Centenary Bank Named Best Bank of 2023 at 30th Global Finance Awards

In a recent ceremony held at the 30th Global Finance Awards in Marrakech, Morocco, Centenary Bank was presented with the…

Ugandan Fintechs Grapple with Financing

Financial technology (Fintech) companies are encountering difficulties in obtaining capital for business expansion, as per a report from the Financial…

Mobile Money Loans Reach Record Monthly Lending of UGX 31 Billion

Mobile Money subscribers borrowed UGX 31.44 billion in August, as reported by the Ministry of Finance. These loans, characterized by…

Uganda’s Tax Revenue Hit by Manufacturing and Spirits Sales Decline

In a report released by the Ministry of Finance on Monday, it was revealed that a decline in manufacturing and…

More Than 2,000 Farmers Access Non-Collateralized Loans from Bank of Uganda

In a recent report from the Agricultural Credit Facility, it was revealed that more than 2,113 farmers accessed low-cost loans…

Jinja City Renames Road to Honour Late Minister Kyemba

Authorities in Jinja City have decided to rename a road in the city after the late former minister, Henry Kyemba,…