Inside UPDF deployment in Gaza
Uganda is considering deploying troops to the Gaza Strip under an international peacekeeping arrangement, following a request by the United States and ongoing global efforts to stabilise the conflict between Israel and Palestine. According to defence minister Kiryowa Kiwanuka, the proposal stems from engagements between Uganda and international partners, including
dfcu targets SMEs with new unsecured loan product
dfcu Bank has expanded its small and medium enterprise (SME) financing portfolio with the introduction of the Unsecured Maali Business Loan, a new working capital facility designed to improve access to credit for established businesses. The product offers eligible enterprises financing ranging from Shs 10 million to Shs 200 million,
NCBA posts strong half-year profit as regional growth strengthens
NCBA Group PLC has reported a 12.2 per cent increase in profit after tax to KES 12.4 billion (about Shs 334.8 billion) for the first half of 2026, underscoring steady growth across its regional operations despite a challenging macroeconomic environment. The lender’s results show operating income rising by 15.1 per
Digitisation is defining the future of banking, with self-service replacing the brick-and-mortar model
By Laura Bahemuka The evolution of banking from what it was, brick-and-mortar, to what we are witnessing today is all thanks to the growth in technology and innovations that have enabled digitisation in banking, so that more people are ushered into formal financial services through self-serve options. Gone are the
SC Villa captain Owori dies after Makindye attack
SC Villa captain David Owori has died after succumbing to injuries sustained in a brutal attack by unknown assailants in Makindye, a suburb of Kampala. Owori, 27, was attacked near his home at around 8:00pm on Tuesday and rushed to Case Clinic for emergency treatment. He was later pronounced dead.
First Bundibugyo Ebola vaccine trial kicks off
Efforts to develop the world’s first vaccine for the Bundibugyo strain of Ebola are gaining traction, even as the Democratic Republic of Congo (DRC) grapples with the largest outbreak of this rare virus strain on record. The World Health Organization (WHO) said ongoing trials could mark a major breakthrough, although
Uganda Airlines launches Accra, Kigali routes
Uganda Airlines has launched scheduled direct flights to Accra in Ghana and Kigali in Rwanda, in a move aimed at expanding connectivity and boosting trade, tourism and investment across Africa. The new routes expand the national carrier’s network and provide passengers with more convenient travel options, while strengthening Entebbe International
Stanbic launches China payments system to ease trade
Stanbic Bank Uganda has launched a new payment system that will enable businesses to make direct transactions with China in Chinese Yuan, in a move expected to cut costs and ease cross-border trade. The bank becomes the first financial institution in Uganda to integrate with China’s Cross-Border Interbank Payment System
Court sentences Susan Magara killers to death, life imprisonment
The High Court has sentenced nine people to death and life imprisonment over the kidnap and murder of businesswoman Susan Magara, bringing to a close one of Uganda’s most shocking criminal cases. The convicts were found guilty of kidnap with intent to obtain a ransom and the subsequent murder of
Old Mutual boosts Unit Trust campaign to grow savings culture
Old Mutual Investment Group Uganda (OMIG) has intensified its Unit Trust campaign aimed at helping Ugandans build wealth through disciplined and professionally managed investments. Running under the theme “Your Money Is Serious Business,” the campaign seeks to increase public understanding of Unit Trusts and encourage individuals to adopt consistent investing
