Equity Group posts record $585m profit as regional pivot pays off

Dr. James Mwangi, Equity Group Managing Director and CEO, at the helm of Kenya’s most valuable brand and regional banking ...

PawaPay and Airtel Money Africa team up to launch a new remittance service, making it easier for Ugandans to receive money from abroad directly to their mobile wallets.

Data, Mobile Money Drive Airtel’s Q1 Earnings in East Africa

by WINNIE NAKAMATTE | REPORTER

29/07/2025

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Airtel Africa's CEO highlights data and mobile money as key drivers behind strong revenue growth across East Africa in the ...

Old Mutual Investment Group Uganda (OMIG) sees a 67% surge in unit holders and 43% growth in assets, highlighting strong fund performance and investor confidence in Uganda.

Old Mutual Uganda sees significant surge in investors

by Juliette Namakula | Assistant Editor

18/07/2025

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Old Mutual Investment Group Uganda (OMIG) sees a 67% surge in unit holders and 43% growth in assets, highlighting strong ...

dfcu reports 151% profit jump, hikes dividend

by MANFRED TUMUSIIME | UG STANDARD REPORTER

11/07/2025

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Jimmy D. Mugerwa, chairman of the dfcu Limited Board of Directors, addresses shareholders at the company's 60th Annual General Meeting ...

Finance Minister Matia Kasaija (C) and State Minister Evelyn Anite (4th L) join PostBank Uganda's Chairman Andrew Otengo Owiny (3rd R) and MD Julius Kakeeto (3rd L) with other officials at the bank's 2024 AGM in Kampala today. Shareholders commended PostBank's strong performance, celebrating a UGX 35.4 billion profit after tax and its position as one of the most profitable government entities.

PostBank Uganda set to rebrand to Pearl Bank after record profit year

by Ronald Mayega | Reporter

05/06/2025

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Finance Minister Matia Kasaija (C) and State Minister Evelyn Anite (4th L) join PostBank Uganda's Chairman Andrew Otengo Owiny (3rd ...

From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event. Equity Group Holdings has registered 15.4 billion Profit After Tax for the period ended 31st March 2025.

Tech Adoption, African Expansion Fuel Equity Group’s KSh 15.4 Billion Earnings

by JOSEPH NSIMBI | UG STANDARD REPORTER

29/05/2025

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From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity ...

Wave Mobile Money laid off about 15% (about 2,000) of its staff in June across different countries. In Uganda, about 300 staff were affected.

Wave Mobile Money Ugandan dream turns sour as losses deepen

by Julian Ninsiima | Reporter

29/04/2025

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Wave Transfer's ambitious Ugandan mobile money venture faces significant setbacks as 2024 financials reveal deepening losses. KAMPALA, Uganda — Wave ...

Absa Bank Uganda's Interim Managing Director David Wandera discusses the bank's strong 2024 performance, highlighting a 22% profit growth

Absa Uganda announces double-digit profit growth

by JOSEPH NSIMBI | UG STANDARD REPORTER

15/04/2025

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Absa Bank Uganda's Interim Managing Director David Wandera discusses the bank's strong 2024 performance, highlighting a 22% profit growth KAMPALA, ...

The Group's insurance arm reported a profit before tax growth of 58% to Kshs 1.5 billion. The Group's digital channels now process 86% of all transactions, enabling customers to access a seamless, digital-first experience.

Equity Group’s Total Assets Reach Kshs 1.7 Trillion, Driven by Regional Expansion

by JOSEPH NSIMBI | UG STANDARD REPORTER

27/03/2025

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The Group's insurance arm reported a profit before tax growth of 58% to Kshs 1.5 billion. The Group's digital channels ...

MTN Uganda CEO, Sylvia Mulinge at her inaugural press conference that was held at the MTN Uganda Head offices in Kampala

MTN Uganda MoMo transactions reach UGX158.6 Trillion, driving record growth

by JACKSON RUGUNDA | UG STANDARD REPORTER

06/03/2025

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Ms. Sylvia Mulinge, MTN Uganda Chief Executive Officer KAMPALA - MTN Uganda's mobile money platform has emerged as a powerhouse ...

Tag: Financial Results