Ugandan banks roll out Shared Agent Banking

Ugandan banks roll out Shared Agent Banking

The head of Uganda Bankers Association, Wilbrod Humphreys Owor has explained that with the launch of the “Shared Agent Baking System,” the bankers’ body had continued to set standards catering to the needs of traders and artisans at different locations across the country. Owor said the new service was aimed at giving the unbanked, especially […]

Bank of Africa tips SMEs on how to access financing

Bank of Africa tips SMEs on how to access financing

Bank of Africa’s Managing Director, Mr. Arthur Isiko, has tipped various Small and Medium Enterprises (SMEs) on how to access finance as a key aspect for sustainable business growth. Mr. Isiko (pictured above) was speaking at a business forum hosted by the Bank at Tick Hotel in Kawempe Division. This forum, which is a first […]

Gender imbalances in accessing credit hurting women: DFCU

Gender imbalances in accessing credit hurting women: DFCU

Uganda’s third biggest bank, dfcu says the gender imbalances in accessing credit continue to be of major concern to women. This was revealed by dfcu Bank’s Head of Consumer Banking, Denis Kibukamusoke in his speech as part of the celebrations to mark the women’s month of March with over 400 women entrepreneurs set to benefit […]

dfcu Bank could close 46 branches in fresh legal battle

dfcu Bank could close 46 branches in fresh legal battle

Meera Investments has dragged dfcu Bank to Land Division of the High Court, seeking to reclaim its 46 branches that were allegedly acquired illegally countrywide following the dissolution of Crane Bank. Should court agree with the arguments of Meera Investments, all the 46 country wide dfcu Bank branches will be closed and reverted to them. […]

Agent banking to ease and increase financial inclusion

Agent banking to ease and increase financial inclusion

People living in areas without a commercial bank branch will soon be able to access formal bank services. Banks are currently putting final touches on the preparations to roll out agent banking following the approval of the regulations about three month ago. Reports indicate that at least three banks – Stanbic, Barclay and Centenary Bank, […]

Why Taxify boda is the safest option

Why Taxify boda is the safest option

Why Boda bodas, or motorcycle taxis, are the main forms of transport in Uganda, their safety has been a big issue. But announcement of a boda-boda option on the Taxify app in Uganda has been heralded as a game changer. Taxify, a ride-sharing platform, last week unveiled their boda boda option and the Estonian firm […]

Ugandan journalists to participate in continental Sanlam Awards

Ugandan journalists to participate in continental Sanlam Awards

Sanlam Uganda is proud to announce this morning that Uganda will be participating in the Sanlam Awards for Excellence in Financial Journalism. The awards have been recognising and rewarding exceptional business journalism since 1974. The awards aim to honour the indispensable role of the financial journalist in modern business life and the high standards required […]

Gov’t warns Kampala tycoons over charging tenants in dollars

Gov’t warns Kampala tycoons over charging tenants in dollars

Minister for Trade, industry and cooperative, Honorable Amelia Kyambadde has asked investors who own commercial buildings to stop charging local business people in dollar rate. Ms. Kyambadde says, the investors should start charging in local currencies to encourage local businesses people easily access space to carryout businesses. The minister says, her ministry is also trying […]

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