Banking

Today’s Uganda Shilling Exchange Rates: Monday, December 23, 2024

The Bank of Uganda has released the latest exchange rates for the Uganda Shilling against major international currencies for Monday,…

Exposed: 60 Rogue Loan Apps Ugandans Must Avoid Like the Plague

Uganda’s Newest 'Kijambiya' Threat: 59 Illegal Loan Apps to Avoid Like Bad 'Kalo' In a city where everyone’s got a…

Money Lenders Reject Interest Rate Limits by Parliament

(Kampala) - Uganda’s moneylenders have rejected the newly passed Tier 4 Microfinance Institutions and Money Lenders Bill, 2024, which now…

Citibank Funds Lusalira-Sembabule Road with UGX 470 Billion Loan

(Kampala) – Citibank has extended a EUR 126 million loan, approximately UGX 470 billion, to the Ugandan government to support…

Bank of England Eyes Digital Currency to Bridge Gap with Tech Innovators

(London) - The Bank of England is moving forward with plans to develop a digital currency for public use, according…

Uganda Takes Action on Money Laundering

(Kampala) – Uganda's Minister of State for General Duties, Henry Musasizi, has launched the 2024 Money Laundering and Terrorism Financing…