Tag: Commercial Banks

UWA Chief Urges Suppliers to Uphold Quality and Integrity

National News
The forum comes as UWA continues to strengthen partnerships and procurement systems to support conservation. The authority is mandated to conserve and sustainably manage Uganda’s wildlife and protected areas.

U.S Pushes Private Investment in Luzon Economic Corridor as $60 Million Energy Deal is Signed

Business
Dan Petrie, the Acting Chief of Staff of the Millennium Challenge Corporation, said MCC had signed a $60 million Energy Threshold Program hours earlier. The programme aims to lower high electricity costs and improve reliability by modernising the Energy Regulatory Commission, strengthening electric cooperatives, piloting smart-grid technologies and unlocking domestic capital for power infrastructure.
Business

Investor Interest Remains Firm as Bank of Uganda Releases...

The auction results provide an important snapshot of investor sentiment, government borrowing costs and liquidity conditions within Uganda's domestic financial market. They also offer insight into demand for government debt across different maturity periods, with investors balancing risk, return expectations and prevailing economic conditions.
Business

Gov’t Reduces GROW Loan Interest Rates to Boost Women...

The GROW loan project is a five-year program set to end in December 2027. The Generating Growth Opportunities and Productivity for Women Enterprises (GROW) Project is a Government of Uganda Project, funded by the World Bank, implemented by the Ministry of Gender, Labour, and Social Development and the Private Sector Foundation Uganda in all districts, municipalities, and cities.
Business

BOU Implores Financial Institutions to Combat Rising Fraud Threats

Fraud threatens the continuity of financial institutions, could lead to the loss of their capital, and undermines the integration of the financial system. 
Business

Central Bank Appoints Primary Dealer Market Markers

Bank of Uganda has appointed eight commercial banks, as Primary Dealer Market Markers (PDMM), and have been given exclusive...

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