The Managing Director of Absa Bank Uganda, Mumba Kalifungwa (pictured) has called for creativity of purpose driven innovations to enhance equitable service delivery for sustainable growth in the banking sector. Mumba said this during the 12th Edition of the Annual CEO Forum 2021 held under the theme ‘Innovating for Shared Value –
Read MoreBanking
The Insurance Regulatory Authority of Uganda (IRA) has published industry performance for the period April-June 2021 (Q2) with Bancassurance recording a 54% growth dominated by Stanbic Bank Uganda which consolidated its market-share to 21.2% from 19.1 between January and March. According to IRA, the insurance industry registered impressive growth in
Read MoreGrace Muliisa is new the Managing Director of Ecobank Uganda Ecobank Uganda, a subsidiary of the leading pan-African Banking Group, Ecobank Transnational Incorporated, (‘ETI’), and parent company of the Ecobank Group, is delighted to announce the appointment of Ms. Grace Muliisa as the Managing Director of Ecobank Uganda. The announcement
Read MoreVP Alupo Lauds Stanbic National Schools Championship As Kyebambe Girls Project Wins 2021 Competition
Guest of Honor, Vice President Jessica Alupo, Stanbic Bank CEO Anne Juuko pose for a picture with some of the participating students and teachers The 6th Edition of the Stanbic National Schools Championship (NSC) recently came to a thrilling climax at the Sheraton Hotel Kampala, graced by the Vice President Jessica Alupo and State Minister for Youth, Sara Mateke. More than a dozen projects drawn from all regions of Uganda faced off, in a grueling final that
Read MorePostBank’s Farmers’ Forums Set to Spur Business Growth For Farmers In Seven Districts
PostBank Branch Manager Mubende, Ms. Margaret Nakkazi (C) and Mr Jimmy Ocen, Manager Agricultural lending PostBank (2nd R) Uganda pose with farmers in Mubende after 2021 Agriculture Forum PostBank a financial institution that is committed to empowering lives, has today launched a series of agricultural forums in seven districts. These forums
Read MoreFaridah Nalubega, Manager Cards and Money Transfers at dfcu Bank Under its umbrella campaign dubbed ‘Banking at the Speed of U!’, dfcu Bank has announced a new enhancement to its digital services, with the introduction of Cardless Deposit Functionalities across the country. With the new service, both dfcu and non-dfcu
Read MoreCommercial banks approved loans to a tune of Shs661bn which is Shs11.2bn less than loans approved in the previous month. This revelation is contained in the Performance of Economy Performance Report for August 2021 that was recently released by the Ministry. “The value of loans approved in July declined to
Read MoreBrian Yesigye Bravo, the man behind Stress Free Investment Club Stress Free Investment Club was recently officially launched after 14 months in operation. The Club’s Vision bearer, Brian Yesigye Bravo, rallied “Stress Free Group” members on Facebook to an investment Club. This was during the first Covid-19 lockdown in 2020.
Read MoreYesigye addresses Stress Free Club members during the AGM last Saturday Khan Associates, external auditors hired to audit books of accounts of Stress Free Investment Club Saturday reaffirmed investors’ faith in saving after it confirmed that the club’s finances are being managed well. “The club’s statement of financial position and
Read MorePostBank Uganda Ltd (PBU) has rubbished claims that its employee benefited from COVID-19 relief funds meant for vulnerable Ugandans. On 3rd September 2021, some media outlets published a story regarding an investigation into the management of COVID-19 beneficiaries lists by Gulu City Officials. In the said media stories, it was reported
Read More