Banks
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Finance & Banking
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,…
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Finance & Banking
Cut lending rates for manufacturers to boost industrial growth, minister urges banks
KAMPALA, August 11, 2026 — State Minister for Trade David Bahati has urged commercial banks in Uganda to reduce lending rates for manufacturers to enable the sector to grow. Bahati said the…
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News
IMF warns Uganda over widening fiscal deficit despite strong economic growth
KAMPALA, July 29, 2026 — The International Monetary Fund [IMF] has raised concerns over Uganda’s weakening fiscal position, warning that rising government spending and debt-servicing costs could increase vulnerabilities despite continued strong…
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Finance & Banking
Landmark Report on State of AI in African Banking 2026 Published
KAMPALA, July 21, 2026 — Backbase, a leader in AI-powered banking, in partnership with African Banker magazine, has published The State of AI in African Banking 2026: The Reality of Banking in…
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News
Sovereignty Bill risks deterring investment and trade, bankers warn
KAMPALA, April 20, 2026 — The Uganda Bankers’ Association [UBA] has raised concerns over the draft Protection of Sovereignty Bill, 2026, warning that it could deter investment and undermine the country’s economic…
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News
Equity Bank empowers salon entrepreneurs with business skills
KAMPALA, February 25, 2026 — Equity Bank Uganda has trained more than 120 salon entrepreneurs in Kampala and surrounding districts, equipping them with essential business skills including leadership and record-keeping. The participants…
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News
Private Sector Credit hits Shs 25.3 trillion in December 2025 – report
KAMPALA, February 21, 2026 — The stock of outstanding Private Sector Credit [PSC] recorded in Uganda increased by 1.3 percent to about Shs 25.3 trillion in December 2025, up from Shs 25.025…
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News
India’s 2026/27 draws wider support from cooperative leaders
NEW DELHI, February 7, 2026 — The Union Budget 2026/27 has evoked largely positive reactions from leaders of cooperative institutions, who said the proposals signal continuity in support for agriculture, rural finance…
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News
Cooperative banks hailed as pillars of Europe’s economy at landmark EACB General Assembly
ALMERIA, January 26, 2026— Cooperative banks have been reaffirmed as vital engines of Europe’s economy following the 57th General Assembly of the European Association of Cooperative Banks [EACB], held in Almería and…
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News
Network International partners with Saudi Sudanese Bank to accelerate digital transformation in Sudan’s banking sector
PORT SUDAN, January 19, 2026 — Network International [Network], a leading fintech company in the Middle East and Africa, has signed a strategic processing agreement with Saudi Sudanese Bank, one of Sudan’s…
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