News
Uganda: Equity Bank Makes Record Profits As 2021 Results Are Released
Equity bank group has announced making a Kenyan shs40 billion in profits in the previous 2021 year which translated into 99% growth in ...
News
Uganda: Digitization of Systems Saves Govt Shs4 Trillion Annually, Says Nita-U
Uganda is now saving shs 4 trillion shillings annually in costs because of digitization of its systems, the National Information Technology Authority Uganda ...
News
Uganda: Stanbic Bank Retains 22 Percent Bancassurance Market Lead in Uganda
Bancassurance contributed Shs 103.5billion to the Shs 1.1trillion Gross Written Premium (GWP) recorded by Uganda’s insurance sector in 2021 with Stanbic Bank accounting ...
News
Uganda: Stanbic’s Anne Juuko Named ‘Best Woman CEO’ by Global Brands Magazine
The London based Global Brands Magazine (GBM) has named Anne Juuko, the Chief Executive for Stanbic Bank Uganda as the ‘Best Woman CEO’ ...
News
Uganda: Bank of Uganda Reportedly Commences CBDC Study
The Bank of Uganda (BOU) has commenced a study that explores the feasibility of issuing a digital currency. However, an executive with the ...
News
Uganda: Uganda looks to Kenya, Jamaica for its digital currency
Uganda is considering a Central Bank Digital Currency (CBDC) in a move that has drawn policy attention to the large investments required for ...
News
Uganda: Court Directs Crane Bank Management to Return to Sudhir, Bou to Pay Costs
The Supreme Court in Kampala has directed that the management of Crane Bank be reverted to its shareholders but also Bank of Uganda ...
Startup
Uganda: Ugandan fintech startup ChapChap secures funding round
ChapChap, a Ugandan fintech startup that creates reliable financial profiles for MSMEs, has secured a funding round from Nordic Impact Funds to accelerate ...
News
Uganda: SEACOM buys Africell Uganda assets – continues East Africa expansion
Pan-African telecommunications service provider SEACOM has announced it will acquire selected infrastructure assets from Africell in Uganda as it continues with expanding its footprint in ...
News
Uganda: BoU Makes Case for Digital Banking Solutions As KCB Launches New Online Platforms
The Bank of Uganda Executive Director of the Bank Supervision, Tumubweine Twinemanzi has said that banks ought to digital banking solutions or else ...