dfcu Bank’s SME Mobi Loan: A Conversation with William Kayongo, Head of Enterprise Banking at dfcu.
Small and Medium Enterprises (SMEs) are the backbone of Uganda’s economy. They employ millions, drive innovation, and contribute significantly to national output. Yet, one challenge continues to hold them back: access to affordable, timely credit. Traditionally, securing a business loan in Uganda has meant navigating collateral requirements, paperwork, and long
How dfcu’s USSD Code *240# Platform is Bringing Banking to Every Ugandan
A Conversation with Isaac Birigwa, Head of Cards and Payments at dfcu Bank has revamped its *USSD 240# platform, making banking easier, faster, and more inclusive for Ugandans. With no need for smartphones, internet, or airtime, customers can check balances, transfer money, pay bills, buy airtime, apply for loans, and
Stanbic posts Shs 278 Billion in first half of the year
Stanbic Uganda Holdings Limited (SUHL), the leading financial services group in Uganda announced a robust financial performance for the first half of 2025, underscoring its strategic commitment to supporting Uganda’s fiscal sustainability and economic development. The Group recorded a Profit After Tax (PAT) of Shs 278 billion for the six
Sugarcane Farmers hail President Museveni’s Ban on Trash Deductions
Sugarcane farmers in the Bunyoro and Tooro regions have welcomed President Yoweri Museveni’s recent directive halting the deduction of trash charges by sugarcane millers and weighbridge operators. Farmers in Masindi District, who have long faced deductions for trash at sugarcane weighbridges, are celebrating the Presidential intervention as a significant relief.
Absa and Tata Uganda partner to Boost Affordable School Bus Financing
Absa Bank Uganda has partnered with Tata Uganda to make it easier for schools across the country to acquire safe, modern, and reliable buses for their learners. The partnership will address one of the education sector’s most persistent challenges namely affordable, quality school transport. Through the partnership, schools will be
Africa’s Energy Security on the Line as Shell’s Orange Basin Exploration Faces Court Battle
Shell’s plans to explore for oil and gas in South Africa’s Orange Basin, recently granted environmental authorization to drill up to five deepwater wells, now faces a court appeal from environmental groups and coastal communities. While legal challenges are a natural part of democratic governance, there is broad consensus on
MTN Posts Shs 1.7 Trillion in Half-Year Revenue
MTN Uganda has reported Shs 1.7 trillion in total revenue for the six months ended June 30, 2025, reflecting solid growth in both data and fintech services, supported by ongoing investment in digital infrastructure and customer experience. The company’s financial results show a 31.3% increase in data revenue to Shs
Simba Telecom to buy M1 stake from Keppel for US$1.11 billion
Manager Keppel said on Monday (Aug 11) it will sell M1’s telecom operations to operator Simba Telecom for an enterprise value of S$1.43 billion (US$1.11 billion). Keppel will receive S$1 billion in cash proceeds for its 83.9 per cent stake in its subsidiary M1 Limited. It will retain the fast-growing
Sold Out: Executives Flock to Kampala for Groundbreaking Personal Branding Masterclass
The Personal Branding Masterclass for Executives, hosted by award-winning Public Relations strategist and personal branding researcher Lyn Tukei, brought together 120 senior professionals, executives, and leaders from across sectors for a sold-out half-day immersion at the Protea Skyz Hotel, Naguru. The event, themed “Building a Personal Brand That Works as Hard
Coca-Cola Company names Luis Felipe Avellar president of the Africa operating unit
The Coca-Cola Company has announced that Luis Felipe Avellar will become president of the Africa operating unit effective Sept. 1. Avellar currently serves as president of the company’s Mexico operations, which are part of the Latin America operating unit. Avellar will succeed Luisa Ortega, who, as previously announced, is taking
