Business •
02 May '26
The High Court has dismissed a defamation case filed by Lt Gen Charles Otema Awany and his wife, Elizabeth, against DFCU Bank, after the bank advertised their properties for sale over an uncleared loan.The case dates back more than a decade to when the couple entered into a banking relatio
Business •
02 May '26
Centenary Bank has pulled off a quiet boardroom coup, lining up long-serving executive Godfrey Byekwaso to take over as Managing Director while Fabian Kasi, the face of the lender for over a decade, prepares to step up and steer the wider Centenary Group. The planned handover, still uncon
Business •
01 May '26
Minister of Energy and Mineral Development- Hon. Dr. Canon Ruth Nankabirwa (3L) paid a courtesy visit to the I&M Bank booth where she was welcomed by staff during the Oil and Gas Convention.The 11th Annual Oil and Gas Convention 2026 opened on Tuesday, 28 April, at Speke Resort Munyony
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28 Apr '26
Stanbic Bank Uganda has been ordered by the court to deposit Shs200 million as security in a commercial dispute with Vegol Limited that has dragged on for four years now.It all began in 2022 when Vegol, a prominent manufacturer specializing in edible oils, soaps, and other products, sued a
Business •
27 Apr '26
Diamond Trust Bank (DTB) Uganda has been recognized as a standout performer in the financial sector, earning the first runner-up award for best in client service at the 8th Bi-annual Uganda Revenue Authority (URA) Bankers appreciation conference ..The ceremony, hosted at the Mestil Hotel i
Business •
27 Apr '26
Housing Finance Bank posted a net profit of Shs 85.4 billion for the year ended December 31, 2025, marking a 20 per cent increase from Shs 71.1 billion recorded in 2024, as the lender reported strong growth across key financial indicators.The bank’s total assets rose by 15 per cent to Sh
Business •
26 Apr '26
Centenary Bank’s top leadership (L–R): Chairman Gustavo Bwoch, Managing Director Fabian Kasi, Executive Director, Business Joseph Balikuddembe, and Executive Director, Operations Michael Opira. The bank is resetting its executive leadership through a dual-Executive Director structure aimed at
Business •
25 Apr '26
Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank
Business •
25 Apr '26
Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank
Business •
25 Apr '26
As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of contradiction in the global energy narrative.On one hand, the world is accelerating towards a low-carbon future, with growing consensus on the need to scale up renewable energy.On the other h