1. The Turbulent 1990s: Context and Collapse The 1990s marked a period of grave instability for Uganda’s banking sector. Several indigenous commercial banks—including Uganda Cooperative Bank, Greenland Bank, International Credit Bank, Teefe Bank, and Gold Trust Bank—were declared insolvent, leading to closures or takeovers by the Bank of Uganda (BoU) Wikipedia. Among them, the Uganda...
1. Uganda’s Emerging Fintech Talent Landscape Uganda’s startup scene is vibrant, with rising ground-breaking fintech innovators redefining inclusive financial services. These entrepreneurs are creating technologies that address unique local needs with global potential. 2. Innovators You Should Know Ham Serunjogi — Co-Founder & CEO, Chipper Cash Ham Serunjogi co-founded Chipper Cash, now a fintech unicorn...
Meet the Leader For this in-depth feature, we highlight the perspective of Charles Mudiwa, CEO of dfcu Bank, whose transformative leadership has earned national recognition. His “Fired‑Up” turnaround strategy revitalised a struggling institution and reshaped its path forward. CEO Uganda The Bank’s Evolution & Community Impact Question: How do you reflect on dfcu Bank’s journey and...
Tourism is one of Uganda’s most vibrant economic sectors, often referred to as the “Pearl of Africa’s golden goose.” The country attracts millions of visitors annually thanks to its rich biodiversity, cultural diversity, scenic landscapes, and world-famous wildlife such as the mountain gorillas in Bwindi Impenetrable National Park. According to the Uganda Bureau of Statistics...
Manufacturing is a cornerstone of Uganda’s economic growth. It contributes significantly to employment, GDP, and exports. According to the Uganda Bureau of Statistics (UBOS), the manufacturing sector accounts for approximately 9% of Uganda’s GDP and provides jobs for hundreds of thousands of Ugandans, particularly in urban and peri-urban areas. Despite this potential, many manufacturing enterprises...
1. Overview: Women Rise in Uganda’s Banking Sector Ugandan banking, historically male-dominated, is seeing impactful leadership from women across executive roles. From CEOs to risk officers and innovators, these women are redefining the industry through vision, governance, and inclusion. Let’s look at the standout figures making notable strides. 2. Trailblazing CEOs Edigold Monday — First...
1. Early Life, Education & Principles Emmanuel Tumusiime‑Mutebile was born on 27 January 1949 in Kabale District. He attended Kigezi College Butobere before completing his A-Levels at Makerere College School, where he was also elected Students’ Guild president.Wikipedia In 1970, he entered Makerere University, but political pressures during Idi Amin’s regime—particularly a critical speech he...
Education is widely recognized as one of the most powerful drivers of socio-economic development. In Uganda, education equips the youth with the knowledge and skills needed to participate in the economy, reduce poverty, and promote social mobility. Despite government initiatives such as Universal Primary Education (UPE) and Universal Secondary Education (USE), many families still face...
Infrastructure development is the backbone of any country’s economic growth. In Uganda, projects such as roads, bridges, power plants, oil pipelines, water supply networks, industrial parks, and digital connectivity are not just construction undertakings—they are investments that fuel national progress, attract foreign direct investment (FDI), and improve the daily lives of citizens. At the heart...
For many Ugandans, opening a bank account is the first step toward financial independence and stability. Whether you are a student starting to save, a salaried worker looking for convenience, a farmer needing access to agricultural finance, or a business owner managing daily transactions, the type of bank account you choose will greatly influence your...
