Finance & Banking
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WSACCO empowers UPDF soldiers in Somalia with financial literacy
KAMPALA, June 19, 2025 —Wazalendo Savings and Credit Cooperative Society [WSACCO] has launched a financial literacy and empowerment campaign targeting Uganda Peoples’ Defence Forces [UPDF] troops deployed in Somalia under the United…
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Gov’t warns money lenders against breaking the law
KAMPALA, June 19, 2025 –– The State Minister for Microfinance, Haruna Kasolo Kyeyune, has issued a strong warning to money lenders operating outside the law, stating that the government will take decisive…
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African Credit Rating Agency to launch by September 2025
ADDIS ABABA –– The African Credit Rating Agency [AfCRA], a privately owned financial rating body, is expected to begin operations by September 2025. The agency will provide credit ratings tailored to the…
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PostBank Uganda rebrands to serve public better
KAMPALA, June 5, 2025 – PostBank Uganda is set to rebrand as a Tier I commercial bank under the new name Pearl Bank Uganda Limited, subject to approval by the Bank of…
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Emyooga SACCO to issue more loans to members
GULU CITY, June 4, 2025 –– The Gulu City Local Leaders’ Emyooga SACCO in Bardege-Layibi Division is set to disburse Shs 70 million in loan to member savings groups this month. Patrick…
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National Budget Month for FY 2025/26 Launched
KAMPALA, June 2, 2025 — Finance Minister Matia Kasaija has launched the national budget month activities for FY 2025/26 at the Uganda Media Centre. During the launch that took place in Kampala, Finance…
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Curtain falls on African Development Bank Group 2025 Annual Meetings, New President Elected
ABIDJAN, May 31, 2025 — The African Development Bank Group’s 2025 Annual Meetings closed on Friday with a plenary session, following five days of meetings and discussions on Africa’s development landscape. The…
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BoU brings financial literacy to Bushenyi, promotes inclusive economic growth
BUSHENYI, May 25, 2025 – – The Deputy Governor of the Bank of Uganda [ BoU ], Prof. Augustus Nuwagaba, has reaffirmed the central bank’s commitment to inclusive economic growth and financial…
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Standard Chartered Hosts Investment Dialogue Highlighting Cross-Border Trade as Catalyst for Uganda’s Tenfold Growth Strategy
KAMPALA, May 23, 2025 –– Standard Chartered Bank Uganda yesterday hosted a high-level Uganda Investment Dialogue in Kampala centred on cross-border trade as a key driver of the country’s ambitious tenfold growth…
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Kenya’s Prime Time SACCO joins billionaires’ club
ITEN, May 23, 2025 – – Prime Time SACCO has recorded a strong performance for the 2024 financial year, crossing the KSh 1 billion asset mark and officially joining Kenya’s “billionaires’ club”.…
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