papiliga

Open minded cynical with a good ogle as a Future Futurist in Science, Technology & Novelty! I believe that there should be Freedom & Independence for all

[World Athletics @WorldAthletics]

KIPLIMOOOOOO 👑

🇺🇬’s Jacob Kiplimo takes 10 seconds off the half marathon world record to win at the EDP Lisbon Half Marathon in 57:20* 🔥

*Pending usual ratification procedures

[Sudhir Byaruhanga @Sudhirntv]

I didn't know that the Ministry of Finance has a special USD exchange rate. USD25.59 billion is equivalent to UGX 94,869.5 billion. @mofpedU

[Yoweri K Museveni @KagutaMuseveni]

I have arrived in the United Republic of Tanzania on a working visit at the invitation of H.E. Samia Suluhu Hassan. We shall hold bilateral talks aimed at strengthening cooperation and deepening the long-standing relations between our two countries.

[U.S. Embassy Kampala, Uganda @USEmbassyUganda]

Attention Ugandans: Applying for a U.S. business/tourist (B1/B2) visa? Do NOT pay your bond in advance. A consular officer will provide instructions on how to pay your bond after your interview, if you are eligible. Payments made before the interview are not refundable.

[Muhereza Kyamutetera @StKyamutetera]

Last week, I had a good conversation with Annet Nakawunde Mulindwa, the Ugandan banker who has led @financetrustug through a long period of institutional growth — from its MDI roots to a Tier I commercial bank in 2013, and thereafter a long period of consistent balance sheet expansion.

On 29 January 2026, the Bank of Uganda authorised Finance Trust Bank to transition from a Tier I Commercial Bank licence to a Tier II Credit Institution licence, effective 1 April 2026.

This transition followed the collapse of a planned acquisition by Access Bank of Nigeria, which had been viewed as a credible strategic pathway for Finance Trust Bank to strengthen its capital position in line with the evolving regulatory environment. However, the deal did not proceed largely due to developments outside Uganda — specifically, changes in Nigeria’s banking regulatory environment, where the Central Bank of Nigeria significantly raised capital requirements for banks with cross-border footprints, compelling institutions such as Access Bank to prioritise domestic capital consolidation over regional expansion.

As of 2024, the bank reported:
📌 UGX 551bn in total assets
📌 UGX 340.7bn in customer deposits
📌 UGX 356.3bn in loans and advances
📌 UGX 10.4bn profit after tax

Out of the 8 Tier II supervised financial institutions, Finance Trust Bank will be the largest player, controlling roughly:
📎 45% of segment assets
📎 nearly 40% of deposits
📎 close to 50% of total lending — while also remaining the most profitable in the category.

From my conversation with Annet, one point was clear: the licence transition should be viewed within the broader regulatory and strategic context of Uganda’s evolving banking framework — particularly the increasing capital requirements for Tier I commercial banks.

For customers and stakeholders, the core message is continuity: Finance Trust Bank remains a regulated, supervised deposit-taking institution, and day-to-day banking activity is expected to continue normally as the transition is implemented.

For more details, facts and figures, read my detailed story here: https://t.co/OOoOJ3uPCV

#UgandaBanking #FinanceTrustBank #Leadership #Governance #FinancialSector

[Dan Go @CoachDanGo]

You know the world is healing when everyone is saying Merry Christmas

[U.S. Embassy Kampala, Uganda @USEmbassyUganda]

The United States Government and Government of Uganda today signed a landmark five-year, $2.3 billion bilateral health cooperation MOU under the 🇺🇸 #AmericaFirst Global Health Strategy and @USForeignAssist - advancing a shared commitment to save lives, strengthen systems, and promote country-led sustainability. @MinofHealthUG

🔊At the signing, #AmbPopp emphasized: "This agreement marks a significant shift toward self-reliance - through strong local health systems, clear performance metrics, and a foundational commitment to global health security to stop outbreaks before they threaten Uganda, the United States, and the world."

🔊🇺🇬 Minister of Finance (@mofpedU) Matia Kasaija affirmed: "This collaboration will not only deliver disease-specific results, but also strengthen Uganda’s national systems, institutions, and health workforce. Our commitment to increased domestic financing reflects our responsibility to sustain these gains."

🔗to the press release: https://t.co/wrON9ctcLN

[Hustlerz Hub @HustlerzHub]

Nobody cares untill you are rich. Xiaomi's founder then vs now.

[Daniel Naudé @danielf_naude]

I am very proud to have my work exhibited at the G20 in the presence of the President and other world leaders. It is an amazing honor to share my work and passion for the Ankole breed with the world. Photo was taken in Mbarara, Uganda
@RR007788
@KagutaMuseveni
@RutahBudidi

[Bureau of African Affairs @AsstSecStateAF]

Today, Senior Bureau Official Jonathan Pratt met with Ugandan Vice President Jessica Alupo @jessica_alupo. The United States appreciates Uganda's leadership role in in helping build and maintain peace, stability, and economic prosperity in Eastern Africa. Uganda’s support for the Washington Accords – the peace agreement signed yesterday between its neighbors, DRC and Rwanda – reflects Uganda's role as a force for stability in the region.

[Presidency | Rwanda @UrugwiroVillage]

President Kagame welcomed His Highness Sheikh Tamim bin Hamad Al Thani @TamimBinHamad, the Emir of the State of Qatar, upon his arrival at Kigali International Airport, before hosting him at his farm in Kibugabuga, where the two leaders are now holding a tête-à-tête meeting.

[Amb. Zhang Lizhong @PRC_Amb_Uganda]

Uganda attracts many visitors at the 8th China International Import Expo (CIIE) 2025

[RUBiS Energy Uganda @RUBiSEnergyUG1]

The launch attracted a large crowd of boda bodas who got a first-hand experience of the new oil. Riders attending the event enjoyed free bike servicing and practical maintenance advice from our skilled mechanics.

[Dr. Roger Zini @ZiniRoger]

Proud to see South Sudan take a bold step toward fiscal transparency.
Through our partnership with the @NCA_SSD and the South Sudan Revenue Authority, @NSoft17 will provide real-time visibility over telecom revenues, strengthening trust and sovereignty through technology.

[Olemukan Cosmas Okoboi 🇺🇬 @olemukan]

Locked in...

[CEO East Africa Magazine @CEOEastAfrica]

BIG NEWS IN UGANDA’S CAPITAL MARKETS!

@AbsaUganda has officially reintroduced its Custody Services, a milestone move to strengthen Uganda’s financial markets and empower institutional investors with secure, efficient, and transparent solutions.

"Our goal is to empower investors from pension funds to insurers, asset managers, and high-net-worth individuals to safeguard their assets, make informed decisions, and participate confidently in the growth of Uganda’s financial markets.” — David Wandera, Managing Director, Absa Bank Uganda

From pension funds to asset managers, insurers, and Saccos, Absa’s custody services are set to enhance market liquidity, attract foreign investment, and align Uganda with global standards.

🔗 Read the full story here: https://t.co/bD55kxBWME

#AbsaUganda #CapitalMarkets #CustodyServices #InvestInUganda

[MTN Uganda @mtnug]

In conclusion @sylmulinge emphasizes the need to build and nurture African talent that can innovate for local needs while staying competitive globally.

“Technology on its own is not enough; it’s the people behind it who determine its impact.

#FAFC2025 | #TogetherWeAreUnstoppable.

[Anita Komukama @AnitaKomukama]

Colleagues, running is life and running in the land of the (Lyec 🐘) is even more LIFE!
Here’s an opportunity to start the “season-to-be-jolly” in great style
Let go run @TheGuluMarathon and celebrate 12 months of LIFE and HEALTH!!
Sign up Sign up!!! 🥳🥳🥳🥳🥳

[Anita Komukama @AnitaKomukama]

Dear School Admin, sat my mid-term exam this morning as I’ll be part of them team ensuring Thursday’s @imarathonug is dully delivered..
We thank @ActivateUgandaL for the opportunity as an exam centre (Circuit Run)!
Dear HM @rkabushenga my Doctor cleared me for this 👍🏾🫡💪🏾

[Presidency | Rwanda @UrugwiroVillage]

“People are not meant to make mistakes just for the sake of it. When mistakes happen, they must be acknowledged and turned into lessons that move us forward. But when the same mistakes keep happening repeatedly, then it becomes something else. It means that those in charge are thinking only of themselves, rather than focusing on Rwandans or the country.

These kinds of mistakes can be avoided. And we should avoid them because we know we have to work for the benefit of all Rwandans.” President Kagame | Swearing-in of Government Officials