Finance & Banking
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Standard Chartered Bank launches campaign to reward loyal clients
KAMPALA, July 2, 2025 –– Standard Chartered Bank Uganda has launched a new deposit campaign dubbed “Jaguza ne Standard Chartered”, aimed at rewarding clients for saving, transacting, and maintaining deposits with one…
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Carbon Markets Africa Summit: Unlocking Africa’s Carbon Wealth Through Integrity, Action and Investment
KAMPALA, July 1, 2025 –– The award-winning VUKA Group has officially launched the Carbon Markets Africa Summit [CMAS], a purpose-driven, high-level continental gathering that will take place October from 21 to 23,…
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SACCO leaders convene to drive innovation and inclusive finance
FORT PORTAL CITY, June 25, 2025 –– In a bid to foster experience-sharing, innovation, and inclusive financing, the Uganda Cooperative Savings and Credit Union Limited [UCSCU] on Tuesday hosted the 4th Annual…
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Afreximbank Appoints Dr. George Elombi as Next President
ABUJA, June 29, 2025 — The shareholders of the African Export-Import Bank [Afreximbank] have appointed Dr. George Elombi as the next President and Chairman of the Board of Directors of the continental financial…
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Mo Ibrahim Foundation outlines four recommendations ahead of International Conference on Financing for Development in Seville
KAMPALA, June 28, 2025 – – Ahead of the 4th International Conference on Financing for Development [FfD4] taking place next week [Seville, 30 June-3 July], the Mo Ibrahim Foundation has outlined four…
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Jamaica’s Prime Minister Holness Hails Launch of Infiniti Co-operative Credit Union as ‘Milestone in Financial Inclusion’
KINGOSTON, June 27, 2025 — Prime Minister of Jamaica, Dr Andrew Holness delivered the keynote address recently at the official launch of Infiniti Co-operative Credit Union Jamaica Limited, celebrating what he described…
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WOCCU launches last-mile innovation to strengthen rural financial inclusion in Guatemala
MADISON, Wis., June 23, 2025 — World Council of Credit Unions [WOCCU] in May partnered with the National Federation of Savings and Credit Cooperatives [FENACOAC], its member credit union association in Guatemala,…
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UDB reports net profit of Shs 57.8 billion as total assets grow by 7 percent in 2024
KAMPALA, June 20, 2025 –– Uganda Development Bank Ltd [ UDB ] has reported a net profit after tax of Shs 57.8 billion for the year ended December 31, 2024, representing a…
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Alebtong: Capital for women entrepreneurs’ Emyooga SACCO grows to Shs 129mln
ALEBTONG, June 20, 2025 –– The Moroto Women Entrepreneurs Savings and Credit Cooperative Organisation [ SACCO ] in Alebtong district is experiencing significant growth following an additional funding boost of Shs 50…
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Positive customer demand bolsters business conditions in May
KAMPALA, June 19, 2025 –– Confidence in Uganda’s private sector rose to its highest level in nearly two years, as the headline Stanbic Bank Purchasing Managers’ Index [PMI] climbed to 56.4 in…
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