Banking

Majority of Mobile Money Transactions in Uganda Under Sh50,000, Says Bank of Uganda

Bank of Uganda Reports: Over 90% of Mobile Money Transactions Below Sh50,000 In the annual report submitted to Parliament for…

Mulago and Stanbic Collaborate to Launch Corporate Cancer Screening Program

Mulago and Stanbic Bank have joined forces to introduce a cancer screening program designed to assist busy working individuals in…

Ugandan Banks See Steady Asset Growth in 2022/2023, Despite Concerns

The Bank of Uganda has released its annual report for the Financial Year 2022/2023, revealing notable developments in the country's…

Koree Wins 2023 Ecobank Fintech Challenge in Cameroon

Pan-African banking institution, Ecobank Group, has declared Koree, a fintech company headquartered in Cameroon, as the grand champion of the…

Absa Bank Declines Funding Request for Busoga Royal Wedding

Absa Bank Uganda has become the center of attention after declining to provide financial assistance to the Kyabazinga of Busoga…

Uganda Ranks Fourth in African Financial Markets Survey

A recent survey conducted by Absa, known as the Absa Africa Financial Markets Index 2023, has highlighted Uganda's noteworthy performance…