Gov’t projects a sh2Trillion revenue shortfall in the first quarter of Financial Year 2021/22 as a result of the on-going nationwide total lockdown in which businesses are closed down, the Finance Ministry Permanent Secretary/ Secretary to Treasury Patrick Ocailap has…
The monthly Stanbic Purchasing Managers’ Index (PMI) dropped to 34.9 in June from 56.5 in May attributed to government’s lockdown measures that were announced to tame the spread of COVID-19. PMI is an indicator of business activity, both in the…
KAMPALA —Mr. Constant Othieno Mayende has been appointed as Chairman Board of Directors, KCB Bank Uganda Limited. He replaces Mr. Aga Sekalala Jr, whose term recently came to an end. Mr. Othieno is a Partner at CMK & Co, Certified…
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…
The users of the app will also be able to open accounts, pre-apply for a mortgage or chat with a Housing Finance Bank customer service assistant through the BULOOKA APP.