Amid a surge in digital payments fraud and scams, the Bank of Uganda has issued a directive mandating compulsory ID verification for all ...

The Bank of Uganda has taken decisive action by liquidating and revoking the license of Entrepreneurs Financial Center (EFC) Uganda, leading to its ...

Access Bank, a flagship subsidiary of Access Holdings Plc, has initiated a transaction to acquire a majority equity stake, approximately 80%, in Uganda-based ...

The National Identification and Registration Authority (NIRA) in Uganda has issued a stern warning to both Ugandans and participants in the money lending ...

Fitch Ratings has reaffirmed Uganda’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B+’ with a negative outlook, driven by expectations of a 5.3% ...

The Deputy Governor of the Bank of Uganda, Michael Atingi-Ego, has issued the inaugural Islamic banking license to Salaam Bank Limited. Atingi-Ego presented ...

The Uganda Bankers Association (UBA) has joined hands with global digital payments leader Visa to launch a collaborative program aimed at accelerating contactless ...

Uganda has passed a new law that imposes a 5% income tax on non-resident companies providing digital services. This move follows similar actions ...

The Bank of Uganda (BoU) Tuesday (June 14, 2023) said that the Monetary Policy Committee (MPC) maintained the Central Bank Rate (CBR) at ...

Visa Everywhere Initiative (VEI), a global open innovation competition that sees startups pitch their innovative solutions to solve tomorrow’s payment and commerce challenges ...