Prime Minister Robinah Nabbanja told MPs that unprofessional money lenders are going to be dealt with The Prime Minister, Robinah Nabbanja, has condemned the confiscation of National Identity Cards (IDs) by money lenders as collateral for loans, describing the practice as a violation of citizens’ rights and a threat to
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Housing Finance Bank MD Michael K Mugabi launched the HFB Salary Loan campaign dubbed Move Like a Don today at Four Points hotel. In a re-affirmation of its commitment to financing a sustainable future for all, Housing Finance Bank has launched the ‘Move Like A Don’ salary loan campaign.
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Gift Shoko’s appointment as Equity Bank Uganda new Managing Director is subject to regulatory approval. Equity Bank Uganda, a subsidiary of Equity Group Holdings Plc, has announced the appointment of Gift Shoko as the new Managing Director, subject to regulatory approval. Prior to his appointment as MD, Shoko served as
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John B. Kaweesi, Housing Finance Bank’s Head of Mortgages and Consumer Banking Aware of the stark reality that the global economy is increasingly getting digitized, Housing Finance Bank is setting the pace in Uganda through their digital campaign that comes with incentives for customer adoption to mobile banking, e-commerce & other
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Women entrepreneurs at the Annual Women Business Leadership Conference 2024 dfcu Bank recently partnered with the Uganda Women Entrepreneurs Association Limited (UWEAL) to empower and recognize the achievements of women entrepreneurs at the Annual Women Business Leadership Conference 2024 and Award Dinner Gala held on November 28th and 29th, 2024,
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Mumba Kenneth Kalifungwa, the new Stanbic Bank Uganda Chief Executive Stanbic Bank Uganda is pleased to announce the appointment of Mumba Kenneth Kalifungwa as the new Chief Executive and by extension, a member of the Board of Directors, effective March 1, 2025. This appointment follows required regulatory approvals. Mumba brings
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Ruth Ajuna has been able to finish her rental units thanks to dfcu GROW loan Ruth Ajuna is living proof of how determination and access to the right financial support can transform lives. A farmer and entrepreneur from Hoima District, Ruth has cultivated a thriving business in sugarcane, coffee, and lentils
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Sanjay Rughani, the Managing Director at Standard Chartered Bank Uganda Standard Chartered PLC, the parent company of Standard Chartered (StanChart) Bank Uganda announced a set of actions to concentrate resources where they “have the most distinctive client proposition, in order to better support our clients." Under this arrangement, the bank intends to
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The leadership of MLAU in a group photo Legitimate money Lenders have urged the government to closely monitor lending business during the Christmas season while re-opening dialogue on lending rates. Through the Money Lenders Association of Uganda (MLAU), comprising of legitimate and ethical money lenders registered with the Uganda Microfinance Regulatory Authority (UMRA), the
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Sebastian Murokozi, Manager Home loans at dfcu bank Bank has stood as a beacon of financial empowerment in Uganda, cementing its position as a development finance institution and a trusted partner for individuals and businesses. With a rich legacy rooted in supporting Ugandan aspirations, the bank continues to innovate, offering tailored
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