The Ugandan shilling has hit a record low value against the U.S. dollar currently selling at about 2,410 to one US dollar. The shillings started losing again against the dollar after a few months of near comeback where the shilling had dropped from the 2,390 mark to about 3,278 in early June. It is not […]
The Bank of Uganda has announced today that centenary Bank limited was the best performing primary dealer in Uganda government securities during the month of June 2010. Previous winners for primary dealers in Uganda government securities since January 2009 are Barclays Bank Uganda Limited (4 times), Standard Chartered Bank Uganda Limited (7 times), Stanbic Bank […]
Two consultants from the U.S. Government, John Wasielewski and Steven Koltai, indicated the BiD Network approach deserved to be replicated. Investing in SMEs is the key to poverty reduction and a prerequisite for economic and political stability in developing countries. Princess Máxima also underlined the importance to facilitate access to capital to entrepreneurs in developing […]
Working towards attaining a dream is one thing but realizing it is another thing. When most people get well paying jobs, one of the first items they want to buy is a house. But many are limited to acquiring their dream houses due to insufficient funds. But today, banks have come on board to give […]
Ultimate Media Uganda Telecom has joined the growing mobile money market with a big promise to its subscribers to enjoy mobile banking financial transactions in every part of Uganda. Though coming late on the scene after MTN and Zain started their mobile money transfer services, Uganda Telecom has launched its mobile money service to be […]