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Mumba Kalifungwa Takes Charge at Stanbic Bank Uganda

Mumba Kalifungwa Takes Charge at Stanbic Bank Uganda

Mumba Kalifungwa has officially assumed the role of Chief Executive at Stanbic Bank Uganda, the nation’s largest lender by assets, revenue, and deposits.His appointmen...

Ultimate Uganda
To cap or not to cap interest rates

To cap or not to cap interest rates

The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, th...

Ultimate Uganda
Absa in push to ease access to electric motorcycles

Absa in push to ease access to electric motorcycles

Financial technology company, Mogo, has said it has obtained a loan facility from Absa to ease access to electric motorbikes. The company, which indicated that it had pre...

Ultimate Uganda
Shock as University Student Reportedly Dies of Hunger

Shock as University Student Reportedly Dies of Hunger

KAMPALA , Uganda – Hunger among Uganda’s university students has become an urgent crisis, revealing the severe financial challenges facing young people in higher educ...

Ultimate Uganda