Stanbic Uganda Holdings leaders, led by Mark Ocitti Ongom and Mumba Kalifungwa, pose for a group photo with stakeholders during a customer engagement session at Brovad Sands Hotel in Kalangala District. When David Balironda Mukasa walks through his oil palm plantation in the island district of Kalangala, he sees more than a source of income….
Access to climate adaptation finance remains a significant challenge for smallholder farmers and rural businesses across Africa, with available capital often failing to reach those who need it most. To help bridge this financing and delivery gap, the International Fund for Agricultural Development (IFAD) and Equity Group on Friday, kicked off the Africa Rural Climate…
The Uganda shilling was marginally weaker against the dollar in today’s session, with the pair closing at 3775 / 3785, compared to opening levels of 3770 / 3780, according to Absa Bank market report for Wednesday. The slight depreciation was driven by corporate dollar demand, which moderately outpaced existing hard currency supply in the market….
By Girma Wake, Acting CEO Uganda Airlines Dear Ugandans, I write to you this personal letter looking outside the window, amazed by the beautiful weather in Entebbe, a rare scene from all my worldly travels. On August 27, Uganda Airlines will mark seven years since its revival. I wish to congratulate you and the airline,…
From L-R: Equity Group Non-Executive Director, Dr. Lakshmi Shyam-Sunder, Equity Group Managing Director and CEO, Dr. James Mwangi, Equity Group Chairman, Prof. Isaac Macharia, and Equity Group Non-Executive Director, Ms. Farida Khambata, during the H1 2026 Investor Briefing Equity Group Holdings Plc has announced a solid first‑half performance for 2026, underscoring its continued regional leadership and the…
When Henry Musasizi, the finance minister, told Journalists on the sidelines of the Uganda Development Bank’s annual general meeting that he wants the bank’s lending rate to fall from 12% toward single digits, he seemed to describe a goal that sits awkwardly next to his own ministry’s borrowing habits. Commercial banks charge businesses an average…
Jagdish Srivastava, the CEO of Modern Group, Gift Shoko the Managing Director of Equity Bank Uganda and the leading of the bank pose for a photo after a strategic engagement As Uganda’s industrial sector continues to expand, access to responsive and flexible financial solutions is becoming increasingly important for businesses seeking to scale operations and…
Standard Chartered Bank Uganda is marking a historic 114 years of operations in the country, cementing its status as Uganda’s longest-established international commercial bank. Since opening its first branch in Kampala in August 1912, the bank has transitioned from the early days of trade to become a cornerstone of Uganda’s modern, connected economy. A Legacy…
NCBA Group Plc has posted a 12.2% increase in first-half profit as East Africa’s economic recovery fueled lending and customer deposits, helping the regional lender offset a sharp increase in provisions set aside against potentially bad loans. Net income rose to KSh12.4 billion in the six months ended June 30 from KSh11 billion a year…
Immaculate Asiimwe, Head of payments and channels at Equity Bank Uganda Equity Bank Uganda introduced Equity Online for Business, a next-generation platform designed to simplify financial management for enterprises of all sizes in April 2026. Immaculate Asiimwe, Head of payments and channels at Equity Bank Uganda, explains why the platform was developed, how it is…
