Business

Uganda ranks 3rd in the 2025 Absa Africa Financial Markets Index – UG Standard

Uganda has jumped into the 3rd position in the Absa Africa Financial Markets Index (AFMI), a leap from the 4th position in 2024. The...

KCB Bank Uganda Enhances Access to Personal Credit for Customers – UG Standard

As the year gains momentum, many Ugandans are realising that strong financial outcomes are rarely accidental. They are the result of early planning, intentional...

NCBA Group to become Nedbank subsidiary in major banking deal – UG Standard

NAIROBI, Kenya — Nedbank Group Ltd. has submitted a 13.9 billion rand ($855.5 million) offer to acquire a 66% controlling stake in Kenya’s NCBA...

KCB Bank Uganda increases unsecured personal loan limit to UGX500 million – UG Standard

KAMPALA, Uganda — KCB Bank Uganda has expanded access to personal credit for salaried employees, offering unsecured loans of up to 500 million shillings...

Four-day internet shutdown stalled 1.4 trillion shillings in fintech payments – UG Standard

KAMPALA, Uganda — A four-day internet shutdown stalled 1.4 trillion shillings in fintech payments, according to industry data released by the Financial Technology Services...

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