Finance & Banking
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Credit unions in US continue campaign to maintain tax exemption
NEW YORK, May 3, 2025 – – US credit union leaders have been engaging with Federal Government and Congress officials as part of their efforts to maintain the industry’s tax exemption. In January, America’s Credit…
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AfDB appoints Ugandan as Director General for Eastern Africa
KAMPALA, May 3, 2025 — The African Development Bank Group [AfDB] has appointed Dr. Alex Mubiru as Director General for the East Africa Regional Development, Integration and Business Delivery Office and Country Manager…
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Pride Microfinance to trade as bank after securing licence from BoU
KAMPALA, April 30, 2025 – Pride Microfinance has officially transitioned into a Tier II credit institution and will now operate as Pride Bank Limited, marking a significant milestone in its evolution. The…
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UDB, MD Patricia Ojangole nominated for African Banker Awards 2025
KAMPALA, April 30, 2025 –– African Banker magazine has announced the shortlist of nominees for this year’s edition of its annual African Banker Awards with Uganda Development Bank [UDB] and its Managing, Director…
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Uganda Assumes Role of Co-Chair of the Coalition of Finance Ministers For Climate Action
KAMPALA, April 28, 2025 — Uganda has assumed the co-chairmanship role of the Coalition of Finance Ministers for Climate Action at the 2025 Spring meetings of the World Bank Group and International Monetary…
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The big interview: Meet Stephen Mugumya Bongonzya – a seasoned banker and senior cooperator
MBARARA CITY, April 28, 2025 — theCooperator News recently sat down with Stephen Mugumya Bongonzya, Vice Chairman of the Uganda Cooperative Savings and Credit Union Limited [UCSCU]—the apex body for SACCOs in…
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From Aid to Investment: Africa Investment Forum Builds US$ 225B Momentum in Making Continent Bankable
WASHINGTON D.C., April 24, 2025 — Buoyed by last year’s successful Africa Investment Forum’s Market Days that generated US$ 29.2 billion of investment interest, its nine founding partners are bracing for an…
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Critical moment for women in finance
LONDON, April 18, 2025 –– 2025 is a critical moment for women in finance, OMFIF’s Gender Balance Index highlights, as modest gains in representation are threatened by growing backlash against inclusion initiatives.…
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MTN Uganda’s SASE transforms Post Bank’s digital operations
KAMPALA, April 15, 2025 –– The adoption of MTN Uganda’s SASE Business solution has significantly enhanced Post Bank’s operational efficiency, network reliability and security, as well as customer experience. By leveraging this…
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Absa Bank Uganda earns Shs 546bln revenue in 2024
KAMPALA, April 15, 2025 –– Absa Bank Uganda has posted a robust set of financial results for the year ended December 31, 2024, with profit after tax rising by 22 percent to…
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