Equity Bank has moved its Bugolobi branch to a new, more convenient location to better serve its customers. The branch, formerly on Luthuli Avenue, is now located at Hensley Business Park, Plot 3-5 Mpanga Close, Mulwana Road, putting it right in the middle of Bugolobi’s bustling commercial area. The new location is part of Equity…
KCB Bank Uganda is facing significant challenges following a major glitch in its agent banking system that reportedly led to incorrect payouts to agents nationwide. The anomaly, which occurred during a 12-hour period on a recent Tuesday, resulted in agents allegedly receiving higher amounts than intended for withdrawals and transfers. While KCB Bank Uganda has confirmed…
In a move to bolster financial inclusion and fight poverty across its member countries, the Islamic Development Bank Institute (IsDBI) has unveiled a new, five-volume series of Islamic Microfinance Toolkits. These comprehensive guides provide a practical roadmap for policymakers, regulators, and practitioners looking to build and manage Islamic microfinance institutions. A Comprehensive Guide to Inclusive…
Sanlam Investments East Africa Limited has announced it will officially rebrand to SanlamAllianz Investments Limited, effective September 15, 2025, following the successful completion of a landmark joint venture between two global financial powerhouses. Historic Partnership Creates Financial Giant The rebranding comes after the closure of the SanlamAllianz Joint Venture in September 2023, which created a…
