news and current affairs.
Stanbic Bank Launches FlexiPay Cashback Explosion to Promote Digital Payments
Stanbic Bank started the FlexiPay Cashback Explosion campaign for customers across Uganda. The three-month program gives rewards to people who use digital payments. FlexiPay works as a mobile payment system that anyone can use without opening a bank account. Josephine Nakato manages customer experience at FlexiPay and talks about helping customers discover digital banking benefits. The company wants to make banking easier and more fun for everyone. Customers earn instant rewards when they spend money through FlexiPay during everyday activities. People who spend 50,000 shillings or more receive 10 percent cashback on their purchases. The bank designed the program to make regular transactions more valuable for users. Douglas Wakabi and...
Equity Group Holds AGM, Approves Kshs. 16 Billion Dividend and Strategic Expansion
Equity Group Holdings held its 21st Annual General Meeting on June 25, 2025. Shareholders from around the world joined the virtual meeting. They voted yes on all proposed resolutions. The company received strong support for its strategic direction. Leaders felt confident about future plans. The bank will pay dividends worth 16 billion Kenyan shillings to shareholders. Each share earns 4.25 Kenyan shillings as dividend payment. Money goes to people who held shares on May 23, 2025. The company pays dividends on June 30, 2025. This represents 34 percent of profits shared with investors. Shareholders approved new governance policies during the meeting. The bank added rules for director pay and stakeholder engagement. Transparency and...
Equity Group Receives Shareholder Approval to Open UAE Representative Office
Equity Group shareholders have approved plans to open a Representative Office in the United Arab Emirates. The banking company received this approval during their 21st Annual General Meeting on June 25, 2025. Central Bank of Kenya and UAE authorities must still give their permission before the office can start operations. The new branch will connect East and Central Africa with the UAE, Middle East, India, Central Asia, and South Asia. Thousands of Equity Bank Uganda customers living and working in these regions will benefit from better banking services. Many Ugandans work as professionals, entrepreneurs, and laborers across Dubai and Saudi Arabia. These customers have struggled without direct banking support for years. They often use...
Stanbic Bank Wins NEMA Sustainability Award for Environmental Stewardship
Stanbic Bank earned top honors from Uganda's National Environment Management Authority for outstanding green practices. The financial institution received the sustainability award during a ceremony at Sheraton Hotel Kampala. Catherine Adengo and Diana Ondoga collected the prize on behalf of their company. The event focused on promoting cleaner production methods across Uganda. NEMA created these awards to recognize businesses that protect the environment. The bank gave out 62 billion shillings during 2024 to support environmentally friendly projects. These funds helped clean energy companies, sustainable farms, and green technology businesses grow. Adengo stated that environmental care forms a central part of their business strategy...
President Museveni Celebrates Maama Janet's 77th Birthday, Lauds Her Service to Uganda
President Museveni celebrated his wife Janet Kataaha Museveni during her 77th birthday party at Migyera UWESO Secondary School. The event took place Sunday in Nakasongola District with hundreds of guests attending the special occasion. Government officials and church leaders joined family members for the thanksgiving celebration. The Uganda Youth Forum organized the festivities that featured worship services and speeches. Pastor Laban Jjumba delivered the main sermon during the religious ceremony. Museveni praised Janet for her strength during Uganda's liberation war from 1981 to 1986. She raised their children alone as a single parent when he fought against the government. The president admitted missing important family moments...
NRM Faces Internal Clash as Mukula and Oboth Trade Barbs Ahead of Elections
Two leaders from Uganda's ruling party have started fighting over an important position. Captain Mike Mukula serves as Eastern Region Vice Chairperson for the National Resistance Movement. Defence Minister Jacob Oboth Oboth wants to challenge him for the same job. Radio stations and social media spread rumors that Oboth had quit the race to help Mukula. Voice of Teso FM broadcast these claims across the region. Oboth became angry about the false reports and posted messages online. He said people were spreading lies to make him look bad and stop other candidates from running. The minister blamed Mukula and his supporters for creating fake stories about him stepping down. Oboth accused them of using dishonest methods to win votes. He...
UPDF Arrests Imam Hamza Lyavara Over Alleged Ties to ADF and Misinformation
Uganda's military forces captured Hamza Lyavara last week. He works as a religious leader but military officials believe he helped terrorist groups. The man gave false reports to Uganda's army intelligence teams. He pretended to share helpful secrets about enemy activities. Army leaders think he actually worked for the Allied Democratic Forces terror group. Two senior army intelligence officers also face arrest during this investigation. Colonel Peter Ahimbisibwe runs counter terrorism operations for the military. Lieutenant Colonel Ephraim Byaruhanga leads special military missions. Both men work at the main intelligence building near Kampala. Army commanders suspect their departments received bad information from enemy sources...
Benny Hinn's Uganda Healing Crusade Draws Thousands, Reports Miraculous Healings
American evangelist Benny Hinn completed his three-day healing event at Rubaga Miracle Centre. More than 500,000 people from 37 countries attended the final day of services. The crowds witnessed many people claim they received physical healing during prayer sessions. Empty wheelchairs and walking aids covered the stage after the meetings ended. Hinn said he felt strong spiritual power during the gatherings. Important leaders joined the religious meetings throughout the three days. Sylvia Nagginda from the Buganda kingdom attended the services. Parliament Speaker Anita Among also participated and received personal prayers from Hinn. Both women sat near the front during the main healing sessions. Their presence showed government support...
URA Commissioner General Thanks Taxpayers and Urges End-of-Year Compliance
Uganda Revenue Authority Commissioner General John Musinguzi praised citizens who pay their taxes on time. He thanked people for helping the country build a stronger economy. The tax chief asked businesses and individuals to settle any money they still owe. He warned that late payments create extra costs through interest and penalties. Musinguzi said working together helps Uganda move ahead. The tax agency wants to reach its goal for the current budget year. Officials collected over 22.5 trillion shillings through May 2025. This amount represents 89 percent of their 25.5 trillion shilling target. The agency still needs nearly 3 trillion shillings before the year ends. Meeting this goal depends on people paying what they owe quickly...
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