Finance, Loans
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,…
The Equity Bank Executive leadership led by the Managing Director , Gift Shoko pose for a photo after a strategic engagement with the Madi West Diocesan team led by the Rt Rev Charles Collins Andaku The Madi-West Nile Diocese of the Church of Uganda and Equity Bank Uganda are seeking to deepen their long-standing relationship…
For Justine Edema Thomas, farming in Nyaliwara Village, Adjumani District, started as a small family venture. His family cultivated about five acres, growing cabbages, tomatoes, rice and soya beans, alongside crops such as cassava and beans. But limited access to farm machinery made it difficult to expand. That changed when Equity Bank Uganda financed the…
Ramathan Ggoobi, Secretary to the Treasury Officials who bind the Government to costs without Parliament’s budget approval now face removal from their posts, according to new instructions from the Treasury. Ramathan Ggoobi, Secretary to the Treasury, delivered the message on Friday to permanent secretaries, agency heads and chief administrative officers gathered at Speke Resort Munyonyo…
From L-R: Equity Group Non-Executive Director, Dr. Lakshmi Shyam-Sunder, Equity Group Managing Director and CEO, Dr. James Mwangi, Equity Group Chairman, Prof. Isaac Macharia, and Equity Group Non-Executive Director, Ms. Farida Khambata, during the H1 2026 Investor Briefing Equity Group Holdings Plc has announced a solid first‑half performance for 2026, underscoring its continued regional leadership and the…
Jemima Kariuki, Chief Product Officer MTN MoMo, engages one of the Kalerwe Market vendors on the benefits of responsible borrowing and consistent repayment. MTN Mobile Money (U) Limited has today launched a nationwide financial literacy campaign to empower its customers with the knowledge, confidence and discipline to borrow responsibly through MoMo Loans, repay consistently and…
Uganda’s private sector credit remains stuck at about 12.4% of GDP, one of the lowest levels in East Africa, the executive director of the Uganda Bankers Association (UBA), Wilbrod Owor, said. Currently, Owor said only a fraction of the businesses needed to support the country’s ambitious growth plans borrow from banks. He made the remarks…
NCBA Bank Uganda has launched a one-year Enterprise Development Programme aimed at equipping 50 small and medium enterprises (SMEs) with practical skills, mentorship and structured support to strengthen their operations and achieve sustainable growth. The inaugural cohort was flagged off on August 20, 2026, at Fairway Hotel in Kampala. The initiative, run through the bank’s…
Standard Chartered Uganda in partnership with Innovation Village, Village Capital and Future Lab, has unveiled 20 women-led, tech-enabled startups selected for Cohort 2 of the Women in Tech Uganda Accelerator Programme. This is a high-impact initiative advancing inclusive innovation, women’s economic participation and Uganda’s digital transformation agenda. The 2026 cohort brings together founders building practical…
