Banks
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News
Banks make US$ 26 billion in a decade of financing deforesting companies
KAMPALA, October 15, 2025 — Banks and asset managers have made US$ 26 billion in income from financing deforesting companies since the Paris Agreement, according to a new investigation by Global Witness,…
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News
Dokolo cooperative plans to build modern storage facility
DOKOLO, September 5, 2025 – Kwera Youth Oil Seed Farmers Multipurpose Cooperative Society Limited, based at Abuli Trading Centre in Kwera Sub-county, Dokolo district, has announced plans to construct a modern storage…
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News
Network International expands portfolio with Absa Bank
KAMPALA, August 15, 2025 — Network International [Network], a leading enabler of digital commerce in the Middle East and Africa, has been chosen by Absa Business Banking, one of Africa’s leading business…
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News
New law to require bankers to hold professional practising licence
KAMPALA, August 3, 2025 –– The Government of Uganda plans to table a new bill in Parliament that will require all practising bankers in the country to hold a professional practising licence.…
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Opinions & Commentary
Africa’s financial sovereignty: Mobilising institutional capital for development and resilience
ABIDJAN, July 19, 2025 — As global capital flows evolve and development assistance dwindles, Africa finds itself at a critical point. On May 28, during the African Development Bank Group’s 2025 Annual…
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News
BoU brings financial literacy to Bushenyi, promotes inclusive economic growth
BUSHENYI, May 25, 2025 – – The Deputy Governor of the Bank of Uganda [ BoU ], Prof. Augustus Nuwagaba, has reaffirmed the central bank’s commitment to inclusive economic growth and financial…
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News
UBA unveils theme for 2025 Annual Bankers Conference
KAMPALA, May 8, 2025 — The Uganda Bankers Association [ UBA ] says the upcoming 2025 Annual Bankers Conference, set to take place on July 29, at the Serena Hotel Kampala will…
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News
Pride Microfinance to trade as bank after securing licence from BoU
KAMPALA, April 30, 2025 – Pride Microfinance has officially transitioned into a Tier II credit institution and will now operate as Pride Bank Limited, marking a significant milestone in its evolution. The…
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News
AFSA officially launches “Seed is Life” campaign to uphold farmer managed seed systems
KAMPALA, April 25, 2025 – The Alliance for Food Sovereignty in Africa [ AFSA ] has launched its “SEED IS LIFE” campaign, a significant initiative aimed at promoting Farmer Managed Seed Systems…
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Cooperatives & Communities
FSD Uganda grants Mushanga SACCO Shs 6.2bln for vulnerable groups
SHEEMA, April 8, 2025 – Mushanga Savings and Credit Cooperative Society Limited or Mushanga SACCO has received a grant of Shs 6.2 billion from Financial Sector Deepening Uganda [FSD] to enable women,…
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