The Managing Director, Housing Finance Bank Uganda, Michael Mugabi and Hatem Chakroun, the Agence Française de Développement (AFD) country Director in Uganda, have signed two financing agreements to the tune of euro 10.5 million (UGX 46.5 bn).
Press release: As part of its continued efforts to support businesses amidst numerous challenges presented by the impact of COVID-19,dfcu Bank is offering Unsecured bid bonds of up to UGX 500,000,000 to support traders and contractors in the management of their working capital an
Stanbic Bank has been hit by another fraud, a week after being on the spot for allegedly selling a client's mortgaged properties to the bank’s top employees.
The outstanding court awards to be paid by Government to individuals and companies have now reached Shs9.460trillion, the Ministry of Finance, Planning and Economic Development has revealed.
20 commercial banks in Uganda have lowered lending rates to support their customers as they tackle financial stress inflicted by the Covid-19 pandemic.
Solar Home System company Fenix International collected a loan to a tune of $12.5 million (about Shs46.5 billion) from the European Investment Bank to expand its operations in Uganda.
In 2005 a homeless man called Ted Rodrigue stumbled upon a briefcase filled with crisp $20 and $50 bills totaling $100,000 (about Shs370,000,000).
President Yoweri Museveni has witnessed the signing of a Memorandum of Understanding (
By Kampala Post Reporter
Finance Minister Matia Kasaija has today unveiled the Deposit Protection Fund of Uganda (DPF) in which Government has made a decision to increase the deposit insurance limit from UGX 3 million to UGX 10 million.