ACCA Uganda and Deloitte have officially unveiled the 5th (2021) edition of the Chief Financial Officer Awards to be held on December 09th, 2021 under the theme, “Finance leaders as drivers of sustainability.” The launch of the awards strategically coincides…
When MTN announced that it would be selling shares to the public last week, it emphasized that Ugandans would take priority. The telecom even revealed some incentives that Ugandans would enjoy in form of bonus shares in addition to taking…
Data from Bank of Uganda shows that loan applications and approvals fell in the last quarter ended August 2021 The Central Bank says that the fall was a result of the slow pace in economic recovery with banks remaining cautious…
Stanbic Bank Uganda has taken control of petroleum products distributor MOGAS after the latter reportedly failed to pay back a three-year loan. The bank immediately put the company, whose full name is: Maestro Oil and Gas Solutions under receivership to…
Pegasus Technologies Limited, a locally founded Ugandan company, is now the fifth company to receive a license from the Bank of Uganda (BOU) to operate as a Payment Service Operator (PSO), having fulfilled the rigorous requirements of the National Payments…
Upon finalization of the share acquisition transaction, Kenyan I&M Group announced plans to rebrand its newly acquired business in Uganda, Orient Bank Ltd to I&M Bank (Uganda) Limited. I&M PLC’s acquisition of 90% shareholding in Uganda’s Orient Bank Ltd (OBL)…
Whereas several Ugandans are struggling to access their savings with the National Social Security Fund (NSSF), the managers of the Fund are literally swimming in billions of cash. Credible sources within this government entity have revealed to this website that…
Telecom giant MTN Uganda, a subsidiary of MTN South Africa, has announced that the company has decided to give Ugandans an opportunity to buy shares 20% of the company’s ordinary shares worth Shs4.4Bn following approvals by the Capital Markets Authority…
Sumin Namaganda, former Public Relations Manager and Corporate Social Responsibility lead at Airtel Uganda has been appointed as the new Manager Corporate Affairs for Uganda Development Bank(UDB). Sumin is an accomplished Communications Specialist who joins the bank with over 12…
The strategy by telecom giant MTN Telecommunications Company of getting Ugandans involved as partners in its activities has been described as very important by President Yoweri Museveni who said it allows Ugandans and Africans to be partners in all the…
PHOTO: Michael Atingi-Ego the Deputy Governor BOU, Wim Vanhelleputte the MTN Uganda CEO, Anne Jjuuko the Stanbic Bank Uganda CEO, Godfrey Baluku Kabyangga the State Minister for National Guidance, Irene Ssewankambo, the Executive Director UCC and Andrew Bugembe, the MTN…
Uganda Securities Exchange’s (USE) Securities Central Depository (SCD) and MTN Mobile Money have today unveiled a digital SCD account opening platform to further efforts towards financially including all Ugandans. A Securities Central Depository commonly referred to as an SCD account…
Stanbic Uganda Holdings Limited (SUHL), a member of the Standard Bank Group, has demonstrated business resilience, weathering through the effects of the Covid-19 pandemic to post a robust performance in the first half of 2021 with strong growth across all…
Prudential Assurance Uganda Limited (Prudential Uganda) has successfully transferred the policy holders, staff and agents of International Air Ambulance Healthcare (IAA Healthcare) to its business. This follows a comprehensive transfer process that was presided by the insurance industry’s supervisory body,…
By Wilson Ishimwe Uganda Bankers Association (UBA) has unveiled the Fourth Annual Bankers Conference 2021 that will be held 26th & 27th July under the theme “ Bend but Don’t Break, How the Financial Sector can thrive in the era of the…