Thousands attend “dfcu Humanity Day” Community Health Camp in Busoga Jinja, Uganda | NEWS CORRESPONDENT | Thousands trekked to Walukuba West Gardens in Jinja City May 14th as dfcu Bank commemorated 62 years with a renewed commitment to “transforming lives and businesses in Uganda”. The bank hosted a large-scale Great Community Health Camp …
Read More »Africa turns gold refineries into reserve diversification engines
African central banks are increasingly linking domestic gold refining to reserve management as countries move to retain more value from minerals. The shift reflects a broader effort to diversify away from foreign currency assets while strengthening local supply chains. SPECIAL REPORT | BIRD AGENCY | Uganda’s foreign exchange …
Read More »Insured growth, exposed citizens
Uganda’s insurance boom is failing to reach the majority Kampala, Uganda | JULIUS BUSINGE | Uganda’s insurance industry is being forced to confront an uncomfortable truth: it is growing, but it is not yet protecting most Ugandans. That was the central message at the 4th Annual Insurance Agents …
Read More »Uganda’s financial sector bets on ESG as a gateway to global capital
Kampala, Uganda | THE INDEPENDENT | Uganda’s financial sector is positioning itself for a structural shift toward sustainability-driven finance, with aBi Finance and its partners launching two initiatives that could reshape how banks and microfinance institutions measure risk, attract capital, and compete in a tightening global regulatory environment. Unveiled at Four Points …
Read More »Banking on women
KCB targets the growth gap in female-led firms Kampala, Uganda | JULIUS BUSINGE | Uganda’s banking sector is sharpening its focus on women entrepreneurs, as lenders roll out targeted products to close a long-standing financing gap that has constrained the growth of female-led businesses. Against this backdrop, KCB Bank …
Read More »BANKERS: Sovereignty Bill will undermine investment and stall economic growth
Kampala, Uganda | URN | The Uganda Bankers’ Association (UBA) has raised concern over the draft Protection of Sovereignty Bill 2026, warning that it could negatively impact Uganda’s financial sector and slow down economic growth. In a letter addressed to the Attorney General on April 13, 2026, the bankers’ body said …
Read More »Pearl Bank records Sh47.3 billion profit after tax
Kampala, Uganda | NEWS CORRESPONDENT | Pearl Bank’s full evolution from PostBank to its current identity has got another boost, with Pearl Bank’s latest financial results for the year ended December 2025 telling a story of strong growth. Profit after tax rose 34 percent to sh47.3 billion, customer deposits climbed 43 …
Read More »DTB opens new Tororo branch, boosts access in Eastern Uganda
Tororo, Uganda | NEWS CORRESPONDENT | Diamond Trust Bank (DTB), a leading financial institution in Uganda, has officially opened its new Tororo Branch, reinforcing its commitment to delivering accessible, efficient, and people-centred banking services across Eastern Uganda. Officials said the new branch forms part of DTB’s broader plan to refine its …
Read More »NCBA profit rises on digital lending surge as regional units gain ground
The board proposed a dividend of KSh11.7 billion, up from KSh9.1 billion in the previous year Kampala, Uganda | JULIUS BUSINGE | NCBA Group reported a 7% increase in net profit to KSh23.4 billion ($181 million) for the year ended December 2025, helped by stronger asset growth, improved …
Read More »Stanbic’s steady climb
The lender posted a 20.4% rise in profit after tax to Shs 586.2 billion Kampala, Uganda | JULIUS BUSINGE | In banking, consistency is often more valuable than bursts of brilliance. Stanbic Bank Uganda Limited appears to have mastered that art. The lender posted a 20.4% rise in …
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