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Month: August 2025

(L-R) Chairperson Association of Uganda Tour Operators Civy Tumusiime, President Uganda Tourism Association Yogi Biriggwa, UWA Executive Director Dr. James Musinguzi, Minister of State for Tourism Martin Mugara, CEO Presidential CEO's Forum Irene Birungi Mugisha, CEO UTB Juliana Kagwa and the UTB Marketing Manager Francis Nyende at the launch of the Rhino Naming Ceremony.
Events

Uganda to hold Rhino naming ceremony at Ziwa Sanctuary

August 12, 2025
From Left to Right: Equity Life Assurance (Kenya) Limited Managing Director, Angela Okinda, Equity Group Managing Director and CEO, Dr. James Mwangi, Director Equity Group Foundation Operations, Dr. Joanne Korir and Equity Bank Kenya Managing Director, Moses Nyabanda, during the Half Year 2025 Investor Briefing event. Equity Group Holdings posted a 17% growth in Profit After Tax to Kshs. 34.6 billion up from Kshs. 29.6 billion for the period ended 30th June 2025, achieving its strongest quarterly performance in history with a Profit Before Tax of Kshs. 22.9 billion in Q2 2025. Total assets grew by 3% year on year to Kshs. 1.8 trillion, while customer deposits rose by 2% to Kshs. 1.32 trillion. Net loans increased by 4% year on year to Kshs. 825.1 billion. Regional subsidiaries contributed 49% of total deposits, 50% of the loan book, and 46% of profit before tax, with markets such as DRC, Rwanda, Uganda, and Tanzania recording strong growth in profitability, deposits, and loans. This performance underscores Equity’s successful transformation from a Kenyan bank into a regional financial powerhouse with an expanding footprint across East and Central Africa.
Business

Equity Group’s half-year net profit rises to Kshs 34.6 billion from Kshs 29.6 billion

August 12, 2025
President Yoweri Museveni.
News

Museveni sacks top aide, senior State House officials in corruption crackdown

August 12, 2025
EC spokesperson Julius Mucunguzi.
News

51 pick presidential nomination forms on day one

August 12, 2025
Business

Digital Banking: Bridging the financial inclusion gap in Uganda

August 12, 2025
Sports

CHAN: Uganda Cranes now top Group C after winning two consecutive games for the first time at the tournament, Players pocket another Shs1.2 billion

August 11, 2025
News

Three arrested for trying to bribe officer with Shs900,000 during UPDF recruitment exercise

August 11, 2025
Kalifa Aganaga performing in Kizungu, Mbarara.
Sports

Fan Parks adding new dimension to CHAN tournament experience

August 11, 2025
Gossip

51-year-old Stella Nyanzi finds love again!

August 11, 2025
Events

Navio to host Orchestral Hip-Hop Concert at Serena

August 11, 2025
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TRENDING

Uncategorized

Sudhir’s new RR Pearl Business Park Tower One officially opens

August 13, 2025
Group photo of ELP Scholars who will be flying to different global universities with Equity Bank's Executive Director Mr. Claver Serumaga and Equity Group Foundation Board Director, Mr. Sam Bwaya.
Events

128 Equity Leadership Scholars admitted to global universities

August 13, 2025
Gossip

Juma Seiko revives paternity feud with Desire Luzinda a day after her Kwanjula

August 13, 2025
Various winners share a photo moment with the series' stakeholders.
Sports

Team Harima wins I&M Bank Katogo Golf Series third edition as organisers confirm Kigali regional event

August 13, 2025
News

Seven arrested for defrauding Nigerian businessman of Shs249m in fake gold deal

August 13, 2025

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Sudhir’s new RR Pearl Business Park Tower One officially opens

August 13, 2025
Group photo of ELP Scholars who will be flying to different global universities with Equity Bank's Executive Director Mr. Claver Serumaga and Equity Group Foundation Board Director, Mr. Sam Bwaya.

128 Equity Leadership Scholars admitted to global universities

August 13, 2025

Juma Seiko revives paternity feud with Desire Luzinda a day after her Kwanjula

August 13, 2025
Various winners share a photo moment with the series' stakeholders.

Team Harima wins I&M Bank Katogo Golf Series third edition as organisers confirm Kigali regional event

August 13, 2025

Seven arrested for defrauding Nigerian businessman of Shs249m in fake gold deal

August 13, 2025
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