growth and development in Uganda. This revelation was made today by Hon. Matia Kasaija, the Minister for Finance, Planning and Economic Development, as he…