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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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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Kampala, Uganda | URN | The financial industry in Uganda enjoyed good business last year, according to financials being released, the latest being Stanbic Uganda Holdings Limited-SUHL, with UGX 591 billion profit after tax. This new record was a jump from UGX 478 billion posted for the year ended December …
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Kampala, Uganda | THE INDEPENDENT | FMO, the Netherlands’ development bank, has extended a $20million senior unsecured facility to I&M Bank Uganda Limited to expand lending to small and medium-sized enterprises (SMEs), a segment widely seen as vital to Uganda’s economic growth but often constrained by limited access to finance. …
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The Independent Uganda: You get the Truth we Pay the Price
