Inside Story: How Controversial Sale Of Crane Bank To Struggling Dfcu Will Go Down In Uganda’s History As The Most Fraudulent Transaction By BoU
In July businessman Sudhir Ruparelia won yet another victory in the Supreme Court against Bank of Uganda over the fate…
Staggering BoU Exposed For Raising CBR, Banks Told To Cut Interest Rates
The State Minister for industry, David Bahati is not happy that commercial banks in the country continue to raise their…
Uganda, Tanzania Renew Commitment To Secure EACOP
Senior officials from Uganda’s petroleum authority (PAU) and Tanzania’s energy and water utilities regulatory authority (EWURA)—the agencies that have regulatory…
Demand For Credit Slows With Raising Interest Rates
The banking industry has defended its changing mode of operation which sections of the public describe as less friendly, saying…
Corporate Social Responsibility: TotalEnergies EP Uganda Equips Project Affected Persons in Buliisa
TotalEnergies EP Uganda has this week reiterated its commitment to supporting sustainable and inclusive economic growth through income generating activities…
DFCU Bank Records 51% Decline In Half Year Profits
Dfcu Limited has recorded a 51 per cent drop in profitability for the first six months this year, according to…
Stanbic Holdings Half-year Net Profit Up 4.7% To Shs162bn
Stanbic Uganda Holdings Limited (SUHL) has recorded a 4.7% growth in profit-after-tax for the first six months to June.30 to…
1st Phase Of Sudhir’s Paradise Island Resort At 80% With 22 Units Firmly Standing, Set To Open Next Year
The construction of Paradise Island Resort on Lake Victoria is nearing completion with the first phase of 22 units standing at 80…