Tag Archives: Bank

From women’s banking dream to Tier II downgrade, today, RedPepper reveals the slow, painful unravelling of Finance Trust Bank. When the Bank of Uganda (BoU)quietly approved FTB’s transition from a Tier I commercial bank to a Tier II credit institution effective April 1, 2026, and went on to announce the decision publically in a notice issued Thursday, Jan. 29, it …

Kampala, 27th January 2026: Centenary Bank has reaffirmed its commitment to youth empowerment and sustainable development as it actively participated in the Youth Conference organized by Our Lady of Fatima Shrine, Nakulabye Parish Youth Apostolate. The conference is an engagement platform bringing together young people, policymakers, development partners, and the private sector to shape conversations around economic inclusion, innovation, and …

The cracks inside Standard Chartered Bank are no longer whispers — they are now headline news. As the British banking giant retreats from struggling markets, its top executives are heading for the exit and its once-proud retail empire in Uganda has collapsed into a fire sale. In the latest bombshell, Standard Chartered Bank Kenya CEO Kariuki Ngari has announced he …

Equity Bank’s Juba Main Branch is facing imminent litigation after law firms representing two clients accused the bank of failing to provide cash despite repeated requests, causing what they call a “fundamental breach” of banking obligations. In a formal demand notice seen by Radio Tamazuj, Pan African Law Chambers LLP and Alliance Law Chambers state they are prepared to file …

Equity Bank on Saturday handed over a dummy cheque worth two thousand US dollars to Uganda’s top professional golfer, Marvin Kibirige, at the Uganda Golf Club, in support of his participation in the 2026 Q-School Golf Tournament in India. The sponsorship will enable Kibirige to compete in the prestigious qualifying event, which serves as a gateway to major international professional …

Centenary Bank and Bees and Trees Uganda have launched the Coffee Agroforestry for Environment and Livelihood Enhancement initiative, aimed at restoring degraded land, promoting environmental conservation, improving livelihoods, and strengthening financial inclusion. The initiative aims to tackle the challenges of environmental degradation and rural poverty by blending tree planting, coffee farming and beekeeping as a pathway to restoring degraded land …

Centenary Bank has donated 10 computers to Our Lady of Consolata-Kisubi Hospital in a move aimed at strengthening digital health systems, improving patient record management and enhancing the overall quality of healthcare service delivery at the facility. The computers were officially handed over by the Managing Director of Centenary Bank, Fabian Kasi at the hospital premises Wednesday, 17th December,2025 and witnessed …

Senior Principal Magistrate Peter Ndege on Thursday, summoned Domitila Mailo of Kenya Commercial Bank (KCB) to testify in the fraud and forgery case facing Uasin Gishu Senator Jackson Mandago. Mandago is charged alongside county officials Meshack Rono and Joshua Lelei. Mailo is supposed to appear on November 27 and testify as a prosecution witness.Ndege issued the summons after Mailo failed …

Entrepreneurship in Uganda is a journey of ambition, resilience, and constant learning. Recognizing both the challenges and opportunities this path presents, Housing Finance Bank hosted the 3rd edition of its Business Clinics, a platform where entrepreneurs are supported, connected, and equipped to navigate the complexities of business growth. The edition, held on 11th November 2025, focused on Financing Growth in …

Centenary Bank is urging customers to adopt biometric technology to enhance security and prevent fraud in place of the usual ATM technology. This call was made by Evans Nakhokho, General Manager of Centenary Bank who represented the Executive director at the Customer Week event in Mbale. Nakhokho highlighted the risks of traditional ATM pin-based transactions, saying relatives or other people …