Left to Right: Sylvia Jagwe Owachi-Executive Director Cairo Bank Uganda, Ahmad Maher-Managing director Cairo Bank Uganda, Dr Charles Olaro-Director Curative services Ministry of Health, Dr Patrick Sekimpi-Head of Department Orthopaedic at Makerere College of Health Sciences, Immaculate K Irumba-Chief Operations Officer Cairo Bank Uganda, Dr. Juliet Otiti Head of Department
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Dr James Mwangi, the Equity Group CEO Dr. James Mwangi, Group Managing Director and CEO of Equity Group Holdings Plc and Executive Chairman Equity Group Foundation was today honored with the prestigious 2020 Oslo Business for Peace Award which is also described as the “Nobel Prize for Business.” Honourees are
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BoU Governor Prof. Emmanuel Tumusiime-Mutebile Uganda’s banking sector is set to be adversely affected by the COVID-19 pandemic, the Bank of Uganda (BoU) Financial Stability Review for June 2020 has revealed. “The outlook points to challenging conditions for the banking sector going forward, mainly driven by the impact of the
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Housing Finance Bank Managing Director, Michael. K. Mugabi displays the signed MoU with Water for People Housing Finance Bank has launched a partnership with Water for People to implement a citywide inclusive sanitation program, where 30,000 home owners will benefit from improved sanitation loans around 5 divisions in Kampala. During
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The Bank of Uganda’s Financial Stability Review for June 2020 released on September 4, 2020 indicates that overall, systemic liquidity risk in the banking sector diminished, as liquidity buffers in all institutions including all systemically important banks (DSIBs) improved, enhancing their resilience to tightening of funding conditions. Systemic wholesale funding
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Mobile money transactions rose to Shs79.8Trn during the same time some businesses were struggling to stay afloat during lockdown, Bank of Uganda’s Quarterly Financial Stability Review for June 2020 indicates. The report indicates that June 2020 registered significant growth in mobile money transactions with the value of transactions growing by
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BoU Governor Prof. Emmanuel Tumusiime-Mutebile The Bank of Uganda (BoU) has approved the establishment of a Standing Lending Facility/Window at the BoU for banks with short-term liquidity needs, in a bid to support monetary policy operations and keep interbank interest rates within the CBR (Central Bank Rate) band. In a
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Cairo Bank Uganda top officials unveiling the bank's new look Cairo International Bank has effective 1st September 2020 re-branded to Cairo Bank Uganda Limited. Cairo Bank Uganda limited (The Bank) is a fully owned subsidiary by Banque Du Caire (BDC) set up with the intention of expanding BDC’s presence across
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Centenary Bank Uganda and MoneyGram International on Sunday announced a new partnership which enables Ugandan consumers to receive remittances from more than 300,000 MoneyGram locations around the world. MoneyGram has an extensive presence in Uganda, providing a key remittance bridge for Ugandan diaspora communities in Africa, Canada, U.S., U.K., Middle
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Elly Karuhanga (pictured) has been re-elected as the Chairperson of the dfcu Ltd’s board of directors during the Company’s 55th Annual General Meeting. Karuhanga is an advocate by Training and Founding Partner of Kampala Associated Advocates. He is the Founder President and Chairman of the Governing Council of the Centre
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