David Wandera, MD ABSA and Sanjay Rughani, CEO Absa Bank Uganda, a wholly owned subsidiary of the Absa Group, is set to acquire Standard Chartered Uganda’s Wealth and Retail Banking (WRB) business portfolio in Uganda. The transaction is subject to regulatory approvals. This follows Standard Chartered’s 27 November 2024 announcement
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The Brand-New Bus arriving through the gates of Nabumali Boarding Primary School It was jubilation and a mood of joyousness at Nabumali Boarding Primary School in Mbale on Thursday 23 October 2025 when Equity bank Uganda delivered to the school its very first Bus. Everything was set, to welcome the
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Pearl Bank leadership lead by Managing Director Julius Kaketo and Stanbic Bank Delegation led by Chief Executive Mumba Kalifungwa pose for a group photo the lunch in at Sheraton Hotel in Kampala In a landmark partnership that signals collaboration over competition, Pearl Bank Uganda (formerly PostBank Uganda), a leading government-owned
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Ugandans to be registered as sugarcane out growers must be in possession of not less than one hectare of land on which to grow it and they will be required to sell their cane to specific sugar factories. This is according to the new regulations to regulate Uganda’s sugar sector
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By Godfrey Sseruta Across Uganda, alcohol is part of the cultural connection, and, in many ways, the social lubricant that drives interactions, closes business deals and celebrates victories. It plays a role in everyday hospitality and economic growth. When enjoyed responsibly, it fuels celebration, supports local supply chains, and creates
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Kate K. Kiiza (L), dfcu Executive Director, Chief of Corporate and Institutional Banking at dfcu, exchanges partnership documents with MANTRAC Uganda official dfcu Bank has announced a strategic partnership with MANTRAC Uganda, the authorized dealer of Caterpillar equipment, to provide businesses with affordable, flexible, and comprehensive financing solutions for brand-new
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Trading at USE. Founders can list their businesses on the Uganda Securities Exchange or bring in private equity partners to invest. By Denis Jjuuko Last week, we discussed the transition nobody is talking about where business owners of the 1970s, 80s and basically those who have made it over the
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The headmistress Ms. Margret Nabakooza (3rd Left) of St.Joseph nursery and primary school Nansana together with officials from Housing Finance Bank and WaterQuip commissioning a water purification system Access to safe and clean water has been improved through a collaboration between Housing Finance Bank (HFB) and WaterQuip Uganda Limited, with
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The helicopter A wave of excitement swept through Wakiso District Headquarters as the sound of a helicopter circling overhead drew the attention of residents and district staff. News quickly spread that the aircraft had come to deliver a parliamentary candidate. For several minutes, the helicopter hovered above, its presence dominating
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The Boda Boda sector is Uganda’s second largest employer with millions of riders In a move to advance sustainable mobility and economic empowerment, NOVA Microfinance, a leading provider of inclusive and green financial services, has partnered with Spiro, a pioneer in electric mobility solutions. The partnership aims to make electric
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