Finance
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1.2KMobile money transactions hit Shs 145trillion
This comes amidst growing concerns from the public over the safety of mobile banking and transfer systems, with reports of theft by...
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995Minister orders fresh verification of vendors in Mbarara central market
The directive follows investigations after registering multiple complaints from vendors.
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1.1KIt’s about time we started buying Ugandan products
Recently government, through the ministry of Trade, Industry and Cooperatives, held a Buy Uganda Build Uganda expo (BUBU Expo 2022) at Kololo...
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1.2KBIG STORY: Why African Banknotes Are Printed in Europe
Only a handful of African countries, like Nigeria, South Africa, Morocco, and Kenya have enough resources to print their own currencies or...
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2.0KBank of Uganda goes mobile to increase trade in govt bonds
On offshore indices, investment advisors say that they help in tracking and measuring the total return of emerging markets bonds that meet...
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1.2KUgandans to start applying for NSSF Midterm Cash next week
A leaked copy of the regulations in Monday's Daily Monitor paper indicated that claimants must present details of their National ID or...
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1.0KAndrew Mwenda: Sudhir’s Court Victory in Crane Bank Saga Exposes BoU as Most Fraudulent Institution in the World
BY ANDREW M. MWENDA On February 11, businessman Sudhir Ruparelia won yet another victory in the Supreme Court against Bank of Uganda...
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871OP-ED: Uganda should celebrate Sudhir’s victory against BoU & Reopen Crane Bank in partnership with govt
Government is right to partner with local businessman Sudhir Ruparelia to build an ultra-modern conference facility for holding top-notch meetings, such as...
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1.1KBOU-CRANE BANK SAGA: Supreme Court confirms top BoU Officials swindled Shs397bn in Bank Sale
The BoU officials still cannot believe that the Supreme Court has sided with the lower courts that the central bank pays the...
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898How Fraudulent closure of commercial banks ruined Kasekende’s chances of becoming new BOU Governor
KAMPALA, UGANDA: Former Bank of Uganda (BoU) Deputy Governor Dr. Louis Kasekende will now have no chance of succeeding his former boss,...
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78493% of Ugandans have less than sh1million on bank accounts
This means when a bank is closing down, anyone with 10 million shillings will be fully paid their deposits back, while the...
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874OPINION: Ugandans Will Remain Poor Until They Own Their Bank
Written by DR EZRA SURUMA One of the most blatant aims of new colonialism (neocolonialism) is to ensure that Africans are denied...
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1.5K
Bank of Uganda Clarifies on Legality of Bank Notes bearing Mutebile’s signature
The clarification by the central bank follows public speculation and misinformation circulating on social media claiming that the banknotes bearing the late...
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1.9KSCANDAL: Court blocks move by Stanbic to evict woman as bank is cited in another ‘fraud case’
Halima also wants court to order Stanbic Bank Uganda to deliver Halima’s certificate of title to her and set permanent injunction restraining...
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6.3KBillionaire Sudhir Ruparelia tops list of 2022 Uganda’s Richest Men
Some of these wealthy personalities from Uganda have even made it to Forbes’s list of wealthiest persons in the world, which proves...
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4.7KWho will be the next BOU Governor? – Here are Potential Candidates to replace Mutebile
Some names of prominent economists and financial experts have been mentioned though as the public starts to speculate the next Bank of...
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2.3KKCB Bank Sued for Fraud, Money Laundering in Fresh Court Battle With Tirupati
Tirupati also accuses KCB Bank of breach of fiduciary duties since the banks were acting as trustees of plaintiff’s name and reputation,...
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996Microfinance support center kicks off training for Emyooga Saccos in Bunyoro
The two-day training was launched at Hoima Resort Hotel in Hoima city where various leaders in Bunyoro Region such as the business...
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1.0KDfcu unveils mobile loans ahead of festive season, schools reopening
KAMPALA, UGANDA: Dfcu bank has unveiled mobile-based micro-loans to its customers as it strives to tap into a larger pool of small...
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878UDB to give loans to women, youth and SMEs for sustainable growth
KAMPALA, UGANDA; The Uganda Development Bank (UDB), has unveiled new credit offers aimed at addressing the growth of three unique segments which...
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941Orient Bank rebrands to I&M Bank Uganda Limited
KAMPALA, UGANDA: Kenyan firm I&M Holdings have officially taken over the ownership of Orient Bank Limited after launching their new rebranded operations...
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1.1KANDREW MWENDA: BoU should concede Crane Bank legal battle, negotiate with Mogul Sudhir
KAMPALA — Top city journalist Andrew Mujuni Mwenda has advised the Bank of Uganda to concede in the four-year old legal battle...
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1.2KUBA appointed Primary Dealer Bank in Uganda
KAMPALA, UGANDA: The United Bank of Africa (UBA), Africa’s global bank has been named a Primary Dealer bank in Uganda. This brings...
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1.2KEquity Named Best Regional Bank in East Africa
NAIROBI, KENYA: Equity has been named the Best Regional Bank in East Africa at the 2021 African Banker Awards. According to a...
