Joseph Ssentongo has been formally confirmed as Chief Executive Officer of the Global Innovation Fund, with immediate effect. His appointment was ratified by the GIF Board when it met last week...
At least 201 companies have been liquidated in the five years to June 2024, data from Uganda Registration Services Bureau (URSB) indicates. However, new business registration has equally grown, with at……
Uganda Registration Services Bureau (URSB) registered a significant increase in borrower securities or collaterals under the Security Interest in Movable Property registry in the year ended June 2024, an indication……
Across the globe, countries are pushing towards energy transition and sustainable energy production. Uganda has not been exceptional and a lot has been achieved but the country continues to push towards……
Ugandans on average transacted UGX 159 trillion on MTN Mobile Money, which translated to UGX 435 billion per day for the 12 months to December 2024. Details contained in the...
All employers in Uganda, irrespective of the number of workers employed, have only 30 days to register with the National Social Security Fund (NSSF) and remit social security contributions for…
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Centenary Group, one of Uganda’s largest players in financial and digital inclusion, has officially launched its Malawi subsidiary⏤ Centenary Bank Limited, promising to bring its innovative solutions to underserved communities…
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In this interview, Sam Ntulume, the Ag. Managing Director/CEO, explains everything you need to know about offshore banking and its multiple benefits. What is Offshore Banking? Offshore Banking, at its basic,…
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Last week, Vision Group, released its results for the 6 months leading to December 2022, reporting that overall turnover declined by 25.80%⏤ from UGX61.1 billion in the 6 months to…
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The Reserve Bank of Malawi has awarded a license to Centenary Group and the Catholic Church Archdiocese of Lilongwe to carry out banking operations in Malawi. The name of the new…
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Tell us about Nada Andersen. What’s your background and how did you come to join advertising, and in Uganda?I came to Uganda as a young student of the Academy of…
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usinesses must make cyber risk management an integral part of their business strategy so as to match the dynamic and ubiquitous new age cyber risks, Peter Kahiigi, Chief Technology Officer…
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Stanbic Bank Uganda has won the Bank of Uganda (BoU) award for ‘Best-performing Primary Dealer Market Maker (PDMM) for 2022, becoming the first to earn the honour for a record…
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BDF was started by the late Hon. Caesar Joseph Magara in 1964, on a small piece of land in Kitoba village, Hoima district. Caesar Magara was a Member of Parliament…
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Stanbic Bank Uganda, has spoken out about the brazen theft of USD1.8 million from one of its customers, Nile Energy Limited.In a brief statement released today, the bank acknowledged the…
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