Uganda
Uganda: Equity Bank Announces Account Opening Using Ussd Code
In a bid to reach the underserved and unbanked population, Equity Bank Uganda has today (Feb.02) launched account opening services on the phone ...
Uganda
Uganda: Bank of Uganda Clarifies on Bank Note Signature
Bank of Uganda reassured the public that all bank notes it has issued are still legal tender. The bank rushed to make the ...
Uganda
Uganda: New cheque limits to boost e-payment
All around the world, the use of cheques is rapidly becoming outdated. The Central Bank of Uganda has sought to eliminate the dependence ...
Uganda
Uganda: MTN Uganda Launches Momoadvance
MTN Mobile Money in partnership with NCBA Bank, has launched a new MTN MoMo overdraft service dubbed MoMoAdvance that will enable MTN MoMo ...
Regulatory
Uganda: BoU upgrades Postbank to Tier One category for Banks
Postbank bank Uganda, as mandated by the law, shall no longer be categorized as a credit institution but as a deposit taking financial ...
Innovation
Uganda: KCB Introduces ATM Recycler Machines in Banking Halls
KCB Uganda has rolled out ATM recyclers at select banking halls across the country, as a way of enhancing customer experience and improving the ...
Startup
Uganda’s asset finance company Tugende closes $17M debt investment round
Leading Uganda fintech lender Tugende specialized in asset finance in Kenya and Uganda has closed a new $17 million debt capital round at the end ...
Innovation
Uganda: Absa Bank Unveils Cardless Withdraw Function On Its ATMs
Absa Bank Uganda has introduced the country’s first innovative cardless withdraw function on its Automated Teller Machines (ATMs). The innovation allows customers to ...
Regulatory
Uganda: BoU to Issue Guidelines On Green Financing
Uganda’s central bank will soon rollout guidelines for green financing to support small and medium and enterprises as the country strives to achieve ...
Regulatory
Uganda tops Africa in Electricity Regulation – AfDB
For the fourth consecutive year, Uganda’s electricity sector is Africa’s best regulated across a number of key metrics, according to the African Development ...