News
Uganda: UBA Bank Appointed a Primary Dealer in Government Debt Market
United Bank for Africa Uganda (UBA) has been appointed a primary dealer bank by Bank of Uganda with effect from October 1, 2021. ...
Startup
Uganda: 5 Rising Ugandan Startups In 2021
The startup ecosystem is likely to keep growing in the future, as the threshold between the demands of society and the supporting technology ...
News
Uganda: Absa Bank Uganda Boss Calls for Purpose-Driven Innovations to Enhance Equitable Service Delivery
The Managing Director of Absa Bank Uganda, Mumba Kalifungwa has called for creativity of purpose driven innovations to enhance equitable service delivery for ...
News
Uganda: Money in Dormant Commercial Bank Accounts Grows to Shs9.5b
Bank of Uganda has said the amount of money in dormant accounts has grown from Shs700m in 2014 to Shs9.5b. Speaking in a ...
Startup
Uganda: GnuGrid raises $612k seed round as it pivots into fintech space
Ugandan startup gnuGrid has increased the size of its seed funding round to US$612,500 as it pivots its product offering to move into ...
News
Uganda: MTN partners Uganda Bourse to digitalize opening of securities accounts
MTN Uganda has signed a partnership agreement with the Uganda Securities Exchange (USE) to provide a digital platform for opening securities accounts, making ...
News
Uganda: BoU Withdraws Appeal Against Sudhir
Bank of Uganda has withdrawn an appeal in their case – Crane Bank (In Receivership) against Sudhir Ruparelia and Meera Investments Limited. “Take ...
News
Uganda: Bou Explains Why Money Can’t Be Printed Locally
Bank of Uganda officials yesterday told Parliament that Uganda can’t afford to print its own currency because the “process is sophisticated and therefore ...
News
Uganda: Regulator Sets Tough Terms Before Africell Exits Uganda
Africell Uganda is not only seeking to end its loss making and debt-ridden business, it has less than a month to come up ...
News
Uganda: Africell to shut down Uganda operations
Mobile operator Africell, announced it was ending operations in Uganda where it has faced tough competition from the local units of African telecom ...