Kampala, Uganda | THE INDEPENDENT | The Archbishop of Church of Uganda Rev. Dr. Stephen Kaziimba Mugalu has commended PostBank Uganda for driving financial inclusion across the country. He applauded the team during a courtesy visit made by the Bank leadership at the provincial office in Namirembe on August 6. The …
Read More »Ugandans in South Africa to enjoy Equity Bank services
Equity Bank Expands Services to Ugandans in South Africa Johannesburg, South Africa | THE INDEPENDENT | Ugandans living and working in South Africa now have greater opportunities to invest back home following Equity Bank’s entry into the country, marking the first time the East Africa financial giant has ventured into …
Read More »Airtel’s E. A operations rides on data to post profit growth
Kampala, Uganda | THE INEPENDENT | Airtel Africa’s East African operations reported strong growth in the first quarter of 2025, driven by rising data consumption, a growing customer base, and ongoing network investments. Mobile service revenue in the region rose to $498 million from $423 million in the same period last …
Read More »Creative powerhouses set to compete at 4th annual Silverback Awards as regional participation expands
Kampala, Uganda | THE INDEPENDENT | The race for creative supremacy in East Africa’s marketing and communications industry officially begins as the Uganda Advertising Association (UAA), in partnership with The Loeries, launches the fourth edition of the Silverback Awards. This year’s competition, themed “Elevating the Grind,” promises heightened regional participation and …
Read More »DTB Uganda clinches top Mastercard award for leading POS transaction volumes
Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank Uganda (DTB) has been honoured by Mastercard for recording the highest point-of-sale (POS) transaction volumes in Uganda’s banking sector, reaffirming its position as a front-runner in the country’s digital payments landscape. The recognition was presented during an official ceremony by Ali …
Read More »Why Housing Finance Bank Toto’s treasure is a hidden gem to the young savers
Kampala, Uganda | THE INDEPENDENT | In a world that often feels uncertain, one of the most reassuring gifts we can offer the next generation is stability. Not just in words or wishes, but in action. Housing Finance Bank’s Toto’s Treasure Account is a beautiful reflection of that promise, an …
Read More »Africa attracts billion dollars in gold mining investments
Investors are targeting continent’s vast untapped gold reserves NEWS ANALYSIS | RONALD MUSOKE | Africa, the world’s second-largest gold-producing region after China, is witnessing a surge in gold mining investment in 2025, fueled by strong global demand, favourable prices, and vast untapped reserves attracting increased international interest. So far, billions of …
Read More »Who is Ayodeji, the new World Bank Country Manager for Uganda?
NEWS ANALYSIS | IAN KATUSIIME | The World Bank has named Francisca Ayodeji (Ayo) Akala, a Nigerian national, as the new Country Manager for Uganda effective August 1, 2025. She will lead a country portfolio currently worth $4.5 billion, which includes 18 active projects that cover sectors ranging from energy access …
Read More »BrighterMonday Uganda champions women’s economic empowerment in Mbarara
Mbarara, Uganda | THE INDEPENDENT | BrighterMonday Uganda, in collaboration with the Mastercard Foundation, hosted a key “Women in Work” event in Mbarara, marking a significant stride towards championing female employment and leadership in Uganda. The gathering attracted 211 ambitious participants, predominantly women, and served as a crucial platform to …
Read More »Trade Conference: dfcu Bank advances Uganda’s trade ambitions through access to finance
Kampala, Uganda | THE INDEPENDENT | dfcu Bank reaffirmed its role as a key driver of Uganda’s economic transformation during the Breaking Barriers to Trade 2025 conference, held at the Sheraton Kampala Hotel. The bank showcased its leadership in inclusive finance, entrepreneurial development, and trade facilitation as a headline sponsor and …
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