Equity Bank Uganda

ANALYSIS: Is Simbamanyo’s Peter Kamya an innocent victim or a dishonest businessman trying to cheat Equity Bank? Did he also lie to Museveni to arm-twist the banks?

by The CEO Magazine TeamThe Big StorySeptember 27, 2021September 27, 2021

Last week a letter from President Yoweri Kaguta Museveni directing the Bank of Uganda Governor, Prof. Emmanuel Tumusiime Mutebile, to investigate the foreclosing of properties, belonging to Architect Peter Kamya…

NSSF expands Education Intervention Project to rural public schools

by CEO ReporterCompany NewsNews & AnalysisJune 2, 2021June 2, 2021

The National Social Security Fund (NSSF) has extended its Education Intervention Project to improve the learning conditions in government aided primary schools Upcountry. The Fund will cumulatively have spent UGX…

Equity Group Holdings Plans Trans-Africa Expansion with US$100m Loan from African Development Bank

by CEO ReporterCompany NewsFinanceApril 11, 2021April 12, 2021

Equity Group Holdings (EGH) has signed a USD $100 million (UGX364 Billion) loan facility to support its expansion across Eastern and Central Africa, enhancing its ability to serve small and…

Equity Bank to Support Agribusiness SMEs With new Structured Trade Commodity Finance

by CEO ReporterCompany NewsMarch 26, 2021March 26, 2021

Equity Bank Uganda has launched a new loan portfolio dubbed “Structured Commodity Finance Loan (SCF)”, a financing solution aimed at supporting the growth of agribusinesses and smallholders. The structured commodity…

United Nations Uganda, Equity Bank Uganda Establish new Partnerships to Accelerate attainment of SDGs

by CEO ReporterCompany NewsMarch 22, 2021March 22, 2021

The United Nations system in Uganda and Equity Bank Uganda have established new partnerships for acceleration of the attainment of the Sustainable Development Goals (SDGs) in the country. The new…

Commercial Court dismisses Simbamanyo Estates case against Sudhir

by CEO ReporterThe Big StoryFebruary 19, 2021February 19, 2021

The Commercial Court in Kampala has dismissed a case in which Simbamanyo Estates Limited proprietors had wanted to halt the auctioning of its prime properties in Kampala by Equity Bank…

What it means for Equity to Cross the Ksh1 Trillion Balance Sheet Mark

by CEO ReporterCompany NewsDecember 29, 2020December 29, 2020

Recently, Equity Group crossed the Ksh1 trillion (UGX33.3trillion) rubicon becoming the first bank in Eastern and Central Africa to cross this mark. The milestone, according to the bank, was achieved…

Equity Bank’s Allen Ssempa joins Crown Beverages as Corporate Communications Manager

by Muhereza KyamuteteraCompany NewsOctober 1, 2020October 1, 2020

Allen Ssempa, formerly with Equity Bank as Senior Marketing Officer – Communications has effective today, October 1, 2020, joined Crown Beverages Limited as the bottler’s Corporate Communications Manager. Crown Beverages,…

Equity CEO James Mwangi wins 2020 Oslo Business for Peace Award

by Samuel MuhimbaCompany NewsSeptember 11, 2020September 11, 2020

Dr. James Mwangi, Group Managing Director and CEO of Equity Group Holdings Plc, the parent group of Uganda’s 8th largest bank by assets (UGX 2.627 trillion at end of 2019)…

Finance Trust Bank drops Prime Lending Rate to 21% for new loans

by Samuel MuhimbaCompany NewsAugust 10, 2020August 10, 2020

Finance Trust Bank (FTB) has become the 3rd commercial bank to reduce its Prime Lending Rate, revising it to a significant 21 percent from 22 percent per annum up effective…