Businessman Hamis Kiggundu, popularly known as HAM, has lost an appeal in the Supreme Court after 6 judges unanimously agreed the Sh120 billion, which was extended to him by DTB Uganda and DTB Kenya is within the law.
Stanbic Bank Uganda has chosen IBM’s Cloud Pak Integration Software, an open banking platform, to support its digital transformation and enhance the customer experience. The bank plans to implement the IBM Cloud Pak digital banking platform, replacing legacy systems and streamlining processes as part of its IT transformation strategy. Uganda has prioritized smart policies to…
The Fund has witnessed 42.5 million transactions through which 20.2 million Kenyans have accessed about Sh30 Billion
Dfcu Bank has reiterated its unwavering commitment to the SME sector and its crucial role in Uganda’s economy. The remarks were made by Charles Mudiwa, CEO of dfcu Bank at the launch of the highly anticipated 2023 edition of the Top 100 Mid-sized Companies Survey at an event, held at the Sheraton Kampala Hotel. The…
Stanbic Bank, Kakira Sugar Works, and the Busoga Sugarcane Growers Association have formed a partnership to provide sugarcane farmers in Busoga with a new loan solution.
The Finance Ministry has announced that Uganda’s parliament has given its approval to a 10% increase in government spending, raising it to 52.73 trillion shillings ($14 billion) for the fiscal year 2023/24. According to Ugandan law, lawmakers must grant approval for the government’s spending plans before they are officially presented in the budget speech. The…
Equity Group, the largest financial institution in East and Central Africa, has once again demonstrated its strength and prominence in the global banking industry. The bank achieved high rankings in Brand Finance’s 2023 Brand Strength and Brand Value assessments.
Absa Bank Uganda has been directed by the court to pay a sum exceeding Shs 6 billion after illegally selling a school it alleged had defaulted on loan repayment.
