The National Social Security Fund (NSSF) has announced an increase in the interest rate paid to members’ savings, raising it to 13.5% for the 2024/25 financial year, up from 11.5% in …
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The National Social Security Fund (NSSF) has announced an increase in the interest rate paid to members’ savings, raising it to 13.5% for the 2024/25 financial year, up from 11.5% in …
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Banking & SavingsEconomicsFinanceFintechLatest NewsNews
POSTBANK’S WENDI BRIDGING UGANDA’S FINANCIAL INCLUSION DIVIDE
Guided by the National Development Plan III goal of increasing average household incomes and improving the quality of life of Ugandans, PostBank Uganda has been on a journey to innovate …
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Banking & SavingsEconomicsFinanceLatest NewsNews
African Development Bank Approves Equity Investment in The Currency Exchange Fund to Support Access to Local Currency Financing across Africa
The Board of Directors of the African Development Bank Group has approved an equity investment of USD 25 million in The Currency Exchange Fund (TCX), a global leader in offering …
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Banking & SavingsFinanceFintechLatest NewsNewsTechnology
Digital Finance and Financial Literacy Empowering Ugandan Women to Build Wealth
As Uganda’s digital economy expands, financial literacy is emerging as a powerful tool helping women unlock new opportunities for wealth creation and investment. With mobile banking, digital wallets, and online …
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Banking & SavingsFinanceLatest NewsNews
How Uganda’s Young Innovators Gear Up to Transform Industries at Stanbic’s UGX 30M Schools Championship
Eight student teams from across Uganda are set to compete in the Stanbic National Schools Championship (NSC) 2025 Grand Finale on August 29 at Mestil Hotel, Kampala, with a prize …
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Banking & SavingsFinanceLatest NewsNews
Standard Bank Group Elevates Ugandan Executives in Major Leadership Reshuffle
Standard Bank Group has reaffirmed its confidence in Ugandan leadership on the Pan-African stage, announcing a strategic reshuffle that sees two of the country’s top banking executives take on new …
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Financial institutions have been challenged to promote financial inclusion by targeting the population that was previously not targeted by the commercial banking sector. The call was made by various speakers …
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Banking & SavingsFinanceFintechLatest NewsNews
BoU Urges Ugandans to Report Mobile Money Fraud Through Proper Channels
Bank of Uganda (BoU) Governor, Michael Atingi-Ego has called on mobile money users across the country to take a proactive approach in reporting suspected fraud, emphasizing the need to follow …
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Banking & SavingsEconomicsFinanceLatest NewsNews
Cooperatives Play a Crucial Role in Uganda’s Economic Development
Cooperatives in Uganda have long served as engines for economic growth, poverty alleviation, and social transformation. From agriculture to finance and consumer services, cooperatives play a pivotal role in improving …