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Africa’s EV push gains momentum as Spiro secures $270 million funding
Spiro, one of Africa’s leading electric vehicle (EV) and clean energy infrastructure companies, has secured $270 million in its latest...
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URA waives penalties for undeclared customs goods
Uganda Revenue Authority (URA) has announced a temporary waiver of penalties and fines for taxpayers with undeclared or falsely declared...
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From 37 to 82 branches: Fabian Kasi reflects on 16-year legacy turning Centenary into giant bank
Centenary Bank, Managing Director Fabian Kasi has reflected on his 16 years at the helm of the financal institution. Kasi...
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Government moves to introduce ‘No-stop border posts’ to ease East African grain trade
Government has announced plans to transition from traditional one-stop border posts to “no-stop border posts” through the introduction of smart...
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Equity Bank credit officer Jailed for fraudulently transfering over shs52m from customer accounts
The Anti-Corruption Court has sentenced an Equity Bank credit officer to one year in prison after finding him guilty of...
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GoldStar Insurance retains AA rating as revenue, market share grow
GoldStar Insurance Company Limited has marked its 30th anniversary with the reaffirmation of its AA(UG) national-scale financial strength rating by...
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Uganda’s economy set for first double-digit growth since 1990s as oil era nears
Uganda’s economy is poised to return to double-digit growth for the first time in nearly three decades, Finance Minister Henry...
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BoU caps individual withdrawals at shs50m, businesses at shs500m in new controls
Bank of Uganda has introduced stringent measures in which it has reduced the amount withdrawn over the bank counter by...
Read moreDetailsBoU tightens cash transactions, cuts cheque limits
Bank of Uganda (BoU) has announced a series of reforms aimed at reducing the country's dependence on cash transactions and...
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Insurance Regulatory Authority names acting CEO as Kaddunabbi’s era ends
The Insurance Regulatory Authority (IRA) has appointed Dr. Protazio Sande as its acting Chief Executive Officer following the exit of...
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