BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan
David Kalyango, the Executive Director of Supervision at the Bank of Uganda, explained the vision: ensuring that every Ugandan, no matter their type of work, can access c...
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Putin in panic as Russia faces economic meltdown with banks facing £100bn 'time bomb'
Russia's economy is facing a "time bomb", as sanctions escalate and interest rates remain high. Businesses around the country are struggling to pay back loans and are fig...
Treasury bills auction attracts Shs567b as investor demand surges.
Uganda’s domestic debt market continues to heat up, with the latest Treasury Bills auction attracting overwhelming investor interest and confirming growing confide...
BoU Reaffirms Regulatory Control Over Large SACCOs, Moves To Quell Sector Misconceptions
The Bank of Uganda (BoU) has reiterated that it remains the lawful supervisory authority over large Savings and Credit Cooperative Organisations (SACCOs), dispelling grow...
NRM MP flag bearer elated after winning UGX 680 million from fixed games
In an astonishing turn of events, a woman Member of Parliament, flag bearer for the National Resistance Movement (NRM) in Northern Uganda, has seen her political fortunes...
Ziza Bafana Mocks Lwasa Amid Financial Collapse, Says “This Is Just the Beginningâ€
Dancehall star Ziza Bafana has taken a sharp jab at Masaka businessman Emmanuel ‘Acram’ Lwasa, saying the financial turmoil he is currently facing is only th...
BIRDS OF THE SAME FEATHER! As Tycoon Ham Battles ‘Nakivubo Channel Demons’, Brother Haruna Ssentongo Cited in Shs 2.4bn Kisenyi Property Chaos
Just as Kampala is still buzzing over tycoon Hamis Kiggundu’s fierce showdown with the so-called “Nakivubo Channel demonsâ€, his brother Haruna Ssentong...
Inflation’s silent threat: Is crypto creeping in on traditional diversifiers’ turf?
Inflation’s silent threat: Is crypto creeping in on traditional diversifiers’ turf?In today’s markets, uncertainty has become the new normal, putting...
Africa’s petrol shock map: Shs 100 in Libya, Shs 5,000 in Uganda
Fuel prices, especially petrol, have shot upFuel prices in Uganda are highAcross Africa, the price of a single litre of petrol can determine whether families eat, whether...
STANBIC FRAUD WEB! Cyber Thieves Who Collided with Insiders to Target Enid Kukunda’s Sh725m officially charged, remanded
Four people accused of attempting to defraud Stanbic Bank of Shs725 million were on Friday formally charged before the Buganda Road Chief Magistrate’s Court.They f...