COMMENT | JAEL CHRISTINE WAWULIRA | For many women, banking is not just about opening an account or taking a loan. It is about finding financial services that understand their realities, support their ambitions, and respond to the responsibilities they carry every day. This is why customer experience has …
Read More »Innovative banking solutions accelerate cross-border finance as East Africa’s trade and travel grow
Kampala, Uganda | THE INDEPENDENT | Cross-border banking is becoming increasingly central to East Africa’s financial system as rising trade, travel and labour mobility drive demand for seamless regional financial services. Banks across the region are expanding beyond their home markets through branches, subsidiaries and digital platforms to follow customers, …
Read More »M&A in 2025: Banks, insurers and telcos lead consolidation
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 …
Read More »Pearl Santa excites Kampala after tour of East, West and Northern Uganda
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 …
Read More »IMBRISK to enable cross-border I&M Bank transactions across East Africa
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 …
Read More »I&M Bank Uganda appoints Rutabanzibwa Lwanga as head of risk, signals stronger governance push
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 …
Read More »Businesses flock to Ethiopia’s newly-opened banking market
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 …
Read More »Stanbic Bank strengthens its Karamoja network
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 …
Read More »EQUITY GROUP: 32% growth in Profit After Tax for Q3 2025
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 …
Read More »Absa Bank Uganda convenes industry leaders for landmark workshop on data privacy
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 Independent Uganda: You get the Truth we Pay the Price