Saturday, March 28, 2026

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Music Promoters to withhold 6% tax from local artists under new tax measures

by Matooke Republic

How Well Does Uganda’s 5G Perform?

“There is no justification for price increases as supply remains stable,” Energy Minister Nankabirwa warns fuel companies against hikes

What is ProofPing, how does it work; and why you might need it

Uganda secures slots in 2026 TEF Programme, each beneficiary to receive Shs19 million boost

Business

Olivia Mugaba- Head of SMEs at Equity Bank Uganda.

Business

Beyond Capital: Building Sustainable Businesses for Women Entrepreneurs

by Matooke Republic

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Business

How Ugandan Communities Are Turning Trees into Livelihoods

by Matooke Republic

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Tony O. Elumelu, the founder of Tony Elumelu Foundation (TEF).

Business

Tony Elumelu Foundation to announce 3,200 African Entrepreneurs, including Ugandans – Each to receive $5,000 non-refundable seed capital

by Matooke Republic

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Business

World Bank bans PwC firms in Kenya, Rwanda, Mauritius over fraud and collusion

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Uganda’s Ambassador to China, Oliver Wonekha.

Business

From Coffee to Tech: Ambassador Oliver Wonekha outlines new opportunities in Uganda–China partnership

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From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Chairman, Prof. Isaac Macharia, Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the FY 2025 Investor Briefing event. Equity Group Holdings Plc posted a 55% growth in Profit After Tax to Kshs. 75.5 billion, up from Kshs. 48.8 billion in the same reporting period in 2024, marking a record performance driven by its successful strategic transformation. The Board proposed a dividend payout of Kshs. 21.7 billion, translating to Kshs. 5.75 per share, a 35.3% increase from Kshs. 16 billion (Kshs. 4.25 per share) in 2024. Regional banking subsidiaries registered a 53% growth in profit after tax to Kshs. 36.3 billion, driven by strong performance across key markets including DRC, Uganda, and Tanzania, alongside robust loan expansion of 17% in DRC, 22% in Rwanda, and 61% in Tanzania. Diversification efforts were reinforced by strong momentum in insurance, with gross written premiums rising 75% and profit before tax increasing 36%. The Group also delivered significant social impact, investing approximately Kshs. 99.5 billion in sustainability initiatives, underscoring its continued evolution into a diversified, technology-driven pan-African financial services group.

Business

Equity Group posts record Ksh75.5 billion profit

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I&M Bank’s Head of Treasury - Nadia Mindra (right), hosted Gilbert Kamuntu - Chief Commercial Officer at UNOC in a fire-side discussion.

Business

I&M Bank, stakeholders discuss Uganda’s financial markets in the oil era

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Jael Christine Wawulira- Head of Customer Experience at Equity Bank Uganda.

Business

Creating Banking Experiences That Truly Work for Women

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I&M Bank Uganda CEO- Robin Bairstow speaking during a roundtable discussion at the Inclusive FinTech Forum 2026 in Kigali recently.

Business

I&M Bank joins Industry Dialogue on Africa’s Digital Finance Innovations at Kigali Fintech Forum

by Matooke Republic

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FMO Co-Chief Investment Officer- Huib-Jan de Ruijter (left) and I&M Bank CEO -Robin Bairstow sign a Memorandum of Understanding after announcing the partnership.

Business

FMO and I&M Bank Uganda partner to boost SME financing and economic inclusion

by Matooke Republic

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Matooke Republic

Uganda's only free Newspaper. Out every Thursday. Freshly peeled info. kiwatule, Kampala, Uganda.

© Matooke Republic 2024

© Matooke Republic 2024