Tag: Bank of Uganda
Shilling continues to beat expectations, threatens to break the lower ...
By Stephen Kaboyo
The Uganda shilling continued to beat expectations and maintained a bullish stance supported by remittances and charities. The unit threatened to...
Cellulant’s Payments Operations Licensed by the Bank of Uganda
Pan-African payment technology company Cellulant has been granted a Payments Systems Operator license by the National Bank of Uganda in line with the National...
Uganda grapples with soaring inflation: Domestic inflation hit double digits for...
Uganda is grappling with double-digit inflation as spillover effects of the global economic decline filter through the domestic economy, Bank of Uganda (BOU) has...
UK court clears dfcu of any wrongdoing in its acquisition of...
The English High Court judge Mark Pelling KC’s ruling on October 7th 2022cleared dfcu and the Bank of Uganda of any wrongdoing in the...
Uganda shilling marginally gains as it searches for a meaningful direction
By Stephen Kaboyo
The Uganda shilling marginally gained as it searched for a meaningful direction on either side of 3800 mark. The unit joined...
A Bank on a Mission: How Equity is Shaking Up Uganda’s...
BY Moses Kaketo
Equity, formerly Equity Bank Uganda, has been described by many as the most aggressive and fastest growing commercial bank in Uganda....
Uganda shilling trades pretty much in no- man’s land
by Stephen Kaboyo
It was choppy trading for the Uganda shilling with mid-month effect cooling the demand side. The unit traded pretty much in no-...
Shilling watch: Unit crosses over into 3800 territory on both bid...
The Uganda shilling was set to end the week on a weaker tone, reversing the gaining streak on rebound of strong demand mainly from...
Salaam African Bank acquires struggling Top Finance Bank
The Bank of Uganda on Monday announced the takeover of Top Finance Bank by Djibouti based Salaam African Bank
The transaction was concluded following Bank...
Woes to continue hitting the Shilling, remains highly susceptible to swings
The shilling was in a risk off trade as foreign institutional investors continued to reduce their exposure to riskier assets.
The currency tested the...
