Banking
Bank of Uganda Cuts Lending Rate, Shilling Remains Stable
The Bank of Uganda has reduced its benchmark lending rate from 10.25% to 10%, citing a decrease in domestic inflation.…
Kenya’s Central Bank Cuts Interest Rate for First Time in Four Years
On Tuesday, Kenya's central bank reduced its main interest rate for the first time in four years. The bank's monetary…
Uganda Shilling Weakens Slightly: Treasury Bill Auction Results Revealed
KAMPALA — On Wednesday, the Uganda shilling showed a slight decline, closing at the 3724/3734 levels compared to its opening…
Museveni Calls on Women to Grab the Money and Transform Uganda
President Yoweri Museveni has called upon Ugandan women to seize the financial opportunities available to transform their businesses and uplift…
Why the Bank of Uganda Joined ‘Shining Gold Rush
When the Bank of Uganda announced its intention to purchase gold from artisan, small, medium, and large-scale miners, some players…
Standard Chartered Bank Entangled in Sh4 Billion Storage Fees Dispute
Standard Chartered Bank has become embroiled in a legal dispute over unpaid storage fees amounting to Sh4 billion, following services…
