Experts and government officials participating in the recently concluded Data Analytics, Artificial Intelligence and Data Governance Symposium have all underscored the need for the government, the private sector and not-for-profits...
Money lenders and some private sector players have warned of dire consequences to the economy over the new interest cap of 2.8 percent per month for money lenders instituted by...
The 2024 International Men’s Day offers us an opportunity to once again turn our attention towards men by recognising and celebrating their contributions to their families, communities and workplaces. This...
Uganda’s central bank, the Bank of Uganda, has its work cut out in implementing its domestic gold purchase programme that was launched in July this year. The Bank’s gold programme...
On Friday, November 15, 2024, Uganda took a significant step toward addressing climate change by launching its Alliance for Climate Forestry Compensation Strategy during the ongoing UN Climate Summit (COP29)...
Latest data from Bank of Uganda (BOU) shows Ugandan banks and other supervised financial institutions, remain profitable and adequately capitalised following a surge in net-after-tax profit to UGX 1.4 trillion…
The Citi Foundation has announced the 50 community organizations around the world that are set to each receive $500,000 (UGX 1.8 Billion) in catalytic funding as part of the 2024…
Against a backdrop of continued macroeconomic headwinds of high interest rates and volatile exchange rates across the markets that the Group operates in, Equity Group Holdings Plc (EGH) continues to…
Stanbic Bank has partnered with Adjumani Hospital to spearhead a campaign to eradicate maternal mortality in the West Nile subregion. This initiative, announced during the bank’s October L.O.V.E Month, underlines…
Over 200 amateur golfers from Uganda and Kenya participated in the first-ever I&M Bank Katogo Golf Series tournament at Limuru Country Club on Saturday, November 9, 2024. Dubbed the ‘Migingo…
A special committee instituted by the Office of the Inspector General of Government (IGG) has commenced investigations into three real estate companies for breach of construction guidelines for some of…
Citi today announced a EUR 126 million loan to the Government of the Republic of Uganda to fund the design and build of the Lusalira to Sembabule road project in Uganda….
dfcu Bank has earned international acclaim by winning the prestigious Gold Award in the Distribution category at the Qorus Reinvention Awards—MEA 2024 in Dubai. Recognized among nearly 700 entries worldwide,…
The National Social Security Fund (NSSF) has once again proven its commitment to transparency and high standards in financial reporting, winning the coveted Gold Award at the 2024 Financial Reporting…
Uganda’s private sector continued its growth trajectory in October, marking the seventh consecutive month of expansion according to the latest Stanbic Purchasing Managers’ Index (PMI). Although the PMI fell slightly…