SHAMMAH MUKUZA
- Indexed articles, last 90 days
- 3
- Latest publication
- Aug 28, 2026
- Outlet visibility, for The Observer Media Ltd
- Top 500K sites
- Earliest in this view
- Jul 31, 2026
Latest articles
Equity Group’s profits surge - The Observer Media Ltd (opens the original)
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Equity Group Holdings, one of the biggest commercial banks in East Africa, has reported a sharp rise in profit for the first half of 2026, driven by strong performance across its regional subsidiaries, its insurance business, and its digital banking channels. The bank reported profit after tax of KSh 45.5 billion ($351.3 million) for the six months to June 2026, up from KSh34.6 billion ($267.2 million) a year earlier. Profit Before Tax rose 39% to KSh 57.8 billion ($446.3 million), from KSh 41.5
Uganda pushes diaspora on remittances - The Observer Media Ltd (opens the original)
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Bank of Uganda deputy governor Professor Augustus Nuwagaba has urged Ugandans abroad to convert remittances into strategic investments and “take ownership of Uganda’s growth journey.” He said the central bank is developing a Diaspora Bond to offer secure investment channels alongside opportunities in energy infrastructure. He advised investors to favour sectors requiring less physical supervision — real estate, FinTech, digital infrastructure and payment systems. Nuwagaba was speaking during Equ
East African central bankers push single-currency launch to 2031 - The Observer Media Ltd (opens the original)
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East Africa’s central bank governors have reiterated their commitment to introduce a single East African currency by 2031 even as they acknowledged that no member state had yet met all the macroeconomic targets required to get there. The bloc sees a single currency as a solution to cutting trade-related costs, boost trade, and unite the region. “Our commitment to the Monetary Union is not in question – but a candid review shows that we are consistently falling short of the convergence criteria,
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For The Observer Media Ltd, the outlet · Measured Aug 1, 2026
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