Banking

Absa Bank Uganda Responds to Changing Payment Trends with New Credit Card Features

Absa Bank and Mwiri Alumni Collaborate to Restore Mwiri Hill’s Forest Cover

Absa Bank Uganda and the Mwiri Old Boys Association (MOBA) have partnered to restore the forest cover on Mwiri Hill,…

Collaboration Between UN Women and Stanbic Aims to Boost Women's Economic Empowerment in Uganda
Women

UN Women and Stanbic Bank Join Forces to Advance Gender Equality and Women’s Entrepreneurship

Initiative to Empower Women in Uganda through Financial Support and Business Training In a recent survey conducted by various organizations,…

Co operative unions and societies have been cautioned against setting overly high expectations for the revival of the co operative bank

Cooperative Bank Revival: Managing Expectations and Challenges

Cooperative unions and societies have been advised not to set high hopes for the revival of the cooperative bank, given…

Investors Voice Issues with Tax Environment and Expensive Loans

Business Owners Unhappy with Taxation and Costly Bank Loans

Around 50 local investors recently voiced their concerns about what they perceive as an increasingly unfavorable tax environment and expensive…

The FDC has asked banks to change signatories to its accounts amidst an ongoing internal dispute within the party. The banks have refrained from commenting on the matter, and the situation remains fluid.
Centenary Bank

FDC Asks Banks to Update Signatories Amidst Party Turmoil

Two banks, dfcu and Centenary, have been asked to change the authorized signatories for the Forum for Democratic Change (FDC)…

M Pesa Transaction Limit Expanded to KSh 250000 Following Central Bank Approval
Kenya

Central Bank Approves Safaricom’s Increase in M-Pesa Transaction Limit to KSh 250,000

Safaricom, a telecommunications company in Kenya, has made a change to its mobile money service, M-Pesa. They have increased the…