Equity Group Reports 17% Growth in Half-Year Profit After Tax to UGX 968.8 Billion

Equity Group Holdings has posted a 17% rise in profit after tax for the first half of 2025, climbing to UGX 968.8 billion from UGX 828.8 billion in 2024. This comes despite global and regional economic pressures, with the bank crediting its four-year transformation strategy for the strong performance. The Group also delivered its highest-ever quarterly profit before tax of UGX…

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Equity Bank Launches South African Operations, Targeting Diaspora Banking

Ugandans living and working in South Africa now have greater opportunities to invest back home following Equity Bank’s entry into the country, marking the first time the East Africa financial giant has ventured into the South African market. The Bank officially introduced its integrated financial services during the Confederation of Ugandans in South Africa event, which was organised by Ugandan…

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Stanbic Bank Champions Digital Remittance Solutions at 2025 Bankers Conference

Stanbic Bank Uganda has reaffirmed its leadership in digital financial innovation during the Eighth Annual Bankers Conference held in Kampala this July. The event brought together banking professionals, technology experts, and policymakers to discuss the future of remittances and how to improve financial inclusion across Africa. At the heart of the discussions was Stanbic Bank’s focus on transforming cross-border money…

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Bank of Uganda Approves Doreen Rutazaana for Micropay Board Role

Bank of Uganda has formally approved the appointment of Doreen Rutazaana as a Director to the Board of Directors of Micropay (U) Limited, a licensed fintech company operating under the regulatory supervision of the Central Bank. This approval follows Doreen’s nomination by the shareholders and her successful completion of Bank of Uganda’s mandatory Fit and Proper vetting process, which assesses…

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Jacintah Akino: Championing Governance, Inclusion and Sustainability in Uganda’s Capital Markets

Jacintah Akino serves as Legal and Compliance Manager, as well as Company Secretary at the Uganda Securities Exchange (USE). With a strong background in corporate governance, law, ESG, risk and compliance, she plays a pivotal role in shaping policies and dialogues that drive equity and professionalism in Uganda’s financial markets. Governing with Integrity and Inclusivity In her dual role, Jacintah…

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Olga N. Biribonwa: Strengthening Uganda’s Public Sector Banking with Strategic Leadership

Olga N. Biribonwa: Strengthening Uganda’s Public Sector Banking with Strategic Leadership Olga is a strategic banking professional currently serving as Head, Public Sector at Stanbic Bank Uganda. In this capacity, she leads initiatives that support government entities, quasi-government bodies, and educational institutions with innovative financing and banking solutions. A Strategic Banking Career Olga’s career spans over a decade in institutional…

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