
Bank transactions surge to UGX 20 trillion
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.

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.

Kiryandongo, August 26, 2020 – Following recently published allegations of land grabbing, Agilis Partners would like to state that it has never evicted anyone from its land and has always been focused on empowering the communities in which Agilis invests.…

The GEMS Cambridge International School in Kampala is yet another non-medical causality of the COVID-19 lockdown after its management announced that it will close shop at the end of this year.

The Speaker of Parliament, Rebecca Kadaga, has aimed a dig at the executive arm, castigating Ministers over absenteeism and leading to slow progress of the institution's work.

The Minister of Works and Transport, Gen. Edward Katumba Wamala, has said that his Ministry has no money to fund its ongoing road works.

Stanbic Bank's profits dropped by 4.9 percent in the first six months of 2020, an indicator that the coronavirus pandemic has not spared even the highfliers in the industry.

Several fraudsters have used the Coronavirus (COVID-19) lockdown and pandemic as an opportunity to con unsuspecting Ugandans of their hard-earned money.

The Uganda National Oil Company (UNOC) has announced a campaign dubbed ’90 Days of Oil and Mining’, which is aimed at sensitizing the public and all stakeholders about Uganda’s oil and gas sector.

During a joint operation on Sunday at around 9 PM, Police in Kampala has arrested seven suspects for gathering in an apartment and drinking alcohol, contrary to the Ministry of Health guidelines to combat Covid-19 in the country.

The transformation of the banking sector is an obligation we must accept at heart as Ugandans and stop discussing foreign economic policies.

Shell customers stand a chance to be rewarded with prizes instantly for every purchase made at Shell service stations, countrywide, for the next eight weeks, in a new campaign dubbed “Good to See You Again.”