Finance, Loans
Absa Bank Uganda is calling for greater focus on converting Uganda’s growing pipeline of investment opportunities into financed projects and productive businesses, as the country seeks to accelerate investment across energy, infrastructure, minerals, manufacturing and technology. Attracting investor interest is only part of the challenge. Converting that interest into investment requires projects and businesses with…
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….
Stanbic Uganda senior leaders Mark Ocitti and Mumba Kalifungwa lead the ribbon-cutting ceremony to officially reopen the refurbished Kalangala branch as part of the bank’s commitment to enhancing custom Stanbic Bank Uganda has officially unveiled its newly refurbished Kalangala branch, combining a celebration of its 35th anniversary with a strong pledge to deepen financial inclusion…
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…
For 20 years, Steven Dralada Nzima worked as a security guard in Kampala, including at Equity Bank Uganda offices. Today, he is running a commercial farm in Adjumani District, growing crops, keeping livestock and managing forestry, while providing jobs for people in his community. The journey has been gradual. Steven started with a modest salary,…
The executive leadership of the bank and the VURRA SS school administration pose for a photo after a strategic engagement in Arua district Set against the vibrant landscape of Arua in West Nile, Vurra Secondary School is expanding to keep pace with a rapidly growing student population. School leaders are racing to add classrooms and…
Cabinet has formally approved the use of the National Identification Number (NIN), issued by the National Identification and Registration Authority (NIRA), as the Tax Identification Number (TIN) for taxpayers. The decision, taken at the Cabinet meeting on 31 August 2026 at State House Entebbe, was announced on 1 September by Information and Communications Technology and…
Housing Finance Bank has appointed Dorothy Namutebi as its new Head of Mortgage and Consumer Banking. Namutebi joins the role with more than 22 years of experience in the banking industry, having worked across mortgage banking, retail banking and sustainability. She will lead the Bank’s mortgage and consumer banking business, with responsibility for driving growth,…
Equity Bank Uganda and Guru Nanak Oil Mills (U) Limited are stepping up efforts to reduce the use of cash in Uganda’s grain trade, beginning with aggregators who handle large payments between farmers, traders and processors. The move is intended to address the security risks that come with moving large amounts of physical cash from…
While transaction volumes increased by just over a third, the value of transactions grew much faster, rising from Shs25 trillion to Shs41.3 trillion. The value of transactions processed through Uganda’s agent banking network rose by 65.2 per cent to Shs41.3 trillion in the year to March 2026, reflecting the growing use of agents for deposits,…
