Centenary Bank, Uganda’s leading microfinance bank, joined thousands of Kampala residents to celebrate the Kampala City Festival 2025 on 12th October 2025, under the theme “Celebrating Enterprise and Innovation in…
Uganda’s agent banking industry has entered a new phase with latest data from Bank of Uganda painting a picture of a sector in full bloom. As of June 2025, the…
Uganda’s banking sector has cemented its recovery and resilience, posting a record UGX 1.9 trillion net profit for the year ended June 2025. This was a nearly an increase of…
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…
