Finance & Banking
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IBANDA: SACCO posts record growth as members warned against dormant accounts, loan defaults
IBANDA, March 18, 2026 — ISSIA SACCO has recorded what Board Chairman Chris Boonah described as a period of “tremendous growth”, even as the leadership warned members over rising dormant accounts and…
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MUK Staff SACCO pools Shs 3.25bln in one year
KAMPALA, March 17, 2026 — Staff at Makerere University Kampala have pooled at least Shs 3.25 billion through their Savings and Credit Cooperative Organisation [ SACCO ] in just 14 months, underscoring…
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MTN Group reports strong 2025 results, unveils Ambition 2030 strategy
KAMPALA, March 16, 2026 — MTN Group has reported strong operational and financial results for 2025, marking the successful conclusion of its Ambition 2025 strategy while unveiling a new long-term roadmap aimed…
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Uganda’s public debt hits Shs 131 trillion in December 2025
KAMPALA, March 16, 2026 — Uganda’s public debt has risen to approximately Shs 131 trillion, up from Shs 128.6 trillion recorded in September 2025, according to the latest report from the Ministry…
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Mbale City: Pearl Bank donates water tanks and food items to IUIU
MBALE CITY, March 16, 2026 — On Friday, Pearl Bank Uganda conducted a community outreach at Islamic University in Uganda [IUIU] Mbale Main Campus, donating two 10,000-litre water tanks and assorted food…
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Leaders warned over loan defaults at 27th AGM of Shuuku SACCO
SHEEMA, March 16, 2026 — Cooperative experts and delegates have issued a stern warning to the leaders of Savings and Credit Cooperative Organisations [SACCOs] to desist from loan defaults, a practice they…
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Standard Chartered donates food items to Muslim schools during Ramadan outreach
KAMPALA, March 13, 2026 — In the spirit of compassion, generosity and community that defines the holy month of Ramadan, Standard Chartered Uganda has partnered with Salaam Charity to donate assorted food…
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Lubaga SACCO leverages Christian faithful to grow membership
KAMPALA, March 12, 2026 – Christians who pray at Lubaga Cathedral are increasingly finding more than spiritual nourishment. Many are also gaining practical knowledge about saving, investing and managing their finances, an…
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Africa’s hotel development pipeline hits record high as East Africa leads in construction momentum
KAMPALA, March 11, 2026 — The 2026 Hotel Chain Development Pipelines in Africa report by W Hospitality Group reveals a record 123,846 rooms across 675 hotels and resorts. This represents year-on-year growth of…
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Corporate Governance Guidelines for Non-Bank Payment Service Providers: Implications for Uganda and Comparative Insights
KAMPALA, March 11, 2026 — As Uganda’s digital economy pivots from infancy to systemic maturity, the Bank of Uganda [BOU] has recently released to its licensees, draft Corporate Governance Guidelines for Non-Bank…
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