Finance

UPDF SACCO Launches New Office Building in Fort Portal

Wazalendo Savings and Credit Cooperative Society (WSACCO), associated with the Uganda Peoples’ Defence Forces (UPDF), has unveiled its new commercial…

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…

MTN Declares 147 Billion Shilling Payout for Investors

MTN Shareholders to Receive 147 Billion Shillings in Interim Dividends MTN has announced an interim dividend payment of 6.6 shillings…

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…