PML Daily
BUSINESS
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Uganda, DRC agree to promote cross-border trade
Uganda has signed a Memorandum of Understanding (MoU) with the Democratic Republic of Congo (DRC) to promote and streamline trade and investment...
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Lower cement prices or we allow cheap imports, govt warns producers
The Ministry of Trade has given local cement manufacturers up to three weeks to lower the prices or government will allow cheap...
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BoU forcefully wrote off Shs 600bn in Crane Bank loans
The Bank of Uganda officials forcefully wrote off Shs 600 billion in loans so as to create negative capital in the wake...
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Kasekende, Kisamba Mugerwa clash on state of economy figures
KAMPALA – Bank of Uganda Deputy Governor Dr Louis Kasekende is in the eye of a storm after he said the...
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dfcu profits soar to Shs127b after Crane Bank takeover
KAMPALA – The dfcu bank has recorded an impressive Shs127.6bn net profit in the year ended 31 December 2017, up from Shs46.2bn...
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Leaked secrets of how Europeans rushed to buy Crane Bank as takeover backfires
Dfcu Bank is once again in the spotlight over the manner in which it acquired Crane Bank in what financial analysts believe...
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Banks team up with law society on dispute resolution
Commercial banks through their umbrella organisation, the Uganda Bankers Association (UBA) are set to collaborate with the Uganda Law Society (ULS) and...
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International estate developers to orient Ugandans on investing in Dubai
World’s leading estate developer, Danube Properties are to hold a real estate sales expo at the Sheraton Kampala Hotel for Ugandans interested...
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MPs start probe of BoU over Crane Bank, National Bank of Commerce sale
The Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has directed the Auditor General John Muwanga to conduct a broader...
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Over 10,000 projects funded under Islamic financing system
In May 2017, the first project to be funded under the Islamic micro financing was launched at Buhoma Community in the south...
