Banking

Government Announces Deposit Payment Dates for EFC Closure

The government has outlined procedures for compensating depositors affected by the closure of EFC Uganda Limited. The Bank of Uganda…

Centenary Bank Unveils WhatsApp Banking Service

Centenary Bank, based in Kampala, Uganda, made an announcement on January 30th about its new service called CenteWhatsApp banking. This…

Stanbic Bank Launches ‘Oli Sorted’ Loan Campaign

Stanbic Bank Uganda has introduced a new lending campaign called Oli Sorted. The aim is to help Ugandans get affordable…

Transitioning Leadership at Bank of Uganda: Atingi-Ego’s Stewardship

Michael Atingi-Ego, who has been the acting governor of the Bank of Uganda for the past two years, is gaining…

Post Bank Investigates Shs138m Shortage, Suspends Manager and Staff

Post Bank has suspended its Manager and two staff members in Arua over missing funds totaling Shs138 million. The internal…

Uganda Shilling Experiences Slight Weakening Against Dollar on Monday

The opening of the trading week witnessed the Uganda shilling facing the dollar at the levels of 3803/3813. However, interbank…