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Anne Juuko resigns from Standard Bank Group

Anne Juuko resigns from Standard Bank Group

Anne Juuko, a seasoned banking executive and former CEO of Stanbic Bank Uganda, has stepped down from her role as Standard Bank Group’s Regional Head of East Africa for Global Markets.Juuko resigned this month, bringing to a close her 18-month tenure in the regional position.

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MTN MoMo, Letshego and dfcu Bank Launch Innovative Loans to Boost Agent Liquidity

MTN MoMo, Letshego and dfcu Bank Launch Innovative Loans to Boost Agent Liquidity

MTN Mobile Money Limited, in collaboration with Letshego Uganda and dfcu Bank, has unveiled two innovative loan products aimed at providing mobile money agents with instant working capital.The dfcu Bank Weekend Agent Loan and the Letshego Agent Float Loan expand the MoMo Agent Loans Market

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Uganda–Qatar Embassy Hosts Successful Diaspora Convention in Doha

Uganda–Qatar Embassy Hosts Successful Diaspora Convention in Doha

The Embassy of the Republic of Uganda in Doha successfully hosted the 2025 Uganda–Qatar Diaspora Convention on November 28, drawing hundreds of Ugandan migrant workers, diaspora leaders, government officials, and private-sector partners for a full day of engagement and empowerment.The Co

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BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan

BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan

David Kalyango, the Executive Director of Supervision at the Bank of Uganda, explained the vision: ensuring that every Ugandan, no matter their type of work, can access credit to grow businesses, boost investments, and drive development.The Bank of Uganda has been locked in a he

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Putin in panic as Russia faces economic meltdown with banks facing £100bn 'time bomb'

Putin in panic as Russia faces economic meltdown with banks facing £100bn 'time bomb'

Russia's economy is facing a "time bomb", as sanctions escalate and interest rates remain high. Businesses around the country are struggling to pay back loans and are fighting to stave off bankruptcy.Firms have watched on helplessly as interest rates were hiked to 21% towards th

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Standard Chartered Uganda Confirms Agreement to Sell Wealth & Retail Business to Absa

Standard Chartered Uganda Confirms Agreement to Sell Wealth & Retail Business to Absa

Standard Chartered Bank Uganda has formally communicated to clients that it has entered into an agreement with Absa Bank Uganda for the sale of its Wealth & Retail Banking (WRB) business. The deal — which covers personal banking, wealth advisory and related retail products — remains subje

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Faisol Nyanzi second to be arrested as crackdown intensifies in Shs700m Bunga property scam

Faisol Nyanzi second to be arrested as crackdown intensifies in Shs700m Bunga property scam

Faisol Nyanzi has been remanded to prison until November 4, 2025, as investigations continue.Kampala, Uganda: The State House Anti-Corruption Unit (SH-ACU), in collaboration with the Criminal Investigations Directorate (CID) and the Office of the Director of Public Prosecutions

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Uganda’s Oil Reserves Rise to 6.65 Bn Barrels, says Nankabirwa.

Uganda’s Oil Reserves Rise to 6.65 Bn Barrels, says Nankabirwa.

The oil sector’s development — including two central processing facilities at Kingfisher and Tilenga — is expected to unlock billions in ancillary investment and generate thousands of jobsKampala: Uganda’s proven oil reserves have risen to 6.65 billion barrels, up from 6

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Makerere Law Professor Appointed to University of Leeds Advisory Board

Makerere Law Professor Appointed to University of Leeds Advisory Board

Dr Winnie Tarinyeba Kiryabwire, an Associate Professor at Makerere University School of Law, has been appointed to the Advisory Board of the Centre for Business Law and Practice (CBLP) at the University of Leeds in the United Kingdom.Her appointment places a Ugandan legal scholar at the he

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Mayhem at DFCU as Junior Staff beat up 2 top Bosses over Harassment

Mayhem at DFCU as Junior Staff beat up 2 top Bosses over Harassment

Kiconco and Maryann, the DFCU senior officials who were allegedly assaultedFresh turmoil has erupted inside DFCU Bank after junior staff allegedly turned against 2 senior executives, with incidents of harassment, physical confrontations, and internal disc

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