The lender has waived transaction charges and loan arrangement fees for six months and says credit decisions will be made within 48 hours Kampala, Uganda | JULIUS BUSINGE | NCBA Bank Uganda has launched a new business banking proposition offering unsecured loans of up to Shs500 million within …
Read More »Equity Bank gives schools financial stability
Equity Bank Uganda Steps In to Bridge School Financing Gaps Kampala, Uganda | NEWS CORRESPONDENT | Equity Bank Uganda has concluded its School Bridge Financing campaign with a dedicated education sector engagement held on June 23 at Hotel Africana. The event brought together school proprietors, administrators, and education leaders to …
Read More »Equity Bank steps in to help schools survive
Kampala, Uganda | NEWS CORRESPONDENT | As schools across Uganda reopened last month for a new term, excitement returned to classrooms, playgrounds and staffrooms. Yet behind the scenes, school administrators and parents are confronting a familiar challenge: financing education at the start of the academic term. For many schools, the …
Read More »Rent-to-own expands as Africa rethinks homeownership models
Rent-to-own housing is gaining traction as African cities respond to limited mortgage access and rising demand. The model allows households to build equity through monthly payments, creating a gradual path to ownership. Governments and developers in markets such as Rwanda, Kenya, and South Africa are already piloting it. …
Read More »How smart financing is helping Ugandan schools stay open and growing
Kampala, Uganda | NEWS CORRESPONDENT | As a new school term begins, classrooms fill with eager learners, but behind the scenes many schools face a familiar financial storm. Salaries must be paid, utilities cleared, supplies purchased and facilities maintained, all before most parents complete paying school fees. This timing gap …
Read More »Makerere VC advocates for gov’t scholarships, loans for graduate students
Kampala, Uganda | THE INDEPENDENT | Professor Barnabas Nawangwe Vice Chancellor Makerere University has urged the government to introduce dedicated scholarships and loan schemes for postgraduate students, particularly at the PhD and Master’s levels, to tackle persistently low completion rates and accelerate the institution’s ambition to become a leading research …
Read More »Creating banking experiences that truly work for women
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 »ZUUKUKA: Union promises 1 million new members to boost NSSF’s SmartLife campaign
Kampala, Uganda | THE INDEPENDENT | State Minister of Finance for Investment and Privatization Evelyn Anite Kajik has hailed the Union — leaders of boda boda, taxis, buses and trucks in Uganda — for their efforts to take their members out of poverty by teaching them how to save money …
Read More »Afreximbank tops Bloomberg Africa loans ranking
Cairo, Egypt | THE INDEPENDENT | The African Export-Import Bank has ranked first as Mandated Lead Arranger and Bookrunner in the 2025 Bloomberg Africa Borrower Loans League Tables, reinforcing its position as a leading arranger of capital for African borrowers. The rankings recognize the bank’s role in mobilizing large-scale financing from …
Read More »Tough times, surprising priorities
A glimpse into Uganda’s Shs166.8 billion MP vehicle allocation COMMENT | LILIAN ZWEDDE SENTEZA | In a controversial move, Uganda’s Parliament greenlit Shs166.8 billion (approximately $45 million) in the 2026/27 national budget to purchase new vehicles for its 529 lawmakers. This amounts to roughly Shs315 million per MP. Officially framed as …
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The Independent Uganda: You get the Truth we Pay the Price