Business

Museveni rejects sugar bill over zoning

Business
President Yoweri Museveni has rejected the Sugar Bill 2016 and asked Parliament to reconsider and provide zoning of sugar cane growing and production. Museveni said...

BoU maintains CBR at 10% in April

Business
Bank of Uganda (BoU), has maintained the Central Bank Rate (CBR) at 10 per cent in April 2019, this is according to a Monetary...

Dfcu Bank’s 2018 profit falls by 51.6% amidst falling deposits and incomes

Business
Dfcu bank has posted its 2018 profits indicating a sharp fall from its 2017 results. The results indicate a decline in the deposits, the bank...

Ugandan startups get least funding in East Africa as Kenya tops Africa -report

Business
Ugandan startups attracted the least funding in the East African region, according to a 2018 report by Partech Africa on funding rounds made by...

What next for Crane Bank’s Shs570b bad book?

Business
When the Bank of Uganda closed Crane Bank Limited (CBL) on October 20, 2016 and sold it to rival Dfcu bank, CBL had...
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