Author: Daniel Muwanguzi
Uganda’s bancassurance sector is undergoing a clear transformation, marked by accelerating adoption, stronger product-market fit, and growing recognition of insurance as a key component of both personal and institutional financial planning. Recent performance data underscores this shift, with several institutions reporting strong year-on-year growth across general and life insurance. Among the leaders, Bank of Africa Uganda stands out with commission earnings rising from UGX 272 million in August 2024 to UGX 655 million in August 2025—an increase of over 140%. This growth is largely driven by life insurance commissions, which jumped from UGX 115 million to UGX 402 million, while general…
dfcu Bank, one of Uganda’s leading financial institutions, has officially launched its 55th branch in Fort Portal Tourism City, strategically located along Babiiha Road. This expansion underscores dfcu Bank’s commitment to deepening financial inclusion, powering entrepreneurship, and fueling economic growth in Uganda’s Western region. The Fort Portal Branch is set to serve communities across the Tooro Sub-region — including Kabarole, Kyenjojo, Kamwenge, Bunyangabu, and Kasese — with a full suite of financial services tailored to individuals, entrepreneurs, and small and medium-sized enterprises (SMEs). Through this new branch, dfcu Bank will expand access to credit, strengthen agribusiness, and empower the region’s…
In a night filled with energy, grit, and determination, the Ugandan Boxing Champions League witnessed another electrifying performance when Magumba Regan, personal bodyguard to Ssegujja Ivan, CEO of Nsambya Furniture Workshop, delivered a resounding 5–0 victory against opponent Kazungu Frank. The decisive win not only marked a personal triumph for Magumba but also reflected the growing network of talent, mentorship, and community development surrounding the Nsambya Furniture Workshop brand and its leadership under Ssegujja Ivan. A Strong Bond Beyond the Ring Though widely known as the founder and CEO of Nsambya Furniture Workshop a thriving hub for craftsmanship, entrepreneurship, and…
The Uganda Green Enterprise Finance Accelerator (UGEFA) and Equity Bank Uganda are delighted to announce the continuation of their highly successful partnership as UGEFA enters its second phase. Building on a fruitful collaboration that has already seen over 100 green loans disbursed to small- and medium-sized enterprises (SMEs) in Phase I, this renewed partnership reaffirms both organisations’ commitment to supporting Uganda’s transition to a sustainable, green economy. Equity Bank, a leader in advancing sustainable finance in Uganda, will continue to work closely with UGEFA to provide tailored financing and expert business development support to SMEs in key green sectors, including…
Q&A with Helena Mayanja – Head, Corporate Affairs & Sustainability, dfcu Bank What is the Rotary Club of Kampala Blue Hearts, and why is it historic for Uganda? A:On August 30, 2025, dfcuBank launched Uganda’s first corporate Rotary Club—. The Rotary Club of Kampala Blue Hearts is a groundbreaking partnership between dfcu Bank and Rotary International that allows our people to actively serve communities while building networks and driving humanitarian impact. Why is this significant for dfcu Bank? A: The launch of dfcu Bank’s corporate Rotary Club is significant because it formalizes our long-standing commitment to community transformation in a…
The Top Management of Kampala Capital City Authority (KCCA) has been rocked by fresh allegations of nepotism and governance breaches in staff recruitment within its Directorate of Gender, Community Services, and Production, following a whistleblower petition to President Yoweri Museveni. The petition seen authored by the whistleblower under the alias Musoke Tuli-enotuffa on September 17, 2025, accuses the Directorate’s head, Ms. Sheila Birungi Gandi, of orchestrating what it describes as “a pattern of nepotistic appointments” over the past three years. According to the dossier, several individuals alleged to have “direct or extended familial ties to the…
APA Insurance Uganda, in partnership with Hollard Health, has launched an innovative international health insurance solution – APA International Health. This new offering seamlessly integrates cutting-edge technology with a personalised approach, enabling members to proactively manage their health. By providing accessible information and intuitive tools, the health insurance solution ensures that users can make informed decisions about their health and well-being with confidence and ease. The launch marks a significant step forward in health management, promising enhanced healthcare experiences and improved health outcomes for individuals, families, SME’s and corporates. Specifically developed for the discerning market, APA International Health emphasises preventive care…
On Sunday, four deacons from the Holy Cross Family became priests and they include Rev. Fr. Benedict Kamushana CSC (Mbarara Archdiocese), Rev. Fr. James Nyenza CSC (Tanzania), Rev. Fr. Novert Ogezi CSC (Mbarara Archdiocese) and Rev. Fr. Matayo Bwanandeke CSC (Kasese Diocese). Rt. Rev. Patrick M. Neary CSC, Bishop of the Diocese of Saint Cloud, Minnesota, USA, presided over the ceremony at Holy Cross Lake View SSS and urged the just ordained priests to serve with humility. “Today is a significant turning point in your respective lives my dear sons who have been positioned closer to Christ the High Priest.…
The Director of Public Prosecutions (DPP), Hon. Lady Justice Jane Frances Abodo, has officially handed over 16 brand-new motor vehicles to officers of the Office of the Director of Public Prosecutions (ODPP). The vehicles, allocated to senior staff and Resident State Attorneys serving within and around Kampala, are intended to significantly enhance the institution’s capacity in delivering timely and effective criminal justice. The handover ceremony was held at the Office of the Resident State Attorney, Nakawa. In her address, the DPP expressed profound gratitude to the Government of Uganda for prioritizing justice and supporting the ODPP to strengthen its operational…
Equity Bank has announced the relocation of its supreme branch in Bugolobi to a more accessible and modern location as part of its commitment to improving service delivery for customers. The branch has moved from Luthuli Avenue to Hensley Business Park, Plot 3–5 Mpanga Close, Mulwana Road, Bugolobi, strategically located in the heart of one of Kampala’s vibrant suburbs. The relocation is designed to place the bank at the center of Bugolobi’s growing economic activity, improving accessibility and convenience for both retail and business customers. This move affirms Equity’s philosophy of being present where its customers live, work, and do business,…