Pioneering Sustainable Finance for Smallholder Farmers and Agribusinesses This week, Publicist East Africa proudly features Mona Muguma Ssebuliba, Chief Executive Officer of aBi Finance Limited, as our Captain of Industry a leader who is proving that financial innovation, when anchored…
Key Financial Highlights Absa Bank Uganda has announced impressive financial results for the year ended December 31, 2024, with profit after tax surging by 22% to Sh178 billion, up from the previous year. The bank’s total revenue grew by 15% to Sh546…
The Ministry of Finance, Planning, and Economic Development has announced the release of funds for the fourth quarter (Q4) of the 2024/25 financial year, alongside a positive outlook on Uganda’s economic performance. The press statement, delivered by Permanent Secretary Ramathan…
Uganda has secured €85 million (approximately UGX 340 billion) in development aid from France to significantly improve both water infrastructure and broader urban development in the Greater Kampala Metropolitan Area (GKMA), Finance Minister Matia Kasaija announced Wednesday. The loans, signed…
The Bank of Uganda’s Monetary Policy Committee (MPC) decision to maintain the Central Bank Rate (CBR) at 9.75% reflects a delicate balancing act between supporting economic growth and mitigating inflationary risks. While the Ugandan economy continues to exhibit strong growth,…
Equity Bank Uganda recently celebrated the graduation of its first cohort of Equity Leaders Program (ELP) scholars, who have successfully completed their 3-year University Bachelor’s degree programs. The ELP, an initiative under the Equity Group Foundation, aims to nurture academically…
MTN Uganda has announced a significant 29.7% increase in net profit to Shs 295.7 billion for the half-year ended June 2024, driven by robust growth in voice, data, and fintech services. The telecom company’s voice revenues rose by 15.1% to…