Business

Central Bank maintains CBR at 10% in January

The Central Bank-Bank of Uganda (BoU), has maintained the Central Bank Rate (CBR) at 10 per cent in January 2019, this is according...

Uganda’s coffee exports fall 18.6% in January

Uganda’s coffee exports in December 2018 fell by 18.6 percent to 314,439 bags compared to December 2017, according to the latest coffee market report...

Oil Palm Uganda dismisses Sh7.4 billion fraud allegations

Oil Palm Uganda has assured its stakeholders about its financial stability, dismissing reports of alleged Shs7.4 billion fraud as a smear campaign against the...

Mobile money tax registers surplus Shs50b as OTT dwindles

Mobile money tax collections in Uganda generated a whooping Shs50 billion surplus in the first half of the financial year 2018/19, further validating the...

Standard Chartered launches second wave of digital-only retail banks across four African markets

Standard Chartered has today announced the start of the second phase of its digital-only retail bank across Africa. In response to growing consumer demand...

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