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…
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…
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…
The NCBA Golf Series 2025 officially teed off in Uganda this week, marking the beginning of an exciting journey to discover new talent, foster community growth, and promote regional connections. This year’s tournament series promises to be bigger and better,…
The management and staff of Stanbic Bank Uganda this week bid a proud and heartfelt farewell to Ms. Eva Grace Kavuma, who officially retired from the Board of Directors on May 28, 2025, after nine remarkable years of steadfast leadership…
PostBank Uganda’s attainment of Tier One status is a significant milestone that reflects the bank’s strong performance and commitment to serving its customers. This achievement not only demonstrates the bank’s financial stability but also enhances its competitiveness in the market.…
During the inaugural ceremony of this year’s Brand Africa 100 awards in Addis Ababa, Ethiopia, Standard Bank Group emerged as the Most Admired Financial Services Brand in Africa! The announcement was made by Thebe Ikalafeng, the Founder of Brand Africa,…
Dfcu Bank has taken a significant step towards driving economic growth and transformation in Uganda with the launch of the dfcu Foundation. The Foundation, which was first established in 2017 as the Agribusiness Development Centre, has transitioned into a full-fledged…
The Uganda Bankers’ Association (UBA) has officially inaugurated the UBA Agro-Industrialisation, Tourism, Mineral development, and Science (ATMS) Technical Working Group, with Stanbic Bank’s Executive Director and Head of Corporate and Investment Banking, Mr. Paul Bitature Muganwa, at the helm as…
In a significant milestone for Uganda and African women, Dr. Patricia Ojangole, the Managing Director of Uganda Development Bank (UDB), has been appointed Chairperson of the Association of African Development Finance Institutions (AADFI). This appointment is a testament to Dr.…
The Bank of Uganda has issued a stern warning to the public against using their National IDs as collateral for moneylenders. This warning was made during the Bank of Uganda Town Halls, a community outreach campaign aimed at fostering capacity…
A game-changing opportunity has emerged for small and medium-sized enterprises (SMEs) across Sub-Saharan Africa. The TLG Africa Growth Impact Fund II, backed by a USD 10 million commitment, is poised to bridge the critical credit gap for businesses in the…