George Mangula
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News
Standard Chartered celebrates International Women’s Day with 50 girls to inspire inclusion
KAMPALA, March 6, 2024 – Standard Chartered Bank Uganda and BRAC have celebrated International Women’s Day with 50 girls whom they have been supporting as part of the Goal Girls Programme. The…
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Cooperatives & Communities
Agribusiness should benefit from the attention of banks and institutional donors, experts say
MARRAKESH, November 14, 2023 – Banks, institutional partners and the private sector should invest heavily in agribusiness in Africa, a sector that suffers from a financing gap just as it becomes the…
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Cooperatives & Communities
WOCCU strengthens leadership
MADISON, Wis – World Council of Credit Unions [WOCCU] and Worldwide Foundation for Credit Unions are pleased to announce the hire of two new employees and the promotion of a third to…
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Finance & Banking
Standard Chartered Bank sets pace with launch of offshore mutual funds
KAMPALA-Standard Chartered Bank Uganda on Monday launched offshore mutual funds product for their clients during a press conference held at Kampala Serena Hotel and presided over by the Bank’s CEO, Sanjay Rughani,…
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Finance & Banking
Standard Chartered launches ‘Dream Big Employee Banking campaign’
KAMPALA– Standard Chartered Bank Uganda has today launched an employee banking campaign dubbed “Dream Big with Standard Chartered Bank.” According to the bank’s officials, the campaign which will run until March 31,…
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Finance & Banking
AfDB commits over Shs 1.1trn to renovate Kampala-Malaba railway line
KAMPALA-The African Development Bank [AfDB] Group is providing US$ 301 million [1.1 trillion] to overhaul the Kampala-Malaba Meter Gauge Railway [MGR] in Uganda. The railway line is part of the East African…
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News
Uhuru CEO shines at continental conference
Cooperatives and social solidarity enterprises in Africa and elsewhere have unique values to add to the global economy and must be allowed space to shine and make their contribution, Uhuru Chief Executive…
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Energy & Mining
Centenary Bank to acquire Malawian lender
KAMPALA-Centenary Rural Development Group, the mother company of Centenary Bank Uganda, has teamed up with the Catholic Archdiocese of Lilongwe so they can acquire a 100 percent shareholding in Malawi’s MyBucks Banking…
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Finance & Banking
BoU CBR spiked to 10 percent as inflation rises again
KAMPALA-The Bank of Uganda [ BoU ] has in the Monetary Policy Statement [MPS] for October 2022, raised the Central Bank Rate [CBR] to 10 percent from 9 percent previously. That followed…
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Finance & Banking
Housing Finance Bank Uganda eases trading as it unveils gov’t securities portal
KAMPALA-Housing Finance Bank Uganda has launched the government securities portal for customers who invest in treasury bonds and bills to help government raise funds for its development activities. In 2020, the Bank…
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