Tag Financial Sector

Uganda’s Central Bank Joins Global Financial Dialogue: Dr. Atingi-Ego Addresses INGO Challenges at Washington Roundtable

The Bank of Uganda (BoU), under the leadership of Governor Dr. Michael Atingi-Ego, early this week participated in the Treasurers and Insurance Roundtable held in Washington, D.C., USA a pivotal global convening that brought together leading practitioners from the humanitarian…

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Sustainable Finance: Stanbic Bank Clinches Coveted NEMA Environment Sustainability Award  

Stanbic Bank Uganda has again cemented its position at the forefront of environmental stewardship, receiving the much-coveted National Environment Management Authority (NEMA) Sustainability Award in the financial institutions category. This prestigious accolade, presented at a vibrant ceremony held at the…

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Afreximbank’s Leadership Transition: Dr. George Elombi’s Presidency Signals Stability and Growth

The African Export-Import Bank (Afreximbank), a pivotal institution in financing and promoting intra- and extra-African trade, is poised for a new chapter of leadership. Its shareholders have officially appointed Dr. George Elombi as the Bank’s next President and Chairman of…

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From Microfinance to Macro-Impact: Pride Bank’s Leap to Full Commercial Banking Set to Ignite Uganda’s Economy

Pride Bank Limited on Tuesday, June 24th, 2025, during a function held at its head offices in Bukoto, Kampala, announced its monumental evolution from a microfinance deposit-taking institution (MDI) into a full-fledged commercial bank. This upgrade, coupled with the launch…

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Sustainable Prosperity and Economic Growth: Airtel Uganda Pays NSSF Over Shs50 Billion in Dividends

Airtel Uganda today announced a significant financial milestone, paying Shs50.31 billion in dividends to the National Social Security Fund (NSSF), its biggest investor. This substantial payment stems from NSSF’s strategic investment in Airtel Uganda, underscoring a powerful narrative of shared…

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