Stanbic Bank and TotalEnergies have joined forces to offer an enhanced payment solution for individuals with TotalEnergies Cards in Uganda. Through the partnership, cardholders can now conveniently load credit to their cards using Stanbic Bank’s digital payment solution, FlexiPay. Previously, customers had to physically visit a TotalEnergies Service Station or a Stanbic Agent to reload…
Interswitch, the leading integrated payments and digital commerce company in Africa, has formed a strategic partnership with Equity Bank, one of East Africa’s top banking groups. The collaboration aims to offer faster and more affordable banking services to Equity Bank’s customers at over 650 Interswitch-enabled ATMs belonging to 17 local banks in Uganda. This partnership…
In honor of World Blood Donor Day, dfcu Bank has launched a two-day blood donation drive in partnership with the Uganda Red Cross Society (URCS) at its branches. The inaugural drive kicked off this morning at the dfcu Bank Head Offices in Nakasero and will continue until June 15 at various locations, including Nakasero and…
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…
In 2022, Uganda’s banking sector demonstrated a robust performance, showcasing a resilient post-Covid-19 economic recovery. Commercial banks achieved remarkable results across essential performance indicators in 2022.
