Insurance half year premiums grow by Shs104b
Insurance companies recorded an increase of Shs104.9b in gross written premiums in the first half of 2024. Details contained in the Insurance Regulatory Authority (IRA) p...
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74 financial institutions now access NIRA database, says BoU
Bank of Uganda (BoU) has indicated that at least 74 supervised financial institutions now have access to the National Identification and Registration Authority (NIRA) dat...
Postal services impacting everyday lives globally
Every October 9, Uganda joins the rest of the world to celebrate Post Day. This annual event commemorates the establishment of the Universal Postal Union (UPU) in 1874 in...
Some EFC, Mercantile depositors yet to pick their money, says DPF
The Deposit Protection Fund of Uganda (DPF) has asked depositors of the closed EFC Uganda and Mercantile Credit Bank who have not picked their money to make necessary arr...
Museveni pardons former PS involved in Shs4.2b bicycle scam
President Yoweri Museveni has pardoned the former Permanent Secretary at the Ministry of Local Government, Mr John Muhanguzi Kashaka and the late Henry Bamutura who were...
Ugandan job seekers allege fraud by Skypins labour export firm, owner Don Chris on the run
A number of job seekers estimated to number about 100 are crying foul after labour export firm, Skypins Tours and Travel, claiming to be an employment recruitment agency...
Does Kiira Motors need two years to turnaround?
Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporat...
Who holds the largest share of govt's domestic debt
Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministry of...
Why banks are joining unit trusts party
Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority...
Medicare Advantage Costs Soar in 2025 with Big Changes Ahead
Seniors across the nation are bracing for significant changes to their Medicare Advantage costs in 2025 as major updates are on the horizon for prescription plans. New Co...