Banking

Letshego Uganda Grants Sh20m Bursary to Maryhill High School Student

Letshego Uganda has announced Fortunate Atuhairwe as the recipient of its prestigious education bursary for the year 2024. This initiative…

Bank of Uganda Faces Challenges in Controlling Dollar Rate

Bank of Uganda (BoU) acknowledges its limited capacity to address the depreciation of the Ugandan Shilling against the dollar due…

Bank of Uganda Alerts Public to Rise in AI Fraud

The Bank of Uganda (BOU) has issued a warning about the increasing threat of Artificial Intelligence (AI) generated fraud, stating…

Golfers Flagged Off by Absa Bank Uganda for 2024 Magical Kenya Open

Absa Bank Uganda has announced its sponsorship of ten golfers from Uganda who will participate in the Pro-Am event of…

Government Set to Decide on Online Money Lender Licenses Next Week

The Uganda Microfinance Regulatory Authority (UMRA) has disclosed that the government will issue its final decision on the resumption of…

Deposit Protection Fund Completes Payouts for EFC Microfinance Depositors

The Deposit Protection Fund (DPF) has finished paying individually protected depositors of the closed EFC Microfinance Uganda. Last month, the…