Finance
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2.6KUganda’s former AG Byaruhanga acquires Shs35b stake in Kenya’s Sidian Bank
The transaction, valued at Shs35.2 billion was completed through Centum Investments as part of its strategy to reduce its stake in the...
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2.4KDr Atingi-Ego ranked among World’s top 25 Central Bank Governors
Entebbe, Uganda: Bank of Uganda (BoU) Governor, Dr. Michael Atingi-Ego, has been named among the world’s top 25 best-performing central bank governors...
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9.3KWhat MTN’s mobile money separation means for customers, fintech world
Kampala, Uganda: In a landmark decision with far-reaching implications for Uganda’s digital economy and Africa’s fintech landscape, shareholders of MTN Group this...
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2.9KEquity Bank deploys AI, external auditors in crackdown on staff integrity
Kampala, Uganda: Equity Bank Uganda has rolled out a sweeping internal reform initiative dubbed the “Culture of Accountability”, designed to reinforce ethical...
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3.4KUganda’s open currency policy and the decline of the shillings
By Wabusimba Amiri In recent years, Uganda’s economy has grappled with a troubling trend: the persistent depreciation of the Ugandan shilling against...
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7.2KPostBank to change name to Pearl Bank
Kampala, Uganda: The shareholders of PostBank Uganda have approved a proposal to change the institution’s name to Pearl Bank Uganda Limited, in...
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1.3KThe Absentees of Abidjan: What Their Silence Says About Africa’s Future
By Milton Oluoch On May 13, 2025, Africa expected a moment of clarity. At the Africa CEO Forum in Abidjan, five contenders...
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3.5KaBi Finance equips microfinance leaders with ESG tools for sustainable impact
Kampala, Uganda: aBi Finance has launched an intensive training program targeting top leaders of Uganda’s Tier 4 financial institutions, SACCOs, and microfinance...
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6.0KPride Microfinance becomes Pride Bank after 30 years
Kampala, Uganda: Pride Microfinance (MDI) has officially rebranded to Pride Bank Limited, marking a historic transition from a Tier III microfinance deposit-taking...
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673NSSF recover shs70b in Whistleblower drive
Kampala, (UG): Halfway through the recently launched whistleblower campaign, the National Social Security Fund (NSSF) has unearthed over Shs70 billion from reported...
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1.3KHousing 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...
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1.0KStudy 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...
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2.3KHow 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...
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3.2KBank 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...
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2.4KSalaam 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...
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2.0KBank 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...
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1.2KWorld 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...
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1.7KSudhir 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...
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1.8KAbsa 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...
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3.3KPost 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...