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Uganda’s Bankers Association and Visa Join Forces to Accelerate Contactless Digital Payments
The Uganda Bankers Association (UBA) has joined hands with global digital payments leader Visa to launch a collaborative program aimed at accelerating contactless ...
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Uganda: African Countries Adopt Digital Service Taxes for Foreign Companies, as Uganda Joins the Trend
Uganda has passed a new law that imposes a 5% income tax on non-resident companies providing digital services. This move follows similar actions ...
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Uganda Keeps Benchmark Rate at 10%
The Bank of Uganda (BoU) Tuesday (June 14, 2023) said that the Monetary Policy Committee (MPC) maintained the Central Bank Rate (CBR) at ...
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Uganda: Visa Everywhere Initiative opens applications in Uganda for start-ups
Visa Everywhere Initiative (VEI), a global open innovation competition that sees startups pitch their innovative solutions to solve tomorrow’s payment and commerce challenges ...
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Uganda: MTN Uganda Launches ‘API as a Service’ to Accelerate Digital Transformation for Enterprises
MTN Uganda has announced the launch of its new MTN ‘API as a Service’, a solution that provides third parties access to its ...
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Uganda: Bank of Uganda Will Attract FDI in Excess of U.S.$15 Billion in the Medium Term
In an exclusive interview with the African Business, the Deputy Governor of the Bank of Uganda, Michael Atingi-Ego, talks about how the bank ...
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Uganda: Postbank Uganda Records 19 Percent Net Profits Growth
PostBank on Tuesday announced its financial results with a 19% increase in net profit for the year 2022. The state-owned bank reported a ...
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Uganda: Bank of Uganda On Board With the Beera Steady Campaign
While the stability of the global financial system is threatened following the the closure of several banks like Credit Suisse, Silicon Valley Bank ...
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Uganda: I&m Bank Uganda Launches Offshore Banking
I&M Bank Uganda in collaboration with Mauritius financial giant, Bank One has launched Offshore Banking services for its clientele to have access to ...
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Uganda: African Development Bank Concludes 2023 Insurer Roadshow to Mobilize Private Capital for Africa
The Co-Financing, Syndications and Client Solutions department of the African Development Bank Group has met with London-based insurers to galvanize continued support of ...