Banking

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Banking: EFC Uganda Placed Under Liquidation, License Revoked & Ordered To Wind Up Operations

Taddewo William Senyonyi January 19, 2024 0

EFC Uganda offices The Bank of Uganda (BoU) has effective today, 19th January 2024, placed EFC Uganda...

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• Education

dfcu Bank, Mengo Partner To Improve Education In Buganda Region

Francis Otucu January 18, 2024 0

Officials from dfcu bank and Buganda Kingdom in a group photo after the press briefing dfcu Bank...

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• Analysis & Opinions
• Banking

Facts: What UK Supreme Court Decision In Crane Bank Vs dfcu Bank Case Means

BusinessFocus Reporter January 9, 2024 0

Dfcu bank headquarters On 8 January 2024, the UK Supreme Court ruled that it had decided not...

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• Banking

Banks Extend Loans Worth Shs5Trn To Customers In Three Months

BusinessFocus Reporter December 30, 2023 0

Regulated financial institutions approved loans to the private sector to a tune of 5.1Trn in three months to...

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• Banking

Bank of Africa Breached Contract After Freezing Customer’s Account-Court

BusinessFocus Reporter December 20, 2023 0

Justice Musa Ssekaana made the decision. The High Court in Kampala has issued an order declaring that...

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• Analysis & Opinions
• Banking

The Rise Of The Mass Affluent In Africa And How Banks Can Best Respond To Their Needs

BusinessFocus Reporter December 15, 2023 0

 By Margaret Soi The purchasing power of Africa’s middle class is expected to grow significantly in the...

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Banks Eat Big As Demand For Credit Grows To Shs8.7 Trillion

Taddewo William Senyonyi December 12, 2023 0

Demand for credit grew in value terms to Shs8.70 trillion in December 2023 from Shs6.03 trillion in October 2023,...

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• News

dfcu Bank Unveils URA One-Stop Centre at Kampala Road Branch

BusinessFocus Reporter December 8, 2023 0

The Centre will cater to the needs of the business community in Kampala City, neighbouring government agencies...

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• Analysis & Opinions
• Banking

BoU Maintains Key Lending Rate At 9.5%, Economy Projected To Grow At 6% In FY 2023/24

Taddewo William Senyonyi December 6, 2023 0

The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR), a benchmark lending rate for...

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• Banking
• News

Business Paralyzed As Police Probe Attempted Robbery At Stanbic Bank Kabale Branch

BusinessFocus Reporter December 5, 2023 0

Police officers at Stanbic Bank Kabale branch (Photo Credit Samuel Amanya) Business came to a halt at...

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