The recently launched Mobile Credit Score by gnuGridCRB and Airtel Mobile Commerce Uganda Limited (AMCUL) promises to further unlock access to credit for the vast majority of Ugandans in the…
This week, starting on December 1st 2023, millions of Ugandan borrowers from Supervised Financial Institutions (SFIs) have cause to smile. The SFIs, under their Uganda Bankers Association (UBA), will cease…
Ugandan banks have, under pressure from the central bank, agreed to drop a long-practised, but infamous practice of ‘fining’ customers for settling their outstanding loan obligations early. According to a…
On the evening of Friday, 09th September 2018, unknown persons hacked the mobile money float accounts of a payments aggregator company called Beyonic Ltd and originated payments amounting to UGX2,617,761,200….
Following CEO East Africa Magazine, breaking a story that fresh details have emerged on how the multi-billion digital fraud was carried out. According to a brief prepared by Airtel Uganda,…
As chairman of the Uganda Chamber of Mines and Petroleum, what does the chamber focus on? At the Chamber, there are a few things we have tried to focus on….
Uganda Bankers Association (UBA) has called on Ugandans to disregard a viral video alleging missing funds on customer accounts in Centenary Bank. UBA, in a statement, advises customers to contact…
The Uganda Bankers Association, UBA, is petitioning the Central Bank to block the proposed taxation of cash withdrawals from the bank. The proposal has drawn condemnation across sections of the…
Banking institutions have since April restructured loans with clients worth UGX6.7 Trillion after repayments were affected by the Covid-19 pandemic. Bank of Uganda in April 2020 granted permission to all…
By Joseph O. Okuja There’s a lot of discussion around the merits and implications of the judgement in the HAM vs DTB case. I have had the benefit of reading…
