Finance Trust Bank has announced its 2025 performance, reporting its strongest financial performance to date in 2025, posting a 32.6% growth in customer deposits and a 74.4% jump in net...
When Mercy K. Kainobwisho assumed office as Registrar General in December 2020, the Uganda Registration Services Bureau (URSB) stood at a critical institutional crossroads. The country was emerging from the...
A government proposal to tighten vehicle importation rules has collapsed after facing strong resistance in Parliament, bringing to an end months of debate over affordability, environmental protection, and economic policy....
The proposed Protection of Sovereignty Bill, 2026, is emerging as one of the most contested legislative efforts in recent years; praised by backers, especially government officials, as a necessary safeguard...
The Bank of Uganda has officially launched a three year pilot Domestic Gold Purchase Programme, in a move aimed at strengthening and diversifying Uganda’s foreign exchange reserves through the purchase...
Bank of Uganda has said that although it does not expect Unimoni Uganda’s operations to be interrupted by the collapse-in-progress of Finablr, Unimoni’s parent company, it is closely monitoring the…
The pre-Covid19 lockdown news that Hassan Basajjabalaba, the former chairman of ruling party NRM Entrepreneurs’ League and frontman for a string of briefcase companies, has been ordered by court to…
As Uganda’s 14-day lockdown enters into day 2 and businesses generally suffer from Covid-19 related travel restrictions, Xente Tech, an African e-commerce, and financial services fintech has offered to migrate…
Car hailing service, Uber has suspended its services in Uganda following the announcement of a 14-day lockdown in Uganda that went into effect, yesterday, March 31st 2020. The statement released…
Dfcu Bank today announced their 2019 results, posting a 21% growth in profitability from UGX60.9 billion to UGX73.4 billion. The results, Matthias Katamba’s first full year results since he joined…
The National Social Security Fund has today 31st March 2020, announced measures to allow businesses/employers facing economic distress to reschedule their NSSF contributions for the next three months without accumulating…
In November 1964, soon after the completion of political independence in East African, three companies, Eagle Star Insurance, the Welfare Insurance, and the New Zealand Insurance Company merged their regional…
Prudential has today, March 30, 2020, announced a cash pay-out to its customers, should they, unfortunately, be diagnosed with Covid-19. This pay-out is intended to help their family manage expenses…
Very reliable sources from Statehouse say, President Museveni, this morning fired Doris Akol as Commissioner General of Uganda Revenue Authority for her failure to fight corruption at the institution. “Mzee…
President Yoweri Kaguta Museveni has today made two significant appointments in the economy. He has appointed Dr. Michael Atingi-Ego as Bank of Uganda’s Deputy Governor, replacing Dr. Louis Kasekende whose…
