BoU Finally agrees to Refund Sudhir’s Money Invested in Forex Bureaus
Bank of Uganda has agreed to return money businessman Sudhir Ruparelia had deposited to run forex bureaus. However, BoU has refused to pay for...
Equity Bank Partners With GOAL To Empower Ugandan Youths
Equity Bank (U) Ltd and the DYNAMIC (Driving Youth-led Agribusiness and Microenterprise) program in their continued quest for financial inclusion have launched a partnership...
Uhuru gifts Museveni land in Naivasha to build dry port
The President of Uganda, Yoweri Museveni has confirmed that President Uhuru Kenyatta has given Uganda land in Naivasha for the construction of a dry...
Libyan gov’t seeks return of UTL, other assets in Uganda
The government of Uganda is in talks with Libyans to allow them repossess their assets worth $375 million (about Shs1.4 trillion), mainly in the...
No funds for traders’ compensation – Bahati tells traders
The State Minister for Finance (Planning), Hon David Bahati, has revealed that government does not have money to pay traders who supplied goods and...
DFCU Bank net profit drops by nearly 50% in 2018
It has been a less than gratifying 2018 for dfcu Bank as profit after tax fell by nearly 50 pc from the UGX 106...
Ministries contradict on list of verified traders
Members of Parliament investigating the compensation of Ugandan traders in South Sudan are disappointed to note that the list of traders approved by Parliament...
Traders To Reap Big As Kenya, Uganda Sign Pacts
Ugandan and Kenyan traders will be the biggest beneficiaries after their two countries yesterday signed a raft of agreements meant to ease trade, cement political...
Africa’s digital economy needs cross-border cooperation to succeed
Africa still lags behind the rest of the world in its digital transformation, and in spite of a growing number of innovative solutions, the...
Uganda airlines 99.9% owned by private individuals
The government has been found to have fewer shares in Uganda Airlines that is being revived.
The Uganda Airlines is privately owned by 99.99% by...