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December 17, 2025
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    Financial Inclusion

    Equity Group Announces Strong Q3 2025 Results, Recording A 32% Growth In Profit After Tax Reflecting Strategic Transformation

    Brian EmorutCompany NewsNews & AnalysisOctober 31, 2025October 31, 2025

    Equity Group Holdings Plc has announced its Q3 2025 results, showcasing a robust performance driven by strategic transformation and resilience. The Group’s Profit After Tax surged 32% to Kshs 54.1…

    Centenary Bank Champions Women’s Economic Empowerment at the 2025 Women’s Enterprise Conference.

    Brian EmorutCompany NewsNews & AnalysisOctober 31, 2025October 31, 2025

    Centenary Bank, the largest commercial microfinance bank in Uganda, joined women entrepreneurs, policymakers, and development partners at the annual Women Enterprise Conference with a shared goal of bridging the financial and economic…

    Pearl Bank’s Wendi Wallet, TotalEnergies Partner to Ease product Merchant Payments of Up to UGX 5 million

    Paul MurungiBanking & InsuranceCompany NewsOctober 26, 2025October 26, 2025

    Wendi, the digital wallet developed by Pearl Bank (formerly PostBank Uganda) has today announced a partnership with TotalEnergies Marketing & Services (M&S) aimed at simplifying customer payments at all Total fuel stations using the…

    Absa Bank Acquires Standard Chartered’s Retail and Wealth Business in Uganda

    Paul MurungiThe Big StoryOctober 24, 2025October 24, 2025

    Absa Bank Uganda has entered into an agreement to acquire the Wealth and Retail Banking (WRB) business of Standard Chartered Bank Uganda. The acquisition marks a major shift in Uganda’s…

    Banking that Fits into Your Life, Isaac Bigirwa sheds light on dfcu’s USSD Code *240# and Mobi Loan

    Brian EmorutIndustry & AnalysisQ + AsOctober 22, 2025October 22, 2025

    Banking has evolved from long queues and endless paperwork to something you can do in seconds, anytime, anywhere. dfcu Bank is leading that digital revolution with two powerful tools, that…

    Centenary Bank Joins thousands at the 2025 Kampala City Festival

    Brian EmorutCompany NewsNews & AnalysisOctober 17, 2025October 17, 2025

    Centenary Bank, Uganda’s leading microfinance bank, joined thousands of Kampala residents to celebrate the Kampala City Festival 2025 on 12th October 2025, under the theme “Celebrating Enterprise and Innovation in…

    Centenary, KCB and PostBank Dominate Agent Banking Recruitment as Transactions Hit UGX 29 Trillion-BoU Report

    Paul MurungiBanking & InsuranceThe Big StoryOctober 14, 2025October 14, 2025

    Uganda’s agent banking industry has entered a new phase with latest data from Bank of Uganda painting a picture of a sector in full bloom. As of June 2025, the…

    Ugandan Banks Post Record UGX 1.9 Trillion Profit as Customer Deposits Surge to UGX 41.6 Trillion-BoU Report

    Paul MurungiBanking & InsuranceThe Big StoryOctober 13, 2025October 13, 2025

    Uganda’s banking sector has cemented its recovery and resilience, posting a record UGX 1.9 trillion net profit for the year ended June 2025.  This was a nearly an increase of…

    Cheque Transactions Drop by 3.6% as BoU Pushes for More Digital Payments

    Paul MurungiBanking & InsuranceThe Big StoryOctober 13, 2025October 21, 2025

    Payments through cheques in Uganda’s financial eco-system continues to decline as Bank of Uganda (BoU) intensifies efforts to promote digital and electronic payments. Latest data from the central bank shows…

    BoU Report: Cash Still Rules, but Digital Payments Are Catching Up

    Paul MurungiFintechsThe Big StoryOctober 13, 2025October 21, 2025

    Despite the steady rise of mobile money, fintechs, and online banking, cash continues to dominate Uganda’s payment landscape.  Bank of Uganda (BoU), in its latest currency and payment systems report,…

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