Uganda and Kenya have launched the implementation of the Angololo Water Resources Development Project, a Shs518 billion (USD 137 million) transboundary initiative aimed at enhancing food security, ...

MTN Uganda and PostBank Uganda have reportedly completed a six-month proof of concept (POC) of the operator’s  secure access ...

MANILA, Philippines — Moody’s Ratings upgraded its seal of creditworthiness for Philippine National Bank (PNB) on the back of “sustained improvement in core profitability, robust capital and ...

She added: “In any case, money that comes into Uganda is controlled by government agencies; Bank of Uganda and Finance Intelligence Authority and once it is cleared, it is the only time it is cr ...

Highlights of Absa Bank Uganda 2024 PerformanceProfit After Tax: Increased by 22%, to UGX 178 billion.Revenue: A growth of 15.1%, driven by growth in customers, transactional activity, and credit ...

According to Uganda’s third National Voluntary Review (VNR) report released in 2024, forest cover in Uganda increased from 9.5% in 2015 to 13.3%. However, the country still falls short of its 15% ...

Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has announced a robust set of financial results for the year ended December 31, 2024, with profit after tax rising by 22% to Sh178 billion. Revenue ...

Uganda’s insurance sector contributes less than 1% to the country’s GDP. Prof. Augustus Nuwagaba, the Deputy Governor of the Bank of Uganda, also called on the government to take the lead by insuring ...

One key issue is the stagnation of private sector funding, which has remained at just 11 percent. Now, the Bank of Uganda has urged financial institutions to embrace innovation as the future belongs ...

The ongoing tariff war is already showing signs of altering the global financial system, as we know it. Per the Bank of Uganda, in FY 23/24, Uganda’s exports to the US were valued at $94.70 million.