Banking & Savings

This is the season of results, when Uganda’s commercial banks and other financial institutions are obligated by statute, to publish their financial statements. Marketing managers of our daily newspapers are …

When it comes to expanding a business to a new region, there are many challenges to overcome, but one company is taking on those challenges head-on. Centenary Group, a leader …

Recent news reports that a Member of Parliament had been whisked away to civil prison for delaying to complete payment of a loan from a money lender instantly caught public …

Uganda’s economic reconstruction and recovery efforts over the last three decades have yielded impressive structural shifts. In the 1980s, agriculture was the mainstay of over 50% of the population and …

Treasury Bills and Bonds, also known as Government securities, are debt instruments issued by the Government through the Bank of Uganda when borrowing from the public. There are different types …

On October 18, 2022, Catholic church-owned Centenary Rural Development Group, the holding group of Centenary Bank and the Catholic Archdiocese of Lilongwe acquired 100% shareholding in MyBucks Banking Corporation, Malawi. …

Financial Literacy became a major public policy concern in advanced, developing and low-income economies in the aftermath of the global financial crisis. Limited knowledge of Financial Literacy was identified as …

The National Development Plans (NDPs) identify priority sectors and key public and private implementation partners that should drive the achievement of the country’s strategic goal of attaining middle-income status by …

Uganda’s retirement savings organisation, the National Social Security Fund (NSSF) has declared an interest rate of 9.65% for its members for the year ended June 30, 2022. This year’s interest …