Finance & Banking
-
aBi Finance Limited readies loans for Tier IV MFIs and SACCOs
KAMPALA– Tier IV Microfinance institutions [MFIs] and SACCOs in Northern and Eastern Uganda looking for funding no longer have to worry. This is because aBi Finance Holdings Limited has availed concessional loans…
Read More » -
Minister Kasaija delivers on PDM money in new budget
KAMPALA– The Finance Minister Matia Kasaija yesterday underlined government seriousness in the implementation of the Parish Development Model [PDM], providing Shs 1.059 trillion in the new budget to the programme he said…
Read More » -
NGO trains entrepreneurs on digital economy
GULU– Pollicy, a feminist-led civic organization focused on influencing a data culture, promoting the use of shared data platforms, building analytical capacity, and advocating for digital rights and improved data, has launched the…
Read More » -
Mbarara traders to learn from Madhvani Group of Companies
MBARARA– In a bid to increase their production, Mbarara traders and manufacturers under the umbrella of Mbarara City Traders Association [MBACITA] plan to visit the Madhvani Group of Companies to learn how…
Read More » -
Banks post 26.9 percent profit as sector remains resilient to potential shocks
KAMPALA– Year on year, commercial banks’ aggregate net profits after tax (NPAT) increased by 26.9 percent to Shs 1,073.9 billion in the year ending December 2021 from Shs 846.2bln in the previous…
Read More » -
University students urged to embrace govt programmes
FORT PORTAL: The Fort Portal Resident City Commissioner [RCC], Godwin Kasigwa Angalia has urged university students across the country to embrace government programmes, if they are to develop together with the rest…
Read More » -
What Museveni said in State of the Nation Address 2022
KAMPALA– Yesterday President Yoweri Museveni gave his State of the Nation Address [SONA] 2022 where he explained various issues in the Ugandcan economy; including talking about Emyooga SACCOs, the Parish Development Model…
Read More » -
AfDB launches new initiative to build financial acumen of African cities
KAMPALA– The African Development Bank [AfDB] and United Cities and Local Governments, a global umbrella group for local and metropolitan governments, have announced the launch of a new programme to build the…
Read More » -
Amuru district trains stakeholders on PDM
AMURU– Stakeholders of The Parish Development Model [PDM] in Amuru district have been sensitised on the latest government programme launched to fight household poverty across the country. Under the PDM each parish…
Read More » -
BoU raises CBR to 7.5 percent in June
KAMPALA– The current global inflationary pressures have forced the Bank of Uganda [BoU] to raise the Central Bank Rate [ CBR ] by 1 percentage point to 7.5 percent, from 6.5 percent…
Read More »