Banking

Stanbic Bank Terminates Political Rival of Minister Ogwang Amidst Alleged Financial Mismanagement

A recent development has stirred a subtle wave of excitement within the camp of sports minister Peter Ogwang, who also…

Uganda Launches Digital Cooperatives Registry Management System

The Ministry of Trade, Industry, and Cooperatives in Uganda has introduced a new digital registration process for credit and savings…

Ugandan Banks Struggling With Digital Fraud

Recent concerns have emerged as Equity Bank Uganda initiates investigations into cases of fraud related to their Stock Loan and…

DTB Advocates for Bank Agents to Sell Insurance Products

Diamond Trust Bank (DTB) Uganda Managing Director, Varghese Thambi, has advocated for bank agents to be permitted to conduct Bancassurance…

Equity Bank Investigates Staff for Possible Loan Fraud

Equity Bank Uganda Ltd has initiated an investigation into certain staff members concerning potential fraudulent activities related to its stock…

EIB Global and Housing Finance Bank Invest €50 Million in Ugandan Private Sector

The Housing Finance Bank (HFB) of Uganda and EIB Global have announced a partnership to provide over two hundred and…