Company News

I&M Bank boosts the 10th Kids of Africa Run to create awareness about menstrual health

by Paul MurungiCompany NewsAugust 29, 2024August 29, 2024

The Kids of Africa Run will return for the 10th edition on September 8, 2024, at Kids Pioneer School in Entebbe.  This year’s run was announced on Tuesday, August 27th,…

South Africa Founded Fintech Omnisient Secures $7.5 Million Investment From Arise to Grow Financial Inclusion Across Africa and Beyond.

by Jon LubwamaAdvertising & CommunicationAfricaCompany NewsFinanceFintechsGlobal NewsICTIndustry & AnalysisThe Big StoryAugust 27, 2024August 27, 2024

South African fintech start-up Omnisient has received a $7.5 million investment from Arise, a company that invests in African financial service providers and fintechs that advance financial inclusion. Founded in…

Earn with every purchase- dfcu Bank launches exciting new Cashback program for debit and credit card users

by Paul MurungiCompany NewsAugust 27, 2024August 27, 2024

dfcu Bank has launched a new Visa Cashback campaign aimed at rewarding its customers. The campaign, which is part of the Bank’s strategic partnership with Visa, underscores dfcu Bank’s commitment…

Finance Trust Bank puts women first in sports with UGX 2 billion sponsorship

by Paul MurungiCompany NewsAugust 27, 2024August 27, 2024

Finance Trust Bank was established in 1984 with a mission to empower women to achieve their dreams and has over the last 40 years helped tens of thousands of women…

Manufacturers urge government to cut down costs of Digital Tax Stamps to increase usage and revenue yield

by Muhereza KyamuteteraCompany NewsNews & AnalysisAugust 24, 2024August 24, 2024

Manufacturing sector players have asked the government to reduce the cost of digital tax stamps (DTS) in a bid to drive usage by all targeted users. According to manufacturers, the…

dfcu Bank’s H1 2024 profit surges 45% to UGX42 billion

by Muhereza KyamuteteraCompany NewsNews & AnalysisAugust 24, 2024August 24, 2024

dfcu Bank this week announced its financial results for the first half of fiscal year 2024, reporting an improved performance in Net profit after tax, which increased by 45% to…

dfcu Bank unveils Business Loans campaign with financing solutions for entrepreneurs

by Paul MurungiCompany NewsAugust 22, 2024August 22, 2024

dfcu Bank, a cornerstone of Uganda’s financial landscape with a 60-year legacy rooted in development finance, has launched its latest business lending campaign aimed at empowering small and medium enterprises…

Special offer for I&M Bank Mastercard holders as Re-Björn brings ABBA hits to Kampala

by Paul MurungiCompany NewsAugust 21, 2024August 22, 2024

The UK’s leading ABBA tribute act, ABBA Re-Björn, will make their debut performance in Uganda on Friday, 6th and Saturday, 7th September 2024, at Somewhere Else Bar and Restaurant in…

Finance Trust Bank launches UGX23 billion GROW fund for women in business, agriculture and trade

by Paul MurungiCompany NewsAugust 21, 2024August 26, 2024

Finance Trust Bank has launched a UGX 23 billion kitty in GROW loans to over 3000 women during a financial literacy training program at UMA Multi-purpose hall in Kampala.   Ms…

Stanbic Bank Uganda’s net profit surge to UGX 236 billion in the first half of 2024

by Paul MurungiCompany NewsAugust 18, 2024August 18, 2024

Stanbic Bank Uganda has maintained a strong growth momentum in the first half of 2024 posting a profit of UGX 236 billion on its income statement.  This represents a 17.6…