Absa Group Expands Into Dubai To Connect Gulf Capital With Africa

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…

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200 Ugandan Returnees Get Financial Training As Government Pledges Shs2bn

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…

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Customers Reflection On Their Growth And Prosperity With Pearl Bank

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…

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Bank Of Uganda Raises Central Bank Rate To 12% As Inflation Pressures Grow

The Bank of Uganda has raised its Central Bank Rate (CBR) from 9.75% to 12%, a 2.25 percentage-point increase, as rising global oil prices and pressure on the shilling threaten to push inflation higher. The decision was announced on October 14 following a special meeting of the Monetary Policy Committee chaired by Governor Michael Atingi-Ego….

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Equity Honours 80 Customers For Loyalty, Growth And Community Impact

Equity Executive Director Claver Serumaga in the Middle(Red Tie-Blue Suit) with outstanding customers at the Banks Customer Appreacution Breakfast at Protea Hotel Equity Bank Uganda has recognised 80 customers for loyalty, business growth, community impact and their continued engagement with the Bank, as it marked Customer Service Week 2026 under the theme “Going the Extra…

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Bank of Uganda Licenses Four Large Saccos As Regulated Institutions Rise To 10

The Bank of Uganda (BoU) has licensed four large savings and credit cooperative societies (SACCOs), bringing the number of large SACCOs under its supervision to 10. The licences were handed over on Wednesday, October 7, 2026, at a ceremony attended by representatives of the four SACCOs. Representing the BoU Governor, Executive Director of Supervision and…

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September Stanbic PMI Reveals Sustained Consumer Demand

Christopher Legilisho, Economist at Stanbic Bank making remarks during the recently concluded Economic Forum in Kampala Investments in advertising and greater product quality were widely cited as drivers of consumer confidence, with all monitored sectors in the monthly Stanbic Purchasing Managers’ Index (PMI) registering optimism during September. Compiled by S&P Global, the latest survey data…

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SBG Securities Launches Pension Fund Management Offering

SBG Securities, a subsidiary of Stanbic Uganda Holdings Limited (SUHL), has called on Uganda’s pensions sector to play a more strategic role in financing the country’s long-term economic transformation, saying the industry’s growing pool of long-term savings can become a powerful catalyst for achieving the government’s ambition of growing the economy tenfold by 2040. The…

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