UMRA
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News
Parliament stays rationalisation of key entities pending audit
KAMPALA, April 24, 2024 – The rationalisation of the Non-Performing Assets Recovery Trust [NPART] and Departed Asians Property Custodian Board [DAPCB] will only be concluded after an audit of the entities is…
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Cooperatives & Communities
UMRA protests merger, asked to present comprehensive report on achievements
KAMPALA, February 28, 2024 – The Uganda Microfinance Regulatory Authority [ UMRA ] is against the move by government to push it back to the mother Ministry of Finance, saying that its…
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Cooperatives & Communities
Minister Kyeyune to UMRA: Don’t issue licences to online money lenders
Kampala, January 30, 2024 – The State Minister for Microfinance, Haruna Kasolo Kyeyune has advised the Uganda Microfinance Regulatory Authority [ UMRA not to license online money lending platforms, saying it is…
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Cooperatives & Communities
Less than half of Emyooga SACCOs in Fort Portal City apply for permanent registration
FORT PORTAL – Out of the 36 Emyooga SACCOs registered in Fort Portal City, only 17 of them have applied for permanent registration, according to the city principal commercial officer, Michael Karwani.…
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Cooperatives & Communities
UMRA cautions money lenders after murder of Asian businessman
KAMPALA – Tier 4 Microfinance institutions and money lenders in Uganda have been advised to be cautious when dealing with borrowers after a police officer shot dead an Asian businessman in Kampala…
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Cooperatives & Communities
UMRA, URSB summon money lenders for crucial meeting in Kampala
KAMPALA – The Uganda Microfinance Regulatory Authority [ UMRA ] in partnership with Uganda Registration Services Bureau [URSB] has organised a workshop aimed at sensitising selected money lending companies in the country…
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