In an effort to guide its customers through the technicalities of other investment options, PostBank Uganda shared tips on how individuals can explore PostBank’s different investment options and benefit from...
By Julius Akais Osauro In Uganda, agriculture is not just an economic sector, it is the heartbeat of the nation resting on the shoulders of its smallholder farmers. Yet, these...
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……
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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Absa Bank Uganda has introduced the country’s first innovative and exciting cardless withdrawal function on its Automated Teller Machines (ATMs). The innovation allows customers to use a QR Code generated from…
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Bank Of Uganda has issued PostBank a license to operate as a tier-one commercial bank. Henceforth, PostBank shall no longer be categorized as a credit institution but as a deposit-taking financial…
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The Uganda shilling extended its gains on sustained flows mainly from remittances against thin demand. The unit traded within the range of 3560/70.In the fixed income, the treasury bill auction…
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Stanbic Bank and Prudential Uganda are set to launch a health insurance product for Stanbic Bank clients, to protect their savings so that in the event of an illness or…
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Upon qualification for his Age Benefit, that’s given to members who turn 55 years, Prof Alex Thomas Ijjo, an associate professor of Economics at Cavendish University, chose to continue saving…
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Anthony Ndegwa the Managing Director & Chief Executive Officer of NCBA Bank Uganda is leaving his position, effective next week, CEO East Africa has exclusively established.He is being replaced by…
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The local currency found support in a fairly stable market environment characterized by lack of vigour on the demand side against sufficient supply levels. Trading was confined in a tight…
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The Uganda shilling got a boost from export flows as well end month conversion that lifted up the local unit to trade at 3550/60.In fixed income markets, yields on government…
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