Startup
Uganda: E-logistics startup Ridelink secures $150,000 in pre-seed funding
Ridelink, a Uganda e-logistics startup has raised $150,000 in pre-seed funding in a round jointly led by Ortus Africa Capital (an investment advisory firm), the Omidyar ...
Regulatory
Uganda: Bou Issues Tough Rules for Bankers
Bank of Uganda (BoU) plans to increase the paid-up capital requirements of financial institutions in the country in a move that could make ...
Regulatory
Uganda: Economy Not Recovering Soon – Bank of Uganda
The second wave of COVID-19 appears to have hit the economy severely and dimmed prospects for a quick recovery, according to the latest ...
Regulatory
Uganda: Non-Performing Loans Increase to 5.4 Per Cent
Bank of Uganda has said commercial banks’ asset quality declined slightly, with the share of non-performing loans increasing to 5.4 per cent from ...
Regulatory
Uganda shuts down 2.2 million mobile money accounts
The Uganda Communications Commission (UCC) has revealed in its Market Performance quarterly report that about 2.2 million inactive mobile money accounts were removed ...
News
Uganda’s Annual Bankers Conference Slated for July 26-27
The Uganda Bankers Association (UBA) is set to hold the 4th Annual Bankers Conference on the July 26-27, under the theme: Bend but ...
Uganda
Nita-U Launches Cyber Security Awareness Campaign
Kampala, Uganda — The National Information Technology Authority Uganda has today (July 08) launched a Cyber Security Awareness Campaign dubbed ‘be safe online’ ...
Uganda
Bank of Uganda to Oversee Telecoms’ Money Transactions
Airtel Uganda has shifted all its financial transactions to a new company, a move that adheres to the latest regulations in the market, ...
Uganda
Avanti rolls out satellite broadband to refugee sites in Uganda
Satellite technology firm Avanti Communications (Avanti), has begun its collaboration with UNHCR by delivering and installing free solar powered satellite broadband connectivity and ...
Uganda
Uganda: Post Bank to Transition Into Commercial Bank
Post Bank has said it has completed a five-year strategy in which it will seek to transition into a fully-fledged commercial bank. The ...