Finance, Loans
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…
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…
For years, money sent back home by Ugandans living abroad has helped families pay school fees, medical bills, build homes, and meet everyday needs. But Equity Bank is urging the diaspora to go a step further by turning part of their remittances into productive assets, businesses, and investments that can generate income. The bank made…
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…
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…
Delegates pose for a photo during the 15th Annual Mineral Wealth Conference held from 29th to 30th September at Speke Resort Munyonyo Equity bank has reaffirmed itas commitment to Uganda’s mining and extractive sector, with a particular focus on expanding financial inclusion among artisanal and small-scale miners. The Bank’s commitment comes as more than 1,500…
The East African Development Bank (EADB’s) decision to appoint Anne Juuko as Director General, effective October 2, 2026, brings an end to a leadership vacuum that lasted nearly two years and exposed weaknesses in the recruitment process for one of the region’s key development finance institutions. What should have been a routine succession after Vivienne…
Industry players have been urged to support the growth of Uganda’s mineral sector to unlock its potential through appropriate financing and investment options that will spur its growth and enable the country to attain its US$500 billion GDP target by 2040. The call was made during the 15th Annual Mineral Wealth Conference held under the…
Absa Bank Uganda, in partnership with Makerere University, has trained 17 journalists from leading media houses across the country in financial, business and data-driven reporting through the 2026 Absa-Makerere Journalism Masterclass. The two-day training, held at Makerere University, is the second edition of the masterclass under a three-year partnership aimed at strengthening capacity in specialised…
By Dr Enock Nyorekwa Twinoburyo As an investor, I am certainly thrilled by the news of NSSF’s 22.53% interest rate. A windfall reap is appreciable. For millions of members who have entrusted their savings to the Fund, such a return is welcome news. It is also a remarkable increase from the 13.5% declared last year…
