Financial institutions approved loans to a tune of UGX1.930Trn in October 2025, with personal loans taking the biggest share. This is according to the Ministry of Finance, Planning and Economic Development’s the Performance of the Economy Monthly Report for November 2025 that was released last week. “The value of credit
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Michael Mugabi (Left) shakes hands with Rt.Hon the Prime minister of Kooki Kingdom Ahmed Kiwanuka after signing the MOU with HFB at their Head Office in Kololo Housing Finance Bank has signed a Memorandum of Understanding (MoU) with Kooki Kingdom, a traditional cultural institution recognized under the Constitution of the
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Douglas Nidoi, Ecosystems Manager at dfcu Bank Mobile money agents are the engine of Uganda’s everyday economy, and this is most visible on weekends. From Friday evening through Sunday, transaction volumes surge as customers trade, pay, and move money. The dfcu Weekend Agent Float Loan was designed with one clear
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Robin Bairstow, the I&M Bank Uganda CEO I&M Bank has introduced IMBRISK, a transactional solution that enables customers (new and existing) to deposit, withdraw, and transfer funds across I&M Bank branches in Uganda, Kenya, Tanzania, and Rwanda. With this solution, customers can now seamlessly manage their funds and make transactions
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UEDCL and Absa bank officials in a group photo after signing the loan agreement Uganda Electricity Distribution Company Limited (UEDCL) has signed a multibillion deal with Absa Uganda to boost the giant utility’s distribution network. The five-year US 50 million (about sh190 billion) financing, signed this morning at the UEDCL
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Mark Muyobo, CEO of NCBA Bank Uganda As regional trade within the East African Community (EAC) accelerates, banks are locked in a high-stakes race to dismantle the historical barriers of complexity and cost. They are deploying cutting-edge digital tools to simplify cross-border transactions, fundamentally redefining how capital moves between nations.
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I&M Bank team receiving the award The I&M Select Banking Sapphire Club, by I&M Bank Uganda, was named the ‘Best Innovation of the Year’ at the fifth Uganda Marketing Excellence Awards (UMEAS), held on Thursday evening at Kampala Serena Hotel. The award was received by the bank’s Head of Marketing
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Best farmers in a group photo The Best Farmers Awards 2025 once again brought together Uganda’s most outstanding agricultural innovators, recognising resilience, creativity, and leadership across the sector. As a long-standing partner, dfcu Bank reaffirmed its commitment to transforming agriculture and elevating farming communities across the country. Speaking at the
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John Paul Ssemakula- Business Unit Director and Colleagues from Metropolitan Republic receive the award for the Best Non for Profit Social- good campaign 2025 Stanbic National Schools Championship (Battle of the Champions) has won awards for Best Non for Profit/ Social Good Campaign and Best Use of Sustainability during a
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Some of the winners in a group photo dfcu officials and keynote speaker Three outstanding entrepreneurs led a cohort of twenty finalists at the dfcu Rising Woman Awards 2025, where dfcu Bank and Monitor Publications Limited honoured Uganda’s most promising women-led enterprises in a ceremony held at the bank’s headquarters
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