Stanbic Bank Empowers 97 Ugandan Youth with Vocational Skills
Stanbic Bank Equips 97 Youth with Job-Ready Skills Through UGX 50M Training Program Stanbic Bank Uganda, in partnership with Busitema University, has successfully trained 97...
Banks & Markets
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Bank of Uganda Raises Alarm Over Unlicensed Digital Lending Apps in Uganda
The proliferation of unlicensed digital lending apps, also known as spy loan apps, has raised serious concerns from the Central Bank of Uganda, as many...
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Sudhir Ruparelia Acquires Lotis Towers from dfcu Bank
Ugandan entrepreneur Sudhir Ruparelia, widely recognized as East Africa’s foremost billionaire, has expanded his business empire with the acquisition of Lotis Towers, a prestigious high-rise...
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BOU Raises Key Policy Rate to 10% in Effort to Tackle Inflation and Support Currency
While in a special monetary policy meeting, the Bank of Uganda announced an increase in its key policy rate, the Central Bank Rate (CBR), from...
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Banque Du Caire Fully Recapitalizes Cairo Bank Uganda to Meet Regulatory Requirements
Banque Du Caire (BDC), has successfully completed the full recapitalization of Cairo Bank Uganda in accordance with the revised capital buffers set by the Bank...
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I&M Bank Uganda Completes Successful Finacle 10 Upgrade for Enhanced Customer Experience
Over the weekend, I&M Bank Uganda accomplished a significant milestone by successfully upgrading its core banking system to Finacle 10, a digital banking solution renowned...
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Access Holdings to Acquire 80% Stake in Uganda’s Finance Trust Bank for Strategic Expansion
Nigeria’s Access Holdings Plc has announced its plans to acquire an 80% stake in Uganda’s Finance Trust Bank Ltd. The transaction, set to be concluded...
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Bank of Uganda Cuts Central Bank Rate by 0.5% to Stimulate Economic Growth Amid Inflation Easing
The Central Bank of Uganda has made a significant move by reducing the Central Bank Rate (CBR) by 0.5 percent, marking the first such reduction...
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HAM Vs DTB: HAM ENT APPLIES FOR ARREST OF SCHEDULED JUDGEMENT ON REQUEST FOR FAIR HEARING
“The Applicants be granted leave to adduce additional evidence from the Central Bank of Kenya to elucidate and substantiate the illegality committed by the...
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City Businessman Sudhir Ruparelia Demands UGX 32 Billion Rent Arrears from DFCU Bank: A Case of Breach of Tenancy Agreement
Sudhir Ruparelia, a city businessman, who owns real estate company Meera Investments, has filed a case in the Commercial Court, demanding that dfcu Bank pay...
