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    Finance

    10 Things Bank of Uganda’s Michael Atingi-Ego Did to Stabilise the Economy in 2024

    January 7, 2025January 7, 2025 0 Shares
    Many analysts agree that the Ugandan economy in 2024 exhibited remarkable resilience, navigating a landscape fraught with global uncertainties and regional challenges. At the centre of this performance was Dr...

    Cracking Opportunities with Kigali International Financial Centre (KIFC) Club Membership

    January 6, 2025January 8, 2025 0 Shares
    Imagine stepping into Africa’s booming financial sector with a community behind you, ready to help you connect, grow, and lead. Becoming a member of the Kigali International Financial Centre (KIFC)...

    Breaking Barriers: Gender, Innovation, and the Future of Finance

    January 5, 2025January 5, 2025 0 Shares
    The financial profession is undergoing a seismic shift. The age-old notions of bookkeeping and audit trails have given way to a dynamic era where finance leaders are pivotal in shaping...

    Western Union and PostBank Uganda Revolutionize International Money Transfers with Wendi Mobile Wallet

    December 24, 2024December 24, 2024 0 Shares
    Western Union and Postbank Uganda have today launched international money transfers in the Wendi mobile wallet. The co-branded digital service will empower customers in Uganda to send and receive funds...

    How a dfcu GROW Loan transformed a Hoima farmer’s business and livelihood

    December 13, 2024December 13, 2024 0 Shares
    Ruth Ajuna is living proof of how determination and access to the right financial support can transform lives. A farmer and entrepreneur from Hoima District, Ruth has cultivated a thriving...

    August 12 – August 19, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

    by CEO ReporterFinanceNews & AnalysisAugust 19, 2022August 19, 2022

    The Uganda shilling was set to end the week on a weaker tone, reversing the gaining streak on rebound of strong demand mainly from importers and commercial banks squaring positions….

    FINCA@30: Who are the 13 top executives leading FINCA’s mission to provide innovative and impactful financial services to Uganda’s low-income earners?

    by Muhereza KyamuteteraFinanceNews & AnalysisThe Big StoryAugust 12, 2022September 9, 2022

    In line with its purpose of being an “unconventional community-based bank that responsibly provides innovative and impactful financial services”, FINCA has also maintained health profitability. For example, in 2019, at…

    August 5 – August 12, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

    by CEO ReporterFinanceNews & AnalysisAugust 12, 2022August 15, 2022

    The Uganda Shilling pared losses after struggling for momentum against a bullish dollar. The shilling rally was driven mainly by domestic factors that dented demand. Trading was in the range…

    Samuel Mwogeza to leave Stanbic Bank for a global CFO role

    by Muhereza KyamuteteraFinanceNews & AnalysisThe Big StoryAugust 12, 2022October 31, 2022

    Samuel Fredrick Mwogeza, hitherto the Stanbic Bank, Uganda, Executive Head for Consumer & Affluent Banking is quitting the bank, for a yet-to-be-named Global CFO role, CEO East Africa Magazine can…

    July 29 – August 5, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

    by CEO ReporterFinanceNews & AnalysisAugust 5, 2022August 5, 2022

    The shilling was in a risk off trade as foreign institutional investors continued to reduce their exposure to riskier assets. The currency tested the 3900 level and later retreated to…

    July 15 – July 22, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

    by CEO ReporterFinanceNews & AnalysisJuly 22, 2022July 22, 2022

    The Uganda shilling slumped to an all time record low against the dollar, breaching a crucial psychological level of 3800 on increased demand mainly from offshore portfolio investors exiting the…

    June 17 – June 24, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

    by CEO ReporterFinanceNews & AnalysisJune 24, 2022June 24, 2022

    The Uganda shilling edged lower against the dollar as the market remained pressured by mainly offshore demand and pockets of demand from energy and manufacturing sectors. Trading held in the…

    June 10 – June 17, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

    by CEO ReporterFinanceNews & AnalysisJune 17, 2022June 17, 2022

    The Uganda shilling continued to battle a range of headwinds surrendering gains post Bank of Uganda intervention. Foreign portfolio disinvestment was the main driver of the currency weakness during the…

    May 27 – June 3, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

    by CEO ReporterFinanceNews & AnalysisJune 3, 2022June 3, 2022

    The Uganda shilling was under stress trading above the key psychological level of 3800 for the first time in months. Towards closure of the week the unit cooled off, lifted…

    May 20 – May 27, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

    by CEO ReporterFinanceNews & AnalysisMay 27, 2022May 27, 2022

    The Uganda shilling was on a losing streak, trading at its lowest in months plagued by the reality of inflation pressures and high oil import demand. The energy forex requirements…

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