Against a backdrop of slowing credit appetite and shifting investment strategies, Uganda’s commercial banking sector recorded UGX 35.24 trillion in customer deposits in 2024, up from UGX 33.60 trillion in……
The Ministry of Finance has made key concessions to Parliament’s budget demands, marking a shift in tone after last year’s heated disagreements between lawmakers and the Executive over funding priorities....
In an effort to guide its customers through the technicalities of other investment options, PostBank Uganda shared tips on how individuals can explore PostBank’s different investment options and benefit from...
By Julius Akais Osauro In Uganda, agriculture is not just an economic sector, it is the heartbeat of the nation resting on the shoulders of its smallholder farmers. Yet, these...
A leaked memo from the Office of the Prime Minister reveals that the government of Uganda plans to review and possibly approve borrowing proposals amounting to over USD 1.6 billion……
Government, through Ministry of Finance is seeking about $ 50 million (UGX 183 billion) from Absa Bank as capital investment into the Uganda Electricity Distribution Company Limited (UEDCL) to fully…
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Uganda Registration Services Bureau (URSB) registered a significant increase in borrower securities or collaterals under the Security Interest in Movable Property registry in the year ended June 2024, an indication…
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I&M Bank Uganda has reaffirmed its commitment as the official bank partner for the 12th edition of the Kabaka Birthday Run, slated for Sunday April 6th, 2025. The 2025 Kabaka…
Now that we know we have an idea of the Umeme buyout amount, what could be in it for shareholders? Umeme has since last year been one of the most active…
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British International Investment (BII), UK’s development finance institution and impact investor, has sold its 10.1% stake in I&M Group PLC, East Africa’s banking group, to AfricInvest. The acquisition was made…
Pay television platform – DStv – is losing at least UGX2.7 billion due to illegal reproduction of its exclusive content by third parties through internet live streaming. An investigation by Uganda…
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In fact, it will be the first time the Central Bank has had a chairman in more than 36 months since Emmanuel Tumusiime Mutebile’s death on January 23, 2022. The Bank…
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Airtel Uganda has reported a profit after tax (PAT) of UGX 316.7 billion for the 12 months to December 2024, signalling improved performance compared to in the same period in…
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The bridge between agency banking and Islamic banking could revolutionize the way banking services are delivered and consumed in Uganda.When Islamic banking was introduced in Uganda, it generated a mix…
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