Finance & Banking
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Stanbic Bank, FinCom launch first fully digital lending solution for schools
KAMPALA, November 25, 2025 — Stanbic Bank Uganda has partnered with FinCom Technologies, creators of the SchoolPay platform, to unveil the country’s first fully digital lending system designed specifically for schools. The…
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Brazil’s innovative ‘Pix’ payment system irritates Trump and Zuckerberg
RIO de JANEIRO, November 24, 2025 — Brazil’s innovative payment system Pix launched in 2020 and used by 93 percent of Brazilian adults has been angering United States President Donald Trump and…
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Commercial lending rates in Uganda ease in September 2025, report shows
KAMPALA, November 23, 2025 — Commercial lending rates in Uganda eased slightly in September 2025, according to the Performance of the Economy Monthly Report for October 2025. The weighted average lending rate…
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Kenya: SACCOs urged to raise performance
NAIROBI, November 22, 2025 — Savings and Credit Cooperative Organisations [SACCOs] in Kenya have been urged to intensify efforts to strengthen capital retention by expanding credit access to their members. Loan provision…
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BoU’s Atingi-Ego calls for stronger COMESA cooperation amid global shocks
KAMPALA, November 20, 2025 — The Bank of Uganda [BoU] Governor and Chairperson of the COMESA Committee of Governors of Central Banks, Michael Atingi-Ego, has called for stronger regional coordination, credible policy…
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AfDB rallies stock exchanges to reinvent Africa’s financial future
KAMPALA, November 20, 2025 — The African Development Bank Group [AfDB] on Tuesday commenced a round of high-level meetings with African development finance institutions and private sector financial partners to forge a…
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FY 2025/2026: Gov’t releases Shs 529bn for PDM SACCOs
KAMPALA, November 18, 2025 — Government has this morning announced the release of the first tranche of Shs 529 billion for the capitalisation of Parish Development Model Savings and Credit Cooperative Organisations…
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Form SACCO to boost your financial status, politicians urged
LIRA CITY, November 17, 2025 — The Members of the Association of Urban Speakers Council of Northern Uganda have been urged to form a Savings and Credit Cooperative Organisation [ SACCO ]…
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BoU boss calls for bold national shift towards data-driven growth
KAMPALA, November 15, 2025 — Bank of Uganda [BoU] Governor Michael Atingi-Ego has urged Uganda to take decisive steps to position itself at the centre of the global data and Artificial Intelligence…
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EAC begins building regional instant payment network with Rwanda-Tanzania pilot
KAMPALA, November 13, 2025 — In an innovative move set to revolutionise how people send and spend money across East Africa, Rwanda and Tanzania have commenced bi-lateral discussions on technical modalities to…
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