Finance
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MTN Uganda’s mobile money transactions hit Ush 158.6 trillion in 2024
MTN Uganda’s mobile money platform has cemented its position as a key pillar of the nation’s digital economy, processing a…
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Stanbic PMI: Improved business conditions resume for Uganda’s private sector
Operating conditions for Ugandan private sector firms improved in February, following a brief decline at the start of the year…
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Mumba Kalifungwa takes charge at Stanbic Bank Uganda
Mumba Kenneth Kalifungwa has officially assumed the role of Chief Executive at Stanbic Bank Uganda, the nation’s largest lender by…
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Bank of Uganda gets new governor
Michael Atingi-Ego has been appointed full governor of Bank of Uganda and will now be deputized by Augustus Nuwagaba. Atingi-Ego…
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Grow loan beneficiaries to access more support from government
It is exactly one year ever since the Generating Growth Opportunities and Productivity for Women Entrepreneurs (GROW) project’s loan facility…
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A decline in Uganda’s business conditions marks beginning of 2025
There was a fall in consumer demand during January dropping the headline Stanbic Purchasing Managers’ Index (PMI) to 49.5 compared…
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Uganda retains 4th place in Absa Africa financial markets index
Uganda has maintained its fourth position in the Absa Africa Financial Markets Index, scoring 63 points, according to a report…
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Uganda’s inflation rate slows to 3.3% in 2024
Uganda’s inflation rate dropped to 3.3% in 2024, a significant decline from 5.4% recorded the previous year, according to the…
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Gov’t unveils budget framework paper for FY 2025/26
Government has unveiled a bold budget plan for the 2025/26 financial year, centered on fully monetizing the economy through initiatives…
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BOU denies involvement in UGX 60 Billion fraud, says payment directives came from external sources
The Bank of Uganda (BoU) has distanced itself from the UGX 60 billion fraud scandal, clarifying that it acted on…
