Business

Standard Chartered Bank Uganda in partnership with Uganda Banker’s Association have today spearheaded industry discussions on Information and Cyber Security (ICS) as a principal risk type arising from the digital and technology revolution. The session was attended Heads of Operations, Heads of Information Technology, Heads of Compliance, Heads of Risk Management …

Airtel Uganda has announced the addition of international Transfer Services on its Airtel Money platform to ease the remittance of money by its customers at home and across the globe. With the new service, Airtel Money customers will conveniently, safely and instantly send funds across borders to Tanzania and Malawi …

Uganda Airlines will Monday launch its direct flight to Kenya’s port city of Mombasa in a move government believes will boost tourism and trade. The inaugural flight to the second destination the airline is making in Kenya (after Nairobi) will depart 11:30am Monday. It will take passengers an hour and …

Government is initiating measures it hopes will address the discord in the money lending business in the country. David Bahati, the State Minister for planning told parliament that on top of drafting guiding regulations, the Uganda Microfinance Regulatory Authority (UMRA) has been tasked to establish channels to handle complaints. About …

The central bank has been conducting an investigation after an official at the branch was caught red handed on a security video camera stealing money. “All staff, from the sweeper to the branch manager have been shown the exit,” said a source on Wednesday evening. “BOU conducted a long and …

Stanbic Bank Uganda has signed up to the United Nations Development Programme (UNDP) Gender Equality Seal Certification (GES) Program for Public and Private Enterprises.The programme aims to reduce gender gaps and promote equality at the work place and women’s economic empowerment. Pursuit of gender equality at the workplace sets in …

“Whoever played a part in the fraudulent activities is going to pay for it – we are not going easy.  That includes dfcu that is fraudulently occupying Meera Properties; they are the biggest fraudsters in this country. They need to understand that they are illegally occupying our branches and they …

President Yoweri Kaguta Museveni on Tuesday officiated the opening of 7 factories in Buikwe and Jinja districts. In his speech president Museveni noted that investors will continue to enjoy the tax holidays and incentives since government doesn’t put a lot of emphasis on the direct taxes but rather creation of …

Police are investigating an attempted robbery at DFCU bank, Bwaise branch along Apollo Kaggwa road in Kampala. According to police, four unidentified men armed with an AK-47 rifle stormed the bank premises at around 7pm on Monday evening as the bank was closing. They reportedly ordered the three bank employees …

 Emburara Farm Lodge located along Mbarara – Ibanda Road should be in your Travel bucket list. The luxurious destination is a must visit in Uganda, the Pearl of Africa. Emburara is the only luxury lodge at the centre of all key attractions in Western Uganda offering Life on the farm …