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Equity Group posts Shs 433.2bn profit

Equity Group posts Shs 433.2bn profit

L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event.The lender

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Housing Finance Bank Scoops Awards for Backing Farmers and Small Businesses

Housing Finance Bank Scoops Awards for Backing Farmers and Small Businesses

Housing Finance Bank has won two national awards for its outstanding efforts in boosting agricultural productivity and supporting Uganda’s small businesses to recover from recent economic shocks.The accolades — the Agricultural Credit Facility (ACF) Award and the Small

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Dr. Ojangole appointed Chair Africa’s development finance body

Dr. Ojangole appointed Chair Africa’s development finance body

Uganda Development Bank's Managing Director, Dr. Patricia Ojangole, has been appointed Chairperson of the Association of African Development Finance Institutions (AADFI), the umbrella organisation for development finance institutions in Africa.Dr. Ojangole’s appointment was announced dur

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Kabaka Finally Smiles as Gov’t Tables UGX 60 Billion Compensation for Buganda in New 2025/26 Budget Push

Kabaka Finally Smiles as Gov’t Tables UGX 60 Billion Compensation for Buganda in New 2025/26 Budget Push

Government has finally accepted to address one of Buganda Kingdom’s long-standing demands by allocating UGX 60 billion for land compensation, as part of UGX 1.8 trillion supplementary budget tabled before Parliament’s Budget Committee, on Tuesday.

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African-American pledges support for Uganda’s economy

African-American pledges support for Uganda’s economy

A delegation of African-American development partners from the Afreeka Exodus Foundation has expressed commitment to contributing to Uganda’s economic development.Led by Dr. Larry Wells, Sydney Nicholas, and Markeeta Starr, the team met with Ambassador Abbey Walusimbi, Senior Presidentia

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Stanbic Consumer Conference Warns Raw Export , Govt Rallies Behind Agro-Industrialisation

Stanbic Consumer Conference Warns Raw Export , Govt Rallies Behind Agro-Industrialisation

The Stanbic Consumer Conference rang bells over Uganda’s slow progress towards agro-industrialisation, as government officials, financial leaders, and policymakers gathered to confront the challenges undermining the country’s agricultural potential.Held under the theme “Accelerating

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AGRA Rallies Local Investments for African Agricultural Transformation Amid Shifting Dev't Landscape

AGRA Rallies Local Investments for African Agricultural Transformation Amid Shifting Dev't Landscape

Agriculture development agency AGRA has reiterated its unwavering commitment to transforming African agriculture, emphasizing the need for enhanced investment in smallholder farmers against a backdrop of increasing global instability and evolving development support.The recent shift in glo

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Pride Microfinance Celebrates Becoming Bank

Pride Microfinance Celebrates Becoming Bank

Officials have hailed the 30 year transformation journey of Pride Microfinance which has seen it transform into a tier two bank.Speaking during a dinner held at Kampala Serena Hotel on Friday, The Pride Bank, board chairman, Fred Jachan Omach said the bank celebrates three remarkable decad

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Absa Enhances its Digital Offering With Instant Loans, Online Account Opening

Absa Enhances its Digital Offering With Instant Loans, Online Account Opening

Absa Bank Uganda today unveiled two new digital innovations, digi loans and online account opening, aimed at meeting the growing demand for fast, convenient, and paperless banking.The digi loan allows eligible customers to instantly borrow between shs20,000 and shs 2 million with

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Rethink Development: PDM Is More Than Just Handouts

Rethink Development: PDM Is More Than Just Handouts

The Parish Development Model (PDM) is a promising initiative, but it risks becoming just another cash distribution scheme unless the government rethinks its broader development strategy, renowned economist Dr Fred Muhumuza has cautioned.Appearing on NBS Morning Breeze, Muhumuza argued that

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