Tom Mwanje, the Equity Bank Jinja branch manager shaking hands with Dr Kakuba Mpango, the chairman of the board of governors of Busoga High School, Kamuli after cutting the ribbon to officiate the bus. Courtesy photo Equity Bank Uganda has handed over a brand-new 2025 Isuzu 67-seater school bus to Busoga High School, Kamuli, in…
The name draws inspiration from Uganda’s reputation as the Pearl of Africa A year after rebranding from PostBank Uganda to Pearl Bank, the bank says the change has been about more than a new name and logo. It has marked a new chapter in its efforts to position itself as a Ugandan-owned bank focused on…
Absa Bank Uganda has reaffirmed its commitment to supporting Uganda’s economic transformation through stronger collaboration with Government and increased financing for key sectors of the economy. The commitment was made during a meeting between the bank’s leadership and the Minister of Finance, Planning and Economic Development, Henry Musasizi, at the Ministry of Finance. The discussions…
L-R MTN MoMo’s Jemima Kariuki, Viola Namuyaba, Phrase Lubega with Bafana Sithole from Amadeus and Next Travel’s Jonathan Martin Kyeyo at the launch of Travel by MoMo at the Sheraton Hotel. Courtesy photo MTN Mobile Money (U) Limited, in partnership with Next Travel, today launched Travel by MoMo, a new digital travel booking platform designed…
Bank of Baroda (Uganda) Limited recently celebrated its Corporate Responsibility (CR) Activity Week with a series of impactful initiatives focused on environmental conservation, healthcare, education, and community welfare across Uganda. As part of its environmental conservation efforts, the Bank conducted a tree-planting exercise at Merryland School, where staff planted over 300 trees. The initiative sought…
The launch/courtesy photo The National Lotteries and Gaming Regulatory Board (NLGRB) has launched its Strategic Plan for FY2025/26–FY2029/30, setting out an ambitious roadmap to strengthen regulation, curb illegal gaming, enhance responsible gaming and increase the sector’s contribution to Uganda’s domestic revenue over the next five years. The Board also unveiled its Service Delivery Standards and…
The East African Development Bank (EADB) closed 2025 with profit up 51%, a loan book that grew by more than half, non-performing loans below 1%, and two international rating agencies reaffirming its investment grade status. The core lending business, the interest EADB earns on money it lends out, actually shrank in 2025. What pushed profit…
Speculation that Centenary Group might soon widen its shareholder base, possibly by offloading a stake of 5% to 10% to outside investors, has been circulating in the press for months. But a follow up on the matter this week with new managing director Godfrey Byekwaso and outgoing managing director Fabian Kasi revealed the move is…
Mumba Kalifungwa, the Chief Executive Stanbic Bank Uganda, with Emmanuel Katongole Co-founder of Quality Chemical Industries Limited (Qcil) at a deal signing ceremony last year. ​Stanbic Bank Uganda has been named the “Best Investment Bank in Uganda” by the prestigious Euromoney Awards for Excellence 2026. The honour was announced by the London based financial magazine…
Robert Kabushenga speaking during Uganda Baati Wellness session. Courtesy photo The strongest steel is forged under pressure, but even steel requires care to maintain its strength. It was this powerful analogy that shaped Uganda Baati’s Men of Steel: A Life and Wellness Conversation, an employee wellness engagement held under the Safal Circles initiative. Bringing together…
