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Tag Archives: Banking

Equity Leaders Programme launched with 123 top performers

  Kampala, Uganda | THE INDEPENDENT | Equity Bank Uganda has officially launched the Equity Leaders Program (ELP) by admitting its first cohort of 123 top performing scholars from the 43 Districts where the bank has a branch presence. The launch of the Equity Leaders Program, a mentorship and leadership …

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Banks rush to schools, parents with loan offers as schools reopen

Kampala, Uganda | THE INDEPENDENT | Commercial banks, Microfinance institutions and smaller money lenders are swarming schools and other educational institutions in search of new customers for loans to clear tuition and procure educational materials, among others, as the education sector reopens. The competition for new customers by the lenders coincides …

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UDB launches unique solutions for women, youth and SMEs

Kampala, Uganda | THE INDEPENDENT |  The Uganda Development Bank Ltd (UDBL), the country’s national Development Finance Institution, has today announced exclusive offers aimed at addressing the growth of the key sectors of youth, women and SMEs. In addition to credit offerings to these segments, UDB will introduce a Business Accelerator …

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UDB’s Ojangole wins prestigious Sustainable Finance Award

    Karlsruhe, Germany | THE INDEPENDENT |  The Managing Director Uganda Development Bank Limited (UDBL) Patricia Ojangole, has been named Sustainability Leader of the Year 2021 during the Karlsruhe Sustainable Awards ceremony held annually in Germany. Awarded by the International Council of Sustainability Standards for Value Driven Financial Institutions during …

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Jim Muhwezi is Ugandan named in Pandora Papers

  London, UK | THE INDEPENDENT | The Minister of Security Maj. Gen Jim Muhwezi is the Ugandan minister cited in the Pandora Papers as having secret offshore properties. On Monday, the International Consortium of Investigative Journalists-ICIJ released the now-famous Pandora Papers where it reviewed more than 11 million documents …

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FlyHub picks Muhumuza as first CEO

Kampala, Uganda | THE INDEPENDENT | FlyHub Uganda Limited, a subsidiary of Stanbic Bank Uganda Holdings Limited (SBUL) has announced the appointment of Joel Muhumuza as its first Chief Executive Officer. FlyHub is a newly created FinTech company and one of four subsidiaries under SBUL, the others being, SBG Securities, …

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