Banks have been challenged to be innovative in addressing challenges facing farmers Amidst a push for increasing access to agriculture financing by both government and donors, experts say those designing lending products for farmers should also help them build resilience with changes in weather. Paul Kweheria, the
Read MoreBanking
Anthony Kituuka, the Equity Bank Uganda Executive Director A survey conducted by Nu-Tec, an innovation minded implementer of the Shs 50 billion funding to Small and Medium Enterprises in the agriculture sector has revealed some of the challenges facing farmers in Northern Uganda. During a half day workshop dubbed Insights
Read More10 Winners To Be Selected As Dfcu Bank Launches Season Five Of The Rising Woman Initiative
Past winners of Rising Woman competitions pose for a photo with the partners dfcu Bank, in partnership with Monitor Publications Limited and Uganda Investment Authority, has today launched the fifth edition of the ‘Rising Woman’ – an initiative that aims to recognize, celebrate, and promote a culture of mentorship among
Read MoreMukono 5 Star primary school fenced off by MSC. The Microfinance Support Center-MSC has sealed off Mukono 5 Star primary, which belongs to the Uganda Methodist Church at Mpoma in Nama sub-county in Mukono district. MSC accuses the school management of failure to pay back a loan of Shillings 300million.
Read MoreBoU Deputy Governor, Atingi-Ego The Bank of Uganda Uganda’s has reported that the economy is estimated to have grown by between 6.5 and 7 percent in 2021, compared to a 1.5 percent contraction in 2020 when the Covid 19 pandemic forced parts of the economy to shut, according to the
Read MoreL-R: Emma Mugisha, Stanbic Bank Executive Director, Richard Mubiru, from Uganda Manufacturers Association, Atingi-Ego, Deputy Governor Bank of Uganda and Ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury at the Ministry of Finance taking part in a panel discussion at the Stanbic Bank - 2022 Economic Outlook Forum
Read MoreTycoon Sudhir Ruparelia The decision by the Supreme Court of Uganda that Crane Bank Ltd reverts to owners Sudhir Ruparelia and co-shareholders raised public excitement, for various reasons, including an assumed return of the bank into the banking industry. Other views were concerns about the financial implications of the decision
Read More93 Percent Of Bank Account Holders In Uganda Have Less Than One Million Shillings
More than 90 percent of Ugandans who hold a bank account do not keep more than 1 million shillings at any one time on their accounts, an indication of the low saving levels in the country. There are an estimated 14 million bank accounts in the country. Of these, only
Read MoreAirtel and Housing Finance Bank officials in a group photo after inking the deal Airtel Mobile Commerce Uganda limited, the provider of affordable and secure Airtel money platform, has partnered with Housing Finance Bank Uganda and digital lending platform provider YABX to enable Airtel Money customers, to access quick loans when they do not
Read Moredfcu Bank Appoints Ruth Asasira As Manager Women in Business & Special Programs
Ruth Asasira (pictured) has been appointed as Manager Women in Business and Special Programs at dfcu Bank. Ruth has 12 years of experience in the financial services sector, and is a dynamic microfinance practitioner, certified financial literacy trainer, with experience in product and business development. She is passionate about Youth and Women
Read More