Finance Trust Bank (FTB) has become the 3rd commercial bank to reduce its Prime Lending Rate, revising it to a significant 21 percent from 22 percent per annum up effective…
Parliament has rejected a move tabled by Finance State Minister, David Bahati, to provide finances for running newly approved cities in the country. On July 1, seven newly created cities…
Aiming to ensure easier navigation and better viewing experience, SuperSport has announced massive changes, dropping the numbering system it has used for its channels for more than two decades, replacing…
Tell us about Bruce Mpamizo My name is Bruce Mpamizo, the Chief Executive Officer Movit Products Limited. I hold a Doctorate of humanity from Lead Impact University (USA), a Master’s…
The headline Stanbic Bank Purchasing Managers’ Index (PMI) has for the first time since February crossed into positive territory recording a reading of 50.3 in July. This follows easing of…
Dr Michael Atingi-Ego has taken over office as Deputy Governor, Bank of Uganda (BoU) effective August 03, 2020, replacing Dr Louis Kasekende who handed over office in January this year….
The Criminal Investigation Department of police (CID) has written to Bank of Uganda to produce the current Director Financial Markets Development, Benedict Sekabira in court to answer charges of concealing…
East Africa Beverages Limited (EABL), parent company to Uganda Breweries Limited, has announced annual performance declines driven by COVID-19 impact that has hugely hit the global economy. According to the…
Absa Group Limited, parent company of Uganda’s third largest bank by assets (UGX3.4 trillion as at end of 2019), Absa Bank on Tuesday announced the appointment of Nadine Byarugaba as…
The Former Chairman of Electoral Commission (EC) Eng Badru Kiggundu has been appointed new Chairperson of the Board of Directors of National Water and Sewerage Corporation (NWSC). While addressing the…
