Pearl Bank Extends Support to Teso Run and Papa Emorimor’s 4th Coronation Anniversary
Pearl Bank whose purpose is to Foster Prosperity For Ugandans has today confirmed its participation in the upcoming Teso Run that will be held in commemoration of His Royal Highness Paul Sande Etomeileng Emolot 4th Coronation Anniversary celebrations that will be held in Soroti District from the 16th to the
Britania Allied Industries Limited Sweeps 5 Quality Excellence Honors at the 6th East Africa Brand Quality Awards
Britania Allied Industries Limited has received five Quality Excellence Awards at the 6th Edition of the East Africa Brand Quality Awards, reaffirming its commitment to product quality, manufacturing excellence and consumer satisfaction. The awards ceremony took place on Friday, 16 October 2026, at Hotel Africana and Convention Center in Kampala,
Reckitt, Chil Group, Government launch Phase III of Dettol Hygiene Quest, targeting 650,000 more students in Uganda
Dettol has launched Phase III of the Dettol Hygiene Quest Initiative in partnership with Uganda’s Ministry of Education and Sports, and CHIL Hygiene Centre, targeting 750 more schools with hygiene education and practical handwashing skills. Phase III will build on previous achievements by strengthening hygiene education, monitoring learning outcomes and helping
Court orders Roko to pay Shs 8.9bn for Mulago Hospital doors
The High Court has ordered Roko Construction Limited to pay US$1.39 million (about Shs 8.9 billion) to Assa Abloy (U) Ltd for doors and ironmongery accessories supplied and installed at Mulago National Referral Hospital. The court ruled that Roko must pay US$1,391,667.58, the outstanding balance under the supply contract, together
Absa offers Shs 66 million in cash prizes to drive Business Debit Card usage among SMEs
Absa Bank Uganda has launched a three-month SME Business Credit Campaign aimed at encouraging digital payments among small and medium-sized enterprises (SMEs) while rewarding businesses that embrace cashless transactions. Running from 15 October 2026 to 15 January 2027, the campaign will offer UGX 66 million in cash prizes, with one customer winning Shs 22
October Love Month: Stanbic Takes 35th Anniversary Customer Engagements to Northern Uganda
Stanbic Bank Uganda has taken its 35th anniversary celebrations to Northern Uganda by hosting customer engagement forums in the cities of Lira, Arua and Gulu to gather feedback and strengthen relationships with the aim of improving banking services. At the same time, the engagements brought together leaders from the bank’s
BoU raises Central Bank Rate to 12% as inflation risks mount
The Bank of Uganda (BoU) has raised its Central Bank Rate (CBR) by 2.25 percentage points to 12 per cent, tightening monetary policy in response to rising inflation risks, pressure on the shilling and escalating tensions in the Middle East. The increase from 9.75 per cent was announced by the
NCBA waives fees on selected digital banking services
NCBA Bank Uganda has waived transaction fees on selected digital banking services until December 31, 2026, in a campaign aimed at reducing banking costs and encouraging customers to use its digital platforms. The offer, launched on October 13, covers utility bill payments, bank-to-wallet transfers, electronic funds transfers (EFT), Real-Time Gross
Absa targets Uganda’s growing wealth as investors seek bigger opportunities
Uganda’s growing pool of savings and investments is creating a new battleground for financial institutions, with Absa Bank Uganda moving to position itself as a one-stop partner for customers looking to grow, diversify and preserve their wealth. The bank yesterday launched Absa Wealth, a new proposition that brings together wealth
September Stanbic PMI reveals sustained consumer demand
Investments in advertising and greater product quality were widely cited as drivers of consumer confidence, with all monitored sectors in the monthly Stanbic Purchasing Managers’ Index (PMI) registering optimism during September. Compiled by S&P Global, the latest survey data indicates continued expansions in output and new orders, as demand from
