Following a reputational and financially bruising fraud scandal — in which the brewer estimates to have lost about UGX 9 billion — and the subsequent exit of its Heads of...
Kampala Associated Advocates (KAA) has been tapped to represent Stanbic Bank Uganda and its parent, Stanbic Uganda Holdings Limited, in one of the largest transfer-pricing disputes to reach the Tax...
Centenary Bank and Bees and Trees Uganda launched the Coffee Agroforestry for Environment and Livelihood Enhancement initiative, aimed at restoring degraded land, promoting environmental conservation, improving livelihoods, and strengthening financial...
Uganda’s business registry has undergone a major reset, with the Uganda Registration Services Bureau (URSB) deregistering 50,003 companies that failed to comply with statutory filing requirements, revealing deep patterns of...
Beyond the policy challenges, the interview explores a sector in the midst of a structural evolution, driven by shifting tenant behaviours and the rise of decentralised, convenience-led suburban retail. Addressing...
As different Ugandans join efforts in the fight against the COVID 19 pandemic, MTN customers have contributed Shs21.9 million in response to a call by Uganda Red Cross Society. The…
As many African countries imposed restrictions on social distancing in March, a study shows majority of consumers turned to contactless card payments for necessary purchases. According to Consumer polling by…
Absa Bank Uganda has donated four (4) mobile isolation units valued at UGX 100 million to the Ministry of Health to aid in the emergency response to the COVID-19 pandemic….
The extended lockdown across the world may spell disaster for many of Micro-Finance Institutions’ clients with many of them having nothing to return to after the lockdown. This subsequently threatens their ability to pay back loans to their lenders, setting off a chain of failure down the entire chain. Nathan Were, an Access to Finance Specialist at the World Bank Group delves into possible interventions by various stakeholders in the micro-finance chain, to ensure vital credit keeps flowing to the world’s low-income people who need it most
Pan-African telecoms group Liquid Telecom is making sure that East Africa Community (EAC) member states operate as close to normal despite the coronavirus pandemic. By offering superior connectivity and digital…
22% surge in customer deposits propels growth in customer lending and investments; creating a UGX3.4 trillion asset base, allowing Absa to overtake Standard Chartered Bank and dfcu Bank to become Uganda’s third largest commercial bank, after Stanbic and Centenary Bank.
The deadly Covid-19 disease caused by the novel Coronavirus, may have no clear-cut treatment- but as it appears, prevention seems to be the most sustainable way of managing the disease…
Ecobank Uganda, this week released their 2019 results, reporting a 60 per cent increment in the bank’s assets from UGX420 billion in 2018 to UGX671.3 billion at the end of…
Bank of Africa Uganda has released their 2019 results, reporting a 33per cent increment in net profit on the bank of double-digit growth in lending. “Client lending activity remained strong…
Airtel Uganda today confirmed that it has contributed UGX1.25 billion (approximately USD328,400) to Uganda’s Ministry of Health, primarily to support health workers on the frontline in the battle against COVID-19….
