PostBank Uganda, whose purpose is to foster prosperity for Ugandans, has today given a Ramadan token to Kalerwe Mosque to support 200 families and enable them to celebrate the upcoming...
On Monday, Housing Finance Bank (HFB) hosted a special Iftar dinner at Hotel Africana to express its appreciation to its Muslim staff and customers for their continued support and loyalty...
Stanbic Uganda Holdings Limited (SUHL) has once again proven its financial strength, posting a record net profit of UGX 478 billion in 2024, up from UGX 411.5 billion in 2023,...
Stanbic Uganda Holdings Limited (SUHL), the parent company of Stanbic Bank Uganda and four other subsidiaries, has announced a record net profit of UGX 478 billion for the financial year...
Government, through Ministry of Finance is seeking about $ 50 million (UGX 183 billion) from Absa Bank as capital investment into the Uganda Electricity Distribution Company Limited (UEDCL) to fully……
Bank of Uganda has started the implementation of regulation of substantially well capitalised Savings and Credit Cooperative Societies (Saccos). The move, which starts with the issuance of an MDI licence to…
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This year holds a promise of growth with more Ugandans taking on insurance, The sector, even as penetration remains under 1 percent, has been expanding in terms of premiums, supported by especially growth in health or medical…
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Uganda’s insurance sector has for long been viewed as a male-dominated sector, however, the last decade has seen more women rise into leadership ranks. On this Women’s Day, the CEO…
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Insurance gross written premiums grew by 12.04%, increasing by at least UGX 192.4 billion in the three months to December 2024. Details contained in the Insurance Regulatory Authority (IRA) Market Performance…
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The highly anticipated I&M Bank Katogo Golf Series is back for the 2025 season, promising thrilling competition with new formats of play and a significant financial boost. The tournament was…
Beyond the conventional channels of writing insurance premiums, insurers have also built a new revenue stream of bancassurance through which they partner with banks to recruit new policyholders. During the three…
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By Adons Aryong For the last half of a century, Uganda’s vibrant education system held onto traditional models of school fees collections through direct bank deposits and cash payments at…
The High Court has directed Bank of Uganda (BoU) to pay UGX 200 million to an interior design firm, C&S Upholstery Limited, for unfairly disqualifying it from a multi-billion contract…
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dfcu Bank has announced the appointment of Hope Lorna Nakhayenze as its new Chief Risk Officer, effective 1st March 2025. The Bank stated that in this role, she would be…
Rwanda’s President, Paul Kagame has appointed Ms. Soraya Munyana Hakuziyaremye as the first female Governor of the National Bank of Rwanda, which is a promotion from her initial role of …
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