Business – Page 2 – AfricaMashariki.com

Housing Finance Bank Delivers Strong 2025 Financial Performance, Reinforcing Commitment to Sustainable Growth

April 27, 2026April 27, 2026 Andrew

Housing Finance Bank has announced strong financial results for the year ended December 31, 2025, demonstrating sustained growth across profitability, assets, loans, and customer deposits. The performance reflects disciplined execution of the Bank’s strategy, continued investment in innovation, and a strong commitment to financial inclusion and sustainable growth. Strong Financial Performance Profit after tax increased

When Women Rise, Economies Rise: The Power of Giving to Gain

March 24, 2026March 24, 2026 jeremiah

Across Uganda, women dominate the sectors that keep households and communities functioning that is trade, agriculture, services, and small-scale manufacturing. They run waragi distilleries in Iganga, tailoring shops in Luwero, food stalls in Gulu, and agro-processing mills in Mbarara. They are not on the margins, but they are the economy. But the biggest barrier

Airtel Africa Charts Digital Future with Mobile Money IPO, Satellite Expansion and Crypto Ambitions

February 21, 2026 admin

Airtel Africa has unveiled an ambitious growth strategy focused on strengthening connectivity, scaling its fintech operations, and tapping into emerging technologies across its 14 markets in sub-Saharan Africa. The telecom giant is progressing plans to publicly list its mobile money division, expand satellite-based connectivity through a partnership with Starlink, and assess the potential integration of

FINCA Uganda’s Reserve Fund Saves Ayilo Settlement Business Group from Loan Default

February 20, 2026February 20, 2026 Andrew

A seven-member business group in Ayilo 1 Refugee Settlement has avoided a potential financial collapse thanks to timely intervention from FINCA Uganda’s Small Managed Group (SMG) Reserve Fund. The Anyawi Amami Business Group, made up of members from both the refugee and host communities in Pakele Subcounty, faced a repayment challenge after one member unexpectedly

African Energy Chamber Backs Kigali Africa CEO Forum as Key Investment Platform

February 15, 2026 admin

The African Energy Chamber (AEC) has endorsed the upcoming Africa CEO Forum in Kigali, describing the May 2026 event as a strategic platform for driving investment, partnerships and policy dialogue across the continent. The forum, scheduled for May 14–15 in Kigali, is expected to attract about 2,800 chief executives, heads of state, ministers and business

Bank of Africa Uganda Launches Quick Fix Loan for Faster, Smarter Access to Personal Financing

December 5, 2025December 5, 2025 Arthur

Bank of Africa Uganda has unveiled its new Quick Fix loan, a salary-based facility that lets customers access up to five times their monthly salary at a competitive interest rate of 14.5 percent, because now, with BOA Quick Fix, you can do 5X Mo. This product gives Ugandans faster, more convenient access to funds, reinforcing

How FINCA Uganda Loans Are Fueling the Growth of Enterprises in Northern Uganda.

November 28, 2025November 28, 2025 Arthur

In Northern Uganda, entrepreneurship is often a story of resilience and determination, rising above limited capital, fluctuating markets, and long distances from financial institutions. For many business owners, progress depends not only on hard work but also on finding a lender willing to walk the journey with them. Recent Customer Open Forum sessions across FINCA

Every Shilling Counts: How Ugandans Are Adapting to Rising Costs

September 23, 2025September 23, 2025 admin

Many households in Uganda are finding new ways to manage limited income in the face of rising costs. Whether it is a teacher, a boda boda rider, a market vendor, a bank teller, a cleaner, or a student, the daily routine involves careful decision making on how to stretch small amounts of money to meet

How FINCA Uganda Is Powering Uganda’s Agricultural Revival

April 24, 2025 Arthur

Agriculture remains the backbone of Uganda’s economy—employing 64% of the population and contributing up to 50% of the country’s exports. Yet, for many smallholder farmers, accessing affordable credit remains a persistent challenge. Traditional financial institutions often require collateral that rural farmers simply don’t have, limiting their ability to invest in and expand their operations.FINCA Uganda

Intern to Innovator: MD, James Onyutta’s Journey at FINCA Uganda

March 5, 2025 elvis

James Onyutta, the Managing Director of FINCA Uganda, recently shared his inspiring career and personal journey on Next Radio. With over 25 years in the financial sector and a wealth of experience working in different countries, Onyutta’s story is one of resilience, adaptability, and visionary leadership. Onyutta’s journey into the banking world began at Uganda