The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75%, citing a balanced, but uncertain inflation outlook and global economic risks. Governor Michael Atingi-Ego announced the …
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Banking & SavingsLatest NewsNewsWomen
Empowering Ugandan women through Equity Bank’s Abakyala Ku Ntikko initiative
In Uganda, where nearly 40 percent of small and medium-sized enterprises are owned by women, financial independence remains a challenge. Women face unique obstacles juggling family responsibilities with business management, …
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Banking & SavingsLatest NewsNews
Court Orders Standard Chartered to pay sh50m in damages for failure to disburse a mortgage facility.
The Court ordered Standard Chartered to pay UGX Â 50,000,000 in damages for failure to disburse a mortgage facility despite the Plaintiffs having met all the requirements. The Court found that …
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Uganda’s banking sector has entered a new phase with the appointment of Michael Atingi-Ego as Governor of the Bank of Uganda (BoU) and Professor Augustus Nuwagaba as Deputy Governor. President …
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Banking & SavingsLatest NewsNewsOpinions
Agent Banking the game changer of Islamic Banking in UgandaÂ
The bridge between agency banking and Islamic banking could revolutionize the way banking services are delivered and consumed in Uganda. When Islamic banking was introduced in Uganda, it generated a …
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Banking & SavingsLatest NewsNewsPeople
Collin Babirukamu Joins the Bank of Uganda as Chief Information Officer
Collin Babirukamu has been appointed the Bank of Uganda‘s chief information officer (CIO). His digital transformation, cybersecurity, and financial technology leadership will shape Uganda’s financial sector. With a career spanning …
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Our money lenders are up in arms. They are not pleased that the government should see fit to impose an arbitrary monthly 2.8% maximum interest rate, making their business practically …
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Banking & SavingsFinanceLatest NewsNews
How a DFCU GROW Loan transformed a Hoima farmer’s business and livelihood.
Ruth Ajuna is living proof of how determination and access to the right financial support can transform lives. A farmer and entrepreneur from Hoima District, Ruth has cultivated a thriving …
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Banking & SavingsEconomicsFinanceLatest NewsNews
Stanbic PMI: Ugandan business conditions, Bank performance
Key Findings The latest Stanbic Purchasing Managers’ Index (PMI) data reveals a sustained expansion in Uganda’s private sector for the seventh consecutive month, as business activity and new orders continue …
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Banking & SavingsLatest NewsNewsOpinionsWomen In Leadership
dfcu’s Women in Business Program is transforming the face of women entrepreneurship an interview with Dr. Gudula Naiga Basaza.
Empowering women is like watering the roots of a tree; it nourishes the entire community. This was one of the considerations of dfcu Bank when it started the dfcu Women in Business …