EU Removes Uganda from High-Risk Financial Crime List
Uganda has officially been removed from the European Commission’s list of high-risk countries for financial crimes, marking a key milestone in the country’s regulatory reform...
Finance
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EAC Champions FinTech Integration to Boost Trade and Financial Access
EAC Pushes FinTech Integration to Drive Trade and Financial Inclusion The East African Community (EAC) has announced renewed efforts to fast-track FinTech integration to strengthen...
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Ugandan Tier 4 Lenders Embrace ESG for Sustainable Growth
Uganda’s Tier 4 Financial Institutions Get ESG Training Boost for Sustainable Finance Kampala, Uganda — In a major push towards green and responsible banking, aBi...
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UK Awards Rolls-Royce £9 Billion Contract to Strengthen Submarine Nuclear Deterrent
The United Kingdom has awarded Rolls-Royce a £9 billion ($11 billion) eight-year contract to design, manufacture, and support nuclear reactors for its submarine fleet. This...
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U.S. Dollar Stabilizes as Global Tariff Uncertainty Looms Ahead of Key Central Bank Decisions
The U.S. dollar traded within narrow ranges against major currencies on Thursday. It struggled to find direction as investors awaited clarity on tariffs from President...
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Mpesa Paybill Transaction Charges 2025: Comprehensive Guide
The Mpesa PayBill service has revolutionized how businesses and customers interact, offering a seamless, convenient, and secure way to process payments. In 2025, Mpesa continues...
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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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Report Highlights Real Estate, Mining, and Fisheries as High-Risk Sectors for Money Laundering
A recent four-year public inquiry has revealed that real estate, mining/extraction, and fisheries have become magnets for money laundering activities. The Finance Intelligence Authority (FIA)...
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President Yoweri Museveni Nominates Josephine Okui Okwakol Ossiya as Governor of the Bank of Uganda
Following the vacancy left by the passing of Emmanuel Tumusiime Mutebile, the long-serving Governor of the Bank of Uganda (BOU), President Yoweri Museveni has nominated...
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