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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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Absa Seeks to Boost Digital Payment With New Shs200M Cards Rewards Campaign

Absa Seeks to Boost Digital Payment With New Shs200M Cards Rewards Campaign

Absa Bank Uganda has launched a new customer campaign, Play Your Cards Right, which will reward 14 lucky winners with cash prizes totaling shs200 million.Running from June to August 2025, the campaign is open to all Absa debit and credit cardholders, bothpersonal and business, local

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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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Stanbic Launches New Mortgage Solution to Breaks Financing Barrier to Home Ownership

Stanbic Launches New Mortgage Solution to Breaks Financing Barrier to Home Ownership

Stanbic Bank has introduced a preapproved mortgage financing solution that empowers existing clients with up to shs 500 million—without the need for the traditional loan application process.“Homeownership should not be a privilege for a few—it should be an achievable milestone for ev

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Demand for Data Centres Goes up as Uganda’s Digital Revolution Takes Shape

Demand for Data Centres Goes up as Uganda’s Digital Revolution Takes Shape

Experts have said demand for data centres will continue going up as Uganda’s digital revolution takes shape.Uganda is on the cusp of a digital revolution, with citizens, businesses, and the government embracing technology to redefine the economic landscape.Speaking on Tuesday, off

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BoU Maintains CBR at 9.75% as Uncertainty Looms

BoU Maintains CBR at 9.75% as Uncertainty Looms

The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% signalling a cautious “wait and see” approach in response to growing global economic uncertainty most notably the unresolved US-China trade tensions.The decision comes despite Uganda’s relatively strong econ

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Think You Don’t Need a VPN? Here’s Why You Might Be Wrong

Think You Don’t Need a VPN? Here’s Why You Might Be Wrong

Whether you're a local or an expat living in Uganda, you most likely use the internet on a daily basis for work, shopping, streaming, and chatting.However, most individuals are unaware of this fact: every time you go online, your browser history, personal information, and even bank account

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Germany arrests self-declared 'king' and bans his extremist group

Germany arrests self-declared 'king' and bans his extremist group

A self-declared "king" of Germany and three of his senior "subjects" have been arrested and their group banned for attempting to overthrow the state.Peter Fitzek, 59, was among those arrested in morning raids across seven states on Tuesday, which involved about 800 securit

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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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I&M Announces Partnership With Kenya Airways With Bank Mastercard holders getting up to 15% Discounts on Flight Tickets

I&M Announces Partnership With Kenya Airways With Bank Mastercard holders getting up to 15% Discounts on Flight Tickets

I& M Bank Uganda and Kenya Airways have announced a special discount for customers on international tickets.Customers can now enjoy up to 15% off international flights (worldwide) to select destinations when they book with their I& M mastercards.This campaign sales peri

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