Mergers and acquisitions in 2025 reflected a shift toward consolidation, regional scale and restructuring as firms responded to tighter regulation and rising capital demands. From cross-border bank takeovers and insurance mergers to fintech spin-offs, companies moved to strengthen balance sheets and position for long-term growth. The Independent highlights the key …
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Pearl Bank Climaxes Festive Campaign with Courtesy Visits to Media Partners Kampala, Uganda | THE INDEPENDENT | Pearl Bank (formerly PostBank Uganda) has climaxed its festive campaign dubbed “Pearl Santa”, with visits to key media groups like Nation Media, Vision Group, Next Media, among others, in recognition of the continued support …
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Kampala, Uganda | THE INDEPENDENT | I&M Bank has introduced IMBRISK, a new transactional banking solution that allows customers to deposit, withdraw, and transfer funds across I&M Bank branches in Uganda, Kenya, Tanzania and Rwanda, regardless of where their accounts are domiciled. The platform enables both new and existing customers …
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Kampala, Uganda | THE INDEPENDENT | I&M Bank Uganda has appointed Rutabanzibwa Lwanga as its new Head of Risk, marking a strategic move to reinforce governance, controls, and enterprise-wide risk oversight at the growing lender. Lwanga, whose career in Uganda’s banking sector spans more than two decades, is expected to …
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Equity Group is also accelerating its entry strategy. In September, Equity Group chief executive James Mwangi met with officials from the Ethiopian Investment Commission to discuss licensing and operational frameworks, according to Semafor Africa. SPECIAL REPORT | BIRD AGENCY | Ethiopia’s banking market, once sealed off to foreign participation, has …
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Karamoja Local Leaders Laud Stanbic Bank’s Inclusion Agenda for Women, Youth, and Farmers Moroto, Uganda | THE INDEPENDENT | Local leaders in the Karamoja sub-region have commended Stanbic Bank Uganda for its ongoing investment and inclusive banking agenda, which continues to empower women, youth, and farmers through affordable credit, digital …
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Equity Bank Uganda also registered NPL ratio of 8.8%, down from 20.9%.; Uganda has been recognised globally as having momentous growth in the East African region coupled by low inflation Nairobi, Kenya | THE INDEPENDENT | Equity Bank Uganda, has bounced back by recording a significant 61% Profit After Tax (PAT) in …
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Kampala, Uganda | THE INDEPENDENT | Absa Uganda has hosted an industry-wide workshop focused on the critical importance of data privacy in the digital age. The event was held at the Golden Tulip Hotel in an effort to boost and uphold the highest standards of ethical banking and customer …
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The lender’s blend of loan growth, fee income, community outreach and cautious risk-taking offers a model others may struggle to emulate Kampala, Uganda | THE INDEPENDENT | Uganda’s biggest bank is in rude health. Stanbic Uganda Holdings reported a profit of Shs 278 billion for the first half of 2025, up …
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OPINION | Samir Yassine | Imagine opening a bank account in minutes, without stepping into a banking hall, queuing up, or filling out piles of forms. Just you, your phone, and a few taps. That’s the power of digital account opening—and if you haven’t tried it yet, you’re missing out …
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The Independent Uganda: You get the Truth we Pay the Price
