Ugandan Shilling Leads East African Currencies in May 2024
Summary: KAMPALA, (Examiner) – In May 2024, the Ugandan shilling emerged as the top performer among the major currencies of the East African Community (EAC), according to a report released…
Finance
PostBank Uganda Chief Advocates for ESG Adoption as Strategic Imperative at Annual Bankers Conference
Museveni Knew of MP Extortion for Over a Year, Sources
Bank of Uganda Closes Mercantile Credit Bank Limited
Gov’t Plans Shs9 Trillion Domestic Borrowing to Support Local Banks
Financial Illiteracy Threatens Survival of Local SMEs, Experts Warn
Leaders in Bukedi Urge Museveni to Intensify Anti-Corruption Efforts
Summary: BUKEDE, (Examiner) – Leaders from Bukedi sub-region have urged President Yoweri Museveni to bolster efforts in combating corruption, particularly within the…
Access Bank Finalizes Acquisition of Tanzanian Lender, Expanding in East Africa
Summary: Nigeriaβs Access Bank Plc has completed its acquisition of the African Banking Corporation Tanzania (BancABCT), marking a…
Uganda to Limit Commercial Borrowing to Manage Debt
Summary: KAMPALA, (Examiner) – Uganda’s Finance Minister Matia Kasaija announced on Thursday that the country plans to curb…
Centenary Bank Embarks on Major Technological Transformation with Oracle FS Solutions
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Bank of Uganda Hikes Rate by 2.25 Points as Inflation Is Set to Rise
Bank of Uganda has raised its Central Bank Rate from 9.75% to 12% and now expects…
NSSF Declares Record 22.53% Interest Rate, Credits Shs5.44 Trillion to Savers
NSSF has declared a record 22.53% interest rate for 2025/26, crediting Shs5.44 trillion to savers' accounts.…
Oboth Gives SACCOs More Time to Meet BOU Licensing Rules
Speaker Jacob Marksons Oboth has brokered a truce between Bank of Uganda and SACCOs over a…
Africa’s Wealthiest Youngsters: A Look at the Top 20 Richest Kids
Africa is home to some of the worldβs most talented and wealthiest young individuals. Some were…
Uganda Secures sh1.1 Trillion AFREXIM Bank Loan to Boost Infrastructure and Development
The Government of Uganda has secured a β¬270 million loan, equivalent to about sh1.1 trillion, from…
Standard Bank Issues Urgent Warning to South Africans Over Rising Bank Scams
Standard Bank has issued a strong caution to South Africans amid a growing wave of cybercrime,…
I’m an Insurance Pro: How Not to Get Dumped by Your Insurance Agent
Insurance professionals can choose to end relationships with clients under certain circumstances, even if it means…
G7 Finance Talks Open in Canada Amid Ukraine Crisis and Trade Tensions
Top financial officials from the Group of Seven (G7) nations have begun a pivotal round of…
Finance Trust Bank Soars with 178% Profit Growth in 2024, Eyes Expansion with Access Bank Partnership
Finance Trust Bank (FTB) announced a historic 178% jump in after-tax profits for 2024, soaring to…
President Museveni to Address Nation Today Evening
President Yoweri Kaguta Museveni will address the nation this Saturday evening, focusing on various pressing issues.…
Museveni Advocates for Streamlined Regulation of Financial Sector
President Yoweri Kaguta Museveni has endorsed the push for a centralized regulatory body for Uganda’s financial…
Uganda’s Dairy Sector Receives $35 Million Boost for Expansion
Uganda’s dairy industry, a cornerstone of the economy employing 72% of the population, is set for…