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Business

Why Ugandans will pay more for bread starting November 2

by Matooke Republic
2 days ago
Business

Equity Bank Uganda collects Shs16.13 billion in insurance premiums as life assurance income doubles

3 days ago
Business

200 Ugandans returning from South Africa get business training

5 days ago
Business

How a visa disappointment in Dubai and requests from friends to shop for them inspired Idris Mutebi to build an international logistics business

6 days ago
Business

Uganda seeks bigger share of Somalia’s growing market

1 week ago

Business

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

by Matooke Republic
March 19, 2026

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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

by Matooke Republic
March 17, 2026

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

Creating Banking Experiences That Truly Work for Women

by Matooke Republic
March 17, 2026

...

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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
March 13, 2026

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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
March 12, 2026

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Business

SGR’s Eight-Year Impact: Faster Travel, Booming Towns, and Safari Adventures

by Matooke Republic
March 11, 2026

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Business

Tanzanian tycoon Rostam Azizi buys majority stake in Nation Media Group

by Matooke Republic
March 11, 2026

...

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Business

Sudhir’s One Ten Luxury Apartments Take Shape in Kololo

by Matooke Republic
March 10, 2026

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Business

Kampala traders threaten shop closure over delayed flood compensation

by Matooke Republic
March 10, 2026

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Business

Uganda Airlines to resume London and Mumbai flights after aircraft repairs

by Matooke Republic
March 6, 2026

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