I&M Bank CEO Robin Bairstow (right, front row) shares a photo moment with fellow stakeholders during the Insurance Industry Post-Budget Forum held last week at Mestil Hotel in Kampala. On Tuesday, June 17, the Insurance Training College (ITC) of Uganda hosted the Insurance Industry Post-Budget Forum, to analyze the Shs72.136
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Mobile money transactions are increasing every passing day Mobile money transaction values significantly increased by 31.5 from UGX 192.9 trillion in the twelve months ending June 2023 to UGX 253.7 trillion in the year to June 2024, the Bank of Uganda Annual Report for Financial Year 2023/2024, reveals. Similarly, the
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Agriculture is the backbone of Uganda’s economy but the sector continues to get highest interest rates Agriculture sector tops the sectors with highest lending rates in Uganda, Bank of Uganda’s Annual Report for 2023/2024, has revealed. The report says in 2023/2024, interest rates varied among sectors primarily due to differences
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Uganda’s stock of outstanding private sector credit grew by 0.8 percent to Shs23.3 trillion in March 2025 from Shs23.12 trillion recorded in February 2025. This is contained in the Performance of the Economy Monthly Report for April 2025 released recently by Ministry of Finance, Planning and Economic Development’s Macroeconomic Policy
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Dr. Emma Naluyima is a successful piggery farmer We recently had the opportunity to speak with Dr. Emma Naluyima, a Ugandan veterinary doctor with a Bachelors in Vet Medicine (BVM) and a Masters in Health Services Research (MHSR) and also a selected judge for the dfcu Bank – Vision Group
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Yassine Samir - the Executive Director of Bank of Africa Uganda Imagine opening a bank account in minutes, without stepping into a banking hall, queuing up, or filling out piles of forms. Just you, your phone, and a few taps. That’s the power of digital account opening—and if you haven’t
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Some of the Angry Tobacco farmers who Stormed Post Bank Arua for the Money on Monday. Over 100 tobacco farmers on Monday stormed Post Bank in Arua, demanding full payment of money owed to them by the Continental Tobacco Company since 2018. In that year, 1,500 farmers from Arua, Terego,
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Uganda’s banking industry Non-Performing Loans (NPLs) reduced to Shs1.019 trillion in 2024, down from Shs1.18 trillion recorded in 2023, Business Focus exclusively reports. Although 10 banks have high NPLs (whose ratio is above 5%), the industry NPL ratio is 4.69%. This analysis is derived from the financial statements for the
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Pebuu to accelerate agent banking across West Africa as CEO John Paul Ssemyalo (Left) meets Kezia Owusu-Ansah of Templars Ghana in Accra to discuss legal pathways for expansion. Pebuu Africa, a leading provider of technology-enabled field management solutions, has officially expanded its operations into West Africa, marking its entry into
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NCBA top management at the event NCBA Bank Uganda hosted its annual NCBA Connect Evening, a Customer appreciation dinner gala to celebrate a year of strong financial performance, officially unveil its new Head Office at Twed Towers in Nakasero, and launch the refurbished Nakasero Branch. The event marked a major
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