Banking
Central Bank Warns Payment Service Providers Against Partnering with Unlicensed Online Loan Apps
The Bank of Uganda issued a circular to all Payment Service Providers (PSPs) and Payment System Operators (PSOs), expressing concern…
Centenary Bank Wins Prestigious Bank of the Year Award
Centenary Rural Development Bank Ltd has been named the AFAWA Bank of the Year at the prestigious 2024 African Banker…
Wazalendo SACCO CEO Calls for Gender Inclusive Savings
Yesterday, Col Joseph Freddy Onata, the Chief Executive Officer of Wazalendo SACCO, emphasized the importance of providing both men and…
BoU Report: Banks Thrive on Interest Income from Government Securities
According to Tumubweinee Twinemanzi, the executive director in charge of supervision at the Bank of Uganda (BoU), the profitability of…
Jinja Faces Surge in Online Loan Fraud
A growing number of desperate clients in Jinja City have fallen victim to an online lending platform scam, which operates…
Bank of Africa Uganda Faces Allegations of Deposit Mismanagement
Bank of Africa Uganda Responds to Whistleblower Allegations Bank of Africa Uganda (BOA) is currently conducting an investigation to determine…
