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...
Rt. Hon Rebecca Kadaga the Speaker of Parliament and Chairperson of the Appointments Committee of Parliament has written to President Yoweri Kaguta Museveni, clearing seasoned economist and Bank of Uganda…
Bank of Uganda has today issued guidelines to all supervised financial institutions, to operationalize the credit relief and loan restructuring measures announced in the Monetary Policy Statement of April 6,…
Individuals and organisations have to date donated 31 motor vehicles and UGX4.6 billion to Government of Uganda’s efforts to fight Covid-19. This is in response to President Museveni’s call to…
Housing Finance Bank, one of Uganda’s top ten lenders and the biggest mortgage lender with over 50% market share, has started rolling out a credit restructuring exercise to its customers,…
Kampala, Uganda, April 13, 2020: As Uganda and the rest of the world confront the public health, financial and economic implications of the COVID-19 pandemic, Absa Bank Uganda is rolling…
Business, marketing and communications consultant, Goretti Masadde, has been appointed the new Chief Executive Officer of the Uganda Institute of Banking and Financial Services (UIBFS). Goretti, who assumed office effective…
Justice Jeremiah Herbert Ntabgoba (81), Uganda’s former Principal Judge, is dead. According to family sources, he passed on in the wee hours of this morning, April 12th, 2020 at International…
KAMPALA – According to the Ministry of Health, today, Saturday, April 11, 2020, three people who have been completely healed of the Covid-19 disease in Uganda and will be discharged…
WASHINGTON, April 9, 2020—Growth in Sub-Saharan Africa has been significantly impacted by the ongoing coronavirus outbreak and is forecast to fall sharply from 2.4% in 2019 to -2.1 to -5.1%…
Following a short-lived rebound early in the week, the local currency fell to a weekly low, testing the resistance level of UGX3,800, undercut by a pickup in demand from market…
