Investors placed strong demand on the one-year Treasury bill in Wednesday’s auction, with the Bank of Uganda accepting Sh424.5 billion against the Sh300 billion offered. Results from Treasury Bills Auction No. 1237, held on November 4, 2026, show that the 364-day Treasury bill recorded a cut-off yield of 14.750 per cent, the highest across the…
Absa Group has expanded its international presence with the opening of its Dubai office, strengthening two-way trade and investment connections between the Middle East and Africa. Located in the Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, the office brings Absa closer to…
Equity Bank Uganda recorded total bancassurance premiums of Shs16.13 billion in the second quarter of 2026, giving it an 8.77 percent share of the market and placing it fourth among banks in Uganda’s bancassurance segment. The performance was driven largely by growth in life assurance business, which offset slower growth in non-life insurance and reflected…
Ambassador Dickson Ogwang-Okul with the Returnees at the climax of the Conference A group of 200 Ugandans who returned from South Africa have undergone financial literacy and business training as they seek to rebuild their livelihoods and establish income-generating enterprises back home. The two-day financial literacy and business formation workshop, held at Enterprise Uganda offices…
The Public Relations Association of Uganda (PRAU) crowned its 50th anniversary celebrations with the 10th PRAU Excellence Awards, recognising communication professionals, agencies and organisations for their outstanding work in public relations, strategic communication and campaign management held under the theme, “A Legacy in Gold: Honouring the Cream of Public Relations. Pearl Bank received the Corporate…
Uganda Baati Limited Chief Executive Officer George Arodi has left the company after concluding his tenure on October 21, 2026, with Head of Human Resources and Administration Amon Aruho set to oversee operations as the company prepares to appoint his successor. In a statement issued on Thursday, the steel manufacturer said Aruho would oversee the…
This customer service month and in line with Pearl Bank’s ongoing campaign; When You Grow Uganda Prospers,that builds on its tag line Grow.Prosper and its purpose Foster Prosperity for Ugandans, the bank’s customers highlight their growth journey over the year indicating how this has inspired business growth and lasting impact for their businesses, communities and…
Minister of State for Energy and Mineral Development Phiona Nyamutoro has challenged Uganda’s hospitality industry to turn the country’s green energy ambitions into profitable investments, unveiling a national initiative aimed at reducing operating costs, attracting investment and strengthening tourism competitiveness. The National Green Hospitality Initiative, launched at Serena Hotel Kampala on October 20, 2026, seeks…
Mark Ocitti Ongom, Chief Executive of Stanbic Uganda Holdings Limited (SUHL) handing over a mama kit to the area member of parliament Hassan Kaps Fungaroo and the Obong RDC Eva Kwesiga Obongi Health Centre IV, which handles nearly 1,400 deliveries annually despite significant staffing and resource constraints, has received maternal health equipment and supplies boost…
Absa Bank Uganda has launched a three-month SME Business Credit Campaign aimed at encouraging digital payments among small and medium-sized enterprises (SMEs) while rewarding businesses that embrace cashless transactions. Running from 15 October 2026 to 15 January 2027, the campaign will offer UGX 66 million in cash prizes, with one customer winning UGX 22 million…
