Richard Yego, the MTN MoMo Ltd Managing Director MTN MoMo Uganda has concluded its maiden interest payment of Shs 5.7billion to 19.8 million customers who had a minimum of Shs1 and above for the second quarter of 2022. Richard Yego, the company’s managing director shares some insights about the implications of
Read More
Housing Finance Bank stakeholders in a group photo to commemorate the launch of Government Securities Portal Housing Finance Bank Tuesday officially launched its Government Securities Portal with a campaign dubbed” Invest On The Go”. The launch took place at Mestil Hotel and Residences, Kampala. The online portal, which is housed
Read More
You can invest in stocks through Housing Finance Bank Housing Finance Bank(HFB) has offered choices on investments in the digital era that its customers can tap into and grow further financially. In a Twitter Spaces held on Thursday evening under the theme “Making Viable Investments In The Digital Era", Robert Nyehangane, the Head
Read More
Lloyd Jonathan Busuulwa, Head Alternative Channels, dfcu Bank “The creation of solutions like the dfcu’s Ku Spot Secondary Account is in line with our Bank Customer Obsessed Strategy which centres the provision of fast, secure and reliable solutions in response to the voice of our customers, across the country and
Read More
Lloyd Jonathan Busuulwa, the dfcu Bank Head of Alternative Channels dfcu Bank has today launched a paperless account opening solution that allows existing customers to open an account online, using dfcu QuickBanking, the Bank’s digital banking platform. Through the campaign dubbed ‘Secondary Account Ku-Spot’, the solution offers customers the option to
Read More
Keith Kalyegira, CEO of the CMA The level of savings and investment in Uganda’s capital markets has grown significantly, notwithstanding the reduction of disposable incomes as a result of the prevailing inflationary pressures, the Capital Markets Authority (CMA) latest Quarterly Bulletin update indicates. The report indicates that Collective Investment Scheme (CIS) Managers had
Read More
Uganda Clays Managing Director, Reuben Tumwebaze Uganda Clays Ltd, the oldest manufacturer of clay building materials, has seen its 2022 half year profit after tax drop by 54% to Shs1.3 billion compared to Shs2.7 billion in June 2021. According to the Company’s Unaudited Financial Statements for the Six Months Ended
Read More
Yona Kanyomozi Veteran politician Yona Kanyomozi has died. Kanyomozi died on Sunday at Nakasero Hospital. Jimmy Akena, the Uganda People's Congress (UPC) President, confirmed Kanyomozi’s death to Uganda Radio Network (URN) saying that more details will be availed. Kanyomozi, 82 has previously served in different capacities as Minister, Member of
Read More
The lengthy vote counting process in Kenya is making the whole election period longer than it has been expected and hoped before, and this is influencing the activities in the financial markets. The business community in the region as a whole has been waiting for the end to the
Read More
The Kenyan shilling has for the first time crossed the Sh119 mark against the dollar. The Kenyan shilling has for the first time crossed the Sh119 mark against the dollar, triggering costly imports and higher international debt repayments ahead of Tuesday’s general elections. Central bank of Kenya (CBK)
Read More
