
IATA adds digital currencies to its bag of bill settlement options
IATA, the International Air Transport Association is set to offer digital currencies in the financial settlement […]
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Bank of Uganda teases public about digital currency
Uganda’s central banker the Bank of Uganda, has started public consultations on the viability of issuing […]
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Financial field-management solutions specialist Pebuu eyes global expansion after growing Ugandan footprint
Field-management services fintech Pebuu, has expanded its area of coverage in Uganda to more than 320 […]
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Two major US magazine titles recognise Standard Bank Group
Stanbic Uganda’s parent company—Standard Bank Group, which is also Africa’s largest bank by assets, has been […]
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African Development Bank marks 60th year with $300 billion capital
This week, the Abidjan-based African Development Bank (AfDB), marked its 60th anniversary after shareholders raised the […]
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New tax offset rules can streamline cash flow for Ugandan SMEs
Recently President Yoweri Museveni assented to the amendments to the Valid Added Tax (VAT) Act that […]
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Stanbic subsidiary launches unit trust as industry sees assets rise by 20%
SBG Securities, a subsidiary of the Stanbic Uganda Holdings Limited (SUHL), has unveiled the Stanbic Unit […]
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Bank of Uganda pulls the plug on Mercantile Credit Bank
Banking regulator Bank of Uganda has pulled the shutters on Mercantile Credit Bank MCBL, a small […]
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Trading leads as main source of income for Ugandans
The purchase of land, farming activities and running a business continue to be the predominant investment […]
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New leadership for bankers’ umbrella as total assets top $12 billion
Total assets of Uganda’s banking industry have increased by 8% from UGX45.8 trillion (about $12 billion) […]
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