Inter-bank rates fluctuate, central bank rate holds steady

Bank of Uganda Deputy Governor Augustus Nuwagaba emphasizes the need for financial institutions to embrace the fintech revolution for economic transformation and inclusion.

Bank of Uganda Deputy Governor Augustus Nuwagaba KAMPALA, UGANDA – The Bank of Uganda’s latest financial report reveals a mix ...

The Insurance Regulatory Authority (IRA) Chief Executive Officer, Ibrahim Kaddunabbi Lubega, while presenting the report on Wednesday

Uganda’s insurance industry sees UGX 800 billion in claims paid

by KELVIN AMANDA | TECH WRITER

08/08/2025

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The Insurance Regulatory Authority (IRA) Chief Executive Officer, Ibrahim Kaddunabbi Lubega KAMPALA, UGANDA – Uganda's insurance industry paid out over ...

Bank of Uganda faces unexpected hurdles phasing out the Shs1,000 note, primarily due to soaring costs of minting replacement coins. Discover why Uganda's old currency is sticking around

Bank of Uganda Faces Hurdles Phasing Out 1,000 Shilling Note

by LILIAN MUWONGE | UG STANDARD REPORTER

28/07/2025

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Bank of Uganda faces unexpected hurdles phasing out the Shs1,000 note, primarily due to soaring costs of minting replacement coins. ...

Uganda's Parliament approved UGX 5.6 trillion in new loans amid soaring public debt and concerns over oversight. Experts question the nation's borrowing strategy as undisbursed funds accrue interest.

Uganda’s Mounting Debt Sparks Oversight Concerns After Billions in New Loans Approved

by Julian Ninsiima | Reporter

24/06/2025

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Uganda's Parliament approved UGX 5.6 trillion in new loans amid soaring public debt and concerns over oversight. Experts question the ...

Ugandan businessman Haruna Sentongo loses UGX 10 billion court battle against I&M Bank, facing significant financial implications."

Haruna Sentongo Loses UGX 10 Billion Case Against I&M Bank

by LILIAN MUWONGE | UG STANDARD REPORTER

01/04/2025

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Ugandan businessman Haruna Sentongo loses UGX 10 billion court battle against I&M Bank, facing significant financial implications. A prominent Ugandan ...

"A symbol of resilience: Jomayi Property Consultants' Old Kampala offices remain operational after Uganda's Court of Appeal halted liquidation proceedings, giving the debt-ridden real estate giant a chance to reorganize."

Court blocks NC Bank’s bid to liquidate Jomayi Property Consultants

by JAVIRA SSEBWAMI | PUBLIC EDITOR

14/11/2024

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Jomayi Property Consultants' offices in Old Kampala, Uganda. The real estate firm has been granted temporary relief by Uganda's Court ...

Tag: Financial News