KAMPALA — Centenary Bank has announced a 26.2% growth in its total assets on the back of increased customer deposits and investment activities. The growth demonstrates the bank’s resilience and guarantees its strong ability to continue meeting its customers’ financial…
African Guarantee Fund has announced the appointment of Jules Ngankam as the new Group Chief Executive Officer.
The Kenya Bankers Association (KBA) has signed a collaboration agreement with tech-firm Huawei-Kenya that seeks to deepen financial inclusion in the banking sector through further deployment of technology and building fintech capacity.
The OPEC Fund for International Development (the OPEC Fund) has signed a US$20 million term loan in favour of East African Development Bank (EADB). EADB will use the loan to support small- and medium-sized enterprises (SMEs) and infrastructure projects in East Africa.
Prof. Maggie Kigozi; a Ugandan Business Champion, Investment Promotion Expert, Entrepreneur, Farmer, Feminist, Chairperson of the Africa Scout Foundation, and Senior Consultant at the United Nations Industrial Development Organization (UNIDO) has today asked young developers to work on their confidence and also respect humble beginnings.
Bank of Uganda has announced new reforms with an aim to increase efficiency and enhance liquidity in the financial market. This has been done in collaboration with the Ministry of Finance, Planning, and Economic Development.
The National Social Security Fund (NSSF) members who qualify for withdrawal of their savings can now submit and track their claims online and through their mobile phones.
The World Bank has appointed Mr. Keith Hansen as the new Country Director for Uganda, Kenya, Rwanda, and Somalia effective September 8, 2020.
Budadiri West MP Nathan Nandala Mafabi has reached an agreement with the Institute of Certified Public Accounts of Uganda -ICPAU which will see his application for a practicing certificate considered and his name included in the new council members.
Transactions in Uganda's banking sector grew to a robust sh20 trillion from sh18 trillion the year before, helped by growth in agent banking, a survey by Summit Consulting indicates.
Renowned Kampala lawyer Dr. Elly Karuhanga ((Ph. D.) is set to serve another term as the Chairman Board of Directors dfcu Bank, after he was reappointed to the same position early this week following the expiry of his tenure.
As the world comes to terms with the effects of the Corona-virus (COVID-19) pandemic, it is apt to appreciate that e-commerce and digital currency are taking over as the future modes of transaction.
According to this report titled ‘Performance Report of Actual Activities for Quarter 3 (January – March, 2020) Financial Year 2019/2020’, released by the UIA Acting Director-General Lawrence Byensi, the entity also projects a severe reduction in job creation as a…
Despite the fact that mining and trade in Uganda’s gold are being carried out clandestinely in the country, the latest reports indicate that gold exports more than doubled in 2019 compared with the previous year, according to data from the…
All is not certain at Airtel Uganda, the second-biggest telecom in the country. This website has learnt that V.G Somasekhar, who has been the Managing Director of the company, has since thrown in the towel and quit his job. Raghunath…