Today, Housing Finance Bank officially launched its Government Securities Portal with a campaign dubbed” Invest On The Go” at Mestil Hotel and Residences, Kampala. The online portal, which is housed on the Bank’s website allows customers to buy Treasury Bills…
UNAIDS congratulates donors for increasing their contributions to the Global Fund to Fight AIDS, Tuberculosis and Malaria (Global Fund). Donors pledged US$ 14.25 billion to support efforts to end the three pandemics with more funding set to come. Donors made…
Ugandan president Yoweri Museveni has vowed that plans to build a cross-border export pipeline to carry crude from Uganda’s Lake Albert basin to Tanzania’s Indian Ocean coast will not be derailed by criticism from the EU. Last week the European…
MTN Uganda’s bold decision to list its shares on the Uganda Securities Exchange last year has propelled it to the league of Africa’s most valuable companies. The latest premier annual survey by South Africa’s African Business Magazine on Africa’s Top…
Local startups need to focus on niche markets that they can tap into to excel for better survival and longevity of their businesses, according to Mackinon Kabarole, Senior Manager, Business Intelligence at MTN Uganda. Mackinon, who spoke to the youth…
The benefits of separation of Mobile Money from the telecommunication business are beginning to be noticed as MTN Mobile Money customers are scheduled to receive UGX 5.7 billion interest pay-out for the quarter ended June 30, 2022. MTN Mobile Money…
Google has announced that 60 eligible black-founded startups across Africa have been selected for the second cohort of Google for Startups Black Founders Fund for Africa. The startups joining the program will receive a total of $4 million in funding…
Bajaj Auto Ltd in association with Nish Auto Ltd and Verma Co Ltd has launched the new 125cc motorcycle CT 125 in Uganda. The launch of the CT 125, positioned, ‘Champion of Fuel-Efficiency in 125cc’ marked the company’s commitment to…
KAMPALA – The Stanbic Purchasing Managers’ Index (PMI) has regained a positive outlook as the August data pointed to a renewed improvement in business conditions for Uganda’s private sector as both output and new orders returned to growth. The headline…
The phenomenal growth of Stanbic Bank’s East Africa Borderless Banking platform has revealed a pent-up demand for secure, real-time transactions across international borders. Spanning a single network that includes Uganda, Tanzania, Kenya and South Sudan, the Borderless Banking solution has…
The Uganda Tourism Association (UTA) has called for the establishment of a committee to lead the return of Ugandan artefacts from foreign museums. Herbert Byaruhanga, the President of UTA made the call on Tuesday, 30 August 2022, as he and…
Stanbic Bank customers can now expect to enjoy flexible terms when accessing loans including an increased loan tenure of up to 84 months and zero percent arrangement fees on all salary loans, it said on August 30. The promotion is…
Umeme, has withheld payment of an interim dividend to its shareholders despite recording a 33% growth in profit after tax to Shs64bn for the six months period ending June.30. The company executives said the profits will be used to pay…
Chipper Cash, a cross-border payments app, on Monday, 29 August 2022, joined Uganda Securities Exchange (USE) as a trading participant. USE is a central place for trading of securities by licensed brokers It provides a platform for raising of capital…
Uganda Clay Limited (UCL) has reported a 3% growth in revenues for the last six months to June due to improved production efficiencies and continued cost management measures put in place. The listed clay products manufacturer at the Uganda Securities…