Finance & Banking
-
UDB agricultural loan portfolio rises to Shs 620bln, coops among major beneficiaries
KAMPALA, August 26, 2026 — Uganda Development Bank [UDB] has increased its agricultural financing portfolio to approximately Shs 620 billion, representing 33 percent of its total loan portfolio of Shs1.9 trillion. UDB…
Read More » -
Financial research critical to Uganda’s economic transformation
KAMPALA, August 26, 2026 — Uganda must place financial sector research, knowledge and innovation at the centre of its economic transformation if the country is to achieve its ambitious Ten-Fold Economic Growth…
Read More » -
Finance minister calls for patient capital to support Uganda’s Tenfold Growth Strategy
KAMPALA, August 26, 2026 — The Minister of Finance, Planning and Economic Development, Henry Musasizi, has called on the Uganda Bankers’ Association [UBA] to work towards lowering the cost of credit and…
Read More » -
Afreximbank delivers strong half-year 2026 performance, driven by robust growth and profitability
KAMPALA, August 24, 2026 — African Export-Import Bank [ Afreximbank ] and its subsidiaries (“the Group”) delivered a strong financial performance for the six months ended 30 June 2026, underscoring the resilience…
Read More » -
Uganda: Outstanding PSC hit Shs 27.7 trillion in June 2026, says new report
KAMPALA, August 23- 2026 – The stock of outstanding Private Sector Credit [ PSC ] in Uganda increased by 3.8 percent to Shs 27.7 trillion in June 2026, from Shs 26.7trn recorded…
Read More » -
Standard Chartered unveils 20 women-led tech startups for 2026 Women in Tech Uganda Accelerator
KAMPALA, August 22, 2026: — Standard Chartered Uganda, in partnership with Innovation Village, Village Capital and Future Lab, has unveiled 20 women-led, tech-enabled startups selected for Cohort 2 of the Women in…
Read More » -
EAC banks urged to finance skills, markets to drive industrial growth
KAMPALA, August 21, 2026 — dfcu Bank has called on commercial banks, regulators and central banks across East Africa to build a fully integrated financial ecosystem capable of unlocking capital at scale,…
Read More » -
Old Mutual adds motor insurance benefit to unit trusts
KAMPALA, August 19, 2026 — Old Mutual Insurance Uganda has introduced a motor comprehensive insurance benefit for unit trust customers, expanding its financial wellness offering by combining investment with insurance protection. The…
Read More » -
Stanbic Uganda Holdings profit before tax rises to Shs 447.1bln in half-year
KAMPALA, August 18, 2026 – Stanbic Uganda Holdings Limited posted a strong financial performance in the first half of 2026, with profit before tax rising to Shs 447.1 billion from Shs 355.2bln…
Read More » -
UDB board approves Shs 63bln in recapitalisation as 2025 profit jumps 9.7 percent
KAMPALA, August 17, 2026 — The Uganda Development Bank [UDB] board has approved Shs 63 billion in recapitalisation following the disbursement of at least Shs 502.2bln to facilitate private sector growth. The…
Read More »