For many young Ugandans, success begins as a distant dream shaped by ambition but often limited by circumstance. For Reagan Tumusiime Gibril, that dream started in the crowded slums of Kibuli and found new direction through an unexpected discovery, and later, through an opportunity offered by Equity Bank Uganda. Reagan, a student from God Cares…
Equity Bank Uganda has reaffirmed its commitment to advancing financial inclusion by strengthening support for Savings and Credit Cooperative Organisations (SACCOs), micro businesses and grassroots entrepreneurs through tailored financing, financial literacy training and sustainability focused products. Speaking at the Uganda Central Co-operative Financial Services Ltd (UCCFS) Annual General Assembly, held at Silver Springs Hotel Bugolobi…
Standard Chartered Bank Uganda and Absa Bank Uganda Limited have received regulatory approval from the Bank of Uganda for Standard Chartered Bank Uganda Limited to sale its Wealth and Retail Banking (WRB) business to Absa Bank Uganda Limited. The approval marks an important milestone for Uganda’s banking sector and reflects continued confidence in the strength,…
Equity Bank Uganda is positioning itself at the center of Uganda’s growing clean energy transition, unveiling an aggressive financing strategy aimed at making solar technologies, clean cooking systems, and renewable energy solutions more affordable for households, schools, farmers, and small businesses across the country. As Uganda grapples with rising energy costs, unreliable electricity access, and…
For years, Jian Namuhenge spent nearly Shs 80,000 every month on charcoal. Like millions of Ugandans, she relied on a traditional charcoal stove for daily cooking, unaware that a more efficient and affordable alternative existed. Today, that same sack of charcoal lasts her almost three months. The difference is not a change in income or…
Uganda’s insurance sector arrived in Mbarara carrying more than conference bags and business cards. It brought with it a quiet tension, a question hanging in the air like unclaimed luggage, can the industry grow fast enough without losing the one currency it cannot manufacture—trust? At the 8th Annual Insurance Brokers Association of Uganda (IBAU) Conference…
The Equity Group Managing Director and Chief Executive Officer Dr. James Mwangi has called for bold, purpose-driven leadership to shape Africa’s future, noting that the current system was largely shaped in the late 1940s, at a time when Africa was not represented at the table. This, he said during the Rotary District 9214 Conference and…
By Richard Nsubuga- Ag Head of Trading, CIB Markets, Absa Bank Uganda The local currency remained under pressure during the week, weighed down by sustained dollar demand from corporates, local banks, and select offshore players. As a result, the shilling weakened to trade around 3715 / 3725 on Friday, compared with last week’s close of 3695 /…
Centenary Bank has appointed Michael Opira as Executive Director, Operations. He brings over 25 years of banking experience across East and Southern Africa, with a strong track record in driving operational transformation, digital innovation, and strategic change. In his new role, he will oversee the bank’s operational functions. He started his career at Centenary Bank…
Stanbic Bank Uganda has joined the Ministry of Water and Environment and other partners to mark Earth Day, with a renewed call for collective action to address climate change and restore the country’s degraded ecosystems. Speaking during the event held at the Ministry headquarters in Kampala, Tunde Thorpe, Executive Head of Business and Commercial Banking…
