Finance
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Why BoU maintained December lending rate at 9.5 percent
Bank of Uganda has maintained the Central Bank Rate (CBR) at 9.5%, Charmar News has learnt. According to the Central…
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Why Stanbic Bank Uganda appointed Ronald Makata as Chief Finance & Value Management Officer
Stanbic Bank Uganda named Ronald Makata as the new Chief Finance and Value Management Officer. Makata replaces Abraham Ongenge who…
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National Financial Inclusion Strategy II to empower marginalized groups
Finance Minister Matia Kasaija has launched the second national financial inclusion strategy (NFIS II) 2023-2028 at Four Points by Sheraton,…
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Lack of access to banking services hampering PDM implementation
Members of Parliament have called for improved access to banking institutions to enable beneficiaries of the Parish Development…
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Post Bank’s Wendi Mobile Wallet wins Innovation Excellence award
By Michael Kanaabi Dollar Having been in use for less than 6 months, the revolutionary Fintech and E-Money innovation Wendi…
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Parliamentary SACCO should transform into a bank – Tayebwa
About 21 years ago, Members of Parliament (MPs) started the Uganda Parliamentary SACCO with a view of saving cash for…
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Parliament SACCO to write off loans of over UGX400 taken by deceased MPs
The Uganda Parliamentary SACCO is set to write off loans worth Shs421,373,441 acquired by 3 deceased MPs, including former Speaker…
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Lands ministry implements court order in dfcu vs Meera Investments
The Commissioner Land Registration, Mugaino Baker, has moved fast to implement a court ruling that ordered DFCU Bank Limited to…
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Companies report higher output due to rising customer demand
During October, Uganda’s private sector reported that improving customer demand fed through to increases in output and new orders, with…
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Standard Chartered, Cordaid invest Sh170m in entrepreneurial program for people with disabilities
Standard Chartered Bank Uganda in partnership with their NGO partners Cordaid Uganda and Youth Business International (YBI) Tuesday launched the…