The last two decades have been tumultuous for African banking, with big international banks moving out of the continent and a bevvy of more nimble local banks stepping in to mop up opportunities in a fast-growing region. A technological revolution in the form of digital banking helped smaller banks spread …
Read More »
Kampala, Uganda | THE INDEPENDENT | Centenary Bank, the largest commercial microfinance bank has joined the Global Alliance for Banking on Values (GABV), to mark the Banking on Values Day by urging banks to ‘Think Bolder’ in addressing social and environmental issues. GABV held a global virtual panel discussion with leaders …
Read More »
Kampala, Uganda | THE INDEPENDENT | In a bid to expand access to credit card services in Uganda, Absa Bank Uganda has launched two new credit card digital innovations named ‘Buy Now, Pay Later’ and ‘Credit Card-Initiated Payments’. ‘Buy Now Pay Later’ will enable customers to make payments off their credit …
Read More »
Kampala, Uganda | THE INDEPENDENT | At least 200 lucky parents stand a chance to win cash prizes worth Shs100 million when they pay school fees for their children through FlexiPay or Stanbic Bank agent banking channels, courtesy of a six-week back-to-school cashback promotion aimed at supporting guardians return their kids …
Read More »
Nairobi, Kenya | THE INDEPENDENT | Equity Group Foundation (EGF) Executive Chairman Dr. James Mwangi has commissioned the airlift of 98 scholars who have secured admission and scholarships to join 52 global universities located in 18 countries. The scholars are drawn from the Equity Leaders Programs in four countries – Kenya …
Read More »
Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has assured the banking and financial industry that it will ensure its stability and the sustainability of the microeconomics of the country amidst the withdrawal of the World Bank from new loan deals. The World Bank decision communicated last week …
Read More »
Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank has been assigned a National Long-term Rating of ‘AAA (uga)’ with a Stable Outlook, the highest attainable on Uganda’s national scale. Assigned by Fitch Ratings, a world-renowned international credit rating agency, the Bank was also assigned a Long-Term Issuer Default Rating (IDR) …
Read More »
LETTER | Lynn Nasirumbi | Being a first-born daughter, I have always been an errand girl for my parents. Whether it is grocery shopping, taking my siblings to school or even making financial transactions. They trust me to get things done. But also, being typically African, it is harder for …
Read More »
Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank’s Managing Director, Patricia Ojangole has for the third year running won the Sustainability Leader of the Year Award at the prestigious Annual Karlsruhe Sustainable Finance Awards. The recognition is given to individuals or institutions that demonstrate commitment to creating value for all …
Read More »
Kampala, Uganda | PATRICIA AKANKWATSA | VISA, a global leader in digital payments, has joined forces with the Uganda Bankers Association (UBA) to spearhead an innovative training program aimed at accelerating the growth of contactless payments in Uganda. With a shared vision of advancing financial inclusion and promoting secure, convenient payment …
Read More »
The Independent Uganda: You get the Truth we Pay the Price