News & Analysis

August 26 – September 2, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

CEO ReporterBanking & Financial ServicesNews & AnalysisSeptember 2, 2022September 2, 2022

The Uganda shilling held steady, trading within range amid low dollar appetite across all sectors. Supply was beefed up by end month conversions. The unit was quoted at 3800/10. The…

Absa partners with the Uganda Institute of Information and Communications Technology to enhance ICT skills training in vocational institutions

CEO ReporterNews & AnalysisSeptember 2, 2022September 2, 2022

Absa Bank Uganda has partnered with the Uganda Institute of Information and Communication Technology (UICT) to provide ICT skills training to youth in vocational institutions around the country. The training…

Standard Chartered Bank Supports Makerere University Centenary Celebrations with UGX 50M

Nelson NambooleNews & AnalysisSeptember 2, 2022September 2, 2022

Standard Chartered Bank Uganda Limited has announced a commitment worth UGX 50m towards Makerere University’s centenary celebrations. The commitment will go towards supporting the university’s year-long anniversary celebrations, which were…

Uganda Marketers Society partners with PRAU to improve performance in Public Relations, Marketing

CEO ReporterNews & AnalysisSeptember 1, 2022September 2, 2022

The Uganda Marketers Society (UMS) a leading body of professional marketers in Uganda has signed a Memorandum of Understanding (MOU) with the Public Relations Association of Uganda (PRAU), an umbrella…

TotalEnergies EP Uganda Contributes to Sustainable and Inclusive Economic Empowerment; Equips Project Affected Persons in Buliisa with Income Generating Tools

CEO ReporterNews & AnalysisSeptember 1, 2022September 5, 2022

TotalEnergies EP Uganda has reiterated its commitment to supporting sustainable and inclusive economic growth through income generating activities by the Tilenga project community. The company has provided start-up kits to…

Chief Financial Officer Awards 6th edition set for October

Nelson NambooleCompany NewsNews & AnalysisSeptember 1, 2022September 2, 2022

ACCA Uganda and Deloitte have officially unveiled the 6th edition of the Chief Financial Officer (CFO) Awards. The much-anticipated awards will be held on October 27, 2022 under the theme…

MILESTONE: ICPAU marks 30 years of producing great brains in financial management

Nelson NambooleNews & AnalysisSeptember 1, 2022September 1, 2022

The Institute of Certified Public Accountants of Uganda – ICPAU, a national professional accountancy organisation has commemorated 30 years of existence. This was during the 27 ICPAU Annual Seminar held…

Standard Chartered Bank partners with Cordaid to Launch UGX 970m Youth in Agribusiness Project in Lira

CEO ReporterCompany NewsNews & AnalysisAugust 31, 2022August 31, 2022

Standard Chartered Bank and Cordaid, in partnership with Youth Business International (YBI) have launched a UGX 970,000,000 ‘Youth Agribusiness’ project funded by Standard Chartered Foundation to support young entrepreneurs revive, strengthen,…

Stanbic unveils collateral-free loans amid squeezed economic activity

CEO ReporterCompany NewsNews & AnalysisAugust 31, 2022September 2, 2022

Stanbic Bank customers can now expect to enjoy flexible terms when accessing loans including an increased loan tenure of up to 84 months and zero percent arrangement fees on all…

I&M Bank Impresses at 7th Outgoing of the Corporate League

CEO ReporterCompany NewsNews & AnalysisAugust 31, 2022September 2, 2022

New Corporate League entrants I&M Bank proved that they are not only experts in money matters but also a force to be reckoned with when it comes football. The bank…