Payments through cheques in Uganda’s financial eco-system continues to decline as Bank of Uganda (BoU) intensifies efforts to promote digital and electronic payments. Latest data from the central bank shows…
Despite the steady rise of mobile money, fintechs, and online banking, cash continues to dominate Uganda’s payment landscape. Bank of Uganda (BoU), in its latest currency and payment systems report,…
As the rest of Uganda chokes on expensive credit, with commercial bank lending rates hovering between 18 and 20 percent, staff at the Bank of Uganda (BoU) are enjoying the…
Absa Bank Uganda has reintroduced its custody services in a move that underscores the bank’s commitment to deepening Uganda’s capital markets. The development provides institutional investors with secure, efficient, and…
Centenary Bank, in partnership with the African Guarantee Fund (AGF), have today hosted the inaugural Enterprise Finance Summit at the Mestil Hotel in Kampala, under the theme “Empowering Enterprise Growth…
The Tax Appeals Tribunal (TAT) has posted its most successful year since its inception in 1999, resolving a record number of tax disputes, slashing case backlog, and releasing unprecedented sums…
The Uganda Revenue Authority (URA) has expanded the scope of its Electronic Fiscal Receipting and Invoicing System (EFRIS) to cover twelve additional sectors, marking one of the most significant tax…
When Sylvia Mulinge stepped up to launch MTN Uganda’s latest sustainability report, her message was simple: profit alone is not enough. “A strong company must invest in the wellbeing of…
Uganda’s central bank is set to commence buying gold almost a year after announcing its domestic gold purchase programme, marking a significant shift in the country’s approach to reserve management…
In partnership with PostBank Uganda, the Women in Business Awards (WiBAS) has skilled over 719 Women in the second edition of the WiBAS Handholding Workshop, aimed at equipping women entrepreneurs…
