On December 17, 2025, Uganda took a quiet yet transformative step in its financial evolution with the launch of the Okusevinga Money Market Unit Trust Scheme Pilot. While the announcement was subtle, its implications are monumental. Conceptualised over several years…
The banking sector in Uganda remains robust and highly resilient despite prevailing global economic volatility, according to Mr. Michael Atingi-Ego, Governor of the Bank of Uganda (BoU). Following an engagement this week with the Uganda Bankers’ Association (UBA), the Governor…
The dialogue, held in Kampala, emphasised the urgency of transitioning customary land ownership into a legally recognised form of collateral to unlock affordable finance for smallholder farmers and Micro, Small, and Medium Enterprises (MSMEs). The consensus among stakeholders was clear:…
Recognising that the battle against financial fraud is now fought in the digital space, Stanbic Bank Uganda, in collaboration with the Uganda Bankers Association (UBA), has launched a strategic initiative engaging online media personalities, digital editors, and social-media influencers in…
The official handover of the operating license to Pearl Bank Uganda Limited by the Governor of the Bank of Uganda (BoU), Dr. Michael Atingi-Ego, marks a significant milestone that dramatically repositions the institution for accelerated growth in market share. The…
PostBank Uganda Ltd, under the leadership of Mr. Julius Kakeeto as Managing Director, is celebrating a major institutional and strategic evolution, culminating in its reinvention as Pearl Bank. This transformation journey, spanning nearly a century of history, was today highlighted…
The rapid growth of Uganda’s digital economy, largely fueled by mobile money services, faces a critical threat: financial fraud. Recognising that the entire foundation of financial inclusion rests on consumer trust, MTN MoMo, under the leadership of Mr. Richard Yego…
Uganda’s financial sector is taking a decisive stand against the escalating threat of economic crime, recognising that the battle must be fought on two separate fronts: the enduring challenges of traditional fraud and the rapidly evolving complexities of the digital…
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…
Remittances are more than mere financial transactions; they are the bedrock of Uganda’s economic resilience, a lifeline for millions of families, and a powerful engine for national development. This was the central message delivered by Julius Kakeeto, the Managing Director…
In a strategic move poised to significantly sharpen its competitive edge and expand market footprint within Uganda’s banking sector, Bank of Baroda Uganda has announced the appointment of Mr. Deepak Kumar Mishra as its new Executive Director to the Board,…
The financial landscape in East Africa is evolving at an unprecedented pace, driven by rapid technological advancements and the emergence of agile FinTech companies. As traditional banking institutions grapple with this dynamic environment, a crucial question arises: How can they…
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…
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…
The Uganda Bankers’ Association (UBA) has appointed Mr. Wilbrod Owor,its Executive Director, as the Secretary for its Central Executive Committee, for a one-year term, spanning from 2025 to 2026. This appointment to the UBA Central Executive Committee (CEC) is a…