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    Samuel Muhimba

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    Airtel Uganda seals huge Partnership with Jumia to ease consumer transactions

    Samuel MuhimbaCompany NewsSeptember 8, 2020

    Airtel Uganda has announced a partnership with Uganda’s largest online marketplace, Jumia that will enable subscribers to complete payments directly on the platform. The partnership enables Airtel Uganda subscribers to…

    BoU Names 7 Primary Dealer Banks as it Announces Reforms to Enhance Liquidity in Financial Market

    Samuel MuhimbaThe Big StorySeptember 7, 2020September 7, 2020

    The Bank of Uganda in collaboration with the Ministry of Finance, Planning and Economic Development, has this afternoon announced that it has undertaken reforms to the Government securities market as…

    Schools re-open on September 20: Janet Museveni asks Finance Minister to release capitation grant

    Samuel MuhimbaBanking & Financial ServicesSeptember 7, 2020September 7, 2020

    Firsts Lady and Minister of Education Janet Museveni has written to the Minister of Finance, Matia Kasaija asking him to release the capitation grant for third term as the education…

    URA announces new senior management Team

    Samuel MuhimbaCompany NewsSeptember 2, 2020September 2, 2020

    Uganda Revenue Authority (URA) has announced new appointments in its Corporate Services, Domestic Taxes, Customs and Internal Audit & Compliance departments. This follows the recent appointments to its Senior Management…

    National Council for Higher Education permits Victoria University to roll-out e-learning during Covid-19 lockdown

    Samuel MuhimbaCompany NewsSeptember 2, 2020September 4, 2020

    Uganda’s fastest-growing private university, Victoria University has been granted permission by National Council for Higher Education (NCHE)  to roll-out  E-Learning. In July, NCHE released guidelines for e-learning in institutions of…

    ERA begins regulating use of wooden poles

    Samuel MuhimbaCompany NewsSeptember 1, 2020September 1, 2020

    Electricity Regulatory Authority (ERA) has approved and gazetted the Electricity (Acquisition and Use of Wooden Poles in the Electricity Supply Industry) Guidelines, 2020 as part of its mandate to develop…

    Uganda’s Annual Headline Inflation for August declines to 4.6 percent

    Samuel MuhimbaBanking & Financial ServicesSeptember 1, 2020

    Uganda Bureau of Statistics (UBOS) yesterday released Consumer Price Index (CPI) statistics for August 2020 showing a decline in Annual Headline Inflation of 4.6 percent compared to 4.7 percent recorded…

    COVID-19: Absa Group earnings decline by 82%

    Samuel MuhimbaCompany NewsAugust 27, 2020August 27, 2020

    Absa Group Ltd, parent group of Uganda’s 3rd largest bank by assets and customer deposits, has reported an 82% decline in normalized interim earnings after impairments increased four-fold to R14.7…

    Elly Karuhanga re-elected dfcu Limited Chairman

    Samuel MuhimbaCompany NewsAugust 26, 2020August 26, 2020

    Prominent City lawyer and business man Elly Karuhanga, has been re-elected as dfcu Limited Chairman, the holding company of dfcu Bank, the 5th largest bank by assets. Karuhanga’s re-election was…

    CIPLAQCIL acquires Quality Chemicals Limited’s Human Health Care business in UGX4.6 billion deal

    Samuel MuhimbaCompany NewsAugust 24, 2020August 24, 2020

    Leading Pharmaceutical manufacturer CIPLAQCIL has announced the acquisition of assets of Quality Chemical’s Limited’s Human health care business portfolio in a deal worth US$ 1.27 million (UGX4.6 billion). In a…

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