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Equity Bank Backs Top 100 Survey

Equity Bank through their support and commitment to Uganda’s small and medium enterprises (SMEs) are yet again partnering with KPMG and Nation Media Group (NMG) as they launched the 2026 Top 100 Mid-Sized Companies Survey, a flagship initiative designed to generate critical business insights, strengthen enterprise resilience, and unlock sustainable growth opportunities. Launched at KPMG…

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Equity Shareholders Approve Kshs 21.7 Billion Dividend As Lender Expands Into Insurance

From Left to Right: Equity Group Chief Strategy Officer, Brent Malahay, Group Chief Finance and Transformation Officer, Anthony Murage, Group Company Secretary and Head of Tax, Lydia Ndirangu, Group Chairman, Prof. Isaac Macharia, Group Managing Director and CEO, Dr. James Mwangi, and Group Director, Governance & Strategic HR, Victoria Cherotich, during the Group’s 22nd Annual…

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Absa Bank Scoops Green Financial Institution Award at Sustainability Awards

NEMA ED, Dr. Akankwasah Barirega hands Absa’s Pamela Turyatunga the Green Financial Institution Award recognising the bank’s efforts in sustainable financing & environmental stewardship. Courtesy photo Absa Bank Uganda has been recognised as the Green Financial Institution of the Year at the third edition of the National Environment Management Authority (NEMA) Sustainability Awards, held last…

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Keeping Classrooms Running: Why School Bridge Financing Matters

Quality education should never be interrupted by temporary cash flow challenges. Every school term comes with significant financial obligations. Schools must pay staff salaries, purchase food and scholastic materials, maintain facilities, and ensure learners have a conducive environment to thrive, often before tuition fees have been fully collected. This creates a funding gap that can…

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KCB Bank Uganda Plants 300 Trees At Lake Victoria Serena Golf Resort And Spa To Advance Climate Action Agenda

KCB Bank Uganda, through the KCB Foundation, has planted 300 trees at Lake Victoria Serena Golf Resort and Spa in Kigo as part of its ongoing commitment to environmental conservation and sustainable development. The tree-planting exercise was conducted in partnership with Serena Hotels and forms part of the bank’s broader environmental, social and governance (ESG)…

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How Polland Food Centre Slashed Fuel Costs by 60% with Ecostoves

Muhuza John Bosco, Head Chef at Polland Food Centre, preparing food from the restaurants smart kitchen When Polland Food Centre opened its doors in 2025, the aroma of sizzling delicacies filled the air. But behind the scenes, another scent lingered stubborn smoke from traditional charcoal stoves that were quietly burning through profits. Like many fast-growing…

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Pressure On Uganda Shilling Continues

The Uganda shilling continued to trade under pressure today, primarily driven by sustained corporate demand amid weaker dollar inflows, according to Wednesday Absa Bank Uganda Market report.  Additionally, offshore investor appetite for foreign currency remained elevated amid global dollar strength. The unit closed the day trading at 3705/3715, softer compared to the opening levels of…

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Resurgence Of Dollar Demand Depreciates Uganda Shilling

The Uganda shilling came under depreciation pressure during today’s session, driven primarily by resurgent dollar demand from local corporates, according to the Absa Bank Market Report. At the same time, subdued dollar inflows provided limited support to the local unit, further weighing on its performance. The currency opened trading at 3650 / 3670 and weakened…

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