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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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 …
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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, …
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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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The Independent Uganda: You get the Truth we Pay the Price
