Gov’t allocates Shs627B to capitalise 7 banks
Government has allocated 627 Billion Shillings to capitalize seven banks.
The banks include Uganda Development Bank (UDB) with 103 billion, Housing Finance Bank 30 billion,...
Uganda relaxes terms for women groups to access $155m credit
The government wants to ease the conditions in which recognised women groups across Uganda can access credit dispensed under a subsidized $155 million programme...
MPs grill URA officials over stolen fuel
The Committee on Commissions, State Authorities and Statutory Enterprises (COSASE) chaired by Kawempe South MP Mubarak Munyagwa on Tuesday, April 9, tasked the officials...
MTN Uganda increases Mobile Money transaction charges
MTN Uganda has changed the fees for its mobile money services, increasing most of the charges by a percentage between 5-10.
The changes affected transactions...
Uganda Airlines pays for its A330 neo
Uganda Airlines, the national carrier of Uganda, has firmed up its order for two A330-800 airliners, the latest version of the most popular A330...
AfDB President Akinwumi Adesina leads delegation to IMF-World Bank Spring meetings
African Development Bank President Akinwumi Adesina is expected in Washington DC, on Monday, to take part in the IMF/ World Bank Spring meetings from...
Anti-corruption team investigating Post Bank officials
The anti-corruption team is investigating officials from Post Bank Uganda over abuse of office.
The unit, led by Lt. Col Edith Nakalema, says the move...
Kenya Follows Uganda In Banning Sports Betting
The Kenyan government is out against betting companies operating in the country, citing the adverse effects on the youth as well as reckless spending...
Annual oil convention due next week amid rising expectations
Uganda Chamber of Mines and Petroleum (UCMP) will be holding their annual oil and gas convention beginning Tuesday April 9 in Kampala.
The three-day event...
Uganda could lose up to US$ 250 million in investment
Uganda could lose up to US$ 250 million (over Shillings 930.5Billion ) investment by Hima Cement Ltd to Kenya, the Chief Executive Officer, Nicolas...