With key growth in other investments, Equity Bank registered an 11.1% growth in assets- from UGX3.374 trillion to UGX3.748 trillion- a growth of UGX374.1 billion. This allowed the bank to...
Housing Finance Bank in 2023 became the fastest-growing bank by customer deposits, beating off all its rivals in the top 10 banks segment, including all 6 Domestic Systemically Important Banks...
The United Kingdom’s Deputy Foreign Secretary, Andrew Mitchell, has today announced sanctions on high profile Ugandan politicians including Parliament Speaker Anita Among and two former Karamoja ministers- Mary Goretti Kitutu...
Diamond Trust Bank Uganda has today released its annual performance results for 2023 reporting a steady double-digit growth across all major metrics such as deposits, customer lending and income, as...
On 16th October 2023, Uganda’s President, Yoweri Kaguta Museveni, had two meetings with two prospective investors in Uganda. One of the investors was Prometheus, a Polish company that builds unmanned...
Dr. Sudhir Ruparelia, the Chairman and founder of the Ruparelia Group that runs and owns 88.2 Sanyu FM has spoken out in detail, explaining the staff exits at Uganda’s No.1…
The newly elected Governing Council of the Human Resources Managers Association of Uganda (HRMAU) will promote higher engagement and value addition to the community of practice in Uganda and beyond…
The downturn in the Ugandan private sector as a result of coronavirus disease (COVID-19) continued in May, with further reductions in output, new orders and employment registered. One the other…
When the National Water and Sewerage Corporation’s new 160 million litres per day Katosi Water Works project is complete in February 2021, Kampala will have an excess supply of 100…
Reduced intra and foreign trade as well as travel restrictions imposed by government to contain the spread of the Covid-19 causing coronavirus has badly hit telecom companies in Uganda. According…
Burundi’s President Pierre Nkurunziza, has died, the Burundi government has confirmed. He has succumbed to a heart attack. He was aged 55. He dies a few days after, the 20th…
In a bid to limit over exposure to the real estate sector amidst what the central bank calls a potential “double-digit decline in real estate valuations” Bank of Uganda, last…
Bank of Uganda has today, for the second time in three months, further eased down the Central Bank Rate for June 2020 to 7 per cent, setting another record low…
On or around 5th June 2020 the Minister of Finance Planning and Economic Development tabled in Parliament 4 bills for approval into Acts of Parliament. The above bills are to…
British Pharmaceutical Company AstraZeneca has said they are gunning to start manufacturing and distributing as many as 2 billion doses of a coronavirus vaccine, including 400 million for the U.S….