Finance & Banking
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BoU’s Atingi-Ego shines as women steal show at the African Banker Awards 2022
KAMPALA-Last night the 16th edition of the African Banker Awards Gala Ceremony took place at the Kempinski Hotel, in Accra, Ghana. The event was held under the High Patronage of the African…
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Depositors rush to withdraw their money as Afriland First Bank closes
KAMPALA– Depositors of Afriland First Bank Uganda Limited are running to its head office to salvage their money as well but also open new accounts with other commercial banks after the former…
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Stanbic Bank to launch finance and capacity building programme for Saccos
KAMPALA-Stanbic Bank Uganda will on Friday 27, 2022 launch the Stanbic Bank Sacco Finance and Capacity Building Programme at Kaunda Grounds in Gulu City. According to Anne Juuko, Chief Executive-Stanbic Bank Uganda,…
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Pay your loans, top govt officials warn Ugandans
KAMPALA– Ugandans who don’t want to pay back their loans are giving a bad image to the country, top government officials have said. The Finance Ministry Permanent Secretary and Secretary to the…
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UIA organises Uganda-DRC Investment Promotion Summit and Market Access Expo
KAMPALA– Uganda’s Ministry of Finance, Planning, and Economic Development, through Uganda Investment Authority [UIA], is organizing the first ever Uganda-Democratic Republic of Congo [DRC]Investment Promotion Summit and Market Access Expo slated for…
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UAE Ministry of Economy partners with ICA-AP to boost the co-op sector
DUBAI – The Ministry of Economy of the United Arab Emirates days ago signed a co-operation agreement with the International Cooperative Alliance – through the latter’s Asia-Pacific Regional Office [ICA-AP], which aims…
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Fall Armyworms invade Pader district as Amuru farmers are advised on cheap loans
PADER– Several farmers in Pader district are counting losses following the invasion by Fall Armyworms that have destroyed several acreages of maize, simsim, millet, and sorghum, resulting in instability on the side…
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Credit unions more likely to improve financial wellbeing of members, survey dicovers
NEW YORK– A recent survey of US voters by the Credit Union National Association [CUNA] found that the sector returns billions of dollars to the members of unions and communities. Credit union…
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Banyankole managers arrested over misuse of union funds
MBARARA – Former Banyankole Kweterana Co-operative Union [BKCU] Chairman, Emmanuel Natukunda and his treasurer Andrew Kaggwa were Friday arrested and dragged to police to record statements over the alleged mismanagement of the…
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Vantage lawyers insist on selling properties of Bitature to recover U$34mln
KAMPALA– The battle to attach and sell some of the properties belonging to business mogul Patrick Bitature continues, Robert Kirunda whose law firm represents South African lenders- Vantage Mezzanine Fund II Partnership,…
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