Tumubweine Twinemanzi, the Executive Director Supervision at the Central Bank The Bank of Uganda has refuted claims that its tough regulatory requirements are leading its regulated financial institutions to downgrade to ease the regulatory pressures on them. This comes as the regulator (BoU) notified the public that three commercial banks
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NARO Director General, Dr Yona Baguma (front third from left) with the new KOPIA Director, Dr Cho Ilho (front second from left) and other officials after the meeting in Entebbe on Wednesday The South Korean Agency for International Agricultural Development has reaffirmed its commitment to supporting Ugandan farmers in transitioning
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The Speaker Anita Among (pictured) has led MPs in protesting the move by Ministry of Finance to reduce Parliament’s budget by 50%, describing such a decision as humiliating and demeaning to the Legislature. “Our deduction of 50%, shall we be paid salary? You even have the courtesy to put it in bold,
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The UNBS Deputy Executive Director Standards, Patricia Bageine Ejalu (right) receives Copies of the Simplified Standards from Enoch Mutumba ( left) of the Standards Partnership Project FCDO-UKAID at the Standards house, Bweyogerere The Uganda National Bureau of Standards (UNBS) has intensified standards awareness campaigns amongst Micro, Small and Medium Enterprises (MSMEs) to
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Bright Rwamirama Kanyontore, the Minister of State for Agriculture, Animal Industry and Fisheries (Animal Industry) at the release of the 2021 National Livestock Census results The Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) has said that the need for sound and reliable data in Agriculture to guide investments in
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Exodus SACCO Chairman, SCP Wilson Omoding addressing the Delegates at the SACCO's 11th AGM held in Naguru on Wednesday. Police’s Exodus SACCO Ltd. has reported a strong performance in 2023, announcing a profit of Shs4.96 billion, up from Shs 1.99 billion recorded in 2022. This represents a growth of 150.3%. According to
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Charles M. Mudiwa, the Chief Executive Officer at dfcu Bank dfcu Limited has announced its audited financial results for the year ended 31 December 2023, indicating a growth in customer numbers, transaction volumes, fees and commissions. The results show that dfcu bank, the Group’s trading entity, recorded a net profit
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Barbara Dokoria and Samuel F Mwogeza Stanbic Bank Uganda has announced the appointment of Samuel F Mwogeza as its Interim Chief Executive, and Barbara Dokoria as Interim Executive Director effective April 1, 2024 until substantive appointments for the positions are made. The interim appointment of Mwogeza, who is currently the Executive
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Three commercial banks including ABC Capital Bank (U) Ltd, Opportunity Bank and Guaranty Trust Bank (U) Ltd have failed to meet Bank of Uganda’s minimum capital requirement of Shs150bn. It should be noted that a few years ago, the Bank of Uganda increased the paid up capital of commercial banks to
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Wangechi Gitahi, Unilever Uganda's CSP Manager, (second left) hands over an assortment of Unilever items to the women who are helping keep Kampala City clean. Unilever Uganda has highlighted the invaluable efforts of women who work tirelessly to keep Kampala city clean. Unilever Uganda, in collaboration with the Kampala Capital
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