Business
MTN Expands Mobile Money Lending, Targets Shs1 Trillion in Loans
Telecom giant MTN has announced plans to significantly increase its mobile money lending, aiming to advance subscribers in Uganda more…
Uganda Sees Rise in Digital Card Payments, Reaching UGX 532 Billion
The landscape of financial transactions in Uganda is rapidly evolving, with digital payment channels gaining significant traction among the population.…
Deposit Protection Fund Struggles with Lack of Depositor Information
The Deposit Protection Fund (DPF) in Uganda is facing challenges due to a lack of information on depositors, according to…
139 Companies Approved for Insurance Services in Uganda
The Insurance Regulatory Authority (IRA) has announced that a total of 139 companies are licensed to provide insurance services in…
Uganda-EU Trade Shift: Exports Exceed Imports in Favorable Balance
Uganda has achieved a significant milestone in its trade relations with the European Union (EU), with exports now surpassing imports,…
UEDCL’s Revenue Grows 10.5% to 88 Billion Shillings
State-owned Uganda Electricity Distribution Company Limited (UEDCL) has reported a notable 10.5% increase in revenue, reaching Shs88.5 billion for the…
