Finance
-
648Housing Finance Bank unveils ‘Fuuka Don’ salary loan campaign to enable Ugandans achieve 2024 goals
Kampala, (UG): Housing Finance Bank has launched the ‘Fuuka Don’ salary loan campaign in a reaffirmation of its commitment to enabling financial...
-
634Study shows only 7% of Ugandan women own bank accounts
Stakeholders that deal in women’s economic empowerment initiatives have called upon women to formalize their businesses by accessing financial literacy, adopting digital...
-
1.6KHow Centenary Bank staff connived with fraudster to steal over shs100m from client’s account
Kampala, (UG): The management of Centenary Bank Uganda on Wednesday acknowledged a fraudilent activity which involved one of its staff collaborating with...
-
1.8KBank of Uganda spent sh199bn on printing new currencies in 2022
Kampala, (UG): The 2022/2023 annual report by the Bank of Uganda has revealed that the Central Bank spent Shs199bn to print and...
-
1.1KSalaam Bank gets first Islamic banking license in Uganda
Kampala, (UG): Salaam Bank Uganda Ltd has become the first commercial bank to acquire a license to offer Islamic banking services in...
-
907Bank of Uganda lowers CB rate for first time in 2 years
Kampala, (UG): The Bank of Uganda has lowered the Central Bank Rate (CBR) to 9.5 per cent, an indicator of its intention...
-
789World Bank action could affect Uganda borrowing elsewhere – Experts
KAMPALA, (UG): There is concern that the suspension by the World Bank of new loans to Uganda could influence other development finance...
-
1.0KSudhir floors dfcu Bank again as UK’s Court of Appeal defers trial of Crane Bank case at lower court
LONDON, UK: Businessman Sudhir Ruparelia, the proprietor of the now-defunct Crane Bank Limited yesterday victory yet again in his legal battle against...
-
781Absa Bank unveils ‘Mobi Tap’ functionality for small enterprises
KAMPALA, UGANDA: Absa Bank Uganda has unveiled the Absa Mobi Tap functionality, which allows Micro, Small, and Medium-Sized Enterprises to use their...
-
1.3KPost Bank, MTN Uganda to digitise PDM payouts with “Wendi” mobile wallet
PostBank, in partnership with MTN Uganda, has today announced the launch of “Wendi,” an innovative mobile wallet platform designed to support the...
-
1.0KStanbic earmarks IBM to achieve digital transformation of bank infrastructure
Commenting on the selection, Julia Carvalho, General Manager for IBM Africa Growth Markets said he was happy with the new journey with...
-
538How to safeguard your mobile money from fraudsters
To protect ourselves and our fellow Ugandans, it is crucial to understand the risks and take proactive measures to safeguard our mobile...
-
851Airtel Money, UNCDF launch open APIs to support innovators
Airtel Mobile says it will open its APIs to third party innovators, simplifying service delivery, and enabling them to develop new solutions
-
1.0KStanbic’s Anne Juuko only Ugandan listed among Africa’s 2023 Top Women CEOs
The data-driven list recognizes women who are leading large businesses that are also listed on one of Africa’s stock exchanges with a...
-
1.1Kdfcu Bank appoints Charles Mudiwa as new CEO
Charles brings on board over 26 years of experience in Banking, with strong business leadership, and success in turning around businesses and...
-
750Employers given 30-days to remit NSSF contributions or face penalties
Ayota said that unlike in the past when the definition of an employer was ambiguous, the NSSF Act, as amended, now provides...
-
728URA eyes more revenue on Mobile Money, Bank agents, in new tax regime
According to URA Commissioner General John Musinguzi, many banking and mobile money agents aren’t registered for taxes.
-
514Uganda Shilling Romps Over Regional Peers, Dollar
According to the Ministry of Finance, Planning and Economic Development, the Ugandan shilling appreciated by 1.9 percent in December against the US...
-
383
Gov’t proposes sh200m deposit for money remittance businesses in new bill
The proposed bill seeks to harmonize the regulatory regime and supervision of the financial sector aligned to the East African Community –...
-
522PICTORIAL: Finance Trust Bank unveils new Head Office as it marks 38 years
The bank, which serves over 500,000 customers to date says of sixty percent (60%) of these are women despite opening its doors...
-
792Airtel Money slashes transaction fees to other Networks by 95%
This means it will now cost customers shs 1000/- to send money from Airtel to other networks in Uganda and to Airtel...
-
570
BoU directs Banks to use National IDs in new loan applications
BoU's ED for Supervision Dr Twinemanzi said the move by the central bank is intended to promote financial inclusion and broaden credit...
-
1.2KEx-UPDF soldier drags Centenary Bank to court over fraud
The ex-soldier who had retired from the UPDF in 2018 was recalled for a mission to Somalia under the UPDF reserve force...