Uganda’s Court of Appeal on August 8th overturned a High Court decision directing the National Social Security Fund (NSSF) to reimburse Uganda Telecom (UTL) Ush14bn that was saved from the …
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Banking & SavingsEconomicsFinanceLatest News
The implication of a high Central Bank Rate to the economy
Bank of Uganda (BoU) increased the Central Bank Rate (CBR) by 50 points to 9 per cent from 6.5 per cent in May according to the monetary policy statement for …
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Uganda Airlines CEO to host Abderahmane Berthe, the African Airline Association (AFRAA) Secretary General
Uganda Airlines Chief Executive Officer will host AFRAA Secretary General, Mr. Abderahmane Berthé in Kampala on 22nd August 2022. Berthe will later have a strategic meeting with the Minister of …
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The Agribusiness Development Centre powered by DFCU limited and Rabo foundation has today (August 18th, 2022) launched a Business Accelerator Program (BAP) that will attract Agribusinesses to get out of …
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Coca-Cola Beverages Uganda (CCBU) through its flagship hydration brand Rwenzori Water announced Shs170 million sponsorship of the Rwenzori Marathon scheduled to take place on Saturday September 3, 2022, in Kasese. …
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Uganda’s central bank and financial sector regulator, the Bank of Uganda (BoU) has increased its lending strategy rate by 50 points to nine per cent (9%) for the third consecutive …
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Uganda’s insurance sector has grown tremendously over the years evidenced by the increase in the GWP from Ush406.8 billion in 2013 to Ush1,065 billion in 2020 according to statistics from …
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Uganda and Somalia signed a Memorandum of Understanding(MOU) to enhance Trade, Investment and Tourism between the two countries. The agreement that was signed at the inaugural Uganda-Somalia Investment Summit on …
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According to statistics, mobile money has been a tremendous contributor and one of the biggest drivers of financial inclusion in Uganda. By the second quarter of 2021, Uganda Communications Commission …
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Uganda’s oil and gas sector is among the most well thought out in the world. Under the watchful eye of President Yoweri Museveni, technocrats and other stakeholders (local and …