Tag Archives: Banking

Kampala, Uganda | THE INDEPENDENT | In a bid to reach the underserved and unbanked population, Equity Bank Uganda has today (Feb.02) launched account opening services on the phone using the USSD *247# code, furthering its commitment to invest in the financial deepening and inclusion in the country. The move, officials …

  Kampala, Uganda | THE INDEPENDENT | Equity Bank Uganda has officially launched the Equity Leaders Program (ELP) by admitting its first cohort of 123 top performing scholars from the 43 Districts where the bank has a branch presence. The launch of the Equity Leaders Program, a mentorship and leadership …

Kampala, Uganda | THE INDEPENDENT | Commercial banks, Microfinance institutions and smaller money lenders are swarming schools and other educational institutions in search of new customers for loans to clear tuition and procure educational materials, among others, as the education sector reopens. The competition for new customers by the lenders coincides …

Kampala, Uganda | THE INDEPENDENT |  The Uganda Development Bank Ltd (UDBL), the country’s national Development Finance Institution, has today announced exclusive offers aimed at addressing the growth of the key sectors of youth, women and SMEs. In addition to credit offerings to these segments, UDB will introduce a Business Accelerator …

    Karlsruhe, Germany | THE INDEPENDENT |  The Managing Director Uganda Development Bank Limited (UDBL) Patricia Ojangole, has been named Sustainability Leader of the Year 2021 during the Karlsruhe Sustainable Awards ceremony held annually in Germany. Awarded by the International Council of Sustainability Standards for Value Driven Financial Institutions during …

  Major UDBL media campaign on TV, Radio and online invites Ugandans to connect with national spirit with messages of hope and change Kampala, Uganda | THE INDEPENDENT |  The Uganda Development Bank Limited (UDBL), the country’s national Development Finance Institution, has unveiled a thematic campaign aimed at drawing attention to …

  BUSINESS FEATURE | THE INDEPENDENT | It’s been thirteen years since the Ugandan payments landscape was disrupted by the First mobile money system. In 2009, MTN Uganda introduced the first mobile money transaction service and today, the sector has grown to more than 170 private players consisting of mobile …

Amuru, Uganda | THE INDEPENDENT | The absence of banking services continues to frustrate the growth of businesses in Elegu township, the main point of entry to South Sudan through Amuru district. The town council has a population of 17,000 people with more than 500 of them engaged in cross-border trade. …

  London, UK | THE INDEPENDENT | The Minister of Security Maj. Gen Jim Muhwezi is the Ugandan minister cited in the Pandora Papers as having secret offshore properties. On Monday, the International Consortium of Investigative Journalists-ICIJ released the now-famous Pandora Papers where it reviewed more than 11 million documents …

Kampala, Uganda | THE INDEPENDENT | The Managing Director of Absa Bank Uganda, Mumba Kalifungwa has called for creativity of purpose driven innovations to enhance equitable service delivery for sustainable growth in the banking sector. Mumba said this at the recently held 12th Edition of the Annual CEO Forum 2021, held …