In December last year, Parliament voted on a controversial constitutional amendment that would see the presidential age limit lifted and length of a presidential tenure extended. Although the ruling NRM…
The bank’s total revenue increased by 11% to UGX258bn in 2017, up from UGX233 billion in 2016. Total income increased to UGX304.4 billion in 2017, up from UGX272 billion in 2016. Barclays Bank net profit increased by 30.9% to UGX72 billio in 2017, from the UGX55 billion the commercial bank recorded in 2016 In the financial statements, released Monday, Barclays attributed the increase in profits to “a very strong revenue performances and cost efficiencies.
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The Kinshasa service is a bold comeback for the carrier that in February 2016 was forced to withdraw from three routes – Bujumbura, Kigali and Kilimanjaro, just fifteen months after…
ICT minister Frank Tumwebaze said everyone should be able to exploit the opportunities that arise within the ICT sector irrespective of their location, physical inability, age, gender, level of literacy,…
Launched in 2005, the Primary Dealer (PD) system aims to promote participation in Uganda Government securities markets, to foster the development of financial markets, to improve the secondary market trading system as well as to ensure efficiency in the operations related to the Government securities market at the central bank. Stanbic Bank Uganda Ltd has been awarded the best performing bank in Uganda government securities for the Year 2017–a sixth consecutive award for the biggest commercial bank in the country. Speaking at the Annual Award Event for the Best Performing Commercial Bank of the Year in Government Securities at Bank…
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Last week, seasoned lawyer Fred Muwema warned banks that their fascination with publishing images and other data about clients who fail to meet their loan obligations was not only wrong…
Mutebile said there has been growth in all major sectors. Agriculture grew by 6.1% in 2017 from a decline of -0.4% in 2016, the service sector grew by 8.1% from…
The signing of the PFA means pre-Final Investment Decision (FID) activities like Front End Engineering and Design (FEED), Project Capital and Investment Costs Estimation (PCE), Environmental and Social Impact Assessments…
On April 06th 2-18, Bank of Uganda Governor, Dr Louis Kasekende, spoke out, for the first time in a long time about the sale, by Bank of Uganda of Crane…
Clause 14B of the Bill prepared by Eng. Monica Azuba Ntege, the minister of works and transport, adds that a person who imports a motor vehicle which is five years…
