Finance
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482Top boss cries out as liquidity crisis hits DFCU
KAMPALA – DFCU bank is in a liquidity crisis, the bank chairman Elly Karuhanga has confirmed. The bank reportedly has no cash...
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1.5KFormer BoU auditor PwC slapped with Shs2.4 trillion fine over poor work
US -The reputation of PricewaterhouseCoopers (PwC) has suffered a further hit after a US federal judge on Monday ruled that the global...
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526Focus beyond financial inclusion – Economist to govt
KAMPALA – The Executive Director of Financial Sector Deepening Uganda, Jacqueline Musiitwa has urged players in the financial sector to push beyond...
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442Dependency on formal financial sector hits 11m – new report
KAMPALA- The number of Ugandans depending on the informal financial sector has decreased. According to the latest findings, there has been a...
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659Centenary bank introduces visa cards to enhance customer convenience
KAMPALA: Centenary Bank, Uganda’s leading commercial microfinance Bank, has unveiled the new CenteVisa debit card. This comes after the roll out of...
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672Mutebile old-fashioned about crypto currencies – Museveni
KAMPALA: President Museveni has asked Bank of Uganda Governor, Mr Emmanuel Tumusiime, to drop his “dogmatic and old-fashioned” views on crypto currencies...
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91215,000 refugees at Bidi Bidi camp paid millions as UNCDF switches to mobile money
KAMPALA: Uganda is emerging as a strong performer in digital financial services (DFS). While releasing the findings from its pilot study to...
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664Centenary Bank suffers dip in profits as bad loans hit hard
Centenary Bank, the leading indigenous financial institution in Uganda, this week announced that it has suffered over Shs80 billion in losses as...
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412Uganda earns Shs5 trillion from Middle East labour exports in one year
Uganda earned $1.3b (about Shs5 trillion) in remittances from exportation of labour to the Middle East in 2017, a World Bank report...
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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...
