A leaked memo from the Office of the Prime Minister reveals that the government of Uganda plans to review and possibly approve borrowing proposals amounting to over USD 1.6 billion……
Government, through Ministry of Finance is seeking about $ 50 million (UGX 183 billion) from Absa Bank as capital investment into the Uganda Electricity Distribution Company Limited (UEDCL) to fully……
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……
I&M Bank Uganda has reaffirmed its commitment as the official bank partner for the 12th edition of the Kabaka Birthday Run, slated for Sunday April 6th, 2025. The 2025 Kabaka...
Now that we know we have an idea of the Umeme buyout amount, what could be in it for shareholders? Umeme has since last year been one of the most active……
The President of the Institute of Certified Public Accountants CPA Constant Othieno Mayende has asked employers to recruit only professional accountants who have undergone training, and are members of ICPAU…
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The Uganda shilling perched on the stable side supported by corporate and interbank market activity and held broadly in the range of 3515/25.In the bond market, investors continued to show…
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Prof. Emmanuel Tumusiime-Mutebile, Bank of Uganda’s longest-serving Governor and Chairman of the Board of Directors, since 2001, has died.He was aged 72 years.Born on January 27th, 1949, he has died…
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The local currency kept a positive outlook, as earlier forecast of increased dollar demand underpinned by the reopening of the economy did not come through at the scale that was…
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The Uganda shilling ticked slightly higher in thin trading on cautious optimism as the economy opens up. Sustained market inflows also worked in favour of the local unit. Trading was…
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In the first trading week of the year, the Uganda shilling was little changed following a quiet holiday period. Market activity remained low as most market players were yet to…
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In this interview with CEO East Africa Magazine’s Muhereza Kyamutetera, Kakeeto says, much as the tier-one is the holy grail that he has been chasing, attaining it, marks the start…
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Birungyi Cephas Kagyenda of Birungyi, Barata & Associates (BBA) is probably Uganda’s foremost tax professional with rich legal knowledge spanning 36 years in Taxation, Commercial and Corporate Law, Energy and…
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The Bank of Uganda (BoU) at the Monetary Policy Committee meeting of December 2021, maintained the Central Bank Rate (CBR) at 6.5%.The Central Bank says maintaining the CBR at 6.5%…
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Here are the key 10 things you need to know about this industry-first from Absa.First of all, to enjoy the extreme convenience, you have to be an Absa Bank customer….
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