Airtel Uganda’s public termination of an employee, Mr. Mabingo Juma, for “gross misconduct”, is more than a routine action by the Human Resource Manager’s office. It is a powerful and public statement that underscores the company’s aggressive efforts to combat…
The Ugandan delegation at the Summit included, besides Prof. Nuwagaba, Hon. Ruth Nankabirwa, the Minister of Energy and Mineral Development, Dr. Sudhir Ruperelia, the Chairman of Ruparelia Group of Companies, among others. Speaking on the Bank’s role in driving financial…
Mobile money, particularly MTN MoMo, has evolved from a simple money transfer service into a powerful engine for financial inclusion and economic growth in Uganda. This transformation is at the heart of MTN Uganda’s inaugural Sustainability Report, launched in Kampala…
In a significant display of collaboration at the apex of Uganda’s financial sector, on Thursday, July 31, 2025, Mr. Mumba Kenneth Kalifungwa, the new Chief Executive of Stanbic Bank Uganda, paid a courtesy visit to the Governor of the Bank…
Remittances are more than mere financial transactions; they are the bedrock of Uganda’s economic resilience, a lifeline for millions of families, and a powerful engine for national development. This was the central message delivered by Julius Kakeeto, the Managing Director…
Uganda is charting an ambitious course to dramatically transform its economy, targeting a tenfold increase from its current US$63 billion to a staggering US$500 billion within the next 15 years. This monumental leap, however, demands a fundamental shift in how…
The Bank of Uganda’s Petroleum Fund Management team, accompanied by senior management from operations and finance, conducted a tour of the Tilenga Project Area over the weekend. The visit, which was steered by a team from the Petroleum Authority of…
The Bank of Uganda has issued a stern warning to the public against using their National IDs as collateral for moneylenders. This warning was made during the Bank of Uganda Town Halls, a community outreach campaign aimed at fostering capacity…
In a significant move to combat money laundering and streamline the flow of foreign currency in Uganda, the Bank of Uganda (BoU), under the leadership of Governor Michael Atingi-Ego, has announced the rollout of a new remittance form for commercial…
Uganda has retained its position as one of Africa’s top financial markets, securing fourth place in the 2024 Absa Africa Financial Markets Index. The report, released in Kampala on January 28th, highlights the country’s strong macroeconomic stability and improvements in…