Tag Archives: Bank

20 companies, including CIC Insurance, Equity Bank, and several universities, have been penalised a total of Sh2.2 billion for failing to hand over unclaimed financial assets to the Unclaimed Financial Assets Authority (UFAA), Kenya media reports. The fines follow a detailed audit by Kenya’s Auditor-General, which revealed that these firms withheld dividends, insurance payments, dormant savings, and other idle funds …

As part of the ongoing Customer Service Month, Housing Finance Bank has held a community health camp in partnership with C-Care at St. Peter’s Church of Uganda, Katanga in Wandegeya. The event aimed to bring essential health services closer to the community by providing convenient access to medical check-ups, preventive screenings, and wellness advice within a familiar and easily accessible …

Centenary Bank, Uganda’s leading microfinance bank, joined thousands of Kampala residents to celebrate the Kampala City Festival 2025 on 12th October 2025, under the theme “Celebrating Enterprise and Innovation in Kampala.” The Kampala City Festival, organized by Kampala City Council Authority (KCCA), is one of the country’s largest cultural and social gatherings, attracting thousands of Ugandans and international visitors. The …

In a powerful move to champion environmental conservation and sustainable community development, Housing Finance Bank has received a generous donation of 100 acres of land from the Kooki Kingdom. This land will be dedicated to the Bank’s flagship Tiny Forests Initiative, which aims to plant 1 million trees by 2027. The Bank’s Tiny Forests Initiative not only aligns with Uganda’s …

Housing Finance Bank has achieved the ISO 27001:2022 Certification, a globally recognized standard for information security. This certification confirms that the bank has robust systems in place to protect customer data, ensuring privacy, accuracy, and accessibility of information in an increasingly digital world. For everyday customers, this means that Housing Finance Bank takes concrete steps to safeguard personal and financial …

Four individuals, including a Rwandan national, have been remanded to Luzira Prison by the Kampala Capital City Authority (KCCA) City Hall Magistrates Court on charges of attempting to fraudulently withdraw 725 million Shillings from a Stanbic Bank account belonging to Enid Kukunda. It goes without mention that Enid Kukunda, the alleged victim in this case, is the same lady who …

One of the officials at KCB bank’s top management is embroiled in a blistering sex scandal with female employees and customers at a rival bank. This official at the KCB headquarters has over the four years been exchanging sex and money with female staffers and customers at a rival bank which we shall not mention for now. But a hint-DFCU, …

Government has come under fire for paying US$118Million (UGX428.990Bn) to UMEME Limited as buyout amount at the end of its concession in March 2025 yet the same company owes Uganda Electricity Transmission Company Limited (UETCL) UGX600Bn. Parliament’s Committee on Environment and Natural Resources, notes that the UGX600Bn arose from electricity UETCL supplied to Umeme. This development came up during a …

Nairobi, Kenya –Members of the Kenyan Chapter of the Parliamentary Network on the World Bank and the International Monetary Fund (IMF) caucus held a meeting with the IMF mission team to discuss key policy reforms that would accelerate the country’s economic growth. Kenyan Legislators (Courtesy photo) The caucus chaired by Hon. Mohamed Aden Daud (Wajir East) underscored Parliament’s commitment to …

Centenary Bank, in partnership with the Ministry of Gender, Labour and Social Development on September 30, handed over two newly constructed homes and 50 mattresses to selected vulnerable elderly beneficiaries in Jinja City. The initiative was part of the national commemoration of the International Day for Older Persons under the theme “Enhanced Household Income: A Key to Dignity and Respect …