Tag Uganda

Absa Bank Uganda Reports 22% Profit Growth in 2024, Driven by Strategic Lending and Digital Expansion

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…

Read MoreAbsa Bank Uganda Reports 22% Profit Growth in 2024, Driven by Strategic Lending and Digital Expansion

When the Watchdog Bites: Why Uganda’s Capital Markets CEOs Can Now Be Fired for Being “Unfit”

In a landmark regulatory development, Uganda’s Capital Markets Authority (CMA) has been granted new and far-reaching powers that could significantly reshape executive leadership in the country’s capital markets sector. The amendments, recently passed into law, allow the CMA to remove…

Read MoreWhen the Watchdog Bites: Why Uganda’s Capital Markets CEOs Can Now Be Fired for Being “Unfit”

Ecobank Uganda Partners with Interswitch to Drive Financial Inclusion and Digital Innovation

In a significant move to enhance digital banking and expand financial access, Ecobank Uganda has entered a strategic partnership with Interswitch Uganda, a leading digital payments and commerce company. This collaboration aims to revolutionize banking convenience, security, and accessibility for individuals and businesses…

Read MoreEcobank Uganda Partners with Interswitch to Drive Financial Inclusion and Digital Innovation

Africa’s Climate Clock is Ticking: Will CGIAR Science Week Spark the Breakthrough We Need?

As the world edges closer to climate tipping points, Nairobi this week becomes the heartbeat of agricultural innovation and planetary survival. At the inaugural CGIAR Science Week, global science minds are converging with Africa’s leading development voices and East Africa…

Read MoreAfrica’s Climate Clock is Ticking: Will CGIAR Science Week Spark the Breakthrough We Need?