James Onyutta, Managing Director at FINCA Uganda By Cynthia Ruth Naggayi Research is increasingly becoming one of today’s most critical business assets, used especially to solve problems, advance technology, inform policymaking, and, most fundamentally, expand human knowledge. But, at the heart of all research is data, whether in the form of observations,
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Financial institutions in Uganda approved loans worth Shs1.3Trn in May 2024, with personal and household loans taking the largest share. According to the Performance of the Economy Monthly Reportfor June 2024 released by the Ministry of Finance, Planning and Economic Development, the value of credit approved for disbursement amounted to Shs1.331Trn up from
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Central bank gold buying continues to sizzle. When the Bank of Uganda announced its intention to purchase gold from artisan, small, medium, and large-scale miners, some players in the precious stones industry wondered why a sudden policy reversal. It has been close to three decades since the Bank of Uganda
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Micheal K. Mugabi, the Managing Director of Housing Fiance Bank addressing the East African Banking School Conference. East African Banking School conference (EABS), organized by three prominent banking institutions in East Africa—the International Institute of Banking and Financial Services, the Kenya School of Bankers, and the Tanzania Institute of Bankers—brought together
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Guests at the conference in a group photo The Uganda Institute of Banking and Financial Services (UIBFS), in partnership with The Kenya Institute of Bankers and The Tanzania Institute of Bankers, hosted the 21st East African Banking School (EABS) Conference from July 9th to July 12th, 2024, at the Sheraton
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Josephine Nakoma Mukumbya, who leads the team at the Agri Business Development Centre As dfcu Bank celebrates its 60th anniversary, we pause to reflect on its legacy of Transforming Lives and Businesses in Uganda. The Bank has been a pillar for agricultural practitioners across Uganda, from supporting cooperatives, farmer-based organisations, and
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A photo montage of some bank CEOs/MDs Customer deposits for the 25 commercial banks operating in Uganda increased to Shs33.92 trillion in 2023, up from Shs31.53 trillion in 2022. Business Focus’ exclusive analysis of the banks’ financial statements for the year ended 31st December 2023 shows that the top 10 largest banks
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Grace Semakula(left), the Chief Executive of SBG Securities, Francis Karuhanga (2nd right) , the Chief Executive of Stanbic Uganda Holdings Limited, and Aggie Konde (right), the Board Chairperson of SBG Securities. In a move poised to transform Uganda's investment landscape, SBG Securities, a subsidiary of Stanbic Uganda Holdings Limited, has
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dfcu Bank management, and Guest of honor cutting cake during dfcu bank's 60 year anniversary celebrations at Mestil Hotel dfcu Bank has officially marked its 60th anniversary at a grand gala, celebrating six decades of operation and impactful service towards fulfilling its purpose of ‘Transforming Lives and Businesses. The Diamond anniversary event,
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The Golden Jubilee celebrations, was held on Friday, June 28, 2024, at the Victoria Hall at the Kampala Serena Hotel. The echoes of celebration still resonate as I&M Bank Uganda commemorated fifty years of banking excellence. The Golden Jubilee celebrations, held on Friday, June 28, 2024, at the Victoria Hall
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