Tag: Post Bank

Uganda buys far more from foreign countries than it sells abroad, creating a massive $4.6 billion trade gap. Because international sellers only accept US dollars, local traders are constantly scrambling to buy greenbacks, driving the dollar’s value up and shilling down.
"It is very sad to learn of the death of our brother Hon. Charles Matovu, former Member of Parliament for Busiro South, who passed on yesterday. Hon. Matovu represented his people with vigor and utmost dedication in the 11th Parliament. He was a member of the Parliamentary football team, where his tremendous contribution led us to dominate the East African Parliamentary games. My condolences go out to his family, the people of Busiro South, and the country at large. May he rest in eternal peace., Tayebwa said.

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.

Speaker Directs Minister Amongi to Give Comprehensive Report on...

On August 28, 2024, GROW launched an initiative that will offer quick and affordable loans to women entrepreneurs. The Grow Loan is available at Stanbic Bank and Equity Bank, Finance Trust Bank, DFCU Bank, Centenary Bank, and Post Bank.

BOU to Raise Minimum Paid-up Capital by Commercial Banks,...

The Bank of Uganda (BOU), which supervises and regulates financial institutions in Uganda including the commercial banks and credit...

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