Africa seeks to rewrite the rules of credit risk with new rating agency
The African Union has argued that African economies are sometimes assessed without sufficient consideration of their particular economic and institutional circumstances
Section
Finance
Banking, insurance, pensions, capital markets and fintech.
Africa launches its own credit rating agency to cut borrowing costs
FinanceOpinion
Africa’s new credit agency: why it’s needed
Uganda gets US$8m Iceland grant for schools and basic services
Thousands of residents in three Ugandan districts are expected to benefit from improved schools, water and sanitation services under an US$8 million (Shs32 billion)…
Uganda, EU deepen push to unlock private investment and trade
Uganda and the European Union are seeking to deepen economic ties by mobilising more private investment, expanding trade and combining development funding with financing…
UDB gets UGX104 Billion to power SME growth
The Uganda Development Bank (UDB) has clinched a USD30 million (UGX 104 billion) financing facility from the Islamic Corporation for the Development of the Private…
NSSF pays out record UGX 2.79 trillion to members
Each National Social Security Fund (NSSF) member will receive an average of UGX1 million credited on their pension account, thanks to the 13.5 percent interest rate that…
ICEA LION unit trust tops UGX 468 billion
ICEA LION Asset Management has announced a robust performance for its Unit Trust Funds for the fiscal year ending December 2024, marked by significant growth in assets…
MTN wins 2025 Employer of the Year accolade
MTN Uganda has been named Employer of the Year 2025 by the Federation of Uganda Employers (FUE), winning the Gold Category award for the second consecutive year.
NSSF bullish as earnings hit UGX3.52 trillion
The National Social Security Fund (NSSF) has posted earnings worth UGX3.52 trillion for the Financial Year ending June 30, 2025, raising hopes that the interest rate…
BoU to raise UGX355 bn in Treasury Bills auction
BoU to raise UGX355 bn in Treasury Bills auction
Uganda, Japanese bank sign financial cooperation deal
Uganda has taken a leap in attracting long-term investment, following the signing of a landmark memorandum of understanding (MoU) with the Japan Bank for International…
New Absa Bank initiative to boost rural businesses
Absa Bank Uganda has launched a series of Regional SME Forums aimed at boosting entrepreneurship and business resilience across the country.
MTN MoMo named payment partner for Trade Fair
The Uganda Manufacturers Association (UMA) has today unveiled MTN MoMo as the official payments partner for the upcoming Uganda International Trade Fair (UITF)…
MTN Momo clients to win UGX10m weekly in new promo
MTN MoMo Uganda has today announced the launch of its latest promotion, ‘Power to Win,’ a customer reward initiative designed to celebrate and reward MoMo users across…
First boda winner announced in MTN MoMo promo
Nakawa Market in Kampala on Thursday came alive with jubilation as MTN MoMo handed over the first of 24 brand-new motorcycles, as part of its ongoing “Power to Be More”…
UK Court rejects Sudhir attempt to block PwC reports
DFCU Bank has secured a procedural victory in an ongoing case before the English High Court, as part of the legal proceedings initiated by Crane Bank Limited (CBL) and…
Bankers want policy to boost kyeyo remittances
Banking industry stakeholders are calling for tax incentives and a comprehensive national policy on remittances to boost the inflows and enhance their potential impact…