Business

Finance Ministry moves to recapitalize Central Bank with Shs217b

Ministry of Finance has appealed to Parliament’s Finance Committee to approve Shs217.330 billion for the recapitalization of the Bank of Uganda in the 2023/2024...

Continued demand for dollars keeps the Shilling on a back footing

The currency was quite volatile during the week opening the session trading at the 3765/3775 levels and weakening to trade at lows of 3790/3800...

BRAC celebrates 50th year anniversary in Uganda

BRAC, one of the largest development organisations of the world, celebrated its 50-year anniversary titled “50 Years of Igniting Hope from Bangladesh to the...

FINANCIAL YEAR RESULTS: Dfcu Group, Bank registers decline in operating income

Dfcu bank has registered a decline of Shs11.9 billion in operating income, the audited financial results for the year that ended on December 31, 2022. The...

Stanbic Bank unveils 8th edition of National Schools Championship

Stanbic Bank has unveiled the 8th edition of the National Schools Championship programme to further support Uganda’s economic resilience. For the last eight years the...

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