Business

Equity Bank Unveils Equi-Mama, a Business Product for Women, Alongside the Opening of Its 50th Branch in Uganda

Equity Bank Uganda has launched a new product called Equi-mama, which is a credit facility designed to support women entrepreneurs in rural Uganda. The...

Dfcu Bank hosts NGO Forum; reiterates support to Non-Profit Organisations

Non-Governmental Organisations play a critical role in the socioeconomic development of a country, whether that be the creation of a citizen agency or creating...

Uganda to pay Shs800b to acquire UMEME majority shares

Government is set to pay Shs802.17 billion ($215 million) to acquire majority shares in UMEME, the country’s main electricity distribution company. This comes at a...

BAT Uganda on spot for smuggling illicit cigarettes, evading billions in tax

The British American Tobacco (BAT) Uganda and BAT Kenya have taken advantage of the loopholes in tobacco control governance systems and control the illicit...

BoU maintains April Central Bank Rate at 10%

Bank of Uganda Monetary Policy Committee (MPC) has maintained the Central Bank Rate (CBR) for the month of April 2023 at 10%. Michael Atingi-Ego, the...

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